Norman M. Powell Takes Leadership Role in Business Law Section
Norman M. Powell Takes Leadership Role in Business Law Section
In a significant development within the realm of business law, Norman M. Powell of Young Conaway Stargatt & Taylor, LLP has been elected as the Chair-Elect of the American Bar Association's (ABA) Business Law Section. This prestigious role positions him to lead an influential group of over 30,000 professionals dedicated to the advancement and betterment of business legal practices.
Vision for the Future
Norman expressed his gratitude and excitement about his new position, indicating, "I am honored to assume this role within the ABA." He is eager to collaborate with fellow leaders to uphold the section's core values, which include offering educational resources, ensuring ethical representation, and improving business law. His vision emphasizes rethinking the possibilities for the section, particularly in offering a balance between virtual and in-person meetings to better serve the members.
Experience and Expertise
Bringing over 30 years of experience, Mr. Powell is well-versed in the complexities of corporate law and has a unique knack for navigating the intricacies of Delaware corporate and alternative entity law. His practice focuses on alternative entities like limited liability companies and trusts, which are central to modern business transactions.
Transactional Focus
Mr. Powell's expertise extends to large financing transactions where Delaware corporations engage under laws like those of New York. While leading counsel handles deal papers, he manages the Delaware aspects, ensuring comprehensive legal opinions that satisfy lenders and rating organizations.
Academic Contributions
Beyond his law practice, Mr. Powell served as a Senior Fellow at the University of Pennsylvania Carey Law School and was the Executive Director of the Institute for Law & Economics, showcasing his commitment to educating future generations of legal professionals. His academic influence includes teaching secured transactions as an adjunct professor at Temple University.
Past Service and Recognitions
Throughout his career, Mr. Powell has held various positions within the ABA, including serving as Content Officer and a member of the governing Council. His leadership has been recognized through his election as a member of the American Law Institute and as a Fellow of the American College of Commercial Finance Lawyers. Moreover, he has contributed to drafting committees and task forces, enhancing the landscape of commercial law.
Education and Public Engagement
Mr. Powell graduated with a bachelor's degree from Georgetown University and earned a combined JD/MBA from Villanova University. His commitment to the legal community is further exemplified by his presentations to various bar associations and contributions to law journals.
About Young Conaway Stargatt & Taylor, LLP
Young Conaway Stargatt & Taylor, LLP is recognized as one of Delaware's largest law firms, offering counsel on complex business transactional matters. They serve national and international clients across various sectors, dealing with employment issues, real estate, and much more. The firm is known for its robust legal expertise and commitment to supporting regional businesses.
Frequently Asked Questions
1. Who is Norman M. Powell?
Norman M. Powell is a partner at Young Conaway Stargatt & Taylor, LLP, who has recently been elected as the Chair-Elect of the ABA's Business Law Section.
2. What are the core values of the Business Law Section?
The core values include serving members, ensuring ethical representation, and developing business law through educational resources.
3. How long will Norman M. Powell serve as Chair-Elect?
He will serve a one-year term as Chair-Elect before transitioning to a one-year term as Chair.
4. What is Mr. Powell's legal expertise?
He specializes in Delaware corporate law, alternative entities, and large financing transactions, managing both legal opinions and transaction negotiations.
5. Where did Mr. Powell receive his education?
He holds a bachelor's degree from Georgetown University and a JD/MBA from Villanova University.
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