Consumer Financial Services and Inequality

Transatlantic Seminar: Consumer Law, Technology and Inequality

  • Date: Nov 10, 2021
  • Time: 16:00
  • Location: online
Speakers:
Mehrsa Baradaran (University of California Irvine)
Olha Cherednychenko
(University of Groningen)
Juliane Kokott (Advocate General at the Court of Justice of the European Union)
Rory van Loo
(Boston University)
Moderation: Bertram Lomfeld (Freie Universität Berlin)

About the participants:

Mehrsa Baradaran is a professor of law at University of California, Irvine. Previously, she was the Robert Cotten Alston Chair in Corporate Law and Associate Dean for strategic initiatives with a focus on diversity and inclusion efforts and national and international faculty scholarship recognition at the University of Georgia School of Law. Baradaran writes about banking law, financial inclusion, inequality, and the racial wealth gap. Her scholarship includes the books How the Other Half Banks and The Color of Money: Black Banks and the Racial Wealth Gap, both published by the Harvard University Press. The Color of Money: Black Banks and the Racial Wealth Gap was awarded the Best Book of the Year by the Urban Affairs Association, the PROSE Award Honorable Mention in the Business, Finance & Management category. Baradaran was also selected as a finalist at the 2018 Georgia Author of the Year Awards for the book in the category of history/biography. Baradaran has also published articles including "Jim Crow Credit" in the Irvine Law Review, "Regulation by Hypothetical" in the Vanderbilt Law Review, "It's Time for Postal Banking" in the Harvard Law Review Forum, "Banking and the Social Contract" in the Notre Dame Law Review, "How the Poor Got Cut Out of Banking" in the Emory Law Journal, "Reconsidering the Separation of Banking and Commerce" in the George Washington Law Review and "The ILC and the Reconstruction of U.S. Banking" in the SMU Law Review. Of note, her article "The New Deal with Black America" was selected for presentation at the 2017 Stanford/Harvard/Yale Junior Faculty Forum.

Olha Cherednychenko is a Full Professor of European Private Law and Comparative Law at the University of Groningen. She is also the founding director of the Groningen Centre for European Financial Services Law (GCEFSL). As a project leader and/or senior researcher, Olha Cherednychenko has been involved in several European research projects, particularly for the European Parliament and the European Commission. She regularly provides expert advice to national and EU institutions. Since 2021, she has been a member of the Executive Committee of the International Association of Legal Science (IALS) that operates under the auspices of UNESCO en the International Science Council (ISC). The research of Olha Cherednychenko focuses on the role of private law in the process of European market integration and the interaction between national and supranational legal orders and public and private governance mechanisms more generally. She is particularly interested in the following three closely interrelated themes: (1) the role of private law in constituting and regulating markets in the public interest, particularly in the financial markets; (2) the interplay between market regulation and traditional private law as well as the public and private enforcement mechanisms; (3) the impact of fundamental rights and freedoms on private law.

Juliane Kokott is an Advocate General at the Court of Justice of the European Union. She studied law in Bonn and Geneva, holds doctoral degrees from the Heidelberg University and Harvard University, as well as and LL.M. degree from the American University, Washington, DC). She was a Visiting Professor at the University of California, Berkeley (1991); Professor of German and Foreign Public Law, International Law and European Law at the Universities of Augsburg (1992), Heidelberg (1993) and Düsseldorf (1994); Deputy Judge for the Federal Government at the Court of Conciliation and Arbitration of the Organisation for Security and Cooperation in Europe (OSCE); Deputy Chairperson of the Federal Government's Advisory Council on Global Change (WBGU, 1996); Professor of International Law, International Business Law and European Law at the University of St Gallen (1999); Director of the Institute for European and International Business Law at the University of St Gallen (2000); Deputy Director of the Master of Business Law programme at the University of St Gallen (2001). In 2003 she was appointed Advocate General at the Court of Justice of the European Union.

Bertram Lomfeld is Professor of Private Law, Philosophy of Law, and Sociology of Law at Freie Universität Berlin. He is a senior editor of the journal polar and a founder of the global network Private Law Theory, which emphasizes the constitutive social and political function of private law. He is passionate about law as the social grammar of our society. He has advised, among others, the BMZ (sovereign insolvency, World Bank sustainability standards) and the Green parliamentary group in the Bundestag (digital democracy, copyright law). He researches, teaches, and publishes on German and international private law, commercial law, international law, and the foundations of law (philosophy of law, sociology of law, economics of law). His latest book, The Grounds of Contract, will be published in early 2015.

Rory Van Loo is a Professor of Law at the Boston University School of Law. His research focuses on the intersection of business, technology, and regulation. He was twice chosen through blind peer review from a national pool to present at the Harvard/Stanford/Yale Junior Faculty Forum. His articles have been published or are forthcoming in the Columbia Law Review, Cornell Law Review, Duke Law Journal, Georgetown Law Journal, Michigan Law Review, Notre Dame Law Review, UCLA Law Review, University of Chicago Law Review, University of Pennsylvania Law Review, Vanderbilt Law Review, and Virginia Law Review. Prior to BU, Professor Van Loo served on the implementation team that set up the Consumer Financial Protection Bureau, helping to build the framework for supervision of large banks. He also spent several years at McKinsey & Co. conducting empirical studies for multinational corporations in mergers and acquisitions, marketing, and organizational design.Professor Van Loo’s intellectual study of digital markets began with an undergraduate major in science, technology, and society, with a focus on computer science. He then received a Thomas J. Watson Fellowship to spend a year in Argentina, Costa Rica, the Cote d’Ivoire, India, Mali, Peru, Senegal, and Vietnam researching the economic impact of the internet.


About the seminar series:
The Transatlantic Seminar on Consumer Law, Technology, and Inequality is a joint initiative of five partners: the Max Planck Institute for Comparative and International Private Law, the Yale Law School Center for the Study of Private Law, Jagiellonian University in Cracow, the Free University in Berlin, and the European University Institute in Florence. The seminar seeks to create a space for sharing knowledge, ideas, and experience across geographic and professional boundaries, with a special emphasis on bringing US and European scholars, policy-makers, and social activists together. Each session will combine speakers who rarely appear together but share interests at the intersections of law, economics, and society.

More information


The virtual workshop will be held as a video conference via Zoom
. After having registered no later than 9 November 2021 using this LINK you will receive the login details on Tuesday afternoon. Please confirm upon registration that you agree to the use of Zoom and that you will not record the event. By attending the event you confirm that you have read and agreed to Zoom’s Terms of Service and Privacy Policy. You will find them here and here.


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