Aleta G. Estreicher
Professor Estreicher joined the New York Law School faculty in 1984 after clerking for Judge Eugene H. Nickerson (EDNY) and practicing corporate law at Cleary Gottlieb Steen & Hamilton in NYC. She is a graduate of Columbia University School of Law. Her primary teaching and research areas were Corporations, Securities Regulation, and Securities Arbitration (all upper-year courses). In addition, she particularly enjoyed teaching 1Ls in Property Law.
In her Corporations course, she “deliberately demystified” many of the business and financial concepts that are unfamiliar to many students coming from a liberal arts background. “Corporate law is an extraordinarily important subject, firmly grounded in the real world–which frequently comes as a surprise to students with no business experience.”
Professor Estreicher always tried to bring the reality of business and law practice into the classroom in her Securities Arbitration seminar. In that seminar, students prepared simulated cases, usually with NYLS alumni playing the client roles and real arbitrators deciding the outcomes. She was delighted when it became possible to give students the “real thing”—a live-client securities arbitration clinic. The NYLS Securities Arbitration Clinic opened in spring 2005 and continues to be an extremely successful and popular component of the business/clinical curriculum of the law school.
Professor Estreicher is very proud of the Clinic, which she created and co-directed with Professor Howard Meyers, the current Director. The Clinic offers students the opportunity to represent, under faculty supervision, small investors who would otherwise be unable to obtain legal representation in pursuing their legitimate complaints against securities brokers. “Arbitration has steadily grown in importance as a dispute resolution mechanism, particularly in the securities industry,” she says. “Our students can only benefit from this hands-on experience.”
Professor Estreicher majored in Classical and Near Eastern Archaeology at Bryn Mawr College, but decided not to pursue it as a career. While working in the Dean’s Office of Columbia College, she became a volunteer union organizer on campus. As employee liaison between university staff and the union’s attorney (Lewis Steele, a NYLS alum!), she became interested in practicing law.
“I am living proof that life is not necessarily a straight line, and neither is a career in the law. My interests and practice experience quickly zigzagged from labor law to litigation to business law, and so I always told my students not to be too single-minded when choosing courses in law school.”
In addition to her scholarly writings, Professor Estreicher authored a series of interactive computer lessons on corporate law for the Center for Computer Assisted Legal Instruction (CALI). Her lessons allowed students to study specific areas of corporate law at their own pace through a structured series of interactive questions that provided them with detailed feedback for both their right and wrong answers.
“These lessons offer a useful supplement to traditional classroom pedagogy,” she explains. “By writing them, I could reach students outside the classroom and engage in another form of teaching.”
Professor Estreicher and her husband, Sam—the other Professor Estreicher—now live in Maplewood, New Jersey, about four blocks from their son’s family. (Her daughter lives in upstate New York.) In retirement, Professor Estreicher intends to continue “working full-time” as a doting grandmother. She is also taking ceramics classes in wheel-throwing and hand building, and spends “a ridiculous amount of time” sitting at her wheel, obsessing about pottery. “So much to learn, so few hours in the day! Life is good!”
CHAPTERS IN BOOKS
Judicial Review of Arbitration Awards Resolving Statutory Claims, Chapter 28 in Alternative Dispute Resolution in the Employment Arena (Proceedings of the New York University 53rd Annual Conference on Labor) at 789–814 (S. Estreicher & D. Sherwyn, eds., Kluwer Law International, 2004).
LAW REVIEW AND OTHER SCHOLARLY PUBLICATIONS
“Foreword (The Sixth Annual Ernst C. Stiefel Symposium).” 17 New York Law School Journal of International and Comparative Law (1997) (with K. Gross).
“Heavy Duty II: Forming a Business Entity in the United States (The Sixth Annual Ernst C. Stiefel Symposium).” 17 New York Law School Journal of International and Comparative Law 307–328 (1997) (with W.S. Green).
“Beyond Agency Costs: Managing the Corporation for the Long Term.” 45 Rutgers Law Review513–614 (1993).
“Securities Regulation and the First Amendment.” 24 Georgia Law Review 223–326 (1990).
NEWSPAPER ARTICLES, PRACTICE MATERIALS, AND OTHER PUBLICATIONS
“Something Wonderful to Read,” Beliefnet.com (November 2005)
Delaware’s Judicial Review of Board Action in Transactions Involving Corporate Control II: REVLON and BLASIUS, CALI Lesson (CALI: The Center for Computer Assisted Legal Instruction, 2004).http://www2.cali.org/index.php?fuseaction=lessons.lessondetail&lid=722.
“The Business Judgement Rule, CALI Lesson” (CALI: The Center for Computer Assisted Legal Instruction, 2002) http://www2.cali.org/index.php?fuseaction=lessons.lessondetail&lid=441.
“Delaware’s Judicial Review of Board Action” in Transactions Involving Corporate Control I: UNOCAL “CALI Lesson” (CALI: The Center for Computer Assisted Legal Instruction, 2002).http://www2.cali.org/index.php?fuseaction=lessons.lessondetail&lid=455.
Introduction to the Federal Regulation of Proxy Solicitation, CALI Lesson (CALI: The Center for Computer Assisted Legal Instruction, 2002). http://www2.cali.org//lessons/web/corp26l/index.php.
Delaware’s Judicial Review of Board Action in Transactions Involving Corporate Control II: Revlon and Blasius, CALI Lesson (CALI: The Center for Computer Assisted Legal Instruction, 2004).http://www2.cali.org/index.php?fuseaction=lessons.lessondetail&lid=722.
“Memorial to Dr. Ernst C. Stiefel (The Sixth Annual Ernst C. Stiefel Symposium).” 17 New York Law School Journal of International and Comparative Law (1997) (with K. Gross).