Cathy Hwang

  • Barron F. Black Research Professor of Law
  • Director, John W. Glynn Jr. Law & Business Program

Cathy Hwang joined the law faculty in 2020. Her research and teaching focus on business law, including mergers and acquisitions, corporate contracts and corporate governance.

Her work has been published in Columbia Law Review, California Law Review, the University of Pennsylvania Law Review, Virginia Law Review, and Northwestern University Law Review, among others. Three of her articles have been voted by business law professors as among the top 10 corporate and securities law articles of the year.

Prior to joining the Virginia faculty, Hwang was on the faculty of the University of Utah, where she received the University Early Career Teaching Award and the College of Law’s Early Career Faculty Award. She has also served as a visiting professor at the University of California, Berkeley, and was an academic fellow at the Rock Center for Corporate Governance, a joint initiative of Stanford Law School and the Graduate School of Business. In 2022, she was appointed a research member of ECGI.

Hwang received her undergraduate degree in economics and international relations from Pomona College and her J.D. from the University of Chicago Law School, where she served as the managing editor of the Chicago Journal of International Law. After law school, she was a mergers and acquisitions attorney at Skadden, Arps, Slate, Meagher and Flom in New York.  



  • J.D.
    University of Chicago Law School
  • B.A.
    Pomona College


Business Associations: A Modern Approach (with Paolo Saguato), Foundation Press (2023).
Nonparty Interests in Contract Law (with Omri Ben-Shahar & David A. Hoffman), University of Pennsylvania Law Review (2023).
The Lost Promise of Private Ordering (with Jeremy McClane & Yaron Nili), Cornell Law Review (2023).

Works in Progress

Declassifying Bylaws (with Jens Frankenreiter, Yaron Nili & Eric Talley) (2024).

Articles & Reviews

National Security Creep in Corporate Transactions (with Kristen Eichensehr), 123 Columbia Law Review 549–614 (2023).
Collaborative Intent, 108 Virginia Law Review 657–708 (2022).
Contractual Depth (with Matthew Jennejohn), 106 Minnesota Law Review 1267–1322 (2022).
Comment on The Limits of Public Contract Law, 85 Law and Contemporary Problems 73–75 (2022).
Cleaning Corporate Governance (with Jens Frankenreiter, Yaron Nili & Eric L. Talley), 170 University of Pennsylvania Law Review 1–70 (2021).
The Social Cost of Contract (with David A. Hoffman), 121 Columbia Law Review 979–1016 (2021).
Shadow Governance (with Yaron Nili), 108 California Law Review 1097–1146 (2020).
Shareholder-Driven Stakeholderism (with Yaron Nili), University of Chicago Law Review Online (2020).
Value Creation by Transactional Associates, 88 Fordham Law Review 1649–1663 (2020).
The New Research on Contractual Complexity (with Matthew Jennejohn), 14 Capital Markets Law Journal 381–393 (2019).
Faux Contracts, 105 Virginia Law Review 1025–1078 (2019).
Deal Momentum, 65 UCLA Law Review 376–425 (2018).
Deal Structure (with Matthew Jennejohn), 113 Northwestern University Law Review 279–330 (2018).
Unbundled Bargains: Multi-agreement Dealmaking in Complex Mergers and Acquisitions, 164 University of Pennsylvania Law Review 1403–1451 (2016).
Online Essay: The Value of Uncertainty (with Benjamin P. Edwards), 110 Northwestern University Law Review Online 19–31 (2015).
The New Corporate Migration: Tax Diversion Through Inversion, 80 Brooklyn Law Review 807–856 (2015).
The Value of Uncertainty (with Benjamin P. Edwards), 110 Northwestern University Law Review 283–298 (2015).

Current Courses

All Courses

Contract Design
Critical Perspectives in Business Law
Mergers and Acquisitions
Seminar in Ethical Values




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