James B. Heaton, III
J.B. Heaton has practiced with the firm since 1999. With a strong background in financial economics, including a Ph.D. from the University of Chicago, J.B. focuses his practice on cases that involve complex economic and financial issues.
J.B. has published widely in both finance and law, and his scholarly work has been cited numerous times by courts and legal scholars.
Confie Seguros Holding II Co. v. J.C. Flowers & Co. LLC. Representing private equity fund, investment advisor, and principal in securities case pending in the United States District Court for the Northern District of Illinois.
Official Committee of Unsecured Creditors of General Wireless, Inc. v. Sprint Solutions, Inc. Representing unsecured creditors’ committee and secured lenders in breach of contract and trade secrets misappropriation case brought in Delaware Superior Court and currently pending in the United States Bankruptcy Court for the District of Delaware.
Elliott Associates L.P. v. AbbVie Inc. Representing investment fund in fraud case brought in Cook County Circuit Court and currently pending in the United States District Court for the Northern District of Illinois.
The "Long Term" in Corporate Law, Business Lawyer, Vol. 72, 353-366 (Spring 2017)
Positive Equity Prices with Insolvency Under Legal Solvency Tests, Journal of Forensic Economics (forthcoming)
Deep Learning in Finance: Deep Portfolios, Applied Stochastic Models in Business and Industry, Vol. 33, Issue 1, pp. 3-12 (2017) (with Nick Polson and Jan Hendrik Witte).
Event Studies in Securities Litigation: Low Power, Confounding Effects, and Bias, 93 Washington University Law Review 583 (2015) (with Alon Brav).
Overconfidence, Compensation Contracts, and Capital Budgeting, Journal of Finance, Vol. 66, No. 5, pp. 1725-77 (2011) (with Simon Gervais and Terry Odean).
Returns, Risk, and Financial Due Diligence, Chapter 5 in Finance Ethics: Critical Issues in Theory and Practice, J. Boatright, ed. (Robert W. Kolb Series) (Wiley, 2010) (with Christopher L. Culp).
The Limits of the Limits of Arbitrage, Review of Finance, 14(1):157-187 (2010) (with Alon Brav and Si Li), runner-up for the 2010 Deutsche Bank Prize in Financial Economics for Best Paper in the Review of Finance.
CSX Corporation v. The Children's Investment Fund: Total Return Swaps as Evasions of Section 13(d) Reporting, Securities Litigation Journal, pp. 16-18 (Summer 2009).
Naked Short Selling, Regulation, Vol. 31, No. 1, 46-51 (2008) (with Christopher L. Culp).
Solvency Tests, Business Lawyer, Vol. 62, No. 3, 983-1006 (2007).
The Uses and Abuses of Finite Risk Reinsurance, Journal of Applied Corporate Finance, Vol. 17, No. 3, pp. 18-31 (2005) (with Christopher L. Culp).
Deepening Insolvency, The Journal of Corporation Law, Vol. 30, No. 3, pp. 465-500 (2005).
Settlement Pressure, International Review of Law and Economics, Vol. 25, pp. 264-275 (2005)
The Rational-Behavioral Debate in Financial Economics, Journal of Economic Methodology, 11(4) 2004 (Lead Article) (with Alon Brav and Alexander Rosenberg).
Market Indeterminacy, The Journal of Corporation Law, Vol. 28, No. 4, pp. 517-539 (2003) (with Alon Brav, Duke University).
Managerial Optimism and Corporate Finance, Financial Management, Vol. 31, pp. 33-45 (Summer 2002).
Competing Theories of Financial Anomalies, The Review of Financial Studies, Vol. 15, No. 2, pp. 475-506 (2002) (with Alon Brav, Duke University). Winner, Barclays Global Investors (BGI) Michael Brennan Award for the best paper published in The Review of Financial Studies.
Incomplete Financial Contracts and Non-Contractual Legal Rules: The Case of Debt Capacity and Fraudulent Conveyance Law, Journal of Financial Intermediation, Vol. 9, pp. 169-183 (2000).