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GraduateTa x KAREN C. BURKE M. CARR FERGUSON HON. DAVID LARO Warren Distinguished Visiting Professor of Law Visiting Professor of Law Professor of Law and Executive Advisor to the B.A. 1964, University of Michigan; B.A. 1972, Smith College; Graduate Tax Program J.D. 1967, University of Illinois; M.A. 1975, Ph.D. 1979, Harvard University; A.B. 1952, J.D. 1954, LL.M. 1970, New York University J.D. 1982, Stanford University; Cornell University; The Hon. David Laro has served on the LL.M. 1985, Boston University LL.M. 1960, New York University U.S. Tax Court since 1992, after practicing After graduating from Stanford Law School, M. Carr Ferguson is a senior counsel and law in Flint and Ann Arbor, Michigan. He Karen C. Burke clerked for The Honorable retired partner at Davis Polk & Wardwell, was a regent of the University of Michigan, Robert E. Keeton of the U.S. District Court where his practice concentrated on federal a member of the State Board of Education for the District of Massachusetts, practiced and international taxation of corporations in Michigan and chairman of the State law with Sullivan & Worcester in Boston, and individuals, principally in the areas Tenure Commission in Michigan. He teaches and was the Dorsey & Whitney Professor of business transactions, including sales, Business Planning at Georgetown University of Law at the University of Minnesota acquisitions, financing and insolvency Law Center. Through a U.S. Agency for Law School. Professor Burke teaches and arrangements. He also served as a trial International Development project, Judge writes primarily in the area of federal attorney and special assistant to the U.S. Laro was a consultant on Russian tax reform income taxation. She is a member of the attorney general in the Tax Division; and is a commentator for the American Bar American Law Institute and has served as a a professor of law at the University of Association’s Central and East European Law consultant to the American Law Institute Iowa and New York University; a visiting Initiative on the draft laws of Uzbekistan, Federal Income Tax Project-Taxation of professor of law at Stanford University; Kazakhstan, Slovakia and Ukraine. Some Private Business Enterprises. and as the U.S. assistant attorney general of his most notable cases include Simon in charge of the Tax Division of the (depreciation of antique musical instrument), Department of Justice. Professor Ferguson Mandelbaum (lack of marketability is the author of several books and articles discount), Wal-Mart (inventory shrinkage), on aspects of federal taxation. ACM Partnership (corporate tax shelter), Norwest (capitalization of salaries) and Osteopathic Medical (accounting method) and BankOne (derivatives). THE GRADUATE TAX PROGRAM 2 UNIVERSITY OF SAN DIEGO SCHOOL OF LAW Faculty HERBERT I . LAZEROW DENNIS LILLY GRAYSON M.P. MCCOUCH Professor of Law Visiting Professor of Law Professor of Law A.B. 1960, University of Pennsylvania; B.S. 1964, Georgetown University; A.B. 1979, Harvard University; J.D. 1963, Harvard University; LL.B. 1967, University of Virginia; J.D. 1982, Stanford University; LL.M. 1964, George Washington LL.M. 1973, New York University LL.M. 1990, Boston University University; D.E.S.S. 1982, Dennis Lilly was a teaching assistant at Before joining the USD law faculty, University of Paris I the Columbus School of Law at Catholic Grayson M.P. McCouch was a professor Herbert I. Lazerow has taught at USD University of America before becoming at the University of Miami School of Law. since 1967 and has been director of the a law clerk to The Honorable Edmund He clerked for Judge Hugh Bownes of Institute on International and Comparative L. Palmieri of the U.S. District Court the U.S. Court of Appeals for the First Law since 1973. He has written extensively for the Southern District of New York. Circuit and practiced law with firms in on U.S. and international tax law in English He joined USD after holding a tenured Boston and Minneapolis. Professor and French and also teaches property, appointment at Santa Clara University McCouch was a research fellow at the international business transactions and art School of Law for more than a quarter- European University Institute in Florence, law. Among his publications are a book on century. His specialties include federal Italy, and at the Max Planck Institute in income tax treaties and an introduction to taxation, business organization and finance, Munich, Germany. He teaches and writes U.S. tax law. Professor Lazerow was editor- international business, tax planning, and in the areas of wills, trusts and taxation, in-chief of the International Tax Journal, trusts and estates planning. Professor and he is coauthor of several books on chair of the San Diego Mayor’s Social Lilly is a member of the bars of Virginia, estate planning and taxation. Professor Science Advisory Committee and a visiting New York and California. McCouch is a member of the American professor at the University of Paris X Law Institute. Nanterre. He is a member of the American Law Institute. THE GRADUATE TAX PROGRAM 3 UNIVERSITY OF SAN DIEGO SCHOOL OF LAW “The University of San Diego School of Law Graduate Tax Program presents a unique opportunity to study with nationally recognized, outstanding faculty in an idyllic Southern California setting. I find the program incorporates the optimal balance of technical and intellectual training. From the detailed corporate accounting rules to overarching policy considerations, the USD faculty challenge students to strive for the highest ethical standards in their practice of law.” —ANDREW BRYANT, LL.M. 2004 Stoel Rives, LL.P., Seattle, Washington RICHARD C. PUGH VIRGINIA V. SHUE LESTER B. SNYDER Distinguished Professor of Law Professor of Law Professor of Law A.B. 1951, Dartmouth College; and Associate Dean B.S. 1951, Syracuse University; B.A. 1953, Oxford University; B.A. 1964, Stanford University; J.D. 1956, Boston University; J.D. 1958, Columbia University J.D. 1972, University of San Diego LL.M. 1961, Columbia University Richard C. Pugh was a Rhodes Scholar, a Virginia V. Shue is a summa cum laude Lester B. Snyder practiced law in Massa- professor of law at Columbia University, graduate of the School of Law and was chusetts and Connecticut and was on the a U.S. deputy assistant attorney general notes and comments editor of the San Diego faculty of the University of Connecticut (Tax Division) and a senior partner of Law Review. She practiced law with the (attaining emeritus status in 1983) before the international firm of Cleary, Gottlieb, predecessor to DLA Piper Rudnick Gray coming to USD. He served as director of Steen & Hamilton in New York. He joined Cary in San Diego before joining the faculty the Law School’s Graduate Tax Program the USD law faculty in 1989 and teaches in 1977. Professor Shue teaches primarily from 1983 to 1989. He was a visiting pro- and writes in the areas of corporate tax, in the areas of tax, and trusts and estates. fessor at Boston University and NYU and international tax, international law and Among her publications are the treatise was a professor-in-residence in the Tax international criminal law and human Fundamentals of Computer-High Technology Division of the U.S. Department of Justice. rights. Professor Pugh is coauthor of the Law (American Law Institute) and State He is the founding editor-in-chief of The course books International Law, Taxation Computer Law: Commentary/Cases/Statutes Journal of Real Estate Taxation. Professor of International Transactions and Taxation (West Group) (with J. Vergari). She is a Snyder created and chaired highly regarded of Business Enterprises (West Group). He member of the American Law Institute. national tax conferences in 1985 and in serves on the editorial advisory boards of 1999. He is completing the book, Double the American Oxonian and the International Take—Unequal Taxation of Equals. Professor Tax Journal, and is a fellow of the American Snyder received the 2003 Bernard E. Witkin College of Tax Counsel and a member of Award for academic excellence from the the American Law Institute. San Diego Law Library Justice Association, and was re-elected to the Academic Advisory Board of the Tannenwald Foundation for Excellence in Tax Scholarship. He is regard- ed as an authority on federal tax policy. THE GRADUATE TAX PROGRAM 4 UNIVERSITY OF SAN DIEGO SCHOOL OF LAW.