Martin Lipton is a founding partner of the New York law firm Wachtell, Lipton, Rosen & Katz.
Education:B.S. in Economics, Wharton School of the University of Pennsylvania
L.L.B., New York University School of Law
Personal:Married to
Susan Lipton
Background:In 1976 Mr. Lipton authored, Corporate Takeovers: Tender Offers and Freezeouts, American Bar Association, National Institute on Corporate Takeovers. In 1982 Mr. Lipton created the Shareholders Rights Plan ("Poison Pill") which has been described by Prof. Ronald Gilson of the Columbia and Stanford Law Schools as "the most important innovation in corporate law since Samuel Dodd invented the trust for John D. Rockefeller and Standard Oil in 1879." In 1992 Mr. Lipton served on the Subcouncil on Corporate Governance and Financial Markets of the United States Competiveness Policy Council which resulted in his co-authoring with his fellow member of the Subcouncil, Prof. Jay Lorsch of The Harvard Business School, an article, A Modest Proposal for Improved Corporate Governance, which became the template for much of the basic corporate governance principles that were adopted in the 1990's. Mr. Lipton served as counsel to the New York Stock Exchange Committee on Market Structure, Governance and Ownership (1999-2000), as counsel to, and member of, its Committee on Corporate Accountability and Listing Standards [Corporate Governance] (2002) and as Chairman of its Legal Advisory Committee (2002-2004).
