Simeon E. Baldwin Award
The Simeon E. Baldwin Award was established in 2007 and is presented by the Center to a Yale Law School graduate or faculty member in recognition of distinguished achievement in law and business.
Simeon E. Baldwin, both a student and faculty member of the Law School, was the leading railroad lawyer of his day and was responsible for putting in place the Law School’s interdisciplinary tradition, which would propel Yale Law into the preeminent institution it is today. He was also governor and chief justice of the Supreme Court of Connecticut, and a founder and president of an astounding number of professional associations including the American Bar Association, American Association of Law Schools, and American Political Science Association. Baldwin’s extraordinary career embodies the distinguished service that the Center wishes to recognize and honor in award recipients.
Award Recipient List
Chandler, William B. ’79 LL.M. (2010)
Cutler, Stephen M. ’85 (2020; presented in 2022)
DiBlasi, Gandolfo V. ’78 (2013)
Fleischer, Arthur Jr. ’58 (2009)
Fraidin, Stephen ’64 (2012)
Giuffra, Robert J. Jr. ’87 (2016)
Hansmann, Henry B. ’74 (2018)
Heineman, Ben W. Jr. ’71 (2017)
Jimenez, Frank R. ’91 (2024)
Landy, Eugene W. ’58 (2014)
Lang, Robert Todd ’47 (2007)
Langbein, John A. (2015)
Ludwig, Eugene A. (2011)
Schwartz, Alan ’64 (2019)
Winter, Ralph K. ’60 (2008)
Remarks on Award Presentation to Recipients
Hon. Ralph K. Winter ’60, U.S. Court of Appeals for the Second Circuit
Judge Ralph K. Winter ’60, was a member of the Law School faculty from 1962-82, when he was appointed to the U.S. Court of Appeals for the Second Circuit. He continues to teach on the faculty part-time. At the presentation of the award, Center Director Roberta Romano ’80 stated that Judge Winter was awarded the Simeon E. Baldwin Award in recognition of his foundational contributions to corporate law as a scholar and jurist. She continued: “His pathbreaking 1977 article: 'State Law, Shareholder Protection, and the Theory of the Corporation,' challenged the prevailing understanding of state corporate law as a 'race for the bottom' and transformed the debate, by using economic analysis to identify fundamental flaws in the dominant reasoning that failed to recognize the impact of markets on behavior. It is difficult to appreciate how novel and controversial the article’s approach was from today’s vantage point, as the economic mode of analysis, which was against the grain of the then-existing literature, is now mainstream. The 1977 article continues to be read and cited, with 10 percent of its over 200 citations having been in 2007-08 publications; this is a rare achievement. Ralph Winter has also continued to influence corporate law from the bench: For example, to understand the Business Judgment Rule, the keystone of the liability regime for corporate directors, a lawyer has to read his opinion in Joy v. North.”