Law Students

Faculty Group Demands NYU Wachtell Partner Lipton Quit Board of Trustees
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

A group of NYU faculty is angry over John Sexton’s administration of the school and is asking one of his prominent defenders to resign from his position as the chair of NYU’s board of trustees. Martin Lipton, founding partner of Wachtell, Lipton, Rosen & Katz is one of the main supporters of John Sexton, the President of New York University.

NYU Faculty Against the Sexton Plan (FASP) is a group that represents more than 400 professors who are opposed to Sexton’s plan to expand the university. They content that John Sexton wants to expand the university domestically, acquiring smaller colleges and growing its campus space and student body size, as well as internationally. Under President Sexton the University has expanded internationally by adding campuses in Abu Dhabi and Shanghai. They contend that this will all happen “on the backs of debt-saddled students and underpaid staffers.” They demand that Lipton step down from the post that he has had for more than a decade and a half in an open letter released Tuesday, according to American Lawyer.com.

  
What
Where


Criticism was aimed at President John Sexton since NYU’s plans for its Greenwich Village expansion was approved by the NYC Council, despite activists and faculty members’ opposition. The faculty group consists of almost two dozen plaintiffs who filed a suit against the city’s transportation department, parks department, planning commission, and other agencies arguing that the expansion illegally eliminates several parks, and “threatens to overwhelm one of New York City’s crown jewels.”

By an overwhelming 44 to 1 vote, the New York City Council approved a series of zoning amendments, permits and map changes that will allow the university to erect four buildings that together will add a skyscrapers’ worth of classrooms, dorm rooms and office space to a leafy 12 block parcel occupied by two university apartment complexes south of Washington Square Park, according to the NY Times.

Professor Andrew Ross, president of NYU’s chapter of American Association of University Professors, a group that previously called for Sexton’s resignation and had also endorsed Fasp’s position that Lipton step down. He comments, “it’s not surprising that the M&A legend is getting caught in the anti-Sexton crossfire. [Lipton] and John Sexton have been ‘partners’ for a long time, it’s almost as if they were law firm partners and it’s their tight relationship that has really driven the direction of this university.” Both the medical and law schools on the NYU campus bear Lipton’s name. Lipton supported President Sexton and responded, “we are wholly confident in N.Y.U.’s president John Sexton, whose own innovative leadership has done much for the law school and the university in maintaining the university’s upward trajectory.”

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-Level Commercial Business Litigator

USA-CA-Los Angeles

Los Angeles office is seeking a commercial business litigation attorney with 2-5 years of experience...

Apply Now

Senior Level Litigator

USA-CA-Woodland Hills

Woodland Hills office is seeking a litigation attorney with 5-7 years of experience and a background...

Apply Now

Litigation Associate Attorney

USA-CT-Stamford

Stamford office of our client seeks litigation associate attorney with 3+ years of experience. The c...

Apply Now

Experienced Estate Planning Attorney

USA-CA-Torrance

Torrance office is seeking an estate planning attorney with 7-10 years of experience.

Apply Now

RELEVANT JOBS

Paralegal / Legal Assistant (Criminal Defense Firm)

USA-CA-San Diego

Busy downtown San Diego criminal defense firm seeks paralegal who is experienced in handling client ...

Apply now

Paralegal

USA-UT-Salt Lake City

Our growing law firm is looking for another paralegal to assist with its current caseload. It is exp...

Apply now

Paralegal

USA-NY-Auburn

Plaintiffs\' litigation firm looking for FT experienced paralegal who is familiar with handling pers...

Apply now

Paralegal / Legal Assistant

USA-MO-Springfield

Full-time position available with local law firm. Legal experience of two years is required. Prefere...

Apply now

SEARCH IN ARCHIVE

To Top