About Dr. Michael A. S. Guth, Attorney at Law, Strategic Planning Consultant
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MICHAEL A. S. GUTH, Ph.D., J.D.
Attorney at Law
Licensed in Tenn. since 1998
send e-mail
(E-mail is best method of contact).
116 Oklahoma Ave.
Oak Ridge, TN 37830-8604 Phone: (865) 483-8309
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Prior to entering law school, Dr. Michael Guth worked as an investment banker in Europe for Deutsche Bank and Credit Suisse First Boston from late 1989 - 1992. When he returned to the United States in 1992, several New York investment banks were interested in having him join their research departments, but he preferred to have more direct contact with the market through an arbitrage trading group or client contact with corporate finance transactions. Instead, of accepting a research department position in New York, he returned to his home town of Oak Ridge, TN, where he broadened his risk management skills to include human health and environmental risks from contamination.
He always remained interested in mergers and acquisitions (M&A), particularly forward-looking strategies. However, investment banks normally hire MBAs to work on M&A transactions, not Ph.D. economists. On the legal side of M&A transactions, lawyers are involved in drafting the merger, acquisition, and divestiture agreements. Thus, in the fall of 1994, Michael Guth decided to combine his background in financial economics with a law degree, and pursue a career in corporate mergers and restructurings. Large corporate law firms might perceive an advantage in hiring a corporate associate who knew something about capital markets, asset valuation, and related corporate finance concepts. Here are the results of his law school studies as well as his educational background:
EDUCATION
J.D., Summa Cum Laude, College of Law, Dec. 1997, University of Tennessee, Knoxville.
Order of the Coif; rank 2nd out of class of 139; Hunton and Williams prize
for the best brief written by a first-year law student at UT in 1995; individually tailored courses on securities
and class action litigation, and drafting contracts for asset-backed securities transactions. Licensed
to practice law (Tennessee), May 1, 1998; Eastern District of Tennessee, Oct. 13, 1999.
Ph.D., (Financial) Economics, March 1988, University of Tennessee, Knoxville.
M.S., Social Science (Mathematical Economics), June 1986, California Institute of Technology, Pasadena.
B.A., Economics, May 1982, Rice University, Houston, Texas. |
During his second year in law school, Michael Guth noticed an unusually high number of convergence mergers between electric utilities and gas companies, as well as mergers among electric utilities. This merger activity led him to pursue work directly in the power industry, where he might have the opportunity to see the planning for a merger first-hand. During his second year of law school, he began working for the Tennessee Valley Authority (TVA) to work on their power business trading floor as a quantitative finance consultant. He worked for TVA part-time during his second year in law school, and then he was fortunate to receive an offer to join the agency full-time as a consultant upon completion of his law school studies. Thus began his career in the power and gas industry over the period 1997 - 2002, which would culminate in his consulting or working for Pacific Gas & Electric's unregulated National Energy Group, Oklahoma Gas and Electric's unregulated power trading group, Petroleum Institute of Research Associates (PIRA), General Electric Power Systems, and Progress Energy.
From 2002 to the present, he has focused on university teaching and drafting legal documents for clients. During this period he has drafted thousands of pages of legal pleadings and briefs, manages an active client workload of more than 300 clients across the state of Tennessee, and has amassed an impressive list of more than 35 graduate and undergraduate courses courses taught online in economics, finance, business strategy, health economics, health care finance, and health care law, among other topics.
For more than fifteen years, he been interested in health and nutrition, but beginning in 1997, he began to read the medical literature on clinical trials and research related to Alzheimer's disease and developed some expertise on the treatments available for this disease. That research in turn led him to investigate treatments, both prescription drug and nonprescription compounds, for hyperlipidemia and osteoporosis. Dr. Guth is a strong proponent of individual patient self-education on health issues and managing one's own health. He now consults in the area of public health education, communication, medical ethics, and age-related disease prevention, in addition to practice law and teaching Health Economics, his favorite course to teach.
Named After St. Michael the Archangel

International Travel
From June 12, 2006 -- June 20, 2006, I was in Singapore delivering a three-day workshop on Project Finance.
PROJECT FINANCE Seminar Outline
From June 21, 2006 -- June 22, 2006, I was in Kuala Lumpur, Malaysia speaking on the new Basel II banking
regulations.

BASEL II Seminar Outline
I departed for the USA on June 23, 2006, aboard the longest commerical flight currently available: a nonstop flight from Singapore to
Newark, New Jersey -- duration 19 hours.
PUBLICATIONS
● Approximately sixteen professional publications in peer-reviewed journals and books. Click on the
“Financial Economics Publications” button above.
● Approximately twenty additional articles in trade journals and industry magazines. See "Power and Gas Industry" button above.
● Wrote a book entitled Speculative Behavior and the Operation of Competitive
Markets Under Uncertainty that received praise (in writing) from a former president of
the American Economics Association and from a Nobel Laureate.
FOREIGN LANGUAGES: German, French
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