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Guenther, David B.

Clinical Assistant Professor of Law
International Transactions Clinic

3120 South Hall

David B. Guenther, '99, is a clinical assistant professor of law and director of the International Transactions Clinic. He represents social enterprises in international financing and other international transactions. Prior to joining the Law School, Professor Guenther was a partner at Conlin, McKenney & Philbrick, P.C. in Ann Arbor, where his practice focused primarily on U.S. and international transactions, financing, corporate governance, and succession planning for privately held companies. He is experienced in public and private company mergers and acquisitions, securities offerings, venture capital, angel and impact investing, and other transactions for established, emerging, and start-up business and nonprofit clients. Professor Guenther taught as an adjunct clinical assistant professor in the International Transactions Clinic from 2010 to 2015.

Professor Guenther graduated from the University of Michigan Law School, magna cum laude, in 1999 and from Kenyon College, summa cum laude and Phi Beta Kappa, in 1984. He received a master's degree in Germanic languages and literature from Duke University in 1997. He studied classical philology at Julius-Maximilians-Universität Würzburg from 1995 to 1996. Following law school, he was an associate with Sullivan & Cromwell LLP in New York (1999–2001) and Frankfurt, Germany (2001–2004).

Professor Guenther served as an intern in the legal department of the former German Federal Securities Supervisory Office, now part of the German Ministry of Finance, in Frankfurt during fall semester 1998. He also taught English at a rural secondary school in Kenya, East Africa, from 1986 to 1987.

Professor Guenther is a past chair of the International Law Section of the State Bar of Michigan. He is a member of the board of directors of Dixboro Village Green, Inc., a former member of the board of directors of Michigan Nonprofit Housing Corporation, and chair of the Superior Township Planning Commission. He is a member of the Michigan and New York state bars.

Recent Publications

"Of Bodies Politic and Pecuniary: A Brief History of Corporate Purpose." (Working Paper).

"The Strange Case of the Missing Doctrine and the 'Odd Exercise' of eBay: Why Exactly Must Corporations Maximize Profits to Shareholders?" Va. L. & Bus. Rev. (Forthcoming, Spring 2018).

"International Microfranchising: The International Transactions Clinic's Experience." David W. Koch, co-author. Mich. B.J. 96, no. 10 (2017): 34-8.
Full Text: WWW

"‘Doing Good By Doing Deals’: How Law Students Help Social Entrepreneurs Help Small Farmers." NextBillion Blog. November 7, 2016.
Full Text: WWW

Recently Taught Courses


Moderated a panel, "Blurring the Lines of Impact and ESG," at the Legal Issues in Social Entrepreneurship and Impact Investing—in the U.S. and Beyond Conference, Grunin Center for Law and Social Entrepreneurship, New York University School of Law, June 2018.

Presented on a panel, "Business as Unusual: Clinical Representation of Social Entrepreneurs and Impact Investors," at the Transactional Clinical Conference, Chicago, April 2018.

Was a judge in the preliminary round of the 2017 New Hampshire Social Venture Innovation Challenge hosted by the Center for Social Innovation and Enterprise, University of New Hampshire, November 2017.

Presented on a panel discussion, "Best Practices for Governance: What Makes Governance Different for Social or Mission-Related Enterprises?" at a conference on Legal Issues in Social Entrepreneurship and Impact Investing in the U.S. and Beyond, New York University Law School, May 2017.

Presented on a panel discussion, "Retread or Racing Tire: Engaging Advanced Clinic Students in Nontraditional Ways," at the Midwest Clinical Conference, Tulsa, Oklahoma, October 2016.

Presented on a panel discussion, "The Zone of Uncertainty: (Unintended) Consequences of Baking Social/Environmental Purpose into Business Structures," and moderated a second panel on "Embedding Social Metrics into Deal Documentation and Structures" at a conference on Legal Issues in Impact Investing: U.S. and Abroad, New York, May 2016. ​