Associate Professor of Law. (International Law; International Finance; Commercial Law.) Professor Gelpern's research explores the legal and policy implications of global capital flows. She is a visiting fellow at the Peter G. Peterson Institute for International Economics and before joining the law faculty in the fall of 2005 was an International Affairs Fellow at the Council on Foreign Relations. Between 1996 and 2002, she served in legal and policy positions at the U.S. Treasury Department, where she focused on international debt and development issues, international financial institutions, and managing financial crises. She practiced with Cleary, Gottlieb, Steen & Hamilton in New York and London, advising governments and private sector clients on debt restructuring, investment, and other cross-border financial transactions.

Professor Gelpern has published numerous articles on debt restructuring, systemic insolvency, and privatization, including most recently "Public Symbol in Private Contract: A Case Study" (with G. Mitu Gulati; forthcoming, Washington University Law Review); "Pathways Through Financial Crisis: Argentina" (with Brad Setser; forthcoming, Global Governance); "What Iraq and Argentina Might Learn from Each Other" in 6 Chicago Journal of International Law 391 (2005); "Building a Better Seating Chart for Sovereign Restructurings" in 53 Emory Law Journal 1115 (2004); and "Domestic and External Debt: The Doomed Quest for Equal Treatment" (with Brad Setser) in 35 Georgetown Journal of International Law 795 (2004).

Professor Gelpern earned an A.B. from Princeton University, a J.D. from Harvard Law School, and a M.Sc. from the London School of Economics and Political Science. She is also a part of the core faculty of the Division of Global Affairs at Rutgers-Newark.