University of Virginia Library

Teaching Grant

A five-year grant to be used for
teaching real estate development and
finance has been awarded the University
by the Mary and Daniel Loughran
Foundation of Washington D.C.

The chair will be named as the Mary
and Daniel Loughran Foundation
Professor of Law after the parents of the
late John Loughran, a Washington
businessman whose will led to the
establishment of the foundation.

Additions to the law school
curriculum include a land development
course in which students analyze the
anonymous donor, will also allow the law
school and the University's Graduate
School of Business Administration to
offer courses to businessmen already in
the field, law dean Monrad Paulsen says.

The grant, a minimum of $20,000
annually, will be used by the University's
Law School "to establish a chair and to
expand instruction and research in two
rapidly developing fields of law."