Catherine LaMarr is the General Counsel for the Office of the Connecticut Treasurer. For the past fourteen years, she has served as a valued adviser to one of the nation's most powerful and dynamic elected financial officials and managed all legal matters for a multi-billion dollar governmental financial institution. As such, she has assisted the Treasurer through a crisis following a political scandal, devising the policy of transparency that has become a model for disclosure of placement agent fees employed by pension fund investors in multiple states and was incorporated into recent SEC rulemaking. The policies and protocols she established helped to restore public confidence in the integrity of the Office.
Committed to knowing every aspect of her clients' business operations, Catherine LaMarr brought a measure of private sector structure to the Office of the Treasurer. She built the first formal in-house legal unit and manages a pool of more than two dozen law firms that furnish a wide range of sophisticated professional services to the Office. Under her direction, the Office's contracts were substantially reworked and renegotiated as one aspect of an Asset Recovery and Loss Prevention program that not only initially recovered nearly a billion dollars (including actual cash recovery and cancellation of other obligations) and continues to save the State of Connecticut millions of dollars annually, but has also generated more than $40 million of cash since inception. Attorney LaMarr also manages the judiciously but effectively used tool of litigation for the Office, recently achieving a significant win at the Supreme Court of the United States in Amgen v. Connecticut Retirement Plans and Trust Funds.
Catherine LaMarr helped to develop the Office's corporate governance priorities, many of which have become best practice standards in corporate boardrooms. These contributions have assisted Treasurer Nappier's efforts to provide leadership and guidance in the boardrooms of companies in which Connecticut invests.
Attorney LaMarr has become increasingly interested in addressing the effects of the 2010 Supreme Court decision in Morrison v. National Australia Bank. Ms. LaMarr has raised her concerns with attorneys, investors and regulators around the world in an effort to craft a solution to fiduciary challenges arising from the Morrison decision. As co-Chair of a National Association of Public Pension Attorneys (NAPPA) working group, Catherine LaMarr helped to coordinate the work of a national group of attorneys to produce Living in a Post-Morrison World: How to Protect Your Assets Against Securities Fraud, a NAPPA publication.
Catherine LaMarr received her JD from the Howard University School of Law and her BA from Cornell University.