Stephen J. Siegel is a partner of Novack and Macey LLP. Steve guides businesses and individuals in resolving their business and commercial real estate investment disputes.
In a typical engagement, Steve serves clients as both their vigorous advocate and a confidential counselor. Litigation, arbitration, mediation, and direct advocacy and negotiation are used, as appropriate, to achieve client goals. Throughout an engagement, Steve makes a point to discuss how to achieve success in a cost-effective manner that makes sense to the client.
His recent successes include:
- Obtained summary judgment for the board of directors of a professional association against a derivative claim brought by association members challenging the board’s conduct. View PDF.
- Obtained the dismissal with prejudice of multiple claims brought by one financial institution against another arising out of a data breach led by fraudsters. View PDF.
- Represented a professional in a Bankruptcy Rule 2004 Exam proceedings and persuading the Bankruptcy Trustee not to sue our client.
- Successfully helped clients resolve numerous disputes including partnership, employment, lease, and construction disputes without litigation.
Steve is a member of the firm's Strategic Planning Committee and its Real Estate Litigation Practice Group. He also co-chairs the firm's pro bono practice and has been active in a wide range of legal and civic organizations. Steve is a long-time leader of the American Bar Association (ABA). In the 2020-2021 bar year, Steve serves as a member of Council, the Section of Litigation’s governing body. Steve is also a member of the Chicago Council of Lawyers.
Steve has been recognized repeatedly by peers nationwide and in Illinois for the quality of his representation and professional reputation. Most recently, Best Lawyers Magazine named Steve among the "Best Lawyers in America" for Commercial Litigation in 2021. He has repeatedly been named by Super Lawyers Magazine as an Illinois "Super Lawyer." The Super Lawyers' List recognizes no more than 5 percent of the attorneys in each state. Steve also is ranked as a Prominent Attorney, the highest Peer Review Rating of the Martindale-Hubbell lawyer rating service. He earned a 5.0 out of 5 ranking, meaning that he meets very high criteria of general ethical standards in litigation, business law and commercial law. In addition, Steve has been selected by his peers and an independent panel as an Illinois "Leading Lawyer" annually since 2005.
Before joining Novack and Macey, Steve served as a legislative assistant to then-U.S. Rep. Harry M. Reid (D.-Nev.) (also former U.S. Senate Majority Leader) and as a law clerk to United States District Judge Morey L. Sear (E.D. La.), and he practiced at Latham & Watkins LLP.
- Middlebury College (B.A. 1984), cum laude
- University of Michigan Law School (J.D. 1990), cum laude
Speeches & Publications
- Effectively Using Letters of Intent in Real Estate Negotiations, Illinois Real Estate Journal, December 2019. View PDF.
- King Coal: Dethroned but No Demise in the Novack and Macey Energy Update, Summer 2016. View PDF.
- Using Letters of Intent in Commercial Real Estate Negotiations, in the Illinois Bar Journal, October 2015. View PDF.
- The Stock Issuer's Dilemma: How Duties to Shareholders Limit an Issuer's Options in Employment Disputes, Business Law Today, October 2012. View PDF.
- Steve Siegel Explains When and How to Use ADR Cost-Effectively to Resolve Legal Disputes. View PDF.
- Recovering Attorney Fees for Litigation Work Performed by In-House Counsel. View PDF.
- In-House Decisions: “Extrajudicial” Waiver Does Not Necessarily Result in Broad Subject Matter Waiver. View PDF.
- In-House Decisions: Offers by Corporate Counsel to Represent Employees Personally – A Cautionary Story. View PDF.
- In-House Decisions: Counsel’s Recollection of Internal Investigation Held Nondiscoverable. View PDF.
Steve has a particular depth of experience in several types of business and commercial disputes, including: investment disputes and business divorces; real estate litigation; healthcare litigation; and contract disputes in the power, gas and coal industries. Examples of client successes in these areas include:
Investment Disputes And Business Divorces
- A $20 million arbitration award in favor of investors for mismanagement and securities fraud in two closely-held investment vehicles;
- Favorable settlements for five former clients of broker Frank Gruttadauria, who misappropriated over $100 million from several dozen of his clients, while misrepresenting that their accounts had grown to approximately $275 million in value;
- An injunction for a client charged with fraud by the public company to whom she had sold her energy consulting business, which permitted her to sell millions of dollars of restricted stock she received in the disputed merger, a victory that was followed by a seven-figure settlement payment reported in the company’s next SEC filing;
- Internal investigations for private companies of alleged misconduct by officer/shareholders; and
- Successfully negotiated multiple highly contentious divorces of long-term business relationships often without litigation.
rEal estate LITIGATION
- A seven-figure judgment after trial, affirmed on appeal, on a building owner’s claims against both a contractor and its principals;
- Summary judgment for a commercial real estate owner holding that a property sale contract was void and of no effect under an attorney modification clause, where the would-be purchaser's attorney proposed modifications to the contract after it was signed and the owner did not accept the proposed changes;
- A negotiated victory for a national hotel operator in a lease dispute with its landlord. After taking over the case from prior counsel, we amended the complaint to add claims that the landlord and its affiliate had breached the lease's territorial exclusivity covenant. We then sought discovery on the affiliate’s profits from improperly competing with our client. After we obtained court orders requiring defendants to comply with that discovery, the landlord reversed its longstanding opposition to extending the lease and settled the dispute by entering into a 50-year lease that ceded operational control of the property to our client;
- The removal of an illegal billboard that stalled completion of a shopping center development, after the Illinois Appellate Court affirmed the trial court’s entry of summary judgment in our client’s favor; and
- Court orders dismissing fraud and contract claims brought by investors against a real estate development partnership, followed by the plaintiffs’ voluntary dismissal of the action with prejudice.
- Represented a medical device provider in payment claims against a leading insurer that resulted in a landmark ruling by the U.S. Fifth Circuit Court of Appeals sustaining our client’s fraud and tort claims against ERISA-preemption defenses;
- Favorably settled claims by and against a revenue cycle management company arising from the early termination of its multi-year collection contract with a large regional physician group;
- Successfully represented healthcare consultants in multiple civil, bankruptcy and investigative proceedings relating to disputed fees paid to physicians by testing laboratories; and
- Successfully resolved disputes between the two 50% owners of a healthcare benefits agency and online exchange.
- An $18 million settlement, reached during arbitration, in favor of a coal purchaser arising from a producer’s failure to deliver low-priced coal as market prices rose;
- An arbitration award and federal court judgment in favor of subsidiaries of a publicly-held energy company, restraining frivolous multi-million dollar litigation in Guatemala, which freed our client to sell its assets in that country;
- An arbitration award in favor of a retail gas supplier awarding it every dollar it sought in damages, attorney’s fees and arbitration expenses on its claim to enforce two unsigned contract amendments; and
- An arbitration award in favor of a retail power seller denying a commercial customer’s claim for purported overcharges and awarding our client all of its arbitration expenses.
Steve also has substantial experience in defending antitrust class actions and consumer fraud claims, and in employment, non-compete/non-solicit, trademark, IP licensing, and transportation industry disputes.
- Stephen Siegel Named on the 2021 Illinois Super Lawyers List
- Stephen Siegel Named on the Best Lawyers® 2021 "Best Lawyers in America" List for Commercial Litigation
- Stephen Siegel Named on Chicago Law Media's Leading Lawyers in Illinois List for 2020
- Stephen Siegel Named on the 2020 Illinois Super Lawyers List
- Stephen Siegel Named on the 2020 "Best Lawyers in America" List
- Stephen Siegel Named on the 2019 Illinois Super Lawyers List
- 2018 Super Lawyers and Rising Stars
- 2017 Super Lawyers and Rising Stars
- Steve Siegel Quoted in ABA Litigation News on How to Avoid Court Sanctions for Failure to Adequately Prepare a Deponent
- Ten Novack and Macey Attorneys are Leading Lawyers for 2016
- 2016 Super Lawyers and Rising Stars
- Steve Siegel Quoted in ABA Litigation News on Burden of Proof for a Motion to Vacate a Default Judgment
- Steve Siegel Quoted in ABA Litigation News on Second Circuit’s Decision That Federal Commodity Exchange Act Covers Only Domestic Transactions
- Steve Siegel Quoted in ABA Litigation News on Recent Utah Supreme Court Decision
- Steve Siegel Quoted in United States Law Week on Civil Procedure and the Abstention Doctrine
- Steve Siegel Quoted in ABA Litigation News on Recent Supreme Court Decision on Abstention Doctrine
- Steve Siegel Quoted in ABA Litigation News on Recent Whistleblower Decision
- Steve Siegel Finds Wide-Ranging Implications for Future Litigation against Payment Networks in Federal Court Decision, “Genesco, Inc. v. Visa, U.S.A., Inc.”
- Stephen Siegel Named Co-Chair of ABA Section of Litigation’s Commercial and Business Litigation Committee
- 1,000-Plus, Big Names Expected at ABA Conference in Chicago; Stephen J. Siegel Is a Conference Chair
- Steve Siegel Co-Chairs ABA Annual Conference for Litigators, April 24 to 26, 2013 in Chicago
- “Small but Mighty” Litigation Boutique Scores Eight Appellate Victories in 2012
- ABA’s “Business Law Today” Publishes Stephen J. Siegel’s Article About the Restraints on a Stock Issuer’s Options in Employee Disputes
- Victory on Appeal in “Landmark” ERISA Decision by Fifth Circuit Court
- Appellate Court Finds Billboard Illegal; Upholds Tenant’s Eviction
- Novack and Macey Attorneys Win Emergency Relief for Corporate Client
- Novack and Macey LLP Collaborates with LAF to Represent Students in Special Education and School Disciplinary Disputes
- Novack and Siegel win appeal and defeat a putative class action at its onset, before any class certification or merits proceedings
- Siegel wins summary judgment for client in lease dispute
- Steve Siegel Explains When and How to Use ADR Cost-Effectively to Resolve Legal Conflicts
- Steve Siegel to Co-Chair 2013 ABA Litigation Section Conference
- Attorneys Siegel and Douglass Successfully Resolve a Multi-Million Dollar Claim for an Alternative Retail Electricity Supplier
- Siegel and Douglass Win Natural Gas Arbitration
- Attorneys Prevail Quickly in Avoiding Enforcement of a Detrimental Signed Agreement
- Novack and Macey Partner Steve Siegel Joins ABA Section of Litigation Leadership
- Novack and Macey Again Selected as a “Go-To” Law Firm
- Overcharge Claim Soundly Defeated
- Novack and Macey LLP Selected as a “GO-TO Law Firm” by a Fortune 250 Company
- Siegel and Campbell Obtain Over $18.9 Million in an Arbitration Award Against a Fund Manager
- Novack and Macey Attorneys Win Dismissal of a Lawsuit Against a Prominent NASCAR Racing Team
- Indiana Contractor-Partner Liable for Construction Defects