Chad A. Schiefelbein
Shareholder
T: +1 (312) 609 7737
F: +1 (312) 609 5005
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Chicago
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Chad A. Schiefelbein is a Shareholder at Vedder Price and a member of the Litigation practice area. He has broad experience in a wide variety of litigation matters including financial institution litigation, lending discrimination and liability, subprime mortgages, fair debt collection practices, commercial disputes, director and officer liability, fiduciary duty, unfair competition, restrictive covenant enforcement and defense, trade secret protection and theft, shareholder actions, intellectual property litigation, products liability and distributor and franchise disputes. Mr. Schiefelbein appears in US federal and state courts on behalf of clients at both the trial and appellate levels. Mr. Schiefelbein has argued appeals in the Seventh and Third Circuit Courts of Appeal and successfully opposed a Petition for Certiorari to the United States Supreme Court. He has prosecuted and defended numerous temporary restraining orders, preliminary injunctions and evidentiary hearings.
Mr. Schiefelbein also has experience representing clients in private negotiations, mediations and arbitrations. He is often called upon to provide prelitigation advice to clients to help avoid litigation or mitigate the risks of litigation to achieve the client’s goals.
Mr. Schiefelbein currently serves on the firm’s Associate Evaluation Committee and is a past member of its Nominating Committee for the Board of Directors.
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obtained summary judgment in a putative class action accusing a national bank of discriminatory lending practices.
defeated a multimillion-dollar claim for breach of a demand note and fraud against a national bank on a motion to dismiss, obtained an affirmance of the decision at the appellate level and successfully opposed the plaintiff’s Petition for Certiorari to the United States Supreme Court.
obtained dismissals of fraud and consumer fraud actions brought by borrowers against a mortgage lender.
defeated a multimillion-dollar claim for fraud, consumer fraud and conspiracy against a bank director on a motion to dismiss.
obtained dismissal of a putative class action against a mortgage lender for alleged TILA and RESPA violations.
defeated a multimillion-dollar claim for specific performance of a shareholder subscription agreement on a motion to dismiss.
successfully prosecuted a restrictive covenant, breach of fiduciary duty and theft of trade secrets claim against a group of former employees, which resulted in a large and favorable settlement for the client including the dismissal of the plaintiffs’ counterclaims.
obtained an order vacating an ex parte temporary restraining order entered against two clients and successfully defended the decision on an expedited appeal.
- defeated a $45-million claim for unjust enrichment and promissory estoppel in a dispute brought against a client by a large Japanese manufacturer of diesel engines.
Recently Reported Decisions
Allen ex rel. Martin v. LaSalle Bank, N.A. , 629 F.3d 364 (3d Cir. ), petition for cert. filed, 79 U.S.L.W. 3674 (US May 12, 2011) (No. 10-1417, 10A970).
Reger Development, LLC v. National City Bank , 2009 WL 1233898 (N.D. Ill.), aff'd , 592 F.3d 759 (7th Cir.), cert. denied, 130 S.Ct. 3507 (2010).
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- J.D., magna cum laude, Valparaiso University School of Law, 1996
- B.S. (Marketing), Valparaiso University School of Business, 1992
- Illinois, 1996
- US District Court, Northern District of Illinois, 1996
- US Court of Appeals, Seventh Circuit, 1998
- US Court of Appeals, Third Circuit, 2001
- US District Court, Central District of Illinois, 2002
- US District Court, Eastern District of Michigan, 2006
- US Court of Appeals, Sixth Circuit, 2008
- US Supreme Court, 2010
- Member, American Bar Association
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