Vedder Price

Michael Leifman

Associate

222 North LaSalle Street Chicago, Illinois 60601

+1 (312) 609 7788

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Michael Leifman

Associate

Michael Leifman is an Associate in Vedder Price’s Chicago office and a member of the firm’s Insolvency, Bankruptcy & Corporate Reorganization group.

Mr. Leifman focuses his legal practice on representing clients in bankruptcy proceedings, commercial foreclosure actions and distressed loan workout matters, as well as in related state and federal court litigation and arbitrations. Mr. Leifman also frequently advises lenders, lessors and debt buyers on asset sales, loan modifications, leasing disputes, breach of contract and replevin litigation, Uniform Commercial Code issues, and collection and liquidation actions.

Mr. Leifman graduated from DePaul University College of Law where he received the CALI Excellence for the Future Award for the Legal Professions course. He received his undergraduate degree from Indiana University.

Michael Leifman

Associate

Education

  • DePaul University College of Law, J.D., 2016
  • Indiana University, B.S., 2013

Michael Leifman

Associate

Bar Admissions

  • Illinois, 2016

Court Admissions

  • U.S. District Court, Northern District of Illinois, 2016
  • U.S. Bankruptcy Court, Northern District of Illinois, 2016

Michael Leifman

Associate

Experience

  • Represents the Chapter 7 Trustee in the bankruptcy of Central Grocers, once the seventh largest food cooperative in the country.
  • Represents court-appointed receiver of nationally branded hotel and related real estate.
  • Obtained preliminary injunction restricting the use of more than 60 commercial vehicles pledged as collateral for loan.
  • Obtained pre-trial dismissal of substantial fraud-based lender liability claims.
  • Obtained millions of dollars of summary judgments in favor of lenders against obligors under promissory notes and related guaranties.
  • Obtained court approval of numerous commercial real estate foreclosure sales on behalf of lenders/mortgagees.
  • Negotiated and executed several loan workouts, modifications and collateral sales for banks and debt buyers.