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Steven A. Levy

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Steve Levy is a principal in the firm's Litigation Group. Mr. Levy's practice focuses on complex litigation, including the representation of banks and other commercial lenders, defense of consumer class actions, and general commercial litigation. Mr. Levy is admitted to practice in the Illinois State Courts; in the United States Supreme Court; in the United States Court of Appeals, Fourth, Seventh and Ninth Circuits; in the U.S. District Court, Northern District of Illinois, including the Trial Bar; and in the U.S. District Court, Central District of Illinois. Mr. Levy has a national litigation practice, having litigated in courts throughout the country.  Mr. Levy has the highest AV Preeminent rating from Martindale-Hubbell and has been recognized in Chambers USA. Mr. Levy received his law degree, magna cum laude, from the University of Illinois in 1988 and was a member of the Order of Coif.  He received his B.S., cum laude, from Miami University in 1985.

Mr. Levy has tried cases involving commercial lease disputes, insurance broker malpractice claims, insurance coverage disputes, employment and restrictive covenant disputes, replevin issues, standard commercial breach of contract cases, and cases arising out of commercial bankruptcies, such as trials in which Goldberg Kohn's lender-client objected to the proposed use of the lender's cash collateral or sought the appointment of a receiver, or trials to determine whether an involuntary bankruptcy case was properly commenced by a lender.  In 2014, Mr. Levy was named a Fellow of the Litigation Counsel of America.  The LCA is a trial lawyer honorary society composed of less than one-half of one percent of American lawyers.  Fellowship in the LCA is highly selective and by invitation only.  Fellows are selected based upon excellence and accomplishments in litigation, both at the trial and appellate levels, and superior ethical reputation.

Representative Matters

  • Successfully trying a case in which Mr. Levy's bank-client proved that an involuntary bankruptcy case was properly commenced.
  • Representing financial institutions in all manner of litigation, including high profile cases in which Mr. Levy's bank-clients were alleged to be responsible for fraudulent schemes engaged in by the bank's customers.
  • Representing banks in connection with claims of discriminatory lending and/or claims of lender liability.
  • Mr. Levy has successfully prosecuted dozens of complex commercial foreclosure actions for his clients, including foreclosures of commercial properties ranging from office buildings, condominium buildings, apartment buildings, hotels, student housing, residential developments, golf courses and other recreational properties, industrial and manufacturing facilities, cold storage facilities, shopping centers and other retail properties.  These cases often prompt lender liability counterclaims that are defended in the course of the foreclosure.
  • Defending dozens of consumer class actions, including class actions asserting violations of the Fair Debt Collection Practices Act and violations arising out of banking and mortgage lending activities.  In several of these actions, the courts denied class certification, and the cases were promptly settled for nominal amounts.
  • Defending a finance company alleged to have controlled or aided and abetted its borrower in selling in excess of $100 million of subordinated notes in violation of the securities laws.
  • Representing a brokerage in a case that went to trial in which Mr. Levy's client asserted that the brokerage's former employee was engaged in violation of the former employees' non-solicitation and confidentiality obligations.
  • Defending a finance company at the District Court and Appellate Court levels on a case of first impression interpreting the Illinois Credit Agreements Act.
  • Defending an underwriter of municipal bonds against a $32 million securities fraud claim brought by the buyer of the bonds.
  • Successfully defending a publicly-traded company against claims of securities fraud and antitrust violations allegedly committed in connection with the client’s purchase of a closely held corporation, in which the plaintiffs sought in excess of $30 million.  The court dismissed the plaintiffs' securities and antitrust claims with prejudice.
  • Obtaining a judgment after trial on behalf of the purchaser of an insurance policy, against the broker who procured the policy, on the grounds that the policy was defective.
Chicago Office
55 East Monroe Street
Suite 3300
Chicago, Illinois 60603-5792

Practice areas

Industry Focus


  • University of Illinois, J.D., magna cum laude, 1988
  • Miami University, B.S., cum laude, 1985

Bar Admissions

  • Illinois
  • United States Supreme Court
  • United States Court of Appeals for the Fourth, Seventh and Ninth Circuits
  • United States District Court for the Northern District of Illinois, including the Trial Bar
  • United States District Court for the Central District of Illinois

Attorneys At Law

55 East Monroe Street
Suite 3300
Chicago, Illinois 60603-5792
Tel: 312.201.4000
Fax: 312.332.2196


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