Neil B. Posner

Neil B. Posner

Neil B. Posner
Principal
Phone: 312.521.2623 vCard
Fax: 312.521.2523
nposner@muchshelist.com

PRACTICE GROUPS

AT WORK

Neil B. Posner, Chair of the firm's Policyholders' Insurance Coverage group, focuses his legal practice in the area of insurance coverage, with specific emphasis on insurance recovery and dispute resolution, risk management, loss prevention and cost containment. Neil's clients include a range of public and private companies, organizations, boards of directors, individual officers and other policyholders.

Neil assists clients in analyzing, negotiating and enhancing a wide range of insurance policies and plans, including directors' and officers' liability, errors and omissions, employment practices liability and fiduciary liability. He also has significant experience in insurance coverage issues related to e-commerce, intellectual property and construction matters.

In addition to counseling clients with regard to ongoing and future insurance requirements, Neil helps policyholders resolve all types of insurance coverage disputes, through negotiation, litigation and other forms of dispute resolution, including mediation, arbitration and settlement.

He has successfully obtained insurance coverage for defendants involved in a variety of class actions and other complex lawsuits. For example, when the former CEO of a bankrupt Chicago-area public company was named in a shareholder class action brought by the bankruptcy estate—alleging securities fraud and breach of fiduciary duty, and seeking to recover damage claims totaling nearly $400 million—Neil helped his client obtain effective insurance coverage.

IN THE PROFESSION

Neil is a member of the American Bar Association, serving on the Insurance Coverage Litigation Committee of the Section of Litigation and as co-chair of the Committee's Ethics and Professionalism Subcommittee, and is a member of the ABA's Business Law Section. He has also taught insurance law at Chicago-Kent College of Law.

As a regular speaker at industry and legal seminars around the country—and author of articles and educational materials for dozens of conference training sessions—Neil has given presentations on issues as diverse as securities litigation, directors' and officers' insurance, change-of-control situations, errors and omissions insurance, non-traditional insurance options, cyberliability, the Sarbanes-Oxley Act, negotiating policy provisions and considerations, maximizing insurance coverage, recovering e-commerce and Internet claims, and directors' and officers' liability in consumer class action matters.

While in law school, Neil earned awards for achieving highest grades in Legal Writing and Research, Federal Income Taxation of Corporations and Shareholders, and Business Bankruptcy. He also served as Lead Articles Editor for the Marquette Law Review.

In 2006, Neil was designated an Illinois Super Lawyer, an honor given to the top 5% of attorneys in the state. He has also been recognized by the Leading Lawyers Network as a top Illinois lawyer in the area of insurance, insurance coverage and reinsurance law (2007-2011).

IN THE COMMUNITY

Neil is on the Board of Directors of HIAS, Inc. (Hebrew Immigrant Aid Society) and JVS (Jewish Vocational Services) Chicago.

BACKGROUND

Marquette University Law School
J.D., magna cum laude, 1996

University of California, Los Angeles
Accounting Program, 1991

New York University
B.A., 1971

Neil is admitted to practice in Illinois and Wisconsin.