Education

  • University of Illinois College of Law, Champaign, Illinois, J.D., cum laude, 2000
  • University of Illinois, B.A., Speech Communications, with distinction, 1997

Bar Admissions

  • Illinois, 2000
  • Florida, 2003
  • U.S. District Court Northern District of Illinois, 2000
  • U.S. District Court Northern District of Indiana, 2007
  • U.S. District Court Southern District of Florida, 2003
  • U.S. District Court Northern District of Florida, 2003

Professional Associations

  • Chicago Bar Association
  • American Bankruptcy Institute
    Member, Central States Bankruptcy Workshop Advisory Board
  • Bankruptcy Court Liaison Committee, Northern District of Illinois
    Past Member and Co-Chair, 2012-2014
  • Volunteer Attorney Panel, U.S. Bankruptcy Court for Northern District of Illinois
Steven B. Chaiken's Profile Image

Steven B. Chaiken

Office: 312-435-1050
Fax: 312-435-1059

Steve Chaiken joined Adelman & Gettleman in January 2007 and became a partner in January 2013. Steve focuses his practice in assisting financially distressed companies and business owners resolving their financial issues. Whether through settlements, out-of-court workouts or formal insolvency proceedings (including assignments for the benefit of creditors or Chapter 7 and 11 bankruptcy cases), based on his now more than 20 years’ experience of practicing law, Steve is able to work with his clients, quickly understand their goals, and develop a strategy aimed at effectuating practical and cost-efficient solutions.

Prior to joining the Firm, Steve served as the general counsel for a telecommunications company in South Florida with annual revenues exceeding $150 million. He successfully assisted the company through a lengthy Chapter 11 which resulted in a confirmed plan of reorganization.

Since joining Adelman & Gettleman, Steve has handled a wide range of matters and represented a variety of different clients, including individual debtors in Chapter 7 bankruptcy cases and a complex individual Chapter 11 bankruptcy case, several corporate debtors in both Chapter 7 and Chapter 11 bankruptcy cases, numerous individual and corporate clients in out-of-court workouts, assignees in assignments for the benefit of creditors, and receivers in state court proceedings.

Among other honors, Steve has been named a "Leading Lawyer" by Leading Lawyers every year since 2018 and is recognized as a “Super Lawyer” by the Illinois Super Lawyers publication. He maintains a Martindale-Hubbell peer review rating of "AV Preeminent," which is the highest rating for professional excellence. In addition, he received a client distinction award from Martindale-Hubbell. Steve is also a member of the American Bankruptcy Institute's Central States Workshop Advisory Board (2019-2021).

Steve resides in Glenview, with his wife, two young children, their labradoodle, Shaggy, and mini golden doodle, Daphne.

Honors & Awards

  • Leading Lawyer, Leading Lawyers, 2018 - present
  • Emerging Lawyer, Leading Lawyers, 2015-2017
  • Illinois Super Lawyers Super Lawyer, 2020
  • Illinois Super Lawyers Rising Stars, 2010-2015
  • Martindale-Hubbell Peer Review Rating – AV Preeminent
  • Martindale-Hubbell Client Distinction Award
  • Selected in June 2012 to serve a two-year term as a member of the Bankruptcy Court Liaison Committee; served as Co-Chair of Committee

Education

  • University of Illinois College of Law, Champaign, Illinois, J.D., cum laude, 2000
  • University of Illinois, B.A., Speech Communications, with distinction, 1997

Bar Admissions

  • Illinois, 2000
  • Florida, 2003
  • U.S. District Court Northern District of Illinois, 2000
  • U.S. District Court Northern District of Indiana, 2007
  • U.S. District Court Southern District of Florida, 2003
  • U.S. District Court Northern District of Florida, 2003

Professional Associations

  • Chicago Bar Association
  • American Bankruptcy Institute
    Member, Central States Bankruptcy Workshop Advisory Board
  • Bankruptcy Court Liaison Committee, Northern District of Illinois
    Past Member and Co-Chair, 2012-2014
  • Volunteer Attorney Panel, U.S. Bankruptcy Court for Northern District of Illinois