Ein Mann in einem dunklen Nadelstreifenanzug, einem hellen Hemd und einer gelben Krawatte lächelt in einer Anwaltskanzlei in die Kamera, mit einem unscharfen Hintergrund, der typisch für Top-Anwälte in Chicago ist.

Max B. Chester

Partner

Max B. Chester focuses his practice on litigation and arbitration of domestic and international commercial business disputes and government enforcement actions, primarily in the areas of insurance and reinsurance, financial fraud, antitrust and FCPA. He is a partner in the firm’s Insurance and Reinsurance Litigation Practice Group and the International Arbitration Team.

Max has participated in over 10 trials and final evidentiary arbitration hearings to date. As a junior associate, Max was a member of a trial team that represented a New York-based insurer in three separate arbitrations against U.S. and European reinsurers. The arbitration hearings lasted several weeks in each case, and he assisted in all aspects of the hearings and conducted direct examinations of several witnesses. In 2006, Max was a member of a jury trial team in Seattle, King County (Washington) Superior Court, representing a large Swiss pharmaceutical company against its former head of research and development who failed to disclose an invention. The matter settled favorably two weeks into trial. He conducted a one-day bench trial as a senior associate in the Immigration Court in Chicago, representing an Iranian refugee seeking political asylum in the U.S. The court ruled in the client’s favor. In 2010, Max was second chair in a jury trial in federal court in Green Bay. This was a test case brought by a credit union against the IRS, arguing income derived from sale of various financial and insurance products was not subject to income taxes. The jury returned a verdict in client’s favor. Max was also second chair in a week-long reinsurance arbitration defending a European reinsurer against claims for indemnity under a finite treaty, and the panel ultimately ruled in client’s favor. As a partner, Max was co-lead counsel in a multi-day bench trial in Washburn County (Wisconsin) Circuit Court for several subsidiaries of a holding company, whose creditor argued the debt belonged to the holding company, making the subsidiaries insolvent. The court ruled in client’s favor. Max was co-lead counsel in a multi-week reinsurance arbitration on behalf of a state entity that insured birth-related injuries and sought tens of millions from its reinsurer pursuant to a mandatory commutation provision in the treaty; in the end, the arbitration panel awarded the client a substantial sum. Max was also co-lead counsel in a week­long reinsurance arbitration, representing a U.S. seller of insurance business that sought to recover excise taxes from the foreign buyer of the business, and the panel ruled against the client. Max’s latest trial was a multi-day arbitration hearing where he again served as co-lead counsel, representing a retrocedent that sought indemnity from its retrocessionaire for Covid-19 related business interruption losses. The arbitrator ruled in client’s favor.

Repräsentative Erfahrung

  • Representation of Florida distributor of generic drugs in defense of over 30 purported class and direct antitrust actions commenced by the State Attorneys General for 48 states and private plaintiffs, consolidated in an MDL in the Eastern District of Pennsylvania that allege price-fixing and market allocation of over 100 generic drugs.
  • FCPA compliance review for a Fortune 50 oil & gas company in Russia and Kazakhstan.
  • FCPA counseling of U.S. entities establishing operations in Russia and Ukraine.
  • Representation of a Ukrainian pharmaceuticals company in litigation in California state and federal courts against the company’s former U.S.-based financial agent.
  • Representation of a Bolivian insurance company in Florida state court to recover damages from payments made under insurance bonds for a US$78m construction of a hydroelectric dam in Bolivia.
  • Representation of several private equity buyers in post-acquisition disputes against sellers of various businesses, with claims of fraud, breach of representations, and net working capital adjustments ranging from $50 million to $300 million. Parallel proceedings involved claims for coverage against R&W insurers.
  • Representation of a publicly traded company in the SEC’s investigation and related securities class actions regarding the company’s ownership of an entity that specialized in investment in and securitization of credit sensitive residential mortgage assets.
  • Internal investigations for privately held and publicly traded clients.

Zugehörigkeiten

  • Mitglied der State Bar of Wisconsin

Pro Bono

Max is very active in pro bono matters. He regularly provides answers to legal questions posed by low-income individuals through the American Bar Association (ABA) site, www.ABAFreeLegalAnswers.org. The ABA has recognized Max as the ABA Free Legal Answers 2021, 2023, and 2024 Pro Bono Leader for his extraordinary pro bono services through the ABA Free Legal Answers website. Max also volunteers regularly in the Milwaukee Justice Center.  Max also represented an elderly Holocaust survivor in a claims proceeding before the Conference on Jewish Material Claims Against Germany.

Sprachen

  • Russian (native speaker)
  • Ukrainian (fluent)
26. August 2025 Foley Aussichtspunkte

Ob die Parteien ein Schiedsverfahren vereinbart haben, ist eine Frage der Zuständigkeit und muss von einem US-Gericht im Rahmen eines Anerkennungsverfahrens unabhängig geprüft werden

In einem Präzedenzfall, der sich auf zahlreiche Anerkennungsverfahren in den USA auswirken wird, hat der United States Court of Appeals for the...
Die Marmorfassade eines Gerichtsgebäudes, in dem eine führende Anwaltskanzlei untergebracht ist, zeigt Skulpturen von Figuren, unter denen die Aufschrift "EQUAL JUSTICE UNDER LAW" eingraviert ist.
10. Juni 2025 Foley Aussichtspunkte

Oberster Gerichtshof lehnt Erfordernis von Mindestkontakten ab, um ausländische Staaten gemäß FSIA in den USA zu verklagen

Am 5. Juni 2025 entschied der Oberste Gerichtshof der Vereinigten Staaten in einer einstimmigen Entscheidung, die von Richter Alito verfasst wurde, dass der Foreign Sovereign Immunities Act von 1976 (FSIA), 28 U.S.C. §§ 1330, 1602 et seq., von einem Kläger nicht verlangt, dass er nachweist, dass ein ausländischer Staat "Mindestkontakte" mit den Vereinigten Staaten hat, die ausreichen, um den in International Shoe Co. v. Washington, 326 U.S. 310, 316 (1945), dargelegten Test der persönlichen Zuständigkeit zu erfüllen.
May 21, 2025 Foley Viewpoints

Der zweite Gerichtsbezirk entscheidet, dass die New Yorker Konvention selbstwirksam ist und nicht durch den McCarran-Ferguson-Act außer Kraft gesetzt wird.

Am 8. Mai 2025 entschied das Berufungsgericht der Vereinigten Staaten für den zweiten Gerichtsbezirk in der Rechtssache Certain Underwriters at Lloyd’s, London gegen 3131 Veterans...
Reihe von Steinsäulen mit detaillierten Sockeln und Schäften, die einen Säulengang in klassischem Baustil bilden, häufig zu sehen an Anwaltskanzleien oder Gerichtsgebäuden, die Anwälte in Chicago bei Rechtsstreitigkeiten unterstützen.
November 1, 2023 Foley Viewpoints

S.D.N.Y. Finds Arbitration Clause in Insurance Contract Unenforceable, Following Second Circuit Precedent that the McCarran-Ferguson Act Preempts the New York Convention

Two recent decisions from the United States District Court for the Southern District of New York highlight the split among circuits on whether state insurance laws that prohibit arbitration of insurance and reinsurance disputes are preempted by the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
An American flag flies in front of the U.S. Capitol building, showing white columns, arched windows, and architectural details against a clear blue sky—an inspiring sight for Chicago lawyers practicing near law offices in the nation’s capital.
June 23, 2023 Foley Viewpoints

Foreign Holders of Arbitral Awards May Add a RICO Claim to Their Enforcement Arsenal

On June 22, 2023, in a 6–3 decision authored by Justice Sotomayor, the United States Supreme Court held that a foreign national-holder of a foreign arbitration award, which was recognized in the United States, can assert a RICO claim in the United States against the judgment debtor who was accused of impairing enforcement of the judgment by alleged racketeering activity that largely occurred in or was directed from and targeted a U.S. state.
Reihe von Steinsäulen mit detaillierten Sockeln und Schäften, die einen Säulengang in klassischem Baustil bilden, häufig zu sehen an Anwaltskanzleien oder Gerichtsgebäuden, die Anwälte in Chicago bei Rechtsstreitigkeiten unterstützen.
May 24, 2023 Foley Viewpoints

10. Circ. hebt Ermessensspielraum US-Gericht bei Schiedssprüchen hervor

In der Rechtssache Compañía de Inversiones Mercantiles SA gegen Grupo Cementos de Chihuahua SAB de CV hat ein Richtergremium des US-Berufungsgerichts für den zehnten Gerichtsbezirk kürzlich in einer 2:1-Entscheidung festgestellt, dass das US-Bezirksgericht für den Bezirk Colorado seine Ermessensbefugnis nicht missbraucht habe, als es einen Antrag auf Wiederaufnahme des Verfahrens gemäß Federal Rule of Civil Procedure 60(b)(1) abgelehnt habe. Berufungsgericht für den zehnten Gerichtsbezirk kürzlich in einer 2:1-Entscheidung, dass das US-Bezirksgericht für den Bezirk Colorado seine Ermessensfreiheit nicht missbraucht habe, als es einen Antrag gemäß Federal Rule of Civil Procedure 60(b)(5) auf Aufhebung seiner vorherigen Bestätigung eines ausländischen Schiedsspruchs abgelehnt hatte, obwohl ein ausländisches Gericht in dem Land, in dem das Schiedsverfahren stattfand, den Schiedsspruch nach der ursprünglichen Anerkennung durch das Bezirksgericht für nichtig erklärt hatte.