Leo & Weber, P.C.
1 N. LaSalle Suite 3600
Chicago, Illinois 60602
Phone: 312.857.0910
Fax: 312.857.1240
Email the firm

Leo & Weber, P.C.
20 W. Michigan
New Buffalo, MI 49117
Phone: 269.469.1355
Fax: 269.469.2316
Email the firm

T. Scott Leo

Email MeT. Scott Leo

Member
Location:
Chicago, Illinois
Phone:
312-857-0910
Fax:
312-857-1240
Email:

T. Scott Leo received his Juris Doctor from Washington University School of Law in St. Louis, Missouri, in 1980, and is a graduate of the University of Illinois, Champaign.  He established the law firm of Leo and Weber, along with his business partner and colleague Michael Weber, in 1998.

Mr. Leo represented three sureties in the Enron-related litigation in JPMorgan Chase Bank v. Liberty Mutual Insurance Co., et al. in the United States District Court for the Southern District of New York, one of the largest surety cases in history.

Mr. Leo represents sureties in structuring credit transactions in Chapter 11 proceedings and outside of bankruptcy. He represented sureties in the Kmart, Adelphia, National Steel, and Enron Chapter 11 proceedings. 

As an active lecturer and scholar in the area of fidelity and suretyship, T. Scott Leo has helped define business and commercial law for the entire industry. He has also served as an adviser to the Restatement of the Law Third, Suretyship & Guaranty (1996). He is a member of the American Bar Association, Tort and Insurance Practice Section, and was Chair of the Fidelity and Surety Law Committee from 2002-2003.

Bar Admissions

  • Illinois, 1980
  • Wisconsin, 2012
  • U.S. District Court Northern District of Illinois, 1980
  • U.S. District Court Central District of Illinois, 1992
  • U.S. District Court Eastern District of Wisconsin, 1998
  • U.S. District Court Southern District of Illinois, 2007
  • U.S. Court of Appeals 7th Circuit, 1991

Education

  • Washington University School of Law, St Louis, Missouri
    • J.D. - 1980
  • University of Illinois
    • B.A. - 1976

Published Works

  • The Restatement of Suretyship and Guaranty: A Translation for the Practitioner (Co-Editor), ABA, 2005
  • A Guide for the Fidelity Insurer to the Bankruptcy Maze, XI Fid. L. J. 1, 2005
  • Bankruptcy Considerations and Bond Defaults, Bond Default Manual II, Clore ed., 1995
  • Surety's Right to Salvage, Handling Fidelity, Surety and Financial Risk Claims (Co-Author), Cushman, Blick & Meeker ed, 1990
  • The Financing Surety and The Chapter 11 Principal, XXVI Tort & Ins. L.J. 7, 1990
  • Application of Statutes of Limitation Governing Construction Activity to Construction Bond Sureties, 10 The Construction Lawyer 1, January, 1990
  • Completion By the Surety: Assessing the Risk and Limiting the Loss (Co-Author), Bond Default Manual, 1987
  • Subrogation Rights of Surety on a Fidelity Bond Against the Officers and Directors of the Insured (Co-Author), XVII The Forum 2, Summer, 1983
  • Bankruptcy Issues and Construction Projects: A Roadmap Through Hell, What to Do When Construction Projects Go Bad, SOICA/Lorman, 2006

Classes/Seminars

  • Speaker, Bankruptcy Considerations and Bond Defaults, American Bar Association, Tort Trial & Insurance Practice, Baltimore, Maryland, November 1, 2005
  • Speaker, A Guide for the Fidelity Insurer to the Bankruptcy Maze, The Fidelity Law Association, 2005 Annual Meeting, October 1, 2005
  • Speaker, Managing the Contract Bond Default, American Bar Association, Tort Trial & Insurance Practice, San Antonio, Texas, May 1, 2005
  • Speaker, Builders, Construction Contractors & Developers in Bankruptcy, American Bar Association, Tort Trial & Insurance Practice, 2008
  • Speaker, Bankruptcy Issues and Construction Projects: A Roadmap Through Hell, SOICA/Lorman Seminar, What to Do When Construction Projects Go Bad, September 15, 2006
  • Speaker, Bankruptcy Issues and Construction Projects: A Roadmap Through Hell, SOICA/Lorman Seminar, What to Do When Construction Projects Go Bad, May 17, 2007
  • Speaker, Bankruptcy Issues and Construction Projects: A Roadmap Through Hell, SOICA/Lorman Seminar, What to Do When Construction Projects Go Bad, September 18, 2007

Professional Associations and Memberships

  • American Law Institute, Restatement of the Law Third, Suretyship & Guaranty, Adviser, 1996
  • Fidelity and Surety Law Committee, Chair, 2002 - 2003
  • Society of Illinois Construction, Attorneys
  • American Bar Association, Tort Trial & Insurance Practice Section, Annual Mid-Winter Meeting, New York, Program Chair, 2005
  • Communications Division of the Fidelity & Surety Law Committee, Chair, 1998 - 2002

Leo & Weber, P.C.
1 N. LaSalle Suite 3600
Chicago, Illinois 60602
Phone: 312.857.0910
Fax: 312.857.1240

Leo & Weber, P.C.
20 W. Michigan
New Buffalo, MI 49117
Phone: 269.469.1355
Fax: 269.469.2316