Mr. Greenwalt is actively involved in representing the Chicago Board Options Exchange, Incorporated in a variety of matters, including matters before the Delaware Chancery Court and the United States Securities & Exchange Commission related to the exchange's efforts to demutualize and convert to a stock corporation, see CME Group, Inc. v. Chicago Board Options, Exchange, Inc., 2009 WL 1547510 (Del. Ch. 2009), and a series of cases raising claims under the federal securities laws and antitrust statutes, see Last Atlantis Capital LLC. V. Chicago Board Options Exchange, Inc., 455 F. Supp. 2d 788 (N.D. Ill. 2006) and Cathedral Trading, LLC v. Chicago Board Options Exchange, 199 F. Supp. 2d 851 (N.D. Ill. 2002).
Mr. Greenwalt also has represented Michael Jordan in a variety of matters, including obtaining summary judgment in an action where a woman claimed that Mr. Jordan promised to pay her $5 million upon his retirement from basketball. Jordan v. Knafel, 880 N.E.2d 1061 (Ill. App. 1st Dist. 2007). In 2003, he successfully represented NiSource, Inc. and NESI Power Marketing, Inc. in a four month-long arbitration stemming from the 1998 collapse of the wholesale electric power markets and the subsequent bankruptcy of The Power Company of America.
Mr. Greenwalt's other successful representations include his representation of Eagle Industries, Inc. in an interpleader action involving breach of warranty claims arising from a corporate transaction and a dispute over the ownership of ERISA pension funds, State Street Bank and Trust Company v. Denman Tire Corp., 240 F.3d 83 (1st Cir. 2001), his representation of the Cash Store Management Inc. in a federal class action alleging violations of the Truth in Lending Act, Smith v. The Cash Store Mgmt., Inc., 195 F.3d 325 (7th Cir. 1999) and Smith v. The Cash Store Mgmt., Inc., No. 00-170 (7th Cir. 2000), and his representation of Anixter Inc. in a action involving claims for conversion, breach of fiduciary duty, and other business-related torts in connection with the termination of a joint venture, Cincinnati Bell, Inc. v. Anixter, Inc., 69 F. Supp. 2d 982 (S.D. Ohio 1999)).
He also has experience successfully representing a manufacturer in a toxic tort class action, a major broker-dealer in an action alleging breach of fiduciary duty and fraud in connection with a public customer's account and a major manufacturer in connection with a dispute involving power supply hedging transactions.
Mr. Greenwalt also served as Counsel to the Business Conduct Committee of The Chicago Board Options Exchange from 1996 to 2001. As counsel to the CBOE's Business Conduct Committee, Mr. Greenwalt presided at contested disciplinary hearings and issued the Committee's opinions following those hearings. See, e.g., In the Matter of William Murphy, CBOE File No. 96-0067 (Feb. 12, 1998), disciplinary action sustained In the Matter of the Application of William J. Murphy, Exchange Act Release No. 34-41804 (SEC Aug. 26, 1999). Mr. Greenwalt also has lectured on options trading ethics and regulatory practice before self-regulatory organizations.
Pro Bono Activities
Mr. Greenwalt is very active in Schiff Hardin's pro bono program and he successfully represented a claimant before the 9/11 Victims Compensation Fund and acted as cooperating counsel with the American Civil Liberties Union in a federal class action to obtain a Consent Decree designed to stop racial profiling by the police in the City of Highland Park, Illinois, Ledford v. City of Highland Park, 2000 WL 1053967 (N.D. Ill. 2000). In addition, he sits on the firm's Pro Bono Committee and chaired Schiff Hardin's pro bono Howard Area Legal Clinic from 1994 to 1997.
In 2008, Mr. Greenwalt successfully tried, pro bono, a state habeas corpus case in Georgia on behalf of a death row inmate. The habeas court ultimately granted Mr. Greenwalt's client a new trial, finding that the client's prior counsel had been constitutionally ineffective and that he is mentally retarded and therefore ineligible for the death penalty.
Awards and Honors
Chicago Volunteer Legal Services (CVLS) Distinguished Service Award
Illinois Super Lawyers — General Litigation