Attorney Philip E. Ruben

Philip Ruben has been in private practice for almost 30 years and concentrates his practice on corporate, transactional and securities matters, serving privately-held and public companies of all sizes.  Philip has substantial experience in representing software companies and in dealing with license agreements, intellectual property issues including infringement claims, and re-seller agreements for distribution.  Philip also has substantial experience in areas such as capital raising (in the form of either equity or leverage), financing and structuring of transactions relating to the acquisition, sale or other disposition of entities or their assets.  Philip counsels clients with respect to day-to-day business matters, governance and structuring, including succession and estate planning.

Professional Activities

Prior to founding the firm, Philip was a partner at Arnstein & Lehr in the Business Transactions Group, and prior to that a partner at Levenfeld & Pearlstein, LLC in Chicago, where he was a member of the Corporate Practice Group, the Restructuring and Insolvency Group and the Corporate and Finance Group.  Philip also sat on the Executive Committee and Promotions Committee for the firm.

Philip is also a Registered Certified Public Accountant with the State of Illinois.

Civic Activities

Philip served as President of the North Suburban YMCA in Northbrook, Illinois and recently saved the facility from foreclosure by restructuring loans, attracting new donors and members and reorganizing management.   He presently serves as an advisory director for the North Suburban YMCA, and also was an advisory director for the American Theatre Company in Chicago.

Representative Transactions

  • Represented a consulting company in numerous acquisitions relating to transactions in excess of $50 million.
  • Represented a software company in the sale of the business to a private equity firm.
  • Represented a private company in a joint venture with a county for federal and state funds to develop a fiber optic network for the county for both private and public use. Drafted the Irrevocable Right to Use (IRU) for transaction.
  • Represented a client in a stock sale to a NYSE company of a $50 million business with multiple U.S. and international offices. The transaction involved over 200 shareholders and complex escrow agreements in connection with ongoing litigation, employment agreements, leases of shareholder-owned property and an earn-out agreement.
  • Represented the equity committee of a bankrupt public company in connection with the formation of a liquidating trust to receive and dispose of publicly traded securities and other assets totaling approximately $12 million.
  • Represented a NYSE public company in the $100 million acquisition on another publicly traded scientific lab equipment company.
  • Represented numerous companies in public financings, each in excess of $100 million.
  • Represented a client in the acquisition of 65 patents or patents pending relating to the transfer of content for digital media devices through wireless technology and the sale of the assets of the business for approximately $12.5 million.


  • Chicago-Kent College of Law
    Illinois Institute of Technology

    (J.D., 1983)
  • University of Illinois
    (B.A., Accounting, 1980)

Bar Admissions

  • State of Illinois and U.S. Tax Court

Contact Information

Contact Information

2801 Lakeside Drive
Suite 207
Bannockburn, IL 60015
79 W Monroe Street (By appointment only.)
Suite 801
Chicago, IL 60603
office 847-582-9900
fax 847-582-9933

Media Inquiries

The attorneys at Ruben, Firsel & Ross are available to comment as experts on a wide variety of legal and business topics:
  • Real Estate Law
  • Corporate Law
  • Estate Planning and Asset Protection
  • Business Trends
To arrange an interview, contact:
Nancy Gerstein
Creative Marketing Associates, Inc.
(847) 401-0384