Terri L. Ahrens

Associate Chicago
terri.ahrens dbr.com
Phone: (312) 569-1416
Fax: (312) 569-3416


Terri L. Ahrens represents clients in insurance and commercial disputes at the trial level in state and federal courts nationwide. In Terri’s insurance-related practice, she advises on and enforces the terms of her client’s insurance policies, long term care policies and annuities; defends insurers in bad faith litigation; advises life insurers on issues related to the secondary market for life insurance, foreign death claims, fraud and stranger-originated life insurance (STOLI). She also defends against related claims by disgruntled investors asserting claims of vicarious liability against carriers. Terri also represents insurers’ interest during transfer proceedings in cases involving structured settlements.

Terri represents software industry clients relating to implementation disputes, representing securities, futures, and financial services industries in contract disputes and customer raiding claims, distributor contract disputes, employment-related litigation, mortgage foreclosures, and project-siting disputes in the alternative energy sector. In addition, she has experience managing and advising on eDiscovery matters as well as in-depth knowledge of various eDiscovery review platforms.

In her experience with general commercial litigation, for several years Terri represented broker dealers in member-to-member disputes in emergency hearings throughout the United States as well as in arbitrations before NASD (n/k/a FINRA). Terri has also represented a Futures Commission Merchant in contract and customer disputes before the National Futures Association (NFA).


  • Obtained summary judgment on behalf of Protective Life in action claiming that the insured and policy owner had been defrauded in the sale of a 10-year level term policy and instead had purchased such policy with the expectation that such premiums would vanish upon expiration of the term. -- Morrison, et al. v. Protective Life Insurance Company, 1:10-cv-7894, D.E. # 79 (N.D. Ill. Sept. 21, 2012)
  • Obtained summary judgment on behalf of Protective Life in action regarding an alleged breach of contract and bad faith claim for insurer’s adjustment of the policy benefit due to misstatement of age by the insured. -- Palmares v. Protective Life Insurance Company, 1:11-cv-03281, D.E. # 32 (N.D. Ill. Nov. 27, 2012)
  • Obtained arbitration award from a 3-member NFA panel for $400,000 in contract damages and successfully defeated multimillion-dollar counterclaims. -- Penson GHCO v. Alaron Trading Corporation, NFA Case No. 09-Arb-109 (Jan. 10, 2012)
  • Obtained $2 million verdict, after a 4-day bench trial, on behalf of Trustee to the Estate of Sage Enterprises on his breach of contract action premised on Continental’s failure to pay Sage Enterprises for goods sold under a distributor agreement. -- Horace D. Fox, Chapter 7 Trustee to the Estate of Sage Enterprises, Inc. v. Continental Airlines, Inc., Adversary No. 04-04429, D.E. #215 (N.D. Ill. Bankr. Ct. Dec. 31, 2009)


Bar Admissions

  • Illinois
  • New York


  • University of Illinois College of Law, J.D., 2002, magna cum laude
  • Northwestern University, B.A., 1999, with departmental honors

Court Admissions

  • U.S. Court of Appeals, Seventh Circuit
  • U.S. Bankruptcy Court, Central District of Illinois
  • U.S. Bankruptcy Court, Northern District of Illinois
  • U.S. District Court, Central District of Illinois
  • U.S. District Court, Northern District of Illinois
  • U.S. District Court, Eastern District of New York
  • U.S. District Court, Southern District of New York


  • Center for Disability and Elder Law, Board Vice President