Ted Banks concentrates his practice on compliance, antitrust, corporate transactions, and business issues, particularly in industries with consumer-facing products. He is a recognized leader in issues related to product distribution, and is the author of numerous publications in the area, including the leading treatise on the subject, Distribution Law: Antitrust Principles and Practice (published by Wolters Kluwer). He is a frequent speaker and writer on corporate compliance programs, and is the editor of the Corporate Legal Compliance Handbook (published by Wolters Kluwer).
Ted has successfully managed business and legal challenges over the course of his career, including at Kraft Foods, where he was Chief Counsel - Global Compliance after serving as Associate General Counsel with responsibility for antitrust, general litigation, corporate transactions, sales, legal computer applications and public policy coordination. While at Kraft, Ted negotiated more than 50 major corporate transactions, including a $19 billion acquisition and an $8 billion IPO. He has advised a 5,000-member corporate sales division on pricing, distribution, and marketing issues and has assisted many corporations, large and small, in developing corporate compliance programs, including formulation of risk assessment, policy creation and program development.
Ted has been appointed as a corporate compliance monitor by the Federal Trade Commission and Competition Bureau of Canada to oversee compliance programs of respondent companies. He has developed records management systems for global organizations, including the design of document management, electronic discovery and legal hold applications.
Ted has been recognized as an Illinois "Super Lawyer" in the field of corporate governance and compliance, is a "Leading Lawyer" in Antitrust and Publicly Held Corporation Law, and is "AV Preeminent" peer review rated by Martindale-Hubbell. Ted is an adjunct professor of law at Loyola University Law School, teaching corporate compliance. He was recognized by the National Law Journal as a "Compliance Trailblazer and Pioneer," and was awarded the Alumni Masters Award from the University of Denver.