Reid Collins Successfully Resolves Partnership Dispute Involving Emerald Lake Capital Management Following Two-Week Arbitration

Reid Collins represented Carling O’Brien, a former partner and co-founder of Emerald Lake Capital Management, in an arbitration proceeding against Emerald Lake, Dan Lukas, and others. O’Brien alleged that Lukas improperly terminated her for cause in a bad-faith scheme to confiscate her valuable partnership stake and carried interest grants. The Reid Collins team, led by Managing Partner Lisa Tsai and Ryan Goldstein, tried the case in a two-week arbitration hearing in Los Angeles in August and September 2023.  After the three-judge panel issued an Interim Award in March 2024, the parties successfully settled their dispute on confidential terms in May 2024.

See complaint here.

See WSJ story here.

Prior results do not guarantee a similar outcome.