News

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.

REID COLLINS AGAIN RECEIVES TOP COMMERCIAL LITIGATION RANKING FROM CHAMBERS USA

In its 2024 guide to leading law firms and lawyers, Chambers USA has once again recognized Reid Collins as one of the nation’s top trial boutiques, ranking the firm as Band 1 (Chambers’ highest ranking) for general commercial litigation in Texas. Reid Collins is known as a “preeminent litigation boutique respected for its impressive track record in trials. It regularly handles high-stakes disputes across the USA in addition to Texas. The team is a particularly strong choice to litigate complex fraud claims and bankruptcy-related litigation.”

Click here to view Chambers’ full 2024 profile for Reid Collins.

CHAMBERS USA AGAIN RECOGNIZES REID, TSAI, & MADDEN AS TOP TEXAS LITIGATORS

In its 2024 guide to leading law firms and lawyers, Chambers USA has again recognized three Reid Collins partners as among the top commercial litigators in Texas and the nation: William T. Reid, IV; Lisa S. Tsai; and Eric D. Madden.

Their Chambers profiles feature numerous highlights:

  • Reid is described as “an excellent lawyer…just outstanding…. He takes a reasoned approach…. has a good commercial sense and is a bulldog when you need him to be. He is very good at finding creative angles, meaning he and his team often catch defendants unaware.”
  • Tsai is praised for her “broad-based commercial litigation practice …. she advises clients on everything from shareholder disputes to professional liability claims and class actions…. Lisa is great. She is one of the lawyers you go to first.”
  • Madden is noted by clients as being “talented, smart and thorough…. a good trial strategist and a good negotiator…. He is able to quickly assess the strengths and weaknesses of the case and advise accordingly. He is able to negotiate from a position of apparent strength and secure favorable settlements.”

Click here to view Chambers’ full 2024 profile of the firm and it’s leading lawyers.

Load More

Prior results do not guarantee a similar outcome.