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Reid Collins & Tsai LLP Announces Addition Of New Partners And Opening Of Dallas Office

On August 26, 2013, Reid Collins & Tsai LLP announced that Dallas trial lawyers Eric D. Madden and J. Benjamin King have joined the firm as partners. Mr. Madden and Mr. King will launch the firm’s new Dallas office, located in Thanksgiving Tower.

Previously partners at Diamond McCarthy LLP, Mr. Madden and Mr. King focus their practices on high-stakes bankruptcy-related litigation, including director-and-officer liability, auditor malpractice, other professional liability, and fraudulent transfers. Both also handle other general commercial litigation matters. They join Reid Collins & Tsai’s experienced team of trial attorneys handling national and international litigation matters.

“Ben and Eric have handled some of the most prominent litigations arising out of major bankruptcies in the country. They are go-to, zealous litigators, and we are extremely happy that they have decided to join our firm and open our new office,” said Bill Reid, a founding partner of Reid Collins & Tsai.

Mr. Madden has recently represented the post-confirmation trustee of Seahawk Drilling, Inc., a former publicly traded company that had a market capitalization of $220 million, but was destroyed as a result of the worst environmental disaster in U.S. history-namely the Deepwater Horizon explosion and oil spill in the Gulf of Mexico in April 2010. He is pursuing Seahawk’s claims, seeking $175 million in damages from BP, in the multi-district litigation pending in New Orleans. Mr. Madden also represented the post-confirmation trustee of LJM2 Co-Investment LP, the Enron-affiliated partnership that Andy Fastow used to conceal hundreds of millions of dollars in losses from Enron’s investors. He successfully resolved claims against LJM2’s former counsel, accountants, and investment bankers.

Mr. Madden graduated from the University of Kansas, after serving as the Editor-in-Chief of the law review and earning membership in the Order of the Coif. He then practiced in the Dallas offices of Carrington Coleman Sloman & Blumenthal LLP and Diamond McCarthy LLP.

Mr. King recently has represented the bankruptcy trustee of Dreier LLP in bringing hundreds of millions of dollars in fraudulent transfer claims against Ponzi scheme participants, and he has represented the trustee of defunct law firm Howrey LLP in bringing unfinished business and overpayment claims against the firm’s former partners. He also represented the Caymanian liquidators of three entities destroyed by the collapse of Italian dairy giant, Parmalat S.p.A., in bringing claims against the former companies’ bankers and auditors.

Mr. King graduated first in his class from Cornell Law School and then clerked for the Honorable Allan E. Norris of the United States Court of Appeals for the Sixth Circuit. After his clerkship, he worked for Arnold & Porter LLP in Washington, DC.

“Reid Collins & Tsai is packed with aggressive, tough litigators. It is incredible what the firm has been able to accomplish in the bankruptcy litigation space, and I am thrilled to be joining,” said Mr. Madden.

“I’ve worked extensively with several Reid Collins & Tsai attorneys on prior cases, and I’m excited to be joining forces with them again,” added Mr. King.

Reid Collins & Tsai is a boutique trial firm that practices complex litigation nationally and internationally. Its trial attorneys include a team of former federal prosecutors, judicial law clerks, and forensic accountants who aggressively and efficiently maximize recoveries and resolve complicated disputes for clients both in and out of the courtroom. The firm’s practice spans a wide range of complex commercial litigation, including financial fraud matters, Ponzi scheme-related cases, international money laundering matters, cross-border disputes, and professional liability matters. The firm represents trustees, liquidators, foreign governments, international banks, hedge funds, and companies from the U.S. and abroad in federal and state courts across the country.

Prior results do not guarantee a similar outcome