Texas

Firm overview

Reid Collins & Tsai LLP (Reid Collins) is a national trial boutique handling complex commercial litigation and bankruptcy-related litigation, particularly claims involving fiduciary liability, professional negligence, and financial fraud. Key clients include hedge funds, private equity funds, corporations, offshore liquidators, receivers, and bankruptcy trustees. Reid Collins has secured more than $2 billion in total judgments and settlements for its clients in the past several years alone.

Reid Collins is unique in several respects, including: (1) its extensive experience with high-profile cases involving large-scale financial fraud or insolvency; (2) its expertise in successfully pursuing claims against officers, directors, accountants, lawyers, and investment banks relating to the underlying fraud or misconduct; and (3) its willingness to pursue those claims on an alternative fee basis.

The firm has earned numerous professional recognitions for its achievements, including being named: 2024 U.S. Bankruptcy Firm of the Year by Benchmark Litigation; 2021 and 2022 U.S. Business Torts Law Firm of the Year (and 2023, 2024 and 2025 finalist) by The National Law Journal; the 2022 Texas Business Litigation Department of the Year (and 2024 & 2025 finalist) by Law.com/Texas Lawyer; a 2021 and 2024 finalist for National Boutique/Specialty Department of the Year by The American Lawyer; a 2019-2025 finalist for U.S. Plaintiff Firm of the Year by Benchmark Litigation; listed as a “Recommended Firm” in Chambers USA; the 2020 U.S. Bankruptcy and Commercial Litigation Law Firm of the Year by The National Law Journal, and both a “Top 10 Plaintiffs Firm in America” and one of the Top U.S. Boutique Firms by Benchmark Litigation, among numerous other accolades.

Complex Commercial Litigation

Reid Collins has achieved numerous victories in complex commercial litigation, including:

• Obtained one of the largest shareholder derivative settlements in history – a $300 million “direct pay” settlement in the Renren Derivative Litigation – in a case which also set important jurisdictional precedents establishing the right of aggrieved minority shareholders to derivative standing under Cayman law and holding foreign individual and corporate defendants accountable for wrongdoing and fraud in U.S. courts.
• Won multiple appeals and obtained judgment of more than $64 million for Claymore Holdings/Highland Capital against Credit Suisse following a five-week trial (and subsequent bench trial) on fraud and breach of contract claims related to a loan for the Lake Las Vegas resort.
• Recovered nearly $100 million for state pension fund clients resolving claims under the Fraud Against Taxpayers Acts of multiple states against large Wall Street banks related to financial crisis-era sale of residential mortgage-backed securities.

Bankruptcy-Related Litigation

Reid Collins has prevailed in many important bankruptcy-related litigation matters, including:

• Won a landmark decision before the U.S. Supreme Court, restricting the scope of the section 546(e) “safe harbor” defense to fraudulent transfer claims, thereby overturning long-standing interpretations of that defense by five circuit courts.
• Defeated a motion to dismiss a $1 billion lawsuit by the GTAT Litigation Trust against the former officers of GT Advanced Technologies Inc., a former publicly traded company, related to its failed contract with Apple to manufacture sapphire display screens for the iPhone.
• Achieved a $21.5 million settlement on behalf of the Official Committee of Unsecured Creditors of Fresh & Easy, LLC, with respect to claims against the former insiders – including billionaire Ronald Burkle – for breach of fiduciary duty and fraudulent transfer of certain assets.

Reid Collins has also become a national leader in the pursuit of legal malpractice claims. Over the past decade, the firm has pursued dozens of claims against more than 20 of the Am Law 100 firms, recovering hundreds of millions of dollars for its clients. While many of these claims arose out of financial frauds, the firm also has asserted claims against law firms for negligently documenting multimillion-dollar transactions, providing negligent tax advice, and failing to properly advise their corporate clients on securities laws or key government regulations.

Updated Oct 2025

Firm overview

King & Spalding helps leading companies advance complex business interests in more than 160 countries. Working across a highly integrated platform of more than 1,300 lawyers in 26 offices globally, we deliver tailored commercial solutions through world-class offerings and an uncompromising approach to quality and service.

Trial and Global Disputes: Our experienced disputes lawyers try and arbitrate high-stakes cases every year across the globe in the most challenging jurisdictions for corporate clients.  Recognized for creativity, meticulous preparation, and top-rate advocacy, our lawyers help clients navigate the litigation lifecycle, working together from day one to identify business objectives, develop a strategy to meet those objectives, and then execute that strategy.  With more than 450 lawyers in 17 offices worldwide, we are uniquely able to staff and manage large and cross-border disputes from filing, to trial, and through appeal.  Our lawyers have a variety of expertise across substantive areas, including Appellate Law, Class Action Defense, Commercial Litigation, Construction & Engineering Disputes, Corporate & Securities Litigation, E-Discovery, Insolvency Litigation, Insurance Coverage & Recovery, Intellectual Property, International Arbitration, Labor & Employment, Product Liability, Professional Liability, and Toxic & Environmental Torts.  Working together—one area of expertise informing another—our disputes lawyers provide clients with seamless and efficient representation in the most complex and sensitive matters.

Capabilities:

• Appellate, Constitutional and Administrative Law 
• Bankruptcy and Insolvency Litigation
• Class Action Defense
• Commercial Litigation
• Construction and Engineering Disputes
• Corporate and Securities Litigation
• E-Discovery
• Insurance Coverage and Recovery
• Intellectual Property, Patent, Trademark and Copyright Litigation
• International Arbitration and Litigation
• Labor and Employment
• Product Liability
• Professional Liability
• Toxic & Environmental Torts

Government Matters: Clients ranging from Fortune Global 50 corporations to high-profile individuals in every region of the world entrust King & Spalding’s Government Matters practice to guide them through rapidly changing regulatory landscapes, complex investigations by U.S. and foreign enforcement authorities, highly sensitive internal investigations and related, often parallel civil proceedings. 

Hundreds of lawyers across the United States, Europe and Asia bring decades of prior government service and industry experience to our regulatory and investigative practices, which serve the financial services, pharmaceutical and medical device, healthcare, energy, automotive and technology sectors in particular. The team includes six U.S. Attorneys, 24 Assistant U.S. Attorneys, and former senior officials from the highest ranks in regulatory and enforcement organizations that are most significant to our clients.

Our experienced team includes former leaders at the U.S. Securities and Exchange Commission, the Environmental Protection Agency, the Food and Drug Administration, the Federal Trade Commission, the Federal Energy Regulatory Commission, the National Highway Traffic Safety Administration, the Internal Revenue Service, the Department of Commerce, the Financial Industry Regulatory Authority, the Bank of England, the U.K’s Financial Reporting Council and the World Trade Organization.

Capabilities:

• Antitrust
• Data, Privacy and Security
• Environmental, Health and Safety
• FDA and Life Sciences
• Government Advocacy and Public Policy
• Government Contracts
• Healthcare
• International Trade
• National Security and Corporate Espionage
• Securities Enforcement and Regulation
• Special Matters and Government Investigations
  
  

Corporate, Finance and Investments: Our Corporate, Finance and Investments team brings a collaborative approach to help clients execute complex, high-value transactions. We have a fully integrated platform with more than 330 lawyers in 17 offices, offering clients the benefit of global specialists with local knowledge and industry expertise. We work side by side with our clients to execute transactions efficiently and effectively—we understand what matters to both our clients and opposite parties and we explain the actual, practical risks to our clients.

Capabilities:

• Activist Defense
• Alternative Capital and Credit Funds
• Capital Markets
• Construction and Procurement
• Corporate Governance
• Emerging Companies and Venture Capital
• Employee Benefits and Executive Compensation
• Energy and Infrastructure Projects
• Financial Restructuring
• Investment Funds and Asset Management
• Leveraged Finance
• Mergers and Acquisitions
• Middle East and Islamic Finance and Investment
• Private Equity
• Real Estate
• Securitization
• Tax 

Updated Oct 2025

Firm overview

With a history of success spanning more than four decades, Bell Nunnally is among the largest and most honored law firms in Texas. Recognized for its legal know how, extensive experience and unifying mission of standing Behind Every Great Company™, the firm extends its reach as a member of the global law firm network Legalink. Bell Nunnally offers a comprehensive range of services, including litigation, appellate law, commercial finance, corporate and securities, creditors’ rights, bankruptcy, intellectual property, labor and employment, immigration, real estate, entertainment, financial institution regulation and disputes, mergers and acquisitions, and tax. The firm’s attorneys and practices are regularly recognized in industry guides and rankings, including The National Law Journal’s “NLJ 500” list of the largest firms by attorney head count in the U.S., Chambers and Partners and Benchmark Litigation. A member of Law.com’s “Mid-Market Pro 50,” Bell Nunnally’s history is defined by a commitment to excellence, and its collegial, collaborative workplace has made it a multi-year honoree among the Dallas Morning News’ “Top Workplaces.”

Updated Sep 2025

Firm overview

Founded in 1920, Akerman is recognized as one of the country’s premier law firms, with more than 700 lawyers in 25 offices throughout the United States..

Commercial Litigation: Akerman offers a leading trial team that includes litigators across the United States. We represent a diverse range of clients across numerous sectors, with particular strength in the financial services, private equity, insurance, real estate, construction, health and life sciences, and energy sectors. Akerman lawyers regularly appear before judges and arbitrators in class actions, securities, white-collar, fraud and recovery, product liability, intellectual property, employment, bankruptcy, and general business matters.

Appellate: With a bench that includes many former appellate and trial court judges, Akerman’s appellate practice is a national powerhouse with demonstrated success in handling appeals related to complex commercial litigation. Akerman's appellate team frequently assist trial lawyers during all phases of litigation, preserving errors for appeal, drafting motions and responses, and providing strategic advice on the best approach for seeking relief on appeal. They handle numerous matters before appellate courts nationwide in various commercial cases and class actions. We also have experience in administrative appeals involving high profile issues before state agencies. Additionally, Akerman's appellate lawyers represent industry associations as amicus curiae in appellate proceedings when our clients are not a party to an appeal but have a substantial interest in the outcome.

International Litigation & Arbitration: Akerman has a long record of accomplishment in resolving complex multijurisdictional disputes. Our team represents multinational, foreign, and domestic corporations and individuals before U.S. federal and state courts, as well as in arbitration proceedings before a wide range of international arbitral bodies in multiple jurisdictions. Akerman litigators help clients successfully address conflicts in a broad range of sectors, including general commercial disputes, power and energy, construction and engineering, and banking and finance, among many others. Our highly responsive, multilingual team works in tandem with experienced local counsel to provide seamless resolution to disputes throughout Latin America, as well as in Europe, Asia Pacific, Africa, and the Middle East.

Employment Litigation: Akerman’s national, multidisciplinary team helps clients navigate claims brought before state and federal agencies and boards as well as trial and appellate courts throughout the United States. Our lawyers regularly defend employers in all types of employment litigation, including complex class-action discrimination cases and collective action wage and hour matters. We also represent employers in connection with administrative charges and audits, and have successfully negotiated and supervised numerous settlements with the U.S. Department of Labor.

Updated Sep 2024