Nathaniel J. Palmer, a partner at Reid Collins & Tsai LLP, handles high-value commercial insolvency litigation, frequently acting for trustees and investor groups in multi-jurisdictional disputes. His practice spans financial fraud, audit and legal malpractice, breach of fiduciary duty and D&O liability. Palmer regularly appears in state and federal courts across the U.S. and served as lead counsel in the derivative action on behalf of Renren, Inc., one of the largest recoveries of its kind, securing $300 million settlement involving offshore entities and complex securities issues.
Legal 500 Editorial commentary
- Profile
Accolades
Austin Elite
Key clients
- Michael I. Goldberg, in his capacity as the Trustee of the GWG Litigation Trust
- Claymore Holdings, an affiliate of NexPoint Advisors and Highland Capital Management Fund Advisors.
- Allenby, LLC
- Haygood, LLC
Work highlights
Secured a $64.7M judgment for Claymore Holdings in a decade-long fraud case against Credit Suisse over a 2007 Las Vegas development loan, affirming the fraud finding and establishing a rare post-2008 Wall Street accountability precedent.
Representing Renren, Inc. derivative litigation, securing a $300M settlement for minority shareholders over insider asset transfers and establishing Cayman-law derivative standing and foreign actor accountability.
Leading representation of the GWG Litigation Trust in claims against former directors, officers, and affiliates for alleged self-dealing and fraudulent transfers, securing $91.3M in settlements with further proceedings ongoing.