Partner     

Location:
Dallas, Texas

Education:
University of Kansas, B.A., English and Environmental Studies, with honors, 1996
• Phi Beta Kappa
• Honors thesis in
  environmental policy

University of Kansas
School of Law, J.D., 1999
• Order of the Coif
• Editor-in-Chief,
  Kansas Law Review

Areas of Practice:
Director/officer liability
Professional liability
Bankruptcy-related litigation
Derivative and class actions
Environmental litigation
Business torts

Admitted to Practice:
Texas, 1999


Eric D. Madden
(214) 389-5306 | emadden@diamondmccarthy.com

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Eric Madden is a partner with Diamond McCarthy. He has handled a variety of complex litigation matters, including business fraud, director and officer liability, professional malpractice, and shareholder derivative actions. He also has substantial experience in bankruptcy-related litigation and environmental litigation. His representative cases include:
  • Representation of the USACM Liquidating Trust in connection with various litigation claims arising out of the collapse of USA Commercial Mortgage Company, a commercial loan servicer with more than $950 million in outstanding loans.

  • Representation of the post-confirmation trustee for LJM2 Co-Investment, LP, the Enron-affiliated partnership formerly run by Andrew Fastow, in connection with claims against its former counsel, accountants, and investment bankers. The claims were settled for confidential amounts prior to filing suit and after mediation and/or substantial negotiations.

  • Representation of a minority shareholder in a derivative suit filed in the Delaware Chancery Court, involving breach of fiduciary duty and other torts related to the misallocation of the $2.5 billion purchase price paid by Bacardi Limited to acquire the Grey Goose Vodka label. The action successfully settled for a confidential amount following the Court's issuance of a 58-page published opinion denying the defendants' motion to dismiss. See Bakerman v. Sidney Frank Importing Co., 2006 WL 3927242 (Del. Ch. 2006).

  • Representation of the Chapter 7 trustee for Precept Business Services, Inc., a former NASDAQ-traded company, in connection with claims against its former officers, directors, and professional advisors, as well as preference claims against multiple defendants. See, e.g., Turoff v. Jackson Walker, LLP (In re Precept Business Services, Inc.), 2004 WL 2074169 (Bankr. N.D. Tex. 2004).

  • Representation of taxpayers in connection with claims against major insurance companies and their agents related to the marketing and sale of abusive tax shelters. See, e.g., Kennard v. Indianapolis Life Ins. Co., 420 F. Supp. 2d. 601 (N.D. Tex. 2006); Cotner v. Hartford Life & Annuity Ins. Co., 2008 WL 59174 (N.D. Tex. 2008).

  • Representation of the post-confirmation trustee for Agribiotech, Inc., a former NASDAQ-traded company, in connection with claims against its former officers, directors, and professional advisors.

  • Representation of a Philippine province in connection with environmental claims against a multi-national Canadian mining company.

For the fourth consecutive year (2004-2007), Texas Monthly magazine has named Eric as a "Texas Rising Star," a distinction reserved for the top 2.5% of Texas attorneys who are under 40 years of age or have been practicing law less than 10 years.

Eric has also written and spoken on a variety of topics, including the following:
Eric received his J.D. degree from the University of Kansas School of Law, where he served as Editor-in-Chief of the Kansas Law Review and was elected to the Order of the Coif. He received his B.A. degree in English and Environmental Studies from the University of Kansas, where he graduated with honors and was elected to Phi Beta Kappa. Prior to joining the firm, he was an associate with Carrington, Coleman, Sloman & Blumenthal, LLP.

Eric is a member of the American Bar Association, the State Bar of Texas, the Dallas Bar Association, the Dallas Association of Young Lawyers, and the American Bankruptcy Institute. He is admitted to practice in all state and federal courts in Texas, and before the United States Supreme Court.