
Partner
Location:
Austin, Texas
Education:
Princeton University
A.B., Politics, Highest Honors, 1998
University of Texas School of Law
J.D., Order of the Coif, 2001
Areas of Practice:
Business Tort Litigation
Business/Partnership Disputes
Securities/Shareholder Litigation
Insolvency Litigation
Financial Institutions Litigation
Professional Liability Litigation
Insurance Cases
Class and Derivative Actions
Toxic Tort Litigation
Employment Litigation
Clerkships:
The Honorable Samuel B. Kent,
U.S. District Court for the Southern District of Texas,
2001-2002
Admitted to Practice:
California, 2003
Texas, 2004
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Lisa S. Tsai
(512) 617-5202 |
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Lisa Tsai is a partner who joined Diamond McCarthy in June 2004. Prior to joining the firm, Lisa served as a litigation associate at Latham & Watkins LLP in Los Angeles, California. Lisa has represented clients in a wide variety of complex business litigation, including fiduciary litigation, business and partnership disputes, securities and shareholder derivative litigation, copyright and trademark disputes, trade secret cases, bank liability cases, professional liability litigation, toxic tort litigation, bad faith insurance disputes, class actions, and employment matters.
In 2007 and 2008, Texas Monthly named Lisa a "Rising Star" in its Super Lawyers edition, a distinction reserved for the top 2.5% of Texas attorneys who are under 40 years of age or have been practicing law for less than 10 years.
Some of Lisa's recent cases include:
- Representation of Grey Goose Bottling Company and a minority shareholder in a derivative action filed in Delaware Chancery Court, involving the breaches of fiduciary duty associated with the misallocation of the $2.5 billion purchase price paid by Bacardi Limited to acquire the Grey Goose Vodka label. The lawsuit was settled for a confidential amount after the court issued a lengthy ruling denying the Defendants' motion to dismiss.
- Representation of a national software company in a lawsuit filed against several General Electric entities involving claims for breach of a licensing agreement, tortious interference with contract, copyright infringement, and misappropriation of trade secrets.
- Representation of a national software company in pursuing claims against a competitor that hired a former employee and used him on a key customer's account. The lawsuit, which involved claims for misappropriation of trade secrets, tortious interference with contract and prospective business relations, and participation in breach of fiduciary duty, was settled for a confidential amount following the court's denial of the Defendant's motion for summary judgment.
- Representation of a Nevada consumer finance company that was sued in a multi-million dollar class action in California state court. After a two-week bench trial, in which Lisa examined and cross-examined key witnesses, the trial court entered a judgment dismissing with prejudice all claims against the company. Lisa is now handling the appellate aspects of the case.
- Representation of an Austin business owner in a bad faith insurance case in Texas state district court in Travis County. Following a three-week jury trial, in which Lisa conducted voir dire and examined and cross-examined witnesses, the jury issued a $6 million verdict to the client, who ultimately settled for $2.5 million on a 40 percent contingency basis.
- Representation of an international bank in pursuing negligence and fraud based claims against PwC Mexico arising from the audits of a group of Mexican companies. The lawsuit was successfully settled for a confidential amount.
- Representation of a group of more than 800 investor-creditors who were defrauded in a massive Ponzi scheme involving in excess of $300 million in investor losses. Lisa is prosecuting the investors' claims in federal court in San Antonio.
Lisa received her J.D. with honors from the University of Texas School of Law in 2001, and was selected as a member of the Order of the Coif upon graduation. Lisa served as a member of the Texas Law Review, during which time she published her student note in the area of employment law. Following law school, Lisa served as a judicial law clerk to the Honorable Samuel B. Kent in the United States District Court for the Southern District of Texas.
Lisa received her A.B. in Politics, with highest honors, from Princeton University in 1998. While at Princeton, Lisa received the Lyman H. Atwater Prize in Politics for writing the best senior thesis in the Department of Politics. A portion of her thesis, which examined the factors affecting the viability of Asian American political candidates, was published in the Asian American Policy Review, a journal published by the John F. Kennedy School of Government at Harvard University.
Lisa is licensed to practice law in both Texas and California. She is admitted to the State Bar of Texas, State Bar of California, the Northern, Southern, Eastern, and Western Districts of Texas, and the Central and Southern Districts of California. Lisa is active in a variety of professional and community organizations, including serving as Chair Elect of the Asian Pacific Interest Section of the State Bar of Texas, Council Member of the Austin Asian American Bar Association, Co-Chair of the Austin Bar Association Bench Bar Committee, and Member of the City of Austin Ethics Review Commission. Lisa also serves on the board of the Texas Fair Defense Project, and provides pro bono legal services for victims of domestic violence.
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