- Emory University School of Law (1979)
- U.S. Court of Appeals - 5th Circuit Honorable James C. Hill (Intern 1978-79)
- State University of New York at Oswego (B.S. in Political Science and Psychology, magna cum laude, 1975)
Areas of Practice:
Admitted to Practice:
- Federal District Courts in Texas
- New York
- U.S. Courts of Appeals for the 2nd, 5th, 7th, 9th, 10th and 11th Circuits
- U.S. Supreme Court
- Various U.S. District Courts across the country
Allan B. Diamond
Allan B. Diamond, the managing partner of Diamond McCarthy, is a renowned trial lawyer with more than three decades of handling complex commercial litigation, class actions and business insolvencies. With offices in Houston and New York City, he handles many cases with far-reaching domestic and global implications, including distressed financial situations with international cross-border litigation.
As lead counsel in several of the nation’s largest bankruptcy-related trials, Allan has appeared in federal, state and appellate courts throughout the country. He has taken cases to trial in the complex multi-district litigation proceedings involving the bankrupt international food and daily conglomerate, Parmalat, as well as in various other high profile global insolvency proceedings. He has also assisted the bankruptcy Trustee and legal team in connection with the ongoing law firm bankruptcy proceedings in Dreier, LLP in the Southern District of New York. Most recently, Allan was appointed by the Department of Justice and the bankruptcy court in San Francisco as the Chapter 11 Trustee of Howrey, LLP, one of the largest law firm bankruptcies in U.S. history.
Selected as a Texas Super Lawyer every year since its inception in 2003 (through 2011), Allan is currently the Vice-Chairman of the Advisory Board for Emory University School of Law and is a member of the Texas Bar Foundation and the Houston, Dallas and New York City Bar Associations. He has co-chaired the State Bar of Texas Advanced Bankruptcy Litigation Committee and State Bar grievance committees for many years. He is an honorary member of the Commercial Bar Association of England and Wales, North American Division; a member of the Congress of Fellows for the Center for International Legal Studies in Salzburg, Austria; the International Business Law Consortium; INSOL, (London); the IBA (London); the ABA International Litigation Division, and is very active as a lecturer, author and executive committee member of the American Bankruptcy Institute.
High Stakes Global Insolvency Related Litigation
- In October, 2011, Allan was appointed by the U.S. Trustee’s office of the Department of Justice and the bankruptcy court in San Francisco as the Chapter 11 Trustee of the Howrey, LLP bankruptcy estate. This prominent bankruptcy, one of the largest in U.S. history, is currently pending in the Northern District of California, San Francisco. It is anticipated that this case will involve, among other things, a multiplicity of estate commenced litigations, continuation of existing contingency based litigations and wind down of U.S. and European assets and liabilities.
- Currently lead trial counsel for the post-confirmation USACM Liquidating Trust arising out of the former USA Capital based sub-prime mortgage lending entities in connection with the Trust’s investigation and pursuit of litigation claims involving hundreds of millions of dollars in damages in the federal courts of Las Vegas, Nevada. These claims and recoveries involve major financial institutions, corporations, accounting and legal professional organizations and other third parties.
- Currently lead trial counsel for the post-confirmation Syntax/Brillian Corporation Liquidating Trust arising out of this former publicly traded HDTV television manufacturer’s losses in the hundreds of millions of dollars. Cross-border international claims are being investigated and pursued against a multitude of financial institutions, corporations and professional firms in the federal courts of Los Angeles, Delaware and Arizona as well as Taiwan and China, including anti-trust price-fixing claims arising out of the flat panel multi-district litigation proceedings pending in the Northern District of California.
- Currently lead trial counsel for the Creditors Committee in the Appalachian Fuels LLC and related company bankruptcies in the Eastern District of Kentucky in connection with the investigation and pursuit of claims arising from this coal mining company’s losses of more than one hundred million dollars. Claims involve a multitude of companies, former officers and directors, insurers and professional firms.
- Currently lead special trial counsel for the Chief Restructuring Officer of Equipment Acquisition Resources, a debtor in bankruptcy proceedings in Chicago, Illinois involving hundreds of millions of dollars in losses arising out of an alleged Ponzi scheme.
- Currently oversee all litigation on behalf of the Chapter 11 Trustee to Dreier, LLP in connection with its complex New York litigation proceedings arising out of Mark Dreier’s Ponzi scheme and related matters.
- Currently lead trial counsel for the Chapter 7 bankruptcy trustee for Endoscopy Centers of Nevada in connection with the prosecution and defense of various claims arising out of this high media profile bankruptcy and its related litigation proceedings in which hundreds of lawsuits are pending involving the hepatitis C infections of patients treated by the Debtor. These matters involve hundreds of millions of dollars in claims pending in the courts of Las Vegas, Nevada.
- Served as lead trial counsel for the Cayman Island court-appointed liquidators for two former Cayman Island based companies related to the former Italian international food and dairy conglomerate, Parmalat, in connection with the MDL proceedings in the United States District Court for the Southern District of New York (along with related proceedings in the courts of Grand Cayman and Milan and Parma, Italy.
- Served as lead trial counsel for the pre and post-confirmation litigation trust of LJM2, LLP, the former ENRON affiliate led by Andrew Fastow that resulted in ENRON’s demise, in connection with the investigation and pursuit of millions of dollars in claims arising out of ENRON and LJM2’s bankruptcy proceedings in Dallas and New York. Substantial recoveries were achieved.
- Served as lead trial counsel for more than 1,000 Latin American investors in connection with claims for accounting and legal professional liability, officer and director liability and financial institution tort liability of more than $350 million in damages arising out of the InverWorld, Inc.bankruptcies in the courts of San Antonio, Texas, the Grand Cayman Islands and the United Kingdom. Substantial recoveries were achieved.
- Served as lead trial counsel to the post-confirmation trustee of Agribiotech, Inc., the former Las Vegas, Nevada publicly traded forage and seed manufacturing company (largest in North America at the time) in connection with officer and director breach of fiduciary duty claims, software implementation breach of contract claims, accounting and other professional negligence and fraudulent transfer claims in the United States District and Bankruptcy Courts in Las Vegas involving more than $80 million in damages.
- Served as lead special trial counsel to the post-confirmation liquidation trust for Southeast Bancshares. At the time Southeast Bancshares was the sixth largest bankruptcy in United States history. Successful claims were prosecuted in the federal courts of Miami, Florida resulting in recoveries against former officers and directors, professional accounting and law firms, and various financial institutions. This is the most successful chapter 7 estate in terms of recoveries and payouts in U.S. history.
- Currently lead trial counsel for various New York and Boston based hedge funds in connection with credit default derivative swap (CDO) contract litigation claims arising out of the American Home Mortgage Company bankruptcy proceedings pending in Delaware federal court.
- Served as lead trial counsel to global Dutch bank, Rabobank Netherlands, in connection with parallel international proceedings involving more than $100 million in claims against another international European bank, former officers and directors of an international dry fruits and nuts processor as well as cross-border accounting and audit malpractice litigation against one of the big four accounting firms in Contra Costa County, California, Fresno, California and London, England.
- Howrey Creditor Can't Target Equity Holders in Class Action
- Howrey Trustee Sues 7 More Law Firms
- Howrey Trustee to Former Partners: Cut Deals or I'm Suing You
- Howrey Trustee Makes First Round of Settlement Offers
- Seven Diamond McCarthy LLP Attorneys Named Super Lawyers - Three of Those for Ten Consecutive Years
- Howrey Trustee, Akin Gump Standoff Over Question of Attorney-Client Privilege
- Howrey Bankruptcy Will Rely On Contingency Fees, Ex-Partners
- Howrey Estate Searching for Money
- Howrey Officially Begins Process of Clawing Back Money from Former Partners
- After Howrey's Fall: Winding Down IT and Dealing With Data
- The Fracturing of Big Law
- One Year and Millions of Dollars Later, Howrey Bankruptcy Plods On
- Judge approves Howrey plan to return client files
- The Law Firm may have Dissolved, but the Records Remain
- How DVDs and dairy could be pay dirt for Howrey creditors
- No Holiday Respite for Lawyers Working on Howrey Bankruptcy
- New Howrey Trustee Says Firm's Bankruptcy Will Get Litigious
- Howrey Professional Fees Reach $3 Million as Trustee Steps In
- Allan Diamond is named as Trustee of the Howrey's Chapter 11 bankruptcy
- 2011 Texas Super Lawyers Are Named
- 2010 Texas Super Lawyers Are Named
- Allan Diamond to participate at the annual meeting of the 2013 National Conference of Bankruptcy Judges in Atlanta, GA. He will serve on a panel to present "Unfinished Business: The World of Law Firm Bankruptcies".
- Allan Diamond participated on a panel at the ABI's 31st Annual Spring Meeting in National Harbor, Maryland. The panel discussed law firm bankruptcies and certain issues that have arisen in them, including the WARN Act and recent case law.
- Allan Diamond presented "Legal Ghost Towns: Walking the Deserted Streets of Law Firm Disasters" at the ABI's Rocky Mountain Bankruptcy Conference at the Four Seasons Hotel Denver in Denver, CO.
- Allan Diamond participated in a panel at the ABI's 24th Annual Winter Leadership Conference in Tucson, AZ. The panel presented a mock trial, "Trustee and the Badoff Investor Class v. Bigbank".
- Allan B. Diamond participated as a panelist discussing governmental forfeiture and bankruptcy issues at the Joint Session of the Eastern District of California's Annual Conference at Tenaya Lodge, Yosemite National Park, California
- Allan B. Diamond participated in panel discussion, Intersection of Criminal and Civil Forfeiture and Bankruptcy Proceedings in Fraud Schemes, South Florida Bankruptcy Bar Association Annual Conference, Naples, FL
- Allan B. Diamond spoke on Bankruptcy Forfeiture and SIPC Receivership: Three Regimes for the Compensation of Ponzi Scheme Victims - March 2011 Update, South Florida Bankruptcy Bar Association Annual Conference, Naples, FL
- Allan B. Diamond spoke on An Overview of the Role of Forfeiture and Bankruptcy Following the Collapse of Large Ponzi Schemes, South Florida Bankrtupcy Bar Association Annual Conference, Naples, FL
- Allan B. Diamond spoke on Bankruptcy, Forfeiture and SIPC Receivership: Three Regimes for the Compensation of Ponzi Scheme Victims, American Bankruptcy Insitute Annual Conference, Washington, D.C.
- Allan B. Diamond participated in The Great Debates: Resolved: Investors in Ponzi Scheme Cases Are Entitled to Their Last Statement Balance up to the $500,000 SIPC Limit, American Bankruptcy Institute, 30th Annual Midwestern Bankruptcy Institute & Consumer Forum, Kansas City, MO
- Allan B. Diamond author and speaker, An Overview of the Role of Forfeiture and Bankruptcy Following the Collapse of Large Ponzi Schemes, South Florida Bankruptcy Bar Association Annual Conference, Naples, FL (May 6-8 2011)
- Allan B. Diamond author and speaker, Bankruptcy Forfeiture and SIPC Receivership: Three Regimes for the Compensation of Ponzi Scheme Victims - March 2011 Update, South Florida Bankruptcy Bar Association Annual Conference, Naples, FL (May 6-8, 2011)
- Allan B. Diamond and Jon Maxwell Beatty co-authors, In Pari Delicto: The Inequitable Application of an Equitable Doctrine, American Bankruptcy Institute Journal, Volume XXX, No. 4 (May 2011)
- Allan B. Diamond author and speaker, Bankruptcy, Forfeiture and SIPC Receivership: Three Regimes for the Compensation of Ponzi Scheme Victims, American Bankruptcy Institute Annual Conference, Washington, D.C. (March 31, 2011)
- Allan B. Diamond participant in The Great Debates: Resolved: Investors in Ponzi Scheme Cases Are Entitled to Their Last Statement Balance up to the $500,000 SIPC Limit, American Bankruptcy Institute, 30th Annual Midwestern Bankruptcy Institute & Consumer Forum, Kansas City, MO (October 2010)
- Allan B. Diamond participant in panel discussion, Conflicts Among the Bankruptcy System, SEC Receiverships, and the Federal Criminal Forfeiture Laws in Achieving an Equitable Distribution of Assets for Victims of Ponzi Schemes, other participants on the panel included Irving Picard, Trustee of the Estate of Madoff Securities, and Ralph Janvey, appointed as SEC receiver of Stanford Financial Group, American Bankruptcy Institute Winter Leadership Conference, La Quinta, CA (December 5, 2009)
- Allan B. Diamond participant in roundtable discussion regarding international litigation and arbitration proceedings, International Business Law Consortium Conference, Florence, Italy (October 1-4, 2009)
- Reda M. Hicks and Allan B. Diamond co-authors, Trends and Settlement Alternatives in International Parallel Litigation, presented by Allan B. Diamond at the Center for International Legal Studies Conference, Steamboat Springs, CO (February 12, 2007)