Learning the art of driving at the William Snyder school of racing.

Russell F. Nelms

Russell Nelms grew up in Sweetwater, Texas. His first brush with business was selling hot dogs and cokes at the annual Sweetwater Rattlesnake Roundup.
 
In 1967, his family moved to Roswell, New Mexico. It is no coincidence that during his four years there, not one alien appearance was reported.
 
Upon graduating from high school, he capitalized on the greatest bargain in higher education. In the 1970s, Texas students could attend any state university at the rate of $3.00 a semester hour. Nelms attended college and law school under this program, while earning extra money as a door-to-door Bible salesman, road construction worker, and hotel night clerk.
 
Upon graduating from law school, Nelms fulfilled a commitment to the United States Army by serving as a trial lawyer in the Judge Advocate General’s Corps from 1978 to 1984. During his time in the Army, he tried more than 125 cases, many involving violent crimes such as murder and rape.
 
In 1984, Nelms joined Carrington, Coleman, Sloman & Blumenthal, a law firm molded in the image of its managing partner, James Coleman. Before practicing law, Coleman had served as an infantry officer in World War II and a CIA agent during the Korean War. Jimmy Coleman was smart, tough and relentless. Nelms spent the next 20 years trying to live up to Coleman’s example. He progressed from trying adversary proceedings in farm and ranch bankruptcy cases to leading large teams of lawyers in bet-the-company litigation.
 
In 2004 the United States Court of Appeals for the Fifth Circuit appointed Nelms to be a bankruptcy judge for the Northern District of Texas. Judge Nelms resolved to treat each case that came before him with the same degree of seriousness and dignity. Today, some of his fondest memories of his time on the bench are cases in which pro se litigants prevailed over seasoned lawyers.
Judge Nelms retired from the bench in 2018. He now works as a mediator and independent fiduciary in large Chapter 11 bankruptcy cases. On Friday nights, he can sometimes be found acting as informal host at Nonna Tata, his wife’s Italian restaurant. And yes, he does have a couple of well-trained cats.

Notable Engagements

Auctioneer
Sold the Texas Rangers baseball club at public auction
Litigation Trustee
Pursued claims and distributed in excess of $100 million to creditors of a tribal lending operation (Think Finance)
Independent Director / Manager
Worked with other directors or managers to procure confirmation of plans in highly contested Chapter 11 cases (Highland Capital Management, Warrior Custom Golf, Diamondback Industries, Spherature Investments)
Chairman, Advisory Board
Advised the directors of an electric cooperative concerning conflicts of interest during its Chapter 11 case (Brazos Electric)
Plan Administrator
Currently pursuing claims against the operator of the Texas electricity grid related to 2021 winter storm Uri, which left millions of Texans without heat for several days (Griddy Energy)
Expert Witness
Testified concerning reasonableness of settlement and attorney’s fees (Gold’s Gym)

Experience

Russell F. Nelms Fiduciary Services

2018-Present
Mediator, independent director, independent manager, litigation trustee, plan trustee, expert witness

United States Bankruptcy Judge

2004-2018
Northern District of Texas, Fort Worth Division

Carrington, Coleman, Sloman & Blumenthal

1989- 2004
Bankruptcy Partner
1984-1989
Bankruptcy Associate

United States Army (Captain)

1978-1984
Judge Advocate General's Corps

Collier's Handbook for Trustees and Debtors in Possession

2014-2018
Contributing Editor

Southern Methodist University Dedman School of Law

2012-2014
Adjunct Professor of Law