Richard J. Wallace, III

Scheef & Stone > Richard J. Wallace, III

Wallace, Richard

Richard J. Wallace, III

500 North Akard Street
Suite 2700
Dallas, Texas 75201
Mr. Wallace focuses his practice in the area of commercial, business, and intellectual property litigation and oil and gas. His clients range from Fortune 500 Companies to small and medium-sized businesses.


  • Collections


  • Bankruptcy Litigation & Transactions
  • Chapter 7 Trustee Representation
  • Collections/Creditors’ Rights


  • Lien & Bond Claims

Corporate & Business

  • Shareholder Disputes


  • Oil & Gas Litigation
  • Oil & Gas Transactions

Intellectual Property

  • Trade Secret Litigation

Labor & Employment

  • Employment Litigation


  • Commercial Litigation
  • Banking Litigation & Transactions
  • Employment Litigation
  • Oil & Gas Litigation
  • Trade Secret Litigation
  • State Bar of Texas (Litigation and Intellectual Property Sections)
  • Admitted to Practice in the Northern, Southern, Eastern and Western Districts (including Bankruptcy Districts) of Texas
  • Fifth Circuit Court of Appeals
  • Supreme Court of the United States

Obtained a Permanent Injunction against a former employee for violations of a non-compete agreement and theft of trade secrets case. All My Sons Moving & Storage of Dallas, Inc. v. Adam Salazar, No. 09-17398(68th Dist. Ct., Dallas, Tex., Apr. 14th, 2010)

Obtained a judgment in a sophisticated futures trading Ponzi scheme case. Walter L. Farrington, III, et al. v. CRW Management LP, et al., No. 08-15144 (14th Dist. Co., Dallas County, Tex., Feb. 5th, 2009)

Obtained a Permanent Injunction against three former employees for violations of a covenant not to compete, appropriation of trade secrets, and breach of employment contract. Allied Waste Industries, Inc. v. Earl Bell, et al., No. 07-01060 (44th Dist. Ct., Dallas County, Tex., May 21st, 2007)

Obtained a Permanent Injunction against a jewelry manufacturer for copyright infringement. Barse & Co., Inc. v. Star Tex Imports, L.P., No. 3:04-CV-835-BD (N.D. Texas Mar. 28th, 2006)

Successfully obtained a Temporary Restraining Order, and successfully defeated a competing Temporary Restraining Order and Temporary Injunction in a complex franchise dispute. Jantt Corporation, et al. v. Pirtek USA, LLC, et al., No. 05-011411 (298th Dist. Ct., Dallas County, Tex., Nov. 10th, 2005)

  • Dallas Bar Association (Litigation Section)
  • Dallas Association of Young Lawyers
  • DAYL Foundation Fellow
  • Bachelor of Arts, Vanderbilt University, 1994
  • Juris Doctor, Southern Methodist University, Dedman School of Law, 1998
  • Selected as one of Texas’ Top Rated Lawyers for 2013 and 2014 in Business and Commercial Litigation by Legal Leaders Magazine
  • AV rated, Martindale-Hubbell, 2011 – 2021
  • Recognized as one of the 2013 Top Rated Lawyers in Commercial Litigation Law by The American Lawyer, Corporate Counsel, Martindale Hubbell, and National Law Journal
  • Named “Texas Super Lawyer” by Thomson Reuters, 2012, 2015 – 2021
  • Named Texas Commercial Litigation Lawyer of the Year for 2015 and 2016 by ACQ Global Awards