Tonkon Torp has launched a new practice group, Shareholder Disputes & Governance.
The practice group brings together attorneys from the firm’s Litigation and Business Departments to resolve business disputes among partners, shareholders, managers, or other stakeholders. The hybrid practice group is co-chaired by partners Jeff Cronn and Anna Sortun.
The ability to seamlessly convene litigation and business expertise to resolve shareholder disputes is a reflection of Tonkon Torp’s long held collaborative approach to providing solutions for clients.
“Business disputes, especially for closely held companies, have significant financial stakes and can be intensely personal,” said Cronn. “Since a shareholder dispute often involves complex business and financial matters, we create teams that may include a litigator, a tax lawyer, a corporate expert, a commercial contract lawyer, a mergers and acquisitions professional, or other specialists in our business department, to most effectively achieve the goals of our clients.”
Taking a holistic approach to resolving business disputes and breakups helps to avoid the need for inefficient and uncertain litigation. It can reduce conflict and preserve relationships. When ownership and control are on the table, taking time to explore multiple pathways to resolution often achieves best outcomes.
“Collaboration between litigation and business experts helps us to step back and find the most efficient path to achieve the specific goal in front of us,” added Sortun. “We have talented attorneys on our teams, and by not exclusively leaning on the litigation process, we have found many creative pathways for our clients that aren’t immediately obvious. And, of course, when it’s time to go to court, we are fully prepared and effective.”
About Tonkon Torp - Tonkon Torp LLP is a leading business and litigation law firm serving public companies, substantial private enterprises, entrepreneurial businesses, and individuals throughout the Northwest. For more information, visit tonkon.com.