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Doug Batey is a principal in the Seattle office of Stoel Rives LLP. He has a business law practice and advises companies and executives on a broad range of issues, including mergers and acquisitions, corporate, securities and commercial law, limited liability companies, and corporate governance. His practice experience also includes the protection, licensing and distribution of technology and intellectual property, as well as work on executive employment issues, commercial contracts and business disputes. He has advised a number of start-up and early stage entrepreneurial companies from business formation, seed round and venture capital financings, through successful growth and later acquisitions. He is a member of the Partnership and LLC Law Committee of the Business Law Section of the Washington State Bar Association.
Admissions and Courts
Sometimes pushing the envelope is not a good strategy, and that’s clearly the case when your litigation strategy ends you up in jail. In an Ohio case the judge found an after-the-fact excuse for disobedience of the court’s order to be insufficient, held the LLC’s owner and its...
A recent U.S. District Court ruling shows why LLC derivative suits by LLC members against other members cannot normally be successfully removed from state court to federal court on diversity grounds. Price v. Smith, No. 11-C-0763, 2012 WL 336169 (E.D. Wis. Feb. 2, 2012). Background. Sarah Price and...
Law firm breakups sometimes result in disputes between the lawyers over continuing legal work. Some of the most difficult disputes are those over contingent-fee cases that were started before the firm broke up and will be concluded after the breakup. A contingent-fee case may require thousands of...
The ABA’s Revised Prototype Limited Liability Company Act has been published in the November 2011 Business Lawyer, copies of which were received at my firm last week. The Revised Prototype incorporates a number of welcome changes, and will likely become an even more widely used resource by...
To prevent forum-shopping by plaintiffs in shareholder derivative suits, some Delaware corporations in the last couple of years have amended their bylaws to lock in the Delaware Court of Chancery as the exclusive forum for derivative suits. One study showed that as of the end of 2011, 195 Delaware...