Thomas B. Eriksen - Shareholder

About

Thomas B. ("Brad") Eriksen represents business and corporate clients in all aspects of business operations, from choice of entity and capitalization decisions to operational issues and growth, exit, and transition strategies. Brad's focus is on acting as general counsel to a variety of closely-held and family businesses. Business transactions, including acquisition and sale of businesses, capitalization and organizational structuring, and succession planning for business owners and senior management, are a substantial part of Brad's practice. His practice also includes executive and deferred compensation planning for nonprofit entities such as credit unions and governmental entities. Brad's closely-held business clients include manufacturers and many construction industry clients, including residential and commercial developers, contractors, subcontractors, suppliers, and design professionals.

Business Organization

Brad advises clients regarding the business entities that are available to address a variety of organizational needs. Brad advises clients and structures and capitalizes many new business organizations to enable them to grow and succeed, including issues regarding:

  • Capital and tax structuring
  • Equity financing from private and institutional sources
  • Debt financing
  • Leveraged and bootstrap acquisitions
  • Choosing business entities to suit the unique needs of each business, including:
    • Limited liability companies
    • Limited liability partnerships
    • C corporations
    • S corporations
    • Cooperative corporations
    • Professional corporations

Each type of business entity has different liability and tax benefits and burdens. Brad helps business owners choose the appropriate entity to suit their needs, now and for the future.

Business Planning

Brad advises business clients in many areas of business planning, including:

  • Buy-sell agreements
  • Incentive stock options
  • Nonqualified stock options and grants
  • Stock appreciation rights (phantom stock)
  • Stock bonus plans
  • Deferred compensation plans
  • Employment agreements
  • Independent contractor agreements
  • Distributor agreements

Business Sales and Acquisitions

Brad represents and advises many individuals and entities in the sale or acquisition of businesses or their assets, including:

  • Negotiating terms and conditions
  • Performing due diligence
  • Structuring the acquisition
  • Financing the acquisition
  • Planning for contingent liabilities
  • Retaining key employees

Transactions can be structured to take advantage of tax and legal benefits. Such transactions involve a cooperative effort among the client's professional advisors. Brad works with tax advisors to structure a variety of tax-advantaged transactions.

Business Succession Planning

Succession planning is the art of structuring, documenting and implementing the transition of the ownership, control and value of your business.

Business owners need an exit strategy that will enable them to leave the operations or ownership of the business to others, whether through sale or transfer to other owners or employees. Brad structures and negotiates the sale or transition of many businesses and coordinates the transaction with other professional advisors in order to minimize tax liability.

Employee Benefits and ERISA

Brad advises clients regarding employee benefits, including deferred compensation and qualified retirement plans. He has assisted nonprofit entities, such as credit unions and governmental entities, in designing and implementing deferred compensation plans for senior management.

Professional

  • Education & AdmissionsEducation:
    • B.S. Political Science, Oregon State University, 1979
    • M.B.A., Willamette University, Atkinson Graduate School of Management, 1984
    • J.D., Willamette University College of Law, 1984
    • Adjunct Professor, Clark College, 1992-1995
    Admissions:
    • State of Oregon
    • State of Washington
    • U.S. District Court, District of Oregon
    • U.S. Tax Court
  • Memberships & Activities
    Memberships:
    • Evergreen Habitat for Humanity, Past Treasurer
    • Clark County Bar Association
    • Construction Financial Management Association
    • Greater Clark County Rotary Club, Past President 
    • Oregon Entrepreneurs Forum
    • Clark County Rotary Foundation, Past President

Publications

  • Publications
    • "Operating Legally," Score (SBA) Annual Resource Guide, 1998, 1999, 2000, 2001
    • "Selling Your Company: Issues to Consider," Vancouver Business Journal
  • Articles
    • 2012 Promises Interesting Times for Business Taxpayers
    • Washington Tax Amnesty Could Benefit Oregon Businesses
    • What to Do When the FDIC Becomes Your Lender
    • Tax Credits for ADA Remediation Efforts
    • Court Rules on Majority/Minority Shareholder Issue
    • Effective Business Succession Planning: Part III
    • Effective Business Succession Planning: Part II
    • Effective Business Succession Planning: Part I
    • Undercapitalization Means Personal Liability
    • Succession Planning in an Uncertain Economy
    • Succession Planning: 2011 May Be Your Last, Best Chance
    • Succession Planning For a Closely Held Business
    • Employee-Owned Companies: Exit Strategies
    • Government Contractors Get a 3 Percent Reprieve
    • Congress Hands Out Happy New Year Presents to the Design and Construction Industry
    • Getting Paid — Getting Difficult
    • Energy Regulations Are Heading Your Way
    • New IRS Tangible Property Regulations Change the Cost of Doing Business for Apartment Owners
    • Succession Planning for Development and Construction
    • Trending Towards Commercial Condos
    • Succession Planning for Architecture Firms
    • Succession Planning in the New Economy
    • Growing a Veterinary Practice
    • Succession Planning for a Nursery
    • Seattle-Style Income Tax Coming to a City Near You?
    • Tax Cuts, Not Tax Simplification
    • Building and Development in an Environment of Rising Interest Rates
    • Investing in Qualified Opportunity Funds
    • Qualified Opportunity Funds

Contact

  • Email: brad.eriksen@jordanramis.com
  • Ph: 503-598-5590
  • Office: 1499 SE Tech Center Pl #380
    Vancouver, WA 98683