About - Thomas M. Madden - Principal Attorney
Areas of Practice
- Close Corporation Legal Counsel
- Commercial Mediation
- Corporate Governance Advising
- Securities Arbitration
* Please note that contacting us does not form or constitute an attorney-client relationship
Tom counsels closely held businesses on a variety of contract, finance, shareholder, and general governance issues. He has a deep background in commercial, public, and private finance. With extensive experience in shareholder transactions and disputes, Tom is regularly involved in related derivative litigation and majority-minority shareholder negotiations, as well as commercial mediation.
Tom teaches Contract Law and Law & Strategy at Northeastern University School of Law in Boston and has taught courses in business law, business ethics, and securities law at Providence College’s School of Business and Roger Williams University School of Law. His academic work informs approaches used in LSA advising.
Having mediated for the Rhode Island Superior Court and completed a 30 hour training course at the NY City Bar, Tom is qualified to mediate in NY courts and is undertaking more commercial mediation work as a more efficient way to resolve conflict - especially in close corporations and family businesses.
Following his graduation from Northwestern University School of Law in 1989, Tom began his legal career in corporate and securities law in New York with Donovan, Leisure, Newton & Irvine and later was associated with the New York law office of Jones Day. While in New York, Tom also earned an M.A. in Politics from NYU. Tom served as the Honorable Ronald R. LaGueux’s first summer clerk in Rhode Island's Federal District Court.
Prior to forming Law and Strategy Advisors, Tom practiced law in New York, Massachusetts, and Rhode Island, concentrating on business organizations, transactions, and finance. Tom has worked with start-up software businesses, closely-held service providers, local and regional financial institutions, a national medical technology concern, and a privately held international conglomerate.
An arbitrator for FINRA, Tom is expert in securities, corporate, and contract law and is expanding his commercial mediation practice on these topics.
Trinity College (CT), B.A. (with Interdisciplinary Honors)
Northwestern University School of Law, J.D.
New York University, M.A.
Massachusetts; Rhode Island; New York
Professional Memberships & Honors
Rhode Island Bar Association, Elected Delegate, Annual Meeting Committee, CLE Committee Boston Bar Association, Mergers & Acquisitions Committee
New England Association for Conflict Resolution, Member
Rhode Island Mediators Association, Member
American Bar Association, Sections on Business Law, Intellectual Property and International Law
Central Rhode Island Chamber of Commerce, Chairman of the Board 2009-2010, Chair-Elect 2007-2008, Director 2001-2011
Greater Providence Chamber of Commerce, Federal Affairs Committee
Tech Collective, (RITEC), Member
Brown Forum for Enterprise, Member
Rhode Island Chamber of Commerce Coalition, Member, Chair 2006-2008
Rotary Club of Providence, Program Chair 2007, Director 2008
Leadership Rhode Island Alumni Committee, Chair 2006-2008
Trinity College Club of Rhode Island, President
Governor's appointee to State Health Services Council, 2007-2014
Turn Around Management Association, Northeast Chapter
Authored Articles / Publications
Significance and the Materiality Tautology, 10 J. Bus. & Tech. L. (2015)
Apologizing at Community Hospital, Giving Voice to Values, Babson (2013)
Do Fiduciary Duties of Managers and Members of Limited Liability Companies Exist as with Minority Shareholders of Closely Held Corporations, 12 Duquesne Bus. L.J. 211 (Summer 2010)
O'Hagan, 10b5-2, Relationships and Duties, 4 Hastings Bus. L. J. 55 (Winter 2008)
Identity Confusion and the Close Corporation: Do Corporate Formalities Matter, 54 RI Bar Journal 5 (November/December 2005)
Fair Value and the Closely Held Corporation, 51 RI Bar Journal 25 (September/October 2002)
International Trade Law Streaming Media Module for the Rhode Island Export Assistance Center (2002)
Oppression of Minority Shareholder Rights in Closely Held Corporations, 50 RI Bar Journal 19 (March/April 2002)
Causation in Private Civil Actions by Minority Shareholders Under Proxy Provisions of Section 14(a) of the Securities Exchange Act of 1934 (15 U.S.C.A. Section 78N(A)) and Securities
Exchange Act Rules Thereunder -- PostVirginia Bankshares, 137 A.L.R. Fed. 293 (1997)
Exempt Securities -- Federal Regulation of Securities Annotated, Ch. 3 (1996)