Thomas M. Madden

Of Counsel

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(401) 272-8080/Ext. 249

Areas of Practice

Business and Corporate Law
Commercial Finance

Experience

Tom counsels for profit and not for profit businesses on a variety of contract, real property, intellectual property and general governance issues.  He represents both lenders and borrowers in commercial finance transactions, with a particular expertise in SBA 504 asset backed lending for which he is an SBA designated closing counsel. With a significant background in shareholder disputes, Tom is at times involved in related derivative litigation and majority-minority shareholder negotiations.

Following his graduation from Northwestern University School of Law in 1989, Tom began his legal career in business and corporate law in New York City with Donovan, Leisure, Newton & Irvine and later was associated with Jones, Day, Reavis & Pogue. While in New York, Tom also earned an M.A. in Politics from NYU.

For seven years Tom practiced law in Providence as principal of The Madden Law Firm, P.C. concentrating on business organizations, finance, acquisitions and dispositions, as well as trademark, copyright, intellectual property/licensing transactions, commercial leases and employment matters. Tom has worked with start-up software businesses, closely-held service providers, local and regional financial institutions, and a national medical technology concern. He has further experience with software licensing negotiation and agreements, web development contracts, copyright and trademark issues and registration. He also has experience with employment and consulting agreements and employee policies and practices.

Throughout his career Tom has assumed a number of leadership positions in the Bar and has presented numerous seminars relative to business law. With experience in business start-ups, corporate transactions, business and public finance, securities law and nonprofit organizations law, Tom continues to work with a wide range of public and private clients.

Education

B.A., Trinity College, 1986, with Interdisciplinary Honors
J.D., Northwestern University School of Law, 1989
M.A., New York University, 1996

Bar Memberships

Rhode Island (2000)
Massachusetts (2007)
New York (1990)

Professional Memberships & Honors 

Rhode Island Bar Association, Elected Delegate, Annual Meeting Committee

Boston Bar Association, Mergers & Acquisitions Committee

American Bar Association, Sections on Business Law, Intellectual Property and International Law

Central Rhode Island Chamber of Commerce, Chairman of the Board 2009-2010; Director 2001-present

Greater Providence Chamber of Commerce

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

Trinity College Club of Rhode Island, President

Governor's appointee to State Health Services Council, 2007

Authored Articles/Publications

O'Hagan, 10b5-2, Relationships and Duties (4 Hastings Business Law Journal 55, Winter 2008)

Identity Confusion and the Close Corporation: Do Corporate Formalities Matter? Vol. 54 No. 3, Rhode Island Bar Journal (November/December 2005)

Fair Value and the Closely Held Corporation, Vol. 51, No. 2, Rhode Island Bar Journal (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, Vol. 50, No. 4, Rhode Island Bar Journal (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 -- Post Virginia Bankshares, 137 A.L.R. Fed. 293 (1997)

Exempt Securities -- Federal Regulation of Securities Annotated, Ch. 3 (1996)

Seminars

The Anatomy of the Melt Down of the Closely Held Corporation, RI Bar Association Annual Meeting, June 2009

Employment Law Update, Sterling Education Services, Inc., February 2009

Commercial and Real Estate Loan Documents: More Than Just Papers for Lorman Education Services at the Providence, RI Radisson, August 2008

Affordable Small Business Lending, for the Central RI Chamber of Commerce at Twenty Water Street, East Greenwich, January 30, 2008

What Every SBA Lender Should Know... at the SBA America East Conference, Newport, RI, August 2007

Financing the Small or Emerging Business at the Rhode Island Bar Association Annual Meeting, June 2007

Recent Developments in Employment Law for Sterling Education Services at the Providence, RI Marriott, September 2006

An Overview of Intellectual Property Law for the Tech Collective Bio Group at the Tiverton Incubator, October 2005