Benefit Company Law

Tonkon Torp’s Benefit Company lawyers help organizations formally adopt governing documents that include commitment to a triple bottom line of social responsibility, economic prosperity, and environmental stewardship.

Under Oregon law, Benefit Company registration allows business owners to include in their company’s governing documents a commitment to provide a positive impact on society and the environment as primary business purposes.

Overview

Benefit Company status comes with expanded duties for directors, officers, and managers, and requires specific documentation regarding the purpose, accountability, and transparency of the organization. We’re particularly well positioned to assist our clients in these matters. Tonkon Torp corporate lawyer Jeff Cronn worked with a team of lawyers and legislators to craft the Oregon Benefit Company legislation, and attorney Justin Denton helped Rogue Creamery become the first Oregon business to register as a Benefit Company.

Our attorneys guide clients on what it means to become a Benefit Company and how to operate as one. We assist in preparing and filing appropriate charter documents with the State of Oregon, select a third-party standard to measure positive impact, and help with the publication of an annual benefit report. We also advise clients on potential exposure associated with Benefit Company status, whether due to complaints from customers, shareholder activists, the community, securities regulators, or others.

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Litigation Paralegal
Larissa
Stec
503.802.2148
larissa.stec@tonkon.com
Partner
Jon
Stride
503.802.2034
jon.stride@tonkon.com
Partner
Dallas
Thomsen
503.802.2133
dallas.thomsen@tonkon.com
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Rachel
Timmins
503.802.2150
rachel.timmins@tonkon.com
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Alex
Tinker
503.802.5734
alex.tinker@tonkon.com
Litigation Paralegal
Amanda
Ulrich-Twiggs
503.802.2106
amanda.ulrich-twiggs@tonkon.com
Of Counsel
Joseph
Voboril
503.802.2009
joe.voboril@tonkon.com
Litigation Paralegal
Skylar
Washabaugh
503.802.2093
skylar.washabaugh@tonkon.com
3561
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Michele
Wasson
503.802.2111
michele.wasson@tonkon.com
3549
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Frank
Weiss
503.802.2051
frank.weiss@tonkon.com
3539, 3541, 3551
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Steven
Wilker
503.802.2040
steven.wilker@tonkon.com
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Michael
Willes
503.802.5737
michael.willes@tonkon.com
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Lindsay
Willson
503.802.5751
lindsay.willson@tonkon.com
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Jeffrey
Woodcox
503.802.2039
jeffrey.woodcox@tonkon.com
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Zachary
Wright
503.802.2041
zach.wright@tonkon.com
Immigration Paralegal
Roger
Wykes
503.802.2096
roger.wykes@tonkon.com

Featured Work

Tonkon Torp Helps Create Oregon Benefit Companies

Tonkon Torp client Rogue Creamery became the first Oregon enterprise to become a Benefit Company on January 1, 2014, the date Oregon’s new law went into effect. Find details and more featured cases here.

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We encourage you to contact us if you have further questions about our firm or our experience. For your protection, we cannot represent you until we know that doing so will not create a conflict of interest. Accordingly, please do not send us any confidential or secret information about any matter that may involve you until you receive a written statement from us that we represent you (an engagement letter).

If after browsing this web site you are unsure which lawyer you should contact, please call us at 503.221.1440.