Overview

About Kris

Kris Ormseth helps clients succeed with their most important transactions. His practical nature, creative problem-solving, years of experience and calmness under pressure help clients achieve positive results in challenging situations. Kris has received numerous awards and rankings as a Corporate and M&A attorney – including 15 consecutive years in Best Lawyers and its 2021 “Corporate Lawyer of the Year” in Boise – because he is effective. He listens well. He has an intuitive understanding of what business clients want. With strong interpersonal skills, he quickly builds rapport and respect on both sides of the negotiating table. Most of all, his fanatic focus on what actually matters to his clients helps cut through distractions and navigate to success.

Kris also serves as outside general counsel for many successful businesses. His practical nature and years of experience both as a corporate lawyer and in hands-on management positions prior to Stoel Rives give him a unique skill set to excel in that role. Kris loves to help business owners craft efficient and effective solutions to their legal challenges.
 

A client calls Krisan excellent negotiator” and another says he “does a fantastic job of thinking through complex issues without over-complicating things.” A third client says he is “highly professional and a superb adviser on both business and legal issues. He’s got an exceptional mind I am always glad when I follow his advice.”
 - Chambers USA        


Kris’s skills and experience have led him to several leadership positions. He served as chair of the Boise Metro Chamber of Commerce, the Women’s and Children’s Alliance, and the Business & Corporate Law section of the Idaho State Bar. Kris was managing partner of the Boise office of Stoel Rives from 2003 to 2009 and from 2012 to 2015.

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Experience

Experience

Kris focuses his practice on mergers and acquisitions, LLC agreements and joint ventures, private equity investments and financings, business succession planning, shareholder agreements and other corporate governance matters, and general business advice. He has extensive experience on a wide range of legal and business issues, including advising boards of directors and assisting distressed companies in workout and restructuring transactions. His clients span a range of industries, including agribusiness, energy, technology, health care, manufacturing, real estate development, and financial services.

Agribusiness

  • Represented the country’s leading supplier of shelf-stable potatoes and beans in the acquisition of two potato processing facilities and related assets in Blackfoot, Idaho.
  • Represented national food processing company in acquisition of innovative processing line and intellectual property.
  • Advised founder of bovine health monitor technology on various corporate matters.
  • Advised food manufacturer in recapitalization and private equity raise.

Energy

  • Represented solar developer in sale of 80MW project to affiliate of a global solar panel manufacturer.
  • Led legal transaction team on sale of 120MW solar generating facility in Southern Idaho.
  • Represented wind farm developer on sale of wind farm operation and long-term property lease.
  • Represented landowner on sale of wind farm real property.

Development and Natural Resources

  • Represented real estate developer in Reg D offering for residential condominium development in downtown Boise.
  • Advised real estate developer on structuring joint venture and equity raise for historic redevelopment.
  • Represented private equity concern with respect to management transition in midstream oil and gas company.
  • Worked with management of oil and gas company to develop new employee incentive program and revised LLC agreement.
  • Represented large Idaho home builder in sale to national firm.
  • Represented major construction company in developing employee stock purchase program.
  • Represented contractor in ownership succession issues.
  • Advised parent company on sale of ski resort and related assets.
  • Represented major hospital system in structuring real estate ownership joint venture.
  • Represented homeowner group in sale of key resort assets to new developer.

Healthcare

  • Advised private equity concern on investment in integrated health care provider.
  • Represented healthcare technology company in negotiating and documenting numerous SaaS licenses.
  • Advised healthcare software developer in structuring and documenting reseller agreement with large national enterprise.
  • Represented healthcare software company in Series B raise among existing and strategic investors.
  • Advised major hospital system on governance and transactional issues.

Financial and Professional Services

  • Advised successful financial services firm in developing new shareholder agreement.
  • Developed ownership succession model and documentation for professional services firm.
  • Represented leading attorney in dissolving existing partnership and establishing new firm.
  • Represented financial advisors in corporate governance and LLC agreement matters.
  • Represented pioneer pet insurance business in acquisition by leading financial services institution.

Manufacturing and Other

  • Advised next generation family members on ownership transition and governance issues for family-owned business.
  • Represented tool and die manufacturer in sale of assets.
  • Represented manufacturer in sale of significant equipment manufacturing division.
  • Advised retailer on sale of real property assets and shareholder recapitalization plan.
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Honors

Honors & Activities

Professional Honors and Activities

  • Named by Best Lawyers® as Corporate Law “Lawyer of the Year,” Boise, 2014, 2018 and 2021; and Mergers & Acquisitions Law “Lawyer of the Year,” Boise, 2017 and 2019
  • Included in The Best Lawyers in America© (currently: Corporate Law, Mergers & Acquisitions Law), 2006–2021
  • Named one of Idaho’s Leaders in the Law by Idaho Business Review, 2013
  • Selected as one of “America’s Leading Lawyers for Business” (Idaho) by Chambers USA (currently: Corporate/Commercial), 2004–2020
  • Listed in Mountain States Super Lawyers® (Corporate, Mergers & Acquisitions, Securities), 2007–2010, 2013–2020
  • Past Chair, Idaho State Bar, Business & Corporate Law Section

Civic Activities

  • Chair, Boise Metro Chamber of Commerce, 2015
  • Board of Directors, 2005-present, President, 2010, Women’s and Children’s Alliance
  • Board of Directors and Executive Committee, Treasure Valley YMCA
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Insights & Presentations

Insights & Presentations

  • Presenter, Pacific Northwest Regional State Tax Seminar, Boise, Idaho, Nov. 10, 2017
  • “Crisis Management: Planning for Response and Communication in a Crisis Event” (presenter), Best Practice Club, ACC Association of Corporate Counsel, Mountain West Chapter, Boise, Idaho, May 15, 2012
  • “Negotiation Strategies and Tactics” (presenter), Best Practice Club, ACC Association of Corporate Counsel, Mountain West Chapter, Boise, Idaho, April 22, 2011



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