Steven M. Egesdal - Carlsmith Ball LLP

Steven M. Egesdal

Listed in Best Lawyers since 2011

Steve Egesdal is a partner in the firm's Honolulu office and is a member of the Corporate & Business Practice Group. He concentrates his practice on business structure and operations. Steve has assisted a wide variety of business entities in the formation, acquisition, operation, reorganization, and dissolution of corporations, partnerships, limited liability companies, limited liability partnerships and limited liability limited partnerships. He also has extensive litigation experience, and draws on that experience in advising business entities and drafting documents to reduce the risk of litigation.  He was selected by attorney peers for inclusion in The Best Lawyers in America 2016 for Business Organizations (including LLCs and Partnerships), Commercial Litigation and Corporate Law.  He has been listed in the publication since 2011.

Representative Matters

Limited Liability Entities Represented family-held business entities in creating ownership and operational structures to meet control and estate planning objectives with limited liability. Since the LLC Act was enacted in 1997, has helped to organize more than 100 Hawai`i and Delaware LLCs and LLPs, and to convert Hawai`i and foreign general or limited partnerships into Hawai`i LLCs or Delaware LLCs (or LLPs).

Private Placements for Start Up and Emerging Growth CompaniesRepresented company selling properties with a condominium hotel with securities issues; represented several companies raising capital for land development on Maui and the Big Island (Regulation D offerings); represented start-up on Maui developing canine cancer treatment with private offering seeking Act 221/215 investment; represented hi-tech aqua-culture firm on Maui with structuring Act 221/215 investment; represented company developing Hawaii's first electronic newspaper with private placement to raise funds (Regulation D offering); represented entrepreneurs in organizing Hawai`i LLC and raising over $13 million in venture capital for hi tech fishing enterprise (Regulation D offering); represented Hawai`i e-commerce company in restructuring as Delaware corporation and raising private placement funds; represented entrepreneurs developing Internet security software to organize as Delaware corporation and raise capital (Regulation D offering).

Stock and Asset Sales Represented buyers or sellers of stock, partnership interests, membership interests, or assets of entities involved in such diverse businesses as banking, land development companies, macadamia nut processor, automobile dealerships, clothing manufacturing, crane and rigging operation, dental supply distribution, bottled water, foreign language school, resort hotel, and pharmacies.

Shareholder and Board Disputes Represented majority and minority shareholders of closely held corporations in disputes involving majority shareholders' compensation, pursuit of corporate opportunities, rejection of acquisition offers, disputes over buy-sell provisions, control issues, cumulative voting for directors and similar matters.

Large Trusts Represented large private testamentary trusts in termination planning and design of post-termination structure and in drafting operating agreements for LLC used as termination vehicle for beneficiaries. Represented large testamentary trust in forming LLC to purchase property in Canada as part of its diversification of assets. Represented large testamentary trust against charges by the Internal Revenue Service alleging under valuation of property.

Public Company Representation Provided SEC advice on acquisitions, periodic reporting, disclosure obligations, securities registration, intrastate offerings, and private placements, restricted securities, going private transactions, the Hawai`i Control Share Acquisition Act, and takeover defenses.

No Action Letters Represented business entities in obtaining no action letter from the Hawai`i securities commission concerning various registration issues under Hawaii securities law.

Franchises Represented clients in advising on federal and state franchise law, including drafting a Franchise Agreement and Federal Disclosure Document for a fast food restaurant, helping to extricate a Hawaii resident from a bad franchise situation, and helping a Hawai`i resident to organize as a Hawai`i LLC to obtain and operate an ice cream franchise; represented Hawai`i entrepreneurs launching franchises outside of Hawai`i.

Bank Holding Company Represented Hawai`i bank holding company in federal and state security and corporate issues concerning a tender offer and going private transaction effected through a reverse stock split.


  • Steven M. Egesdal, M. Terry Thompson and Mandy Jimmie, Thompson River Salish Speech, Whatcom Museum Publication No. 22, 2011.
  • Steven M. Egesdal, Shares and Distributions in Corporations Manual(Greg R. Kim, ed., HSBA, 2011).
  • Charles A. Sweet and Steven M. Egesdal, Federal and State Securities Laws in Corporations Manual (Greg R. Kim, ed., HSBA, 2011).
  • M. Terry Thompson & Steven M. Egesdal, Salish Myths and Legends: One People's Stories (2008).
  • Steven M. Egesdal & Craig P. Wagnild (eds.), Hawai`i Business Forms Manual (HSBA, 2007).
  • Steve is a regular speaker on choice of entity and limited liability companies, including for the HSBA and NBI.


  • Honolulu Magazine's  Best Lawyers in Hawai`i for 2011, Corporate Law
  • Selected by attorney peers for inclusion in The Best Lawyers in America 2016 for Business Organizations (including LLCs and Partnerships), Commercial Litigation and Corporate Law; he has been listed in the publication since 2011
  • Selected for inclusion in Super Lawyers 2015, for Business/Corporate, Business Litigation, and Alternative Dispute Resolution; listed since 2010


  • Hawai`i State Bar Association
  • Treasurer, Business Law Section, Hawai`i State Bar Association, 2007-2008
  • President, Business Law Section, Hawai`i State Bar Association, 2009
  • Lecturer, Contract Drafting, William S. Richardson School of Law, University of Hawai`i at Manoa, 2011
  • American Bar Association

University of Hawaii at ManoaPh.D. Georgetown University Law CenterUniversity of Minnesota

Office Location

1001 Bishop Street, Suite 2100
Honolulu, HI 96813
United States

Lawyer of the Year Awards

2013 Lawyer of the Year in Business Organizations (including LLCs and Partnerships) of the Honolulu Metro Area
Steven M. Egesdal has earned a Lawyer of the Year award for 2013!

Practice Areas

Business Organizations (including LLCs and Partnerships)
Commercial Litigation
Corporate Law

Other Information

Gender: Male