Michael A Stout

With over 40 years of combined practical experience in business and real court room experience, Mike Stout, assists with startups, established businesses, developers, manufacturers, general contractors, subcontractors, and suppliers to improve their business practices and provides solutions to any adversarial issue.  Mike’s unique, practical, real business experience and extensive legal experience in business formation, contract drafting, stakeholder disputes, mediation, arbitration and litigation has proven to be invaluable in the representation of his clients.

Prior to admission to the Utah State bar, Mike actively operated several manufacturing and construction businesses for over 15 years. Mike was a licensed Utah State contractor.  Mike’s leadership abilities, work ethic, dedication and employee morale advanced him into management positions at an early age and eventually he became the sole owner of his father’s business. Mike’s significant exposure and knowledge of commercial business transactions and the manufacturing and construction industries enables him to draw upon years of practical experience to solve everyday legal and business issues and to provide real world solutions.  Mike also draws upon his vast professional network of accountants, financial planners and other attorneys to assist him when needed to advise his clients appropriately.

Mike graduated from the University of Utah with a degree in political science.  He earned his Jurist Doctorate Degree from the University of Utah. Mike has been a member of the Utah State Bar since 1998 and is admitted to practice in all Utah State courts and the United States District Court for Utah.  Mike has been admitted on a case-by-case basis in other states when needed to assist his clients.  Mike's currently law firm is Colemere Gibbs & Stout, PLLC, which was most recently known as Reed Warlaumont & Stout.

Currently, Mike’s clients range from one member startup companies to well-established companies with close to a billion dollars a year in gross revenue.  Mike’s representation of various industries allows him to successfully meet his clients’ needs regardless of their profession or trade.  Mike’s clients include land developers, general contractors, subcontractors, national and regional construction material suppliers, and international equipment manufacturers.

Mike is active in his community.  He has previously worked extensively with the Utah State Bar’s Tuesday Night Bar, and still makes time to participate when requested.  Mike has served on the Annual Fund Raising Committee for Channing Hall, a Draper Utah based Charter School.  When he is not working on client matters or in his community, Mike enjoys spending time with his family hiking, RVing, traveling, and attending Real Salt Lake soccer games.

Areas of Emphasis:

• Assisting with land acquisition and development
• Preparing Real Estate Purchase Contracts
• Protecting Contractor’s, Subcontractor’s and Supplier’s Lien/Bond Rights
• Organizing Business Entities and Preparing Operating/Shareholder Agreements and By-Laws
• Contract Formation and Negotiation, including Buy-Sell, Licensing, and Simple and Complex Lease Agreements
• Resolving and Litigating member/shareholder disputes
• General Commercial Litigation and Arbitration