Recent News

5 Steps To Avoid Business Divorce

BeresfordBooth | 10/31/2011
A common failure of many businesses is the “business divorce”. When shareholders, partners or members can no longer get along, the business fails. In an effort to avoid a “business divorce” five steps should be followed: 1) establish the expectations of the parties; 2) measure performance; 3) identify the consequences of failure; 4) establish dispute… Read More

LLCs Must Be Represented By A Lawyer In Court

BeresfordBooth | 10/31/2011
In two recent Court of Appeals decisions, two different courts have ruled that limited liability companies in Washington must be represented by an attorney. In the both the Marina Condo Association and Dutch Village Mall LLC cases Washington’s Courts of Appeal have ruled that an LLC must be represented by a lawyer in litigation and… Read More

Conduct Your Annual Shareholder Meeting

BeresfordBooth | 10/31/2011
Small and closely held corporations routinely neglect to maintain corporate formalities such as conducting an annual shareholder meeting. An annual shareholder meeting is required by the Washington Business Corporation Act. Many times annual meetings are not held simply because the owners of the business lack the experience necessary to conduct a satisfactory shareholder meeting. Many… Read More