5 Steps To Avoid Business Divorce

October 31, 2011 at 12:55 pm | Latest News | No comment | By David Tingstad

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 resolution procedures in advance of the “divorce”; and 5) establish outstanding communication between the owners.

 Beresford Booth lawyers represent small to mid-size businesses and routinely help our clients work through the steps above to avoid business failure. Contact us today.

LLCs Must Be Represented By A Lawyer In Court

October 31, 2011 at 12:53 pm | Latest News | No comment | By David Tingstad

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 pro se representation was not allowed.

 Beresford Booth lawyers regularly represent corporations and limited liability companies in all facets of litigation. Contact one of our lawyers today for practical, creative and timely legal representation.

Conduct Your Annual Shareholder Meeting

October 31, 2011 at 12:46 pm | Latest News | No comment | By David Tingstad

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 procedural requirements are required to conduct a shareholder meeting including proper notice and scheduling of the meeting.

 Beresford Booth lawyers regularly conduct annual shareholder meetings for small or closely held corporations. We would be happy to help you with yours today.