Recent News

Carve‑Outs and Survival Periods: The Hidden Traps Inside Indemnification Clauses

Washington State Business Lawyer C. Michael Kvistad | 3/16/2026
This is Part 4 of my four‑part series on indemnification clauses. In Part 3, we looked at baskets and caps, the tools that limit when indemnity starts and how far it goes. Now we turn to carve‑outs and survival periods, two concepts that can quietly expand or extend liability. These terms often appear deep in… Read More

Baskets and Caps: How Sophisticated Contracts Control Indemnity Exposure

Washington State Business Lawyer C. Michael Kvistad | 3/9/2026
This is Part 3 of my four‑part series on indemnification clauses. In Parts 1 and 2, we covered what indemnification is, why it matters, and the red flags that show up most often in Washington contracts. Now we turn to the more advanced tools, the levers sophisticated parties use to control, limit, or allocate risk… Read More

Two Red Flags Hidden Inside Indemnification Clauses

Washington State Business Lawyer C. Michael Kvistad | 3/2/2026
This is Part 2 of my four‑part series on indemnification clauses. In Part 1, we looked at what indemnification is and why it matters; here, we focus on specific red flags I routinely see in Washington contracts. Indemnification clauses are rarely written in plain English. They’re dense, technical, and often intentionally broad. But buried inside… Read More

Indemnification Clauses: An Underestimated Risk in Washington Contracts

Washington State Business Lawyer C. Michael Kvistad | 2/24/2026
This is Part 1 of a four‑part series on indemnification clauses when buying or selling a Washington business. Indemnification clauses are one of the most powerful, and most underestimated, parts of any business contract. In Washington, they routinely determine who pays when something goes wrong, who carries the legal exposure, and how much of that… Read More

From Housing Investors to Homeowners: CTA Reporting Expands in 2026

Washington State Business Lawyer C. Michael Kvistad | 1/7/2026
Business owners and homeowners already manage a long list of responsibilities, from tax filings to ongoing maintenance. Beginning in 2026, they will face a new requirement. Certain residential real estate transfers will trigger reporting obligations under the federal Corporate Transparency Act (the “CTA”). Although the CTA’s business entity reporting rules remain on hold due to… Read More

Navigating TLPE Insurance for Middle Market M&A Deals

Washington State Business Lawyer C. Michael Kvistad | 1/7/2026
As the merger and acquisition (“M&A”) market continues to evolve, buyers and sellers in the $10 million to $100 million range are increasingly looking for ways to manage risk without slowing down the deal process. One option gaining traction is the Transactional Liability Policy Enhancement (“TLPE”). Although it serves a similar purpose as traditional representations… Read More

Typos Can Echo After Closing

Washington State Business Lawyer C. Michael Kvistad | 12/10/2025
In business transactions, buyers and sellers tend to obsess over the big issues: purchase price, financing terms, governance structures. Yet it’s often the smallest details that create the biggest headaches. One of those details? The humble Employer Identification Number (“EIN”). The Scenario Picture a deal that closes without a hitch. Documents signed, wires confirmed, champagne… Read More

The Real Work Begins After Closing

Washington State Business Lawyer C. Michael Kvistad | 12/9/2025
In mergers and acquisitions, closing day often feels like the finish line. Documents signed, wires confirmed, relief all around. But the true measure of a transaction is not taken at closing. It is in the future, when integration is underway and the deal’s value is either being realized or slipping away. The Scenario A company… Read More

Washington Entities: How Far Can Founders Go?

Washington State Business Lawyer C. Michael Kvistad | 10/30/2025
Navigating Board and Management Authority in WA Business Entities Last year, the Delaware Court of Chancery issued a decision in West Palm Beach Firefighters’ Pension Fund v. Moelis & Co. 211 A.3d 809 (Del. Ch. 2024), striking down several provisions of a stockholder agreement that gave the founder sweeping control over corporate governance. The ruling… Read More