Recent News

Titled - Summer Walk: Roses Titled - Summer Walk: Hydrangeas Beresford Booth is excited to share aspiring artist Eugenia Kvistad, daughter of attorney Michael Kvistad, will be sharing three of her paintings that were accepted in the upcoming exhibition “Teen Open Call” at The Gallery at Graphite Arts Center in downtown Edmonds. Do not miss… Read More

As Tegna and Sinclair Broadcasting propose a high-profile merger in the local television space, the headlines may seem distant from the day-to-day concerns of small business owners. But beneath the surface, this deal offers valuable insights for LLCs navigating ownership transitions, mergers, and strategic exits. Here are four key lessons worth considering. 1. Valuation Premiums… Read More

Valuation Vigilance: Planning the Sale of a Business with Purpose and Protection When Giorgio Armani passed away, he left behind more than a fashion empire—he left a roadmap for how to sell a business with precision. His will outlines a phased sale: a 15% stake within 18 months, followed by up to 54.9% over five… Read More

In the world of mergers and acquisitions, the asset purchase agreement (“APA”) is a cornerstone document, and seller representations and warranties are among its most scrutinized provisions. Understanding the purpose, scope, and strategic implications of these clauses is essential. What Are Representations and Warranties For? At their core, seller representations and warranties are about building… Read More

Effective October 1, 2025, Washington will begin imposing retail sales tax on a broader array of services, including digital advertising. This change, enacted through Senate Bill 5814, amends RCW 82.04.050 to expand the definition of “retail sale” to include various digital and technology-related services. What’s Covered? The amended statute encompasses digital advertising services as well… Read More

Running a business in Washington without liability protection is like sailing stormy seas without a lifeboat. Without a clear divide between your personal and business finances, you face serious financial risk. Forming a Limited Liability Company (“LLC”) creates a layer of protection that sole proprietorships simply can’t match, shielding your personal assets from business-related liabilities.… Read More

Kahn v. Warburg Pincus, LLC: A Wake-Up Call for LLC Owners On April 30, 2025, the Delaware Court of Chancery issued a decision in Kahn v. Warburg Pincus, LLC, C.A. No. 2024-0523-LWW (April 30, 2025). The case highlights how powerful LLC Agreements can be—and how majority members can use them to shape deals in their… Read More

In AMC Entertainment Holdings, Inc. v. XL Specialty Insurance Company, No. N23C-05-045 MAA CCLD, 2025 Del. Super. LEXIS 84 (Del. Super. Ct. Feb. 28, 2025), the Delaware Superior Court ruled that AMC’s stock-based settlement counts as a covered “Loss” under its Directors & Officers (“D&O”) liability insurance policy. This case shows how complex insurance coverage can… Read More