Recent News

When a business partner wants out, things can get emotional—and messy—fast. But with the right planning and paperwork, small business owners in Washington can navigate a buyout without burning bridges or leaving legal loose ends. Whether you’re buying out a longtime friend or parting ways with a co-founder, here are four key things to get… Read More

July 10th, 2025 - In this webinar, Attorney Dexter N. Bradford discusses "What to Do After Your Business Gets Hacked." Read More

Working capital is a critical concept in the context of asset purchase and sale agreements (APAs) and stock purchase and sale agreements (SPAs), as it directly impacts the purchase price and ensures the financial stability of the acquired business during the transition. In these agreements, working capital is generally defined as the difference between current… Read More

Claims for judicial dissolution appear regularly in shareholder and LLC member disputes. Traditionally, dissolution requires the winding up of the entity’s business, the sale of its assets, and payment to all creditors, which can end successful businesses and threaten the livelihoods of owners and their employees. However, practitioners and clients frequently forget alternatives to judicial… 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

June 5th, 2025 Beresford attorney Andrew J. Tingstad discusses: Do I have a contract? What are its terms? "Battle of the Forms" Read More

Most small business owners are not familiar with the process associated with buying or selling a business. The process is comprised of four general steps: conversation, letter of intent or term sheet, contracts and closing. Conversation and Confidentiality The first step in the process is the initial conversation between the buyer and the seller, which… Read More

May 8th, 2025 Beresford Booth Attorney Eli K. Yim discusses Proposed Changes to the Estate and Capital Gains Tax in Washington State. Read More

April 10th, 2025 Beresford Booth Attorney Caleb J. Tingstad discusses Best Practices For Buying Out Business Partners Read More