Webinar – Deadlock Resolution Techniques In LLCs & Closely Held Corporations
September 2nd, 2021 attorney David Tingstad and law clerk Caleb Tingstad discuss Deadlock Resolution Techniques in LLCs and Closely Held Corporations. Read More
Recent News
Shotgun Buy-Sell Agreements – What Are They? Do I Need One?
The premise of the shotgun buy-sell agreement is an age-old technique that dates back far beyond its legal history. Explore this analogy with me: one piece of grandpa’s famous chocolate cake remains from a family birthday party and both you and your sibling want that cake but cannot agree on who gets what size portion.… Read More
Due Diligence And Employment Issues In Transactional Matters: The Lessons Of Clarity Capital Corp. v. Ryan, Newman, & Salish Wealth Mgmt.
In the context of a business combination—whether it is an asset purchase, stock purchase, or merger—due diligence is critical to establishing and maintaining value. A recent case from the Washington Court of Appeals (Clarity Capital Corp. v. Ryan, Newman, & Salish Wealth Mgmt.), though unpublished, highlights a couple of lessons when it comes to due… Read More
Making The Commitment To Review Your Preliminary Commitment
When purchasing a property, a buyer has a multitude of different considerations to keep in mind, such as reviewing Form 17 disclosures, addressing financing contingencies, reviewing inspections, and considering earnest money deposits, escalation clauses, and more. The list can feel endless. One of the most important documents involved in the purchase of a home, the… Read More
Can I Assign My Commercial Lease? (Part 2- Assignments By Operation Of Law)
Earlier this year, I wrote a blog post about assigning commercial leases generally. Sometimes, contractual rights or obligations get transferred without an express assignment. This can happen, for example, where a party to the contract gets acquired by someone else, or where the party’s ownership or control changes hands. An entity tenant under a commercial… Read More
Webinar – What Is A Protected Series LLC And Should I Form One?
August 5th, 2021 Attorneys David Tingstad and Eli Yim discuss what a Protected Series LLC is and why you would want to form one. Read More
Landlord’s Premises Liability To Third Parties
A possessor of real property can be liable for dangerous conditions on land which cause injury to people who enter the land. However, the legal standard of care owed by the possessor is tied to the status of the visitor. The law classifies visitors as either trespassers, licensees, or invitees. As to trespassers and licensees,… Read More
Two Common Problems With Contractor Liens In Washington State
Contractor liens are powerful tools. When contractors are not paid for their work, they may record a contractor lien (aka “materialman’s lien” or “mechanic’s lien”) against the property to ensure payment. RCW 60.04 governs the requirements for these liens. If a contractor records a proper lien against the property, RCW 60.04 allows them to foreclose… Read More
Community Living: Board Members Take Care To Exercise Your Duties
Recently, the tragic and shocking collapse of the Surfside condominium in Florida has made national headlines. This truly devastating event left many questions unanswered regarding the causes of the collapse. News reports have indicated that in the years leading up to the collapse, the Board of Directors for the condominium had become frustrated by internal… Read More
