Recent News

Litigation Paralegal

BeresfordBooth | 9/23/2021
Beresford Booth is a full-service law firm located in Edmonds with clients ranging from small start-up companies to families to growing businesses. We are seeking a full-time litigation paralegal with at least two (2) years of Superior Court and/or Federal Court experience. The position requires performance of substantive legal support work requiring sufficient knowledge of… Read More

Selling Investment Real Estate In Washington State? Consider a 1031 Exchange Into a DST (Delaware Statutory Trust)

Washington State Business & Real Estate Lawyer William O. Kessler | 9/22/2021
Real estate attracts investors for many reasons, including tax advantages. Upon sale of investment real property, you are subject to capital gains tax. However, you may delay payment of that tax by quickly purchasing new real estate (a “replacement” property) after the sale of the original property. Section 1031 of the Internal Revenue Code sets… Read More

Remedies For Failure To Contribute Capital

Washington State Business and Real Estate Lawyer David C. Tingstad | 9/22/2021
Every business needs capital, so what happens when members form an LLC and promise to contribute capital but fail to follow through?  The breach of such a promise is foreseeable, so plan for it. Consider drafting provisions in an LLC Agreement that outline remedies when a member breaches their promise to contribute. Our discussion this… Read More

Biden’s Vaccination Plan, And What Employers Should Expect

The Lawyers at Beresford Booth | 9/15/2021
UPDATE: On October 12, 2021, OSHA provided President Biden with a draft of the emergency temporary standard that is referenced below.  It is expected that the White House will review this standard shortly, and if approved, it will be published to the Federal Register.  Washington has its own OSHA-approved occupational safety and health plan administered… Read More

Shotgun Buy-Sell Agreements – What Are They? Do I Need One?

Washington State Business and Real Estate Lawyer David C. Tingstad | 9/1/2021
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

When The Insurer Won’t Settle A Third Party Claim, Consider A Covenant Judgment

Washington State Litigation and Real Estate Law Lawyer Andrew M. McKenzie | 9/1/2021
Sometimes a defendant in a lawsuit has insurance to cover some or all of the potential damages alleged.  Most of the time in those circumstances after the insurer agrees to defend on the insured’s behalf, the insurer hires counsel to represent the insured.  While this may provide some assurance to the insured, the insured can… Read More