Recent News

This post compares the limited liability company (“LLC” – RCW 25.15) and limited liability partnership (“LLP” – RCW 25.05.500). LLC The LLC is perhaps the youngest and most popular entity of choice for entrepreneurs looking to start their business. An LLC combines tax and management flexibility with a liability shield for members. Nevertheless, there are… Read More

The City of Seattle, through its Office of Economic Development (OED), has announced a second round of grants for the Seattle Small Business Stabilization Fund, allocating an additional $5.2 million to assist small businesses impacted by COVID-19.  This more than doubles the amount that the City of Seattle invested into the first round of funding,… Read More

Real estate purchase and sale agreements range from the simple to the highly complex.  In most circumstances, the buyer deposits some amount of earnest money to show their good faith and commitment to performing under the contract.  Depending upon the language of the purchase contract, a typical consequence of the buyer defaulting is forfeiture of… Read More

This week’s post continues the discussion from last week about successor liability through the lens of Maple Valley Park Place, LLC v. Tax Resource Centers, Inc., No. 78832-9-I, 2020 WL 1853575 (Wn. App. Apr. 13, 2020). In Maple Valley, the dispute on appeal surrounded MVPP’s attempt to pierce the corporate veil and pin the sole… Read More

The lis pendens is a document you can record to encumber the title of real property. Once a party records a lis pendens, the landowner cannot pass clear title to the property. This means a title insurance company cannot write a clear policy of title insurance with the lis pendens in place, and a regular… Read More

For businesses who received a Payroll Protection Program (PPP) loan, it may be time to submit applications for loan forgiveness. The Small Business Administration (SBA) has provided application forms designed to make it easier for businesses to apply for forgiveness, which I have written about here. Despite these resources, the forgiveness application process may still… Read More

Maple Valley Park Place, LLC v. Tax Resource Centers, Inc., No. 78832-9-I, 2020 WL 1853575 (Wn. App. Apr. 13, 2020) highlights Washington courts’ reluctance to permit creditors to pursue individuals for corporate debts. The Dispute Maple Valley Park Place, LLC (“MVPP”) owns and operates certain office space in Maple Valley. Northwest Tax Specialists, Inc. (“NTS”)… Read More

The Economic Alliance Snohomish County (“EASC”) recently announced a second round of its Coronavirus grant program to help relieve those small businesses specifically based in the Snohomish-County-area. The EASC is administering $580,000 of federal Coronavirus Aid, Relief and Economic Security (CARES) Act funding for the grant program.  With a maximum grant of $10,000, small businesses… Read More

Pediatric healthcare and “joint” healthcare provisions in court orders and parenting plans. You are a pediatric healthcare provider. That means you have been - or will be -  dragged into disputes between parents when they cannot agree on the best medical strategy for their children. It is important to keep a clear delineation between your… Read More