WA Business Law Blog

After all the back and forth, finally, the Corporate Transparency Act (“CTA”) ping pong match is over. On March 26, 2025, the US Department of Treasury, along with the Financial Crimes Enforcement Network (“FinCEN”), published their interim rule solidifying CTA compliance obligations on the Federal Register (found here) (the “Interim Rule”). The Interim Rule provides… Read More

Deeds are an essential part of buying, selling, or otherwise transferring real estate. They are legal documents that facilitate the transfer of property ownership. In Washington, there are three primary types of deeds: the statutory warranty deed, bargain and sale deed, and quitclaim deed. Each type of deed carries different levels of protection for the… Read More

As a business owner, discovering that your partner is stealing from your company can be devastating. Not only does it jeopardize your financial interests, but it also threatens the stability and future of the business you've worked so hard to build. If you're in this difficult situation, it’s critical to take swift and decisive action.… Read More

On March 2, 2025, the U.S. Treasury Department (the “Treasury Department”) issued a press release announcing that, with respect to the Corporate Transparency Act (“CTA”), it will “not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing regulatory deadlines.” Furthermore, the Treasury Department stated it will “not enforce… Read More

In a recent opinion, the Washington Court of Appeals reminds litigants and their counsel that the provisions of the parties’ LLC Agreement remains of paramount importance. In Newcomer v. Est. of Cohen, No. 86612-5-I, 2024 Wash. App. LEXIS 2169, (Ct. App. Oct. 28, 2024), the Court addressed a rarely reviewed issue: What remedies do LLC… Read More

Amidst all the judicial back and forth regarding Corporate Transparency Act (“CTA”) compliance, we may finally have some certainty. As of February 18, 2025, CTA compliance is now mandatory. The lone remaining question is “when do I have to report?” Summary of CTA Litigation Results – Texas Top Cop Shop and Smith Texas Top Cop… Read More

Navigating the world of insurance can be tough. But having adequate coverage isn’t just a good idea—it’s essential for protecting your investment and financial health. Even if your investment or rental property is in an LLC (which I could not more highly recommend), having sufficient property and liability insurance is key. Think of insurance as… Read More

In December 2024, the Washington Court of Appeals addressed the scope of remedies available to shareholders who dissent to a merger. The case of Pipe Fitters Local Union 120 Pension Plan v. McFarlane, No. 85541-7-I, 2024 Wash. App. LEXIS 2365 (Wash. Ct. App. 2024),interprets what claims dissenting shareholders can make under the Washington Business Corporation Act… Read More

In the state of Washington, converting an entity from one type of entity to another is a relatively new concept. At one time, to change an entity into another form of entity required the formation of a second entity (the entity intended to be the final, resulting entity), then merging the existing entity into the… Read More