WA Business Law Blog

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

In AMC Entertainment Holdings, Inc. v. XL Specialty Insurance Company, No. N23C-05-045 MAA CCLD, 2025 Del. Super. LEXIS 84 (Del. Super. Ct. Feb. 28, 2025), the Delaware Superior Court ruled that AMC’s stock-based settlement counts as a covered “Loss” under its Directors & Officers (“D&O”) liability insurance policy. This case shows how complex insurance coverage… Read More

If you’re running a business with multiple ventures, real estate properties, or revenue streams, you’ve probably wondered how to protect each part without forming a dozen separate LLCs. That’s where the Delaware Series LLC comes in—a flexible, cost-effective structure that’s gaining traction across the country, including in Washington. A Quick Overview: What Is a Delaware Series LLC?… Read More

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

AMC Entertainment Holdings, Inc. v. XL Specialty Insurance Company, No. N23C-05-045 MAA CCLD, 2025 Del. Super. LEXIS 84 (Del. Super. Ct. Feb. 28, 2025). In a significant ruling concerning corporate insurance policies, the Delaware Superior Court decided that AMC Entertainment Holdings, Inc.’s stock-based settlement qualifies as a covered “Loss” under its Directors & Officers (“D&O”)… Read More

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