“I want him out.” “I want her gone.” I hear this a lot from clients. They co-own a limited liability company (an “LLC”) with another person or another couple, and things just aren’t working out. They have equal voting power, or decisions require unanimous votes, and each side has a different, strongly-held opinion about how […]
It’s an exciting moment. You’ve finally decided to do it. You and your friends are going to form a limited liability company and start your own business. You’ve put a lot of thought into this, crunched the numbers, and weighed the risks. It’s time. Once that decision is made, delays become painful. You’re ready now. […]
“Let me tell you what I did….” Nothing scares me more than hearing this from a client. I know that’s not the case for all of my fellow attorneys. In fact, I’m sure that it’s a litigator’s favorite phrase. For me, a transactional guy, however, it usually means trouble. Let’s face it, some things are […]
Many families establish Family Limited Partnerships (FLPs) or Limited Liability Companies (LLCs) and then gift interests in these entities to their children. In doing so, they take advantage of valuation discounts (discounts for the lack of marketability of a family-controlled entity and for minority interests), and pass significantly more value than could be claimed for […]
Earlier this year, somebody at the Food and Drug Administration was tasked with reviewing Kim Kardashian’s social media posts to determine whether they were false or misleading.
Non compete agreements (NCA), confidentiality agreements, and trade secrets practices are under attack in many states and Amazon’s recent lawsuit to enforce its NCA will tell us much about how the Washington courts will view the claims.
The final Supreme Court opinion of the term held that forcing closely held, for-profit corporations to pay for contraception is a violation of their sincerely held religious beliefs and is illegal under federal law under Hobby Lobby v. Sebelius.
Governor Jay Inslee has signed in to law a bill that assures state employees (and public school students) two days off per calendar years for religious holiday. Our business clients, particularly those with heavy weekend and holiday need, may wish to anticipate similar requests being made to them as well for unpaid holidays as a “reasonable accommodation” for religious practices.
Lauren Parris Watts reviewed the implementation of the newly passed Seattle $15 Minimum Wage Ordinance at the latest Helsell Fetterman Employment Law Breakfast on June 3. We promised to keep out attendees informed about ongoing developments on this issue. The following is a quick rundown of the known challenges to the Ordinance.
Business owners often ask me if they should “trademark” the name of their business. The good news for many of them is that they already have a trademark. There is no such thing as “trademarking” your company’s name. When you choose a name under which you will provide a particular good or service, you are adopting a trademark. In the U.S., you obtain rights in that trademark by using the mark in commerce in connection with the sale of goods or services. You do not have to register your trademark to have rights in it.