Categories
Agreements Info Services

Escrow Agents Fees

Most of the time people’s only interaction with escrow agents is during a once or twice in a lifetime home purchase, but escrow agents are a very useful tool for commercial transactions. What is their role?  What do escrow agents do? Escrow agents act as “middle men” in commercial transactions in order to overcome barriers […]

Categories
Info Litigation

Anna Karenina and Complex Litigation

“All happy families are alike; each unhappy family is unhappy in its own way.” -Leo Tolstoy BMNW v. Lerner Happy families share a lot of common characteristics.  But, there are a lot of things which can make a family an unhappy one.  Any number of things can uniquely go wrong to disrupt the harmonious balance […]

Categories
Info Litigation

Ruh-roh…. Alexa is really mad at these guys

Amazon is suing these guys for making a fake “wrap-around” Alexa startup animation to dupe people into granting unauthorized access to systems.  Of course, these are only allegations and you’ll need to monitor the docket to see what answer, if any, the Defendants offer as the matter progresses. But this is one hell of a […]

Categories
Business Update Info Litigation

Clogged Pipes Causing Damages? And what’s a “Ramekin?”

Leaky pipes? What happens when a tenant located above another tenant springs a leak has been addressed by the law going back as far as Roman law. Now, we have another such case.  Apparently, a lone ceramic ramekin was responsible for the total occlusion of the pipe. Complaint Seattle Business Law Cheesecake Factory Hyatt Regency […]

Categories
Corporate Law Info Opinion

Articles of Incorporation Recipe for Washington Corporations

What do you need to know in order to spin-up a Washington State based corporation? Name of the corporation Authorization from appropriate persons to create the corporation Capitalization Table Number of issued shares Number of authorized shares Series rounds and other notes, options, etc. Board of Directors Headings: Liquidation Rights, Common Stock, Preferred Stock, Authorized […]

Categories
Info Litigation Opinion

Trespassing or just conversion? Waste? Nuisance? A rose by any other name….

Trespass to land and waste The title of RCW 64.12 is Waste / Trespass.  This is an example of a legal concept which is perhaps a little overly broad, because as you will see, it includes concepts such as damage to property that you wouldn’t consider “trespass” in ordinary speech. For example, consider this (relatively) […]

Categories
Agreements

Parking your loot in the Caymans

Why is the one party in this agreement going to the Cayman Islands? Why have a general partnership there?  What are the advantages? There is an awful lot to unpack in an agreement of this size. Much of the agreement involves SEC compliance for securities. Except at larger scales, this sort of fundraising can be […]

Categories
Agreements

Master Services Subcontract Agreement

https://youtu.be/PazYEynFVAM What are some of the things that make this agreement unique?  It’s a federal contract, so it has a lot of flow-down compliance provisions.  It relates to sensitive personal information which may be governed by any number of federal and state laws, including HIPPA.  It requires that not only the contractor, but subcontractor follow data […]

Categories
Business Update Corporate Law Info

Operating Agreements

Operating Agreements act as a blueprint for your Limited Liability Company.  They serve a similar function to what bylaws do for corporations.  Generally, these are fairly standardized.  The agreement will control the admission of new members, capitalization, and tax elections.  Banks and other financial institutions will often want to see specific provisions included before they […]

Categories
Agreements Corporate Law Info

Just what are business ethics exactly? I don’t quite know how to define them, but even she knows what they are.

What type of business could benefit from a code of conduct?  ALL OF THEM.  It’s not necessarily the same thing as an employee policy manual or employee handbook, but they cover much of the same things. It can be tough to slap a label on conduct and call it unethical.  What is really hard is […]