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Goodwill Can Be Exchanged if Treated as Real Estate
Jan 06, 2012
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When attempting to exchange a business, exchanging the goodwill component is often a dead end. Goodwill of two different businesses may never be of like kind. Treas Reg § 1.1031(a)-2(c)(2). Goodwill associated with real estate, however, can generally...
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Washington State Supreme Court Rules that Drive Time in Company Vehicles is Compensable Under Minimum Wage Act
Nov 26, 2007
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In Stevens v. Brink's Home Security, the Washington State Supreme Court held that Brink's violated state wage and hour laws by failing to pay technicians for time spent driving Company trucks from their homes to the first jobsite and back home from t...
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Tips for Nonprofit Subsidiary LLCs
Aug 15, 2014
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Nonprofit charities regularly own or receive donations of real estate. In the real estate world, holding title to property in an isolated limited liability company is so common that many lenders’ and brokers’ template forms refer to “______ LLC,” wit...
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Washington Supreme Court Announces the Death of Contracts: Donatelli v. D.R. Strong Consulting Engineers, Inc.
Nov 18, 2013
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OPINION: In the world of construction, Washington has historically been a “chain of contract” state, in which contracts governed the duties and liabilities of those involved in a project, and parties were generally free to limit by contract both the...
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Washington State's New Military Family Leave Act ("MFLA")
Mar 20, 2008
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On March 19, 2008, Washington Governor Christine Gregoire signed into law the Military Family Leave Act ("MFLA"). This new state law provides unpaid leave for spouses of military personnel who are notified of active deployment, or who are notified of...
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The Magic of Provisional Process
Jun 07, 2010
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In an economy in which the trial attorney's triumphs are often foiled by an insolvent judgment debtor, prior secured creditors, and bankruptcy, we should all keep in mind the advantages that may be offered to our clients by prejudgment relief in the...
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