Author: Lotus Law Firm

05 Jan

Posted at 22:07h in Business

Since the creation of Bitcoin in 2009, cryptocurrency has become a common term used in the investments market.  The rise of cryptocurrencies and initial coin offerings, however, has raised questions concerning regulation and investor protection.Cryptocurrencies A cryptocurrency is a digital or virtual currency that can be exchanged as an alternative form of payment or for investment purposes. Creation of cryptocurrency units...

06 Dec

Posted at 00:05h in Business

The Corporate Transparency Act (“Act”) takes effect on January 1, 2024. The federal Act was passed to provide more transparency into the ownership and control structure of small and medium-sized businesses in order to prevent money laundering, tax fraud and other illegal activities. Reporting Requirements The Act requires certain small and medium-sized businesses to report information on the company and...

04 Oct

Posted at 22:45h in Business

A new Washington Nonprofit Corporation Act, codified in RCW 24.03A (the “New Act”) took effect on January 1, 2022, with changes applying retroactively. The New Act also applies to homeowners’ associations formed under Washington’s Nonprofit Corporation Act.The New Act clarifies the relationship between members in a membership nonprofit corporation and the organization, the rules with regard to governance by the...

07 Sep

Posted at 03:04h in Business

When operating a company, it is important to consider the intellectual property that is created and used in the business. This is especially important for technology and manufacturing companies. Steps taken early on to establish intellectual property rights have long term effects on a company’s ability to capitalize on the intellectual property and avoid infringement claims. Below are 5 steps...

18 Aug

Posted at 19:04h in Real Estate

The Value of a Real Estate LawyerBuying real estate can be a great long-term investment option. Buyers and sellers may assume that a real estate lawyer is only needed when there is a dispute between property owners or buyers and sellers. However, hiring an experienced real estate attorney early in the process of buying or selling real estate can help...

08 Aug

Posted at 00:39h in Business

Whether you want to retire, change your lifestyle, start a new business venture, or the market trends indicate that it is the right time to sell, if you are interested in selling your business, you should consider partnering with a law firm that specializes in purchase and sale of businesses. Operating a business involves a number of legal specialties, including corporate...


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