News

• Securities Committee sends letter to U.S. Senate Banking Committee opposing proposed changes to Regulation D. In March 2010, the Securities Committee, with the endorsement of the Executive Committee, sent a letter to Senator Dodd and the Senate Banking Committee expressing the Section’s opposition to provisions in the proposed financial reform legislation that would, in the Committee’s view, undermine federal preemption with respect to Rule 506 offerings. The Committee’s letter expressed the concern that such a change would be a significant impediment to the ability of companies in Washington to raise capital.
• Young Lawyers Event. On March 5, 2009, the Business Law Section hosted a very successful seminar and networking opportunity for young lawyers. The program was organized by Eric Koester and held at the offices of Davis Wright Tremaine. The event, which was limited to 100 attendees, was oversubscribed. A second event, attracting over 110 participants, was held in March 2010 at the offices of Dorsey & Whitney in Seattle. Seminar Materials
• Outstanding Young Lawyer. The Section's Eric Koester was recognized as the Outstanding Young Lawyer of the Year (2010) by the Young Lawyers Division of the Washington State Bar Association. The WSBA also nominated Eric for the ABA Young Lawyer of the Year award.
• WAAC0 Contribution - With a $10,000 contribution to WAACO in fiscal 2007 and 2008, the Business Law Section continued its annual financial support begun in 2004 to assist in the operation of this innovative program. Washington Attorneys Assisting Community Organizations (WAACO) is a state-wide organization that matches volunteer attorneys with charitable and community-based non-profit organizations that are in need of business- related legal services. 2008 WAACO Memorandum