This article answers common questions asked by people about shareholder derivative lawsuits. What is a shareholder derivative lawsuit? A shareholder derivative lawsuit is a legal action brought by a …
READ MORE →Going through a lawsuit can be a very emotionally taxing experience. It can be stressful, time-consuming, and expensive, and it can take a toll on your mental and emotional well-being. It is natural …
READ MORE →As a business or individual becomes more successful, the likelihood of facing legal challenges increases. Lawsuits can be time-consuming, expensive, and can damage a business’s reputation. …
READ MORE →If you have ever read the fine print on a product, website, or service, you may have come across a seemingly “stupid” disclaimer. These disclaimers often appear to state the obvious, and it can be …
READ MORE →A clawback is a contractual provision that allows a company or organization to recover compensation or benefits that have already been paid to an employee or executive. This provision is typically …
READ MORE →Core values are the guiding principles that shape the identity and culture of an organization. They represent the beliefs, behaviors, and attitudes that define the organization and guide its decisions …
READ MORE →Small businesses rely on contracts to establish agreements with other businesses and individuals. A well-drafted contract protects your interests and provides a framework for resolving disputes, but a …
READ MORE →The success of a business largely depends on its ability to execute strategies and operations efficiently. A business operating system (BOS) is a structured set of processes, tools, and methodologies …
READ MORE →In this video, you will get answers to these questions: What is an example of a conflict of interest for business owners? Does a conflict of interest include family members? Does a conflict of …
READ MORE →The cost of a lawsuit depends on the jurisdiction, case type, and complexity of the issues involved. Common costs include: Filing fees: Paid to the court when the lawsuit is filed, typically ranging …
READ MORE →Starting a business is a significant milestone that requires careful consideration, planning, and execution. If you are considering starting a business with your spouse, it can be an exciting …
READ MORE →This post is part of a series of posts entitled A Legal Guide To The Use Of Social Media In The Workplace. See also: How to Handle Allegations of Sexual Misconduct in the Workplace. In addition to …
READ MORE →This post is part of a series of posts entitled A Guide To Intellectual Property Protection. The financial cost of enforcing a patent against a potential infringer is highly dependent upon the …
READ MORE →This post is part of a series of posts entitled A Guide To Intellectual Property Protection. Identical Inventions Developed By Two Separate Inventors One of the main changes adopted by the America …
READ MORE →This and the following posts have been copied or adopted from A Guide To Intellectual Property Protection, published through a collaborative effort by the Minnesota Department of Employment & Economic …
READ MORE →In this video, you’ll get answers to these questions: What is a DBA? Why would you want a DBA? Who can get a DBA? How do you get a DBA? How long does a DBA last? What is an assumed name? (Minnesota) …
READ MORE →In the business world, rewarding key employees is critical for sustaining a motivated and engaged workforce. Yet, while financial incentives such as bonuses, stock appreciation rights, or phantom …
READ MORE →The growth of the life coach industry has raised many questions about whether life coaches are providing counseling services that require a license. In short, some counseling requires a license but …
READ MORE →In this video, you get answers to these questions: What are the pros and cons of a 501(c)(3)nonprofit organization? What is a 501(c)(4) social welfare organization and what are its pros and cons? When …
READ MORE →Note: This article is based on Minnesota law. The law in other jurisdictions may vary. Most nonprofit organizations (including charities, churches, hospitals, and schools) eventually come to an end. …
READ MORE →Negligent misrepresentation involves making a false statement carelessly, leading to financial losses or reputational harm. The key elements include a false fact, business context, duty of care, …
READ MORE →As a shareholder in a Minnesota corporation, you hold rights that state law protects whether you own a controlling block or a minority stake. Minnesota’s Business Corporation Act (Minnesota Statutes …
READ MORE →Can you rely on information provided to you by your employee, attorney, or CPA? For example, imagine a reliable employee tells you that she completed a task, do you have a legal duty to verify she …
READ MORE →Do corporations need paper stock certificates? No. Most states allow uncertificated shares. The “stock certificate” or “share certificate” was historically used as proof that someone was a shareholder …
READ MORE →In this video, you get answers to these questions: What are the most common legal problems for YouTubers? What are examples of influencer legal problems? Why are influencers targeted for lawsuits? How …
READ MORE →In this video, you get answers to these questions: What is a DBA? What are the benefits of a second LLC? What are the disadvantages of a second LLC? What are the alternatives to creating a second LLC? …
READ MORE →When business owners want to give back to their community and support their philanthropic values, they sometimes ask me how much it costs to start a tax-deductible charitable organization. This …
READ MORE →In this video, you get answers to these questions: What are my rights if someone copies my social media post? What is United States copyright law? What is a “work”? What are your options when handling …
READ MORE →In this video, you get answers to these questions: Would sports and fitness trainers benefit from an LLC? Does an LLC limit the liability of the person doing the work? How would an LLC limit your …
READ MORE →When someone is holding on to property for another person, bailment law usually applies. This often includes storage facilities, warehouses, and transportation companies, for example. What is …
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