This is part one of a series on single owner LLC formation. Articles of Organization Initial Member Resolutions Member Resolutions Operating Agreement Schedule of Members Written Action of Organizer …
READ MORE →If you own an LLC or corporation, you need to document certain business decisions each year. Meeting minutes record what happened at a meeting. Written actions let owners or directors approve …
READ MORE →What Are Board of Directors Meeting Minutes? The board of directors manages the business affairs of a corporation. Most corporations hold an annual board meeting to review the company’s …
READ MORE →What are Shareholder Meeting Minutes? Below is an example of meeting minutes for the annual shareholder meeting in a privately owned corporation, including an S corp. Business owners and attorneys can …
READ MORE →What Is a Written Action of LLC Members? A Written Action of Members allows LLC owners to formally approve a decision without holding a meeting. Instead of meeting in person, a quorum of LLC members …
READ MORE →What Is a Written Action of an Organizer? An organizer is the person who files the LLC paperwork with the government, initially forming the company. The organizer may be the LLC’s owner, …
READ MORE →Outline for Meeting with Your Direct Reports The following is a sample template to use your direct reports (those who report to you). This template is designed to serve as a meeting agenda for …
READ MORE →MNvest is the name of a new Minnesota state law allowing crowdfunding for small companies in Minnesota. MNvest allows companies to raise capital online from unaccredited investors. MNvest is overseen …
READ MORE →Mexico is currently the second largest medical device market in Latin America, the top importer of medical devices in Latin America, and one of the fastest growing markets worldwide. In Mexico, …
READ MORE →In Minnesota, a telecommunications carrier is “a person, firm, association, or corporation authorized to furnish” an interchange telephone service and/or a local telephone service. Minn. Stat. § …
READ MORE →The following is a guest article from CJ DuBe’ of Achieve Traction. CJ will be speaking at our Minnesota CEO & Business Owner Conference on October 8. The Entrepreneurial Operating System (EOS) is …
READ MORE →According to a Litigation Release from late 2014, the SEC filed an emergency action alleging that Levi Lindemann–alleged to be a resident of West Lakeland Minnesota–operated a fraudulent scheme …
READ MORE →Rent-to-own contracts (sometimes called lease-to-own) allow you to rent personal property with the option to purchase it by continuing to make payments. Minnesota has some of the strictest laws in the …
READ MORE →In Minnesota, when someone is found to be negligent it means that they were not acting reasonably. The standard is what a reasonable person would have done in a similar situation. To prove a …
READ MORE →Minnesota’s wiretapping statute, Section 626A .02, is almost identical to the federal wiretapping statute, 18 U.S.C. Section 2511(1). In general, Minnesota’s statute states that it is legal for a …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →What Types of Trademarks Are the Easiest to Defend? Types of trademarks fall into one of five categories based on their distinctiveness. The categories are also known as the “Abercrombie …
READ MORE →In a municipality, the governing body may choose to issue a conditional use permit for certain types of developments. Minn. Stat. § 462.3595. Getting such a permit allows for a use to be specifically …
READ MORE →Honoring Corporate Formalities Langford Tool & Drill vs. The 401 Group, LLC, et al. No. A14-0507 (Minn. Ct. App. 2015) In Langford Tool & Drill vs. The 401 Group, LLC, an unpublished decision, …
READ MORE →In this video, you get answers to these questions: What is a phantom stock plan? Why would people want to use a phantom stock plan? What are some problems with using a phantom stock plan? …
READ MORE →What Examples (a.k.a. “Specimens”) Do I Need to Show Trademark Use? Trademark registration requires you to show the actual use of your trademark within the context of your offerings to the public. …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →This is a guest article from Professor** Daniel Kleinberger. Prof. Kleinberger **_is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the …
READ MORE →Introduction: Why (Already) a New Limited Partnership Act? The “shelf life” on uniform entity acts seems to be decreasing.1 The original Uniform Partnership Act (UPA) lasted eight decades, and the …
READ MORE →This is a guest article from Professor Daniel Kleinberger. Prof. Kleinberger is the director of the Mitchell Fellows Program at the William Mitchell College of Law. He was the reporter for the MSBA …
READ MORE →Sometimes after a purchase agreement is signed, one of the parties elects to cancel the agreement or is forced to cancel the agreement due to the breach of the other party. There a few ways in …
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