Minnesota’s Limited Liability Company Act (“MLLCA”) requires that governors and directors of Minnesota limited liability companies owe fiduciary duties to the company itself. The two main duties are …
READ MORE →A common question I have been getting lately goes something like this: “I think I have a claim against my neighbor/friend/family member/ex-boyfriend/ex-girlfriend. I found this statute, 609.749, that …
READ MORE →On January 1, 2018, Minnesota’s new Revised Uniform Limited Liability Act will take effect. It is the most considerable change to happen to LLCs since they were first allowed. Overall, Minnesota’s new …
READ MORE →Winning a court case and being awarded damages against a party does not necessarily mean that the court battle is over. Unless the losing party is willing to pay you on the judgment, you will have the …
READ MORE →Back in the early 2000s, the Minnesota legislature revised Minn. Stat. § 514.02 to assist subcontractors in receiving payment for labor and materials used on a residential construction project through …
READ MORE →If one were to peruse a number of contracts, he or she should not be surprised to find that a majority of the contracts would have what is called a “liquidated damages clause.” They usually look …
READ MORE →Is it Really a Licensing Agreement, or Did You Create a Franchise? Starting a franchise is expensive and is highly regulated not only by Minnesota Statutes, but also by the Federal Trade Commission. …
READ MORE →A person’s home is his or her castle. It should be a place of calm, comfort, and sanctuary. Unless you live out in the country on lots of land, you will be in close proximity to other people’s homes …
READ MORE →Minnesota’s Anti-SLAPP Law: A Powerful Tool to Combat against Unfounded Defamation Lawsuits Lawmakers have recognized that defamation lawsuits (e.g. claims libel or slander) are sometimes used as …
READ MORE →A cooperative association, also known as a co-op, is a type of business that can be incorporated in Minnesota under the Minnesota Cooperative Law (prior to 2003) or the Minnesota Cooperative …
READ MORE →Common disputes between Minnesota real estate brokers and their agents include unauthorized practice of law, fraud, broker misconduct, negligence, misrepresentation or failure to disclose material …
READ MORE →At some point, it will be time for a business owner to determine a company’s future without the owner’s involvement. There are eight common ways for business owners to leave their companies. A …
READ MORE →Family Cabin LLCs & Trusts While a family cabin is often filled with happy memories, conflict can arise when the cabin’s owner dies. Now comes the time to plan future ownership and …
READ MORE →Minnesota Court of Appeals: Reilly v. Antonello, 852 N.W.2d 694 (2014) Application of MUFTA Between Spouses This published court of appeals case that was decided in August 2014 dealt with alleged …
READ MORE →Minnesota Court of Appeals: Reilly v. Antonello, 852 N.W.2d 694 (2014) This published court of appeals case that was decided in August 2014 dealt with alleged fraudulent sale of shares in violation of …
READ MORE →Minnesota Court of Appeals: Fay v. Dept. of Employment & Economic Development (N.W.2d) (Minn. Ct. App. 2015) Defining “Good Cause” for Failing to Participate in Reemployment Assistance Patrick Fay …
READ MORE →In the recent real estate collapse, many homeowners entered into contracts with companies, called “equity purchasers,” who told them they could save their home from foreclosure. In these types of …
READ MORE →Minnesota Court of Appeals Nygaard v. Nygaard No. A13-0276, 2014 WL 349647 (Unpublished) Although the Nygaard v. Nygaard case is an unpublished one, it presents an interesting issue of usurping …
READ MORE →Sometimes the shareholders of a corporation decide that it is time to close the business. There are multiple tasks and documents to be filed to voluntarily dissolve a Minnesota corporation. Below is a …
READ MORE →How Does it Affect Employers with Out-of-State Locations? Whether Minnesota’s new “Ban-the-Bow” law (codified as Minn. Stat. § 364.021) applies to an employer is going to depend on a few factors. In …
READ MORE →Introduction In this video, you get answers to thius question: Can you get a trademark for Cannabis related goods and services? The following provides guidance to business owners who want to obtain a …
READ MORE →The U.S. government is the world’s largest buyer of products and services, to the tune of about $200 million a year. It is obvious that many companies elect to bid on federal government contracts …
READ MORE →Minnesota Court of Appeals Published Decision: Unclean Hands Not Complete Bar to Receiving Equitable Relief On February 17, 2015, the Court of Appeals held in a published decision that “[a] district …
READ MORE →Agreements between vendors and buyers are of the utmost importance because these agreements will define the relationship between the parties, have clear goals and objectives, and save both parties …
READ MORE →The WARN Act protects employees by requiring employers to provide 60 days notice of plant closing and mass layoffs. Below are some FAQ regarding the WARN Act. Which companies are covered by the WARN …
READ MORE →If you are owed money, can you take someone’s website? If you own a website, can you lose it to your creditors? These issues were recently decided by the Minnesota Court of Appeals. Specifically, the …
READ MORE →An employee is presumed to be an at-will employee if there is “an employment agreement with no definite expiration date.” Rosenberg v. Heritage Renovations, LLC, 685 N.W. 2d 320, 326 (Minn. 2004). As …
READ MORE →A coalition of business people and politicians are leading a grass-roots effort to allow equity crowdfunding under Minnesota law. The initiative, known as MNvest, seeks a “MNvest Registration …
READ MORE →The following is a guest article from Thomas H. Hubler of Hubler for Business Families. Setting Expectations and Criteria for Next Generation Leaders is Essential Family businesses are all about the …
READ MORE →When Money is Tight and Risk is Low, an LLC or S Corp are Less Valuable People starting a small part-time business have asked me whether they should invest in forming an LLC or S corporation. In …
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