Articles | Page 75 of 76 | Attorney Aaron Hall
Minneapolis Business Attorney Aaron Hall, Minnesota

Explanation of Fiduciary Relationionships in Businesses

Fiduciary duties are owed by fiduciaries. A person is a fiduciary if the law imposes on that person a duty of good faith, trust, confidence, candor, loyalty, or care upon the person for the benefit of another person. A fiduciary only owes those duties to the other person within the fiduciary relationship. Examples of fiduciaries […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Fiduciary Obligations of Shareholders and Owners | MN Business Attorney

Owners of closely-held corporations are obligated to act in certain ways with respect to the other owners. These obligations are often called “fiduciary duties.” Owners may be sued and liable for damages if they do not abide by these obligations. Closely-Held Business Owners Must Act with Integrity and Honesty toward Other Owners Minnesota closely-held businesses […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Common Questions After Forming a Minnesota LLC

Many questions arise before you form your LLC. Additional questions will arise after you form your LLC. Those questions will include: Where do I keep my business’s money? What other licenses do I need? Do I have to file anything else with the Minnesota Secretary of State? What if I don’t want the business anymore? […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Business Lawyer: Forming an LLC – Who, Where, and What?

Frequently, many of the same basic questions arise when forming one’s own business in Minnesota. Answers to the three most common questions are below. Location of the business – Can I Use My Home Office? Yes, you can use your home address for your business address. Must your business have a physical address? Yes. If […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

You've Been Wronged, but Were You also Wrong? Analysis of Dual Faults

Negligence is acting, or failing to act, in the manner a reasonable person would under similar circumstances. Someone who acts negligently is liable for damages if someone is harmed by the negligent act, or failure to act. What if the person harmed also did something wrong? There are different types of dual, or joint faults […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Fiduciary Duties Officers and Directors Owe a Minnesota Corporation

In addition to the fiduciary duties owed by shareholders, fiduciary duties arise by holding a position of director or officer. A director is required, by statute in Minnesota, to discharge the duties of the position of director in good faith, in a manner the director reasonably believes to be in the best interests of the […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Contracts: How to Create a Contract in Minnesota

In this video, you get answers to these questions: How do you create a contract in Minnesota? Can you have an oral contract or does it have to be in writing? What provisions have to be in the contract? What three elements are involved in a contract? Contracts are agreements that are formed between or […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Contracts: How to Negotiate a Minnesota Contract

All Minnesota contracts contain three basic concepts: offer, acceptance, and consideration. Offer and acceptance mean exactly what you think they mean. Consideration is what each side gives up in exchange for the benefit that he or she is receiving. Sometimes this is payment of money, sometimes it is doing something the person is not obligated […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Fiduciary Duties Breach by Shareholders, Officers, Directors, or Partners

A fiduciary is a person required to act for the benefit of another within the scope of their relationship. A fiduciary owes a certain standard of loyalty or care toward another. What are the Consequences of a Fiduciary Breaching a Duty to Another? A fiduciary that breaches his or her fiduciary duty is liable for […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Shareholder Dispute: What Are My Rights & Options?

Owners in a closely-held corporation owe duties to each other. An owner, or shareholder is subject to legal liability if he or she violates a duty owed to another owner, or shareholder. The duties owed can be complex. Fiduciary Duties Owed by Business Owners in Minnesota In Minnesota, the shareholders in a closely-held corporation owe […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota LLC Attorney: EIN, Business License, and LLC Renewal

Once you are past the basics of forming an LLC you need to ponder other practical considerations. Your business needs a bank account. You may need additional licensing for your business. You will need to renew your business on occasion, or at some point, you may wish to let it lapse. Business Bank Account and […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Business Formation: Common Questions

Frequently, many of the same basic questions arise when forming one’s own business in Minnesota. Answers to the three most common questions are below. Location of the business – Can I Use My Home Office? Must your business have a physical address? Yes. However, you can use the address of your business’ virtual office. Virtual […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Home Buying: Should I Use a Real Estate Attorney?

Buying a home may be the biggest and most important financial transaction of your life. Most people need a qualified real estate professionals to help guide them through the complicated world of Minnesota’s real estate transaction process and help them steer clear of problems. Minnesota real estate transactions involve many professionals including real estate agents, […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Who Can Be Terminated, When, and Why?

Employment may be governed by a contract or, if none exists, basic rules of law. These basic rules have existed for centuries and provide an understanding of what will happen without a contract. At-Will Employment Default and Exceptions Unless there is an employment contract or agreement, employment in Minnesota is “at-will.” This means that either […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

501(c)(3) Church Eligibility: Religion vs. Philosophical View

Recently, I wrote about the test for determining whether a religious organization qualifies as a church, and thus, a tax exempt organization, even though the organization does not obtain 501(c)(3) status by completing Form 1023. Another important issue for churches seeking tax-exempt status as a 501(c)(3) is whether their belief system will qualify as a […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Workers’ Comp Attorney: Claim Denials and Hearings

When you get injured on the job, you have a lot of questions. Are worker’s compensation benefits at issue? Can a worker be denied worker’s compensation benefits? Worker’s compensation benefits are often denied. Worker’s compensation insurers deny claims by filing a Notice of the Denial stating the reason for the denial. The Notice of the Denial […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Must Churches File Form 1023 for 501(c)(3) Tax Exemption?

Churches may wonder whether they must file IRS Form 1023 to be considered a tax exempt religious organization under 501(c)(3). The IRS Instructions to Form 1023 provide the following: Form 1023 not necessary. The following types of organizations may be considered tax exempt under section 501(c)(3) even if they do not file Form 1023. Churches, […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Foreclosure Deficiency Judgment

Homeowners who are facing a foreclosure of their home are understandably concerned about the impact this will have on them and whether they will owe money to the mortgage company (hereafter “bank”) after the foreclosure. This is part four of a series on Minnesota foreclosures, explaining deficiency judgments that result from a foreclosure in Minnesota. […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Foreclosures: Foreclosure by Advertisement

Many Minnesota homeowners are facing foreclosure during these difficult economic times. Minnesota homeowners may wonder about the foreclosure process in Minnesota and the legal consequences of a foreclosure. This is part two of a series on Minnesota foreclosures, and covers the basics of foreclosure by advertisement. Before reading this section, you might want to read […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Foreclosures: Foreclosure by Action

If the bank is foreclosing on your home, you may be wondering about the process and the legal consequences of a Minnesota foreclosure. This is part three of a series on Minnesota foreclosures, explaining foreclosure by action. For an overview of Foreclosure by Advertisement and Foreclosure by Action, read the first part on Minnesota Foreclosures. […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Foreclosures 101: Foreclosure Basics

This article discusses the basics of Minnesota foreclosures. This is part one of a series on Minnesota foreclosures: Minnesota Foreclosure Law: Foreclosure Basics Minnesota Foreclosure Law: Foreclosure by Advertisement Minnesota Foreclosure Law: Foreclosure by Action Minnesota Foreclosure Law: Deficiency Judgments Minnesota Foreclosure Law: Foreclosure of a 2nd Mortgage Let’s start by explaining what a foreclosure […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Minnesota Litigation Attorney: Should I File a Lawsuit?

As a Minnesota litigation attorney, I offer these tips to people considering suing someone. If you are considering a lawsuit (litigation), the cost and other options to resolve disputes may be worth examining. Lawsuits are often very expensive. In litigation, the goal is to beat the other side rather than work out a win/win solution, […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

If I Win a Lawsuit, How do I Collect the Money?

Minnesota Debt Collections & Minnesota Judgment Collections After you win, the court’s judgment is valid for 10 years unless you renew it. Unfortunately, even though you won your case, you probably won’t immediately get your money from the defendant. In fact, you may never get it. A court order may say that the defendant owes […]

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How Can I Start a Lawsuit in Minnesota?

  (Before you enter into a lawsuit, you might want to read this article with some alternative options to beginning a lawsuit: Should I File a Lawsuit?) Do you want to sue someone in Minnesota without an attorney? Here are a few considerations to help you get started. Jurisdiction Do the Minnesota Courts Have Jurisdiction? […]

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How to Start a Nonprofit Organization in Minnesota

Introduction There are two stages to consider when creating a nonprofit organization in Minnesota: first, drafting and filing the legal documents required to create a nonprofit organization, and second, applying to the IRS for 501(c)(3) status, if desired. Stage 1: Form a Minnesota Nonprofit Organization Articles of Incorporation To create a Minnesota nonprofit organization, you […]

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Are My Injuries Serious Enough to Sue? | Minnesota Personal Injury Attorney

If you are wondering whether your injuries are serious enough to sue, they probably are not. For example, a cut, bruise, or minor flesh wound that heals after a few days is in the category of very minor injuries. At the other extreme are serious injuries such as permanent disability, permanent disfigurement, and injuries that […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

How to Form a Minnesota LLC without an Attorney

If you want to start a small business, you can form a new LLC (limited liability company) in Minnesota without hiring an attorney. You will save the expense of attorney’s fees, but you also will not have the counsel of a business attorney and will have some other risks. The risks are explained at the […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Can a Generic Term be Trademarked?

Every trademark attorney knows that a generic term cannot be trademarked. However, using a small exception to that rule, Best Buy registered a federal trademark in “best buy,” even though a court had previously ruled that “best buy” was generic. For a great summary of the situation, read Best Buy, Resurrected From the Trademark Graveyard? […]

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Minnesota Noncompete Agreement FAQ

As a Minnesota business attorney, I am often asked questions related to Minnesota noncompete agreements. Below I explain an overview of Minnesota noncompete law and answer common questions. For related topics, visit nonsolicitation agreements and confidentiality agreements. Overview of Minnesota Noncompete Law A noncompete agreement may go by many names: non-compete clause (NCC), covenant not to compete (CNC), […]

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Minneapolis Business Attorney Aaron Hall, Minnesota

Are RSS Feeds Copyrighted?

This article explains whether RSS feeds are copyrighted. In short, the answer is YES. What is RSS? Websites are norally accessed with a web browser. RSS is a technology that allows a webpage (blog, etc.) to be accessed without a web browser. RSS can be accessed by many tools, including an RSS reader, which is […]

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