Minnesota’s New Limited Liability Act
According to reports, new legislation signed by the governor of Minnesota on April 11 will affect the operation and formation of limited liability companies. The new legislation that was adopted is called the Minnesota Revised Uniform Limited Liability Company Act. By adopting the new ...Read More
The Legal Implications of Running a Family Business
Many small businesses in Minnesota are owned and run by families. It is worth noting that there are multiple regulations that affect family businesses. A business may be taxed differently depending on how the business is structured and whether or not family members are ...Read More
The Importance of Clearly Written Contracts
Most business owners in Minnesota would consider it unwise to enter into an important agreement without first having it scrutinized by an attorney, and even those who proceeded without legal advice would likely insist that the agreement be put into writing. However, the dockets ...Read More
What Types of Mergers Are There?
Minnesota entrepreneurs and investors who wish to make a new business by combining existing businesses into a more efficient and profitable company may consider seeking a merger with another venture. In general, most mergers can be placed into one of five different categories.
These merger ...Read More
Contract Dispute Results in Loss of 7 Channels
A contract dispute between Dish Network and Turner Broadcasting has led to Dish subscribers in Minnesota and around the country losing the ability to view seven channels through their subscription service. In addition to CNN, Dish customers can no longer view Headline News, Turner ...Read More
Modifying Parenting Time & The Primary Residence Designation
In Minnesota, a custody order must establish a child\'s physical custody and primary residence. But nowhere in Minnesota\'s family law statutes is the term \"primary residence\" defined. The primary residence definition is important because under Minnesota Statute Section 518.175, subd. 5(a), a court shall modify ...Read More
Commercial Real Estate Matters in Minnesota
An individual or business involved in a commercial real estate transaction may have a specific goal in buying or selling the property. However, there may be many legal issues that are not familiar to those involved. Legal assistance during such a transaction may be ...Read More
An Overview of Business Taxes in Minnesota
Minnesota residents who own and operate a business enterprise should be cognizant of the federal and state tax laws that affect them. There are four general types of federal tax. Each one has its own characteristics and should be considered separately.
Any business that is ...Read More
Divorce Business Valuation: What is Goodwill and Who Gets It?
When a Minnesota business divorce includes an ongoing business as an asset, there are many interesting and complex issues which need to be addressed. Valuing a business is an art, not a science, and there is no precise, perfect method of measuring a business\'s ...Read More
EEOC’s First Direct Challenge to an Employer Wellness Program
The EEOC recently filed a lawsuit against a Wisconsin employer, claiming it violated federal law by requiring an employee to submit to medical exams and inquires that were not job-related and consistent with business necessity as part of a \"wellness program\" instituted by the ...Read More