During the Ag Lending Conference on September 7th, I reported that an injunction had been entered in Texas preventing the CFPB from enforcing Rule 1071 against the parties to that case. I also mentioned a pending Kentucky case motion requesting the same relief from ...Read More

Portions reprinted with permission from the Minnesota Bankers Association

On July 31, a federal court in Texas issued an injunction preventing the CFPB from enforcing its 1071 rule until the U.S. Supreme Court decides on the constitutionality of the CFPB’s funding structure in a separate ...Read More

Previous readers of Gislason & Hunter’s Financial Newsletter may recall discussion of a recent case decided by the Minnesota Court of Appeals regarding considerations to make in determining whether a grain bin is a fixture (and thus part of the real estate that can ...Read More

The Minnesota Legislature recently passed a law rendering all covenants not to compete in employment agreements signed on or after July 1, 2023. The new law makes any covenant not to compete contained in an employment (or independent contractor) agreement/contract void and unenforceable if ...Read More

On May 30th, 2023, Governor Tim Walz signed into law a bill legalizing the recreational use of marijuana in the State of Minnesota. The bill is likely to create a new sector in Minnesota’s retail business landscape; however, financial institutions’ opportunities to work with ...Read More

The U.S. Consumer Financial Protection Bureau (“CFPB”) publishes an agenda of its planned rulemaking activities twice a year – typically in the Spring and Fall. These agendas provide a brief look at the focuses and priorities of the CFPB for the coming year. The ...Read More

The drum beat toward renewable energy continues. Recently, Minnesota enacted new legislation requiring that 100% of the State’s energy be produced from carbon-free sources by 2040. This is not a distant, far-off goal. Though some new technologies might fill the gap, the obvious sources ...Read More

During the first two years of the Biden administration, when Democrats held majorities in both houses of Congresses, much of the activity in Washington focused on traditional lawmaking. But with the new Republican majority in the House of Representatives in January 2023, a flurry ...Read More

Estate planning is a crucial aspect of financial management that often gets overlooked until it\'s too late (nobody likes to think about their own mortality). It involves creating a plan for the management and distribution of your wealth during your lifetime and after your ...Read More

The last thing a person wants to do after getting divorced is spend more time with a lawyer. But updating an estate plan after divorce is crucial. In Minnesota, when a dissolution is granted a former spouse’s interest in the ex-spouse’s will is terminated ...Read More