In this very important election year, the selection of a new Wright County Sheriff is perhaps the most important decision that residents of Wright County will make in terms of the direct impact it will have upon our everyday lives. I think it’s safe to say that voters have been provided every opportunity to hear […]
Albertville Attorney Accepts Bid for LLS Man of the Year
Jeff O’Brien, attorney with the Minneapolis law firm of Lommen Abdo and a resident of Albertville, has accepted a nomination for the Leukemia & Lymphoma Society’s “Man of the Year” for 2016. During a spirited 10-week fundraising period beginning with a kickoff celebration March 10, 2016, the candidates across the country will compete in honor […]
Making Sense of the Supreme Court’s Recent Decisions; Hobby Lobby and More
The U.S. Supreme Court’s recently completed term was once again filled with fireworks. In its previous term, the Court shocked many observers by upholding the Constitutionality of the Patient Protection and Affordable Care Act (aka “Obamacare”). This term, ACA supporters (who previously lauded the Court’s ruling) were apoplectic over the Court’s ruling on yet another […]
Remedies for Breach of Contract: The Business Forum Show, June 20, 2014
Following up on the prior week’s show discussing basic contract law, the June 20 edition of The Business Show could be called “When Contracts Go Bad”, as we discussed the primary remedies available in the event that one party to a contract breaches the contract. There are four primary remedies that may be available when […]
Uniform Commercial Code: The Business Forum Show, June 26, 2014
Continuing on our contract law theme, the June 26 edition of The Business Forum Show covered a subcategory of contracts; namely, contracts for the sale of goods. These types of transactions are governed by Article 2 of the Uniform Commercial Code. The Uniform Commercial Code, or “UCC” for short, was intended as a uniform model […]
Respecting Your Business Entity: How to Minimize the Risk of a Veil Piercing Claim
Perhaps the foremost advantage and justification for the formation of a business entity such as a corporation or limited liability company (“LLC”) is the fact that the personal liability of the entity’s owner(s) is limited to the amount invested in the entity. In other words, a creditor of a corporation or LLC generally cannot reach […]
Piercing the Corporate Veil
“Piercing the Corporate Veil” was the topic du jour on March 26, 2014 edition of The Business Forum Show. Click here to listen to the discussion. Veil piercing refers to a creditor’s ability to penetrate the personal liability shield which is the hallmark of liability limiting entities such as corporations and limited liability companies. It […]
Business Law Basics
“The first thing we do, let’s kill all the lawyers” The above, often quoted (or should I say, misquoted) line from William Shakespeare’s Henry VI is a blunt summation of how most business owners feel about those of us in the legal profession. Many business owners view their attorney as a necessary evil – someone […]