The Minnesota Revised Uniform Limited Liability Company Act, codified as Minnesota Statutes Chapter 322C, was passed by the 2014 Minnesota Legislature and signed into law by Governor Dayton on April 11, 2014. The new Act became effective as of August 1, 2015, and all Minnesota LLCs are to be governed by the Revised Act effective […]
Legal Update June 2015 – Craft Beer, Adrian Peterson, and More
I often tell my clients “if your attorney isn’t busy, he’s probably not a good attorney.” Admittedly, I’ve been a bit quiet when it comes to my NWCT blog. However, it’s not like I haven’t been doing – or saying, or writing – anything. Here’s a quick summary – with links – of my various […]
Dealing with Ownership Issues in Closely Held Businesses
One of the more difficult – and expensive – issues that can affect a small business arises when the owners no longer agree on how to conduct the business. When this happens, oftentimes the proverbial gloves come off and the lawsuits start shortly thereafter. Over the course of the past several weeks on The Business […]
Evictions: Minnesota Home Talk Legal Minute, June 28, 2014
Perhaps the trickiest and most technical aspect of Minnesota residential landlord-tenant law is the process by which a property owner evicts a tenant who is in breach of the lease. My June 28 Minnesota Home Talk provided a brief overview of the pertinent considerations. Here is a bit more of the black letter law on […]
Probation Violations Land Locals in Jail: Wright County Court Roundup
Kristina Marie Banken, 38, of Buffalo, sentenced on July 3 for Probation Violations for Gross Misdemeanor Interfere with a 911 Call to 21 days jail. Sentenced by Judge Mottl. Trent Rory Benson, 22, of Buffalo, sentenced on July 9 for Probation Violations for Misdemeanor Theft to 60 days jail. Joseph Allen Bentley, 31, of Monticello, […]
Taxes and Lawyers
Visiting the lawyer has a negative stigma in the American culture, but many trips are simply for legal advice. If you find yourself paying attorney fees, keep in mind that some of those fees could be beneficial during tax time. As a CPA, I see a lot of clients who miss tax deductions arising from […]
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 […]
Choosing the Right Attorney for Your Startup Business
Introduction Successful business owners will be the first to tell you that behind any successful business is a team of competent advisors. While you as the owner are the expert in your business (be it an auto body shop, a consulting firm or a restaurant), you will need professionals including accountants, financial advisors and attorneys […]
The Byron Smith Case: How Far Can You Go to Legally Defend Your Home?
Few recent Minnesota cases have engendered such strong feelings on both sides as the Byron Smith murder trial. The case – and the jury’s guilty verdict – has prompted much debate about the legal limits to defending one’s property against those who may wish to do them harm. Case Synopsis: What Happened? On November 22, […]
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 […]