Where Business And Law Come Together
You and your business partner each own half of a Minnesota limited liability company (LLC). You disagree about renewing the lease, and neither of you has enough votes to decide. Your landlord wants an answer while your customers still count on you. If the dispute...
You have found a promising multifamily project, and the sponsor wants your capital by the end of the month. You will own 20%, so the majority owner will make most decisions once the money changes hands. The operating agreement you sign now shapes what you can see,...
Buying a business often means paying for more than its assets. You may also be paying for its customer relationships, goodwill and market position. If the seller immediately starts a competing company nearby, part of what you bought may be at risk. The state generally...
For tech and manufacturing companies in Woodbury, Oakdale and the East Metro corridor, a departing executive can walk out with more than personal belongings. They may take your customer databases, pricing algorithms or manufacturing processes and hand them to your...
A competitor may seem like a natural buyer for your company. The buyer already knows your industry and may value your customer base or market position. That familiarity can make early acquisition talks move quickly. It can also create a specific risk. Before you sign...
As your business grows, each new technology purchase brings new opportunities and legal obligations. Whether you adopt cloud software, hire an IT provider or use artificial intelligence (AI) tools, you will likely enter into contracts that shape those relationships...
When leadership within your corporation is no longer working, the question of officer removal shifts from theoretical to urgent. Knowing where the board's authority begins and ends lets you weigh the decision with a steady hand. Board authority over officer removal...
In high-stakes business transactions, one document establishes the foundation for every negotiation that follows: the letter of intent (LOI). Drafting it with precision is not optional. A well-crafted LOI safeguards your interests and sets clear expectations for all...
Indemnification clauses are a standard part of most real estate purchase agreements, but they do not always receive the attention they deserve during negotiations. Whether you are buying commercial property or selling a residential home, understanding what these...
When a business partner withdraws company funds for personal use, the immediate instinct is to call the police. You might see a clear-cut case of stealing, but the Minnesota legal system often views these internal disputes through a different lens. Determining whether...