If you own commercial real estate that you rent out to your tenants, you want to know that you can get the money owed and that you’ll be able to hold your tenants to their contracts. Then, if your tenants default, you’ll be able to seek the money you deserve and...
Business Law
Protecting your company against a failed acquisition attempt
You want your company to grow, so you look into acquiring another business or combining your operations with a competitor's. Successful mergers and acquisitions can help a company rebrand, reach a much larger portion of the market and expand without the risk of taking...
Why business mergers sometimes lead to discrimination lawsuits
When two businesses merge, the results may include a larger market share and a stronger brand. Some mergers are subject to intense scrutiny out of concern that it will lead to monopolization or market domination in an industry or a specific community. If your merger...
At-will employment laws don’t prevent wrongful termination claims
Employers in Minnesota have legal obligations to their workers. They need to comply with both state and federal employment laws. Beyond that, they also have to uphold the contracts that they execute with their workers. Sometimes, people running their own businesses...
Zoning variances cause trouble in St. Paul
When you want to open a commercial business and need a prime piece of real estate, it can sometimes be hard to acquire. You may need to go through a planning process and put your development ideas out for a vote. Take for example this case in St. Paul in which a group...
Did someone else dilute your company’s brand?
When someone steals your intellectual property or pretends to be affiliated with your brand, it hurts your company in numerous ways. For many business owners, the first thing they think of is lost sales. After all, you’ve worked hard to build up your brand and reach...
2 risks that can hurt your company during an acquisition
An acquisition of another business is a massive transaction for your company. Whether you simply purchasing an existing business may be one of the fastest ways to grow your own. However, there are definitely risks that come with an acquisition. Some of these risks can...
What is reverse veil piercing in a business lawsuit?
Incorporating a business protects investors, board members and owners from personal liability for business issues. For example, if the company faces a major lawsuit, creditors can only make claims against the company's assets in most cases. However, when there has...
3 common mistakes made in business contracts
Strong, efficient contracts form the foundation of any successful business. Unfortunately, in their haste to either finalize a deal or build an agreement from the ground up, it is not uncommon for business owners to make errors that could jeopardize the validity of...
5 tips for creating a business succession plan
You may have achieved your dream 15 years ago. You launched your own business and now have seen it succeed and grow. Now, you are thinking ahead. You might want to retire in 10 years. Yet, who will take over your business then? You might not realize that more than...