When you sell your business, the deal doesn't always end with the closing date. Many Minnesota business owners structure their sales to include earn‑outs — future payments tied to performance. But when revenue dips, targets go unmet or disputes arise, what once seemed...
You probably don’t give much thought to the force majeure clause when reviewing a contract. It usually sits buried near the end, full of legal terms that most people skip. That is, until something goes wrong. Maybe a supplier fails to deliver after a flood. Or a...
If you run a business in Minnesota, the new paid family and medical leave law will bring fresh legal and financial duties. Starting in January 2026, this law will change how you manage employee leave, payroll and compliance. You should start preparing now so you're...
You might have had a deal sealed with a nod, a handshake or a quick call — no contract, just mutual trust and years of working together. But when something shifts, like a missed payment, a change of heart or a partner walking away, you're suddenly left wondering...
When a larger company engages in practices that harm multiple smaller businesses, the small businesses may question whether they are empowered to band together and sue the larger entity as a group. The answer is yes—under certain legal conditions, small businesses can...
When you consider how unpredictable the business world can be, you can better appreciate the value of crafting solid contracts. Strong contracts often serve as the legal bedrock of successful commercial relationships. Whether your company is a startup or an...
Mergers and acquisitions (M&A) are complex business transactions that involve more than just financial negotiations and corporate strategies. Political considerations often play a consequential role in determining whether a deal moves forward smoothly or faces...
Selling a business can be a very complex process. It can take months for a business owner to find the right buyer and even longer for them to finalize the sale. There are many different documents required when preparing to sell a business. Some people compare the...
Contract breaches can cause operational disruptions, brand damage and financial setbacks for otherwise successful organizations. Businesses that have previously negotiated contract terms with service providers, vendors or employees generally expect those parties to...
Mergers with other organizations are a common way to expand existing companies. Businesses that merge gain access to one another's resources, including their talent, facilities and intellectual property. The combined organization that results from a successful merger...