Where Business And Law Come Together
Many business owners launch enterprises with a silent partner who provides capital while leaving the daily operations to others. This arrangement often begins with mutual trust and a simple handshake. However, a quiet ally often transforms into a substantial legal...
You found the perfect business to buy. The financials look solid. The location is ideal. Everything seems ready for your success. Then you discover that you now owe thousands of dollars in debts you never knew existed. Sometimes buying an already operational business...
Running a business in Minnesota sometimes means deciding whether to close or try to rebuild. Chapter 7 and Chapter 11 offer very different paths, so understanding how each works can help you make a more informed choice. The best option often depends on your goals, the...
Ending a business can feel complicated, especially if you share ownership with others. Conflicts over assets, debts or responsibilities may arise. Understanding some of the legal tools available under Minnesota law might help you approach the process more...
Business acquisition is a multi-step process that involves agreements between a buyer and a target company. When you are the buyer, assessing intellectual property (IP) is one of the steps that you should not miss. Otherwise, you may face certain legal and financial...
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...