Category: Business Law

Using LLCs To Own Investment Real Estate, Minnesota Home Talk Legal Minute

My Legal Minute segments have returned to Minnesota Home Talk.  You can hear them every Saturday on 1500 ESPN at 7 a.m. and On Demand. We start with the question of when is it appropriate to use a limited liability

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So You Want to Start Your Own Cidery?: Ten Key Legal Steps You Need to Take

  Introduction Minnesota’s cider industry is growing by leaps and bounds. Starting a cidery, however, can be a daunting task.  Besides purchasing equipment and supplies, owners also have to navigate the myriad of legal issues in this heavily regulated industry.  

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When It Comes to Legal Matters, DIY = SOL

  One of my continuing frustrations as a business attorney is the availability of online forms and canned document services that purport to be able to provide the necessary structure and assistance to a small business owner. It is a

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If You Have a Minnesota Limited Liability Company Formed Before August 1, 2015, You Need to Read This

  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

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What Do You Do When the City Comes for Your Business? Justice & Drew, April 24, 2017 #TCNT

  Monday morning I made an impromptu call into the Justice & Drew show to discuss the plight of my beleaguered client, Dean Bigaouettte, owner and proprietor of Hot Rod’s Bar in St. Paul.  The discussion arose out of a

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The Blog is Back!

About a month ago, during an episode of The BS Show, host Bob Sansevere made reference to my blog.  I said to myself “oh that’s right; the blog.”  Suffice it to say it’s been awhile since I’ve posted…to be specific,

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The Art of Contract Negotiation aka Where Ragnar Went Wrong

About half the practice of a decent lawyer consists in telling would-be clients that they are damned fools and should stop -Elihu Root The Minnesota Vikings have the distinction of being one of the few professional sports teams to have

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The Essential Elements of a Business Plan

  A business plan is an essential roadmap for business success. This living document generally projects 3-5 years ahead and outlines the route a company intends to take to grow revenues.   Executive Summary   The executive summary is often

Gap Financing for Breweries – Special Guest Post by Annie Deckert, Decklan Group

    NOTE: Through the course of representing over two dozen breweries in Minnesota and beyond, I’ve learned a little about what it takes to start a brewery.  No matter where you look in researching your plans, you will come

Employee Stock Ownership Plans (ESOPs): The Business Forum Show, June 8, 2014

      On the June 8, 2014 edition of The Business Forum Show, Kevin Hunter and I discussed a unique method of selling your business to your employees; that is, via an Employee Stock Ownership Plan, or “ESOP” as