Buying or selling an existing small business can be an exciting endeavor. Purchasing an already-existing business also has multiple advantages for buyers. Buying a pre-existing business can reduce startup costs. Furthermore, if the business has had past success, the...
Restrictive covenants such as noncompete agreements are commonplace in today’s employment contracts. Minnesota’s large med-tech presence often lands departing employees in legal battles with Medtronic, Boston Scientific, St. Jude Medical, and other companies who have...
If I’m selling my business, what’s the difference between an asset sale and a stock sale? When considering to sell your business or to buy a business, it is important to know the difference between an asset sale and a stock sale. Generally, buyers prefer asset sales...
If I have a dispute with two or more people, is there any other method to resolve the differences other than litigation or court? Yes! There are numerous alternatives to trial or litigation if you have a dispute. Minnesota courts often require that parties...
Most people think about how much income tax they pay in a year more than any other taxes, but taxpayers who ignore their property tax statements could be paying significantly more than they need to each year. Both residential and commercial property owners can...
Congress recently passed a law that will provide further security to companies seeking to protect their trade secrets. The newly signed Defend Trade Secrets Act adds a civil cause of action to the criminal liability currently existing through the Economic Espionage...
