A lawsuit that was filed in Minnesota on April 10 alleges that the CEO of Life Time Fitness is working with a consortium to purchase the company that he owns. The business litigation involves allegations that the CEO of Life Time Fitness has a conflict of interest by owning shares in both Life Time Fitness...

Entrepreneurs in Minnesota might benefit from learning more about some of the factors involved in identifying properties capable of supporting the operations of a business. There are several variables for business owners to consider before signing a contract to lease a building or facility. Each enterprise has a unique set of priorities that the property...

A question I often receive between March and October every year is how to deal with growing crops in a Minnesota farm divorce. In Minnesota, the value of the marital assets is determined as of the “valuation date.” The valuation date is different in every case and sometimes can be agreed upon by the parties...

Small business owners in Minnesota sometimes make legal errors that may expose them to significant liability and the potential for thousands of dollars in losses. These errors are preventable and correctable, and it is important that people understand them so they can avoid them in the first place. One of the more common errors people...

Few events can set a business back as quickly as a divorce involving one if it owners. Whether the business is a farm, manufacturing company, medical or dental practice, or other professional practice or business, a divorce and efforts related to getting the parties and the business through the divorce can wreck substantial havoc to...

While the Ebola outbreak has mostly faded from American headlines, until this past Saturday, hundreds of Minnesotans were prepared to deploy to Liberia to support U.S. efforts to contain the virus. The Ebola outbreak in West Africa was first reported in March 2014, and the current epidemic has now killed more than all other known...

In today’s environment, banks face an ever-changing set of rules and regulations with regard to lending, portfolio management, fees and even operational issues. Given the speed at which the environment can change, it’s important that a bank has a trusted partner who can guide them through the complex web of rules and regulations. A skilled...