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- February 6, 2014Finance & Banking
Dissolving the Domestic Business Corporation in Minnesota
Corporations created under the laws of the State of Minnesota are entities created by statute. As a result, it only makes sense that we must look to statute for the process to end a corporation’s existence. Called “dissolution,” Minnesota statutes provide three basic alternative processes for the shareholders of a corporation to wind up and... - January 23, 2014Labor & Employment
DSM V and it’s Impact on the Americans with Disabilities Act
As most employers know, the Americans with Disabilities Act (“ADA”) was significantly amended effective January 1, 2009, to broaden the scope of what constitutes a “disability” under the Act. Historically, the Equal Employment Opportunity Commission looks to the Diagnostic and Statistical Manual (“DSM”), published by the American Psychiatric Association as a diagnostic tool, for guidance... - January 7, 2014Family LawDivorce
Retirement Assets in Divorce
In many divorce cases, the most valuable assets of the “marital estate” are the parties’ retirement assets. These can account for tens to hundreds of thousands of dollars of value. This article is a primer on this subject matter, summarizing (1) what forms these retirement assets commonly take, and (2) how spouses can approach a... - November 10, 2013Family LawDivorce+1
Dividing the Farm: Using Options to Rent and Options to Buy When Farmland Has to be Transferred
Farm divorce cases in Minnesota are extremely complex. In addition to understanding how to equitably divide marital and non-marital assets, Minnesota farm divorce lawyers must understand the farm business, accounting and tax issues, as well as banking and finance principles. Many farm divorces require a significant understanding of business transactions and valuations, as well as... - October 31, 2013Business & Corporate Law
Liability for Bullying in the Workplace: No Longer Just “Maybe Someday”
It’s a common refrain: there is no liability for bullying in the workplace – but there might be soon! Awareness and discussion of bullying, and all of the stresses and issues that come with that behavior for both the bullied and those around them, seemingly grows exponentially annually. While this rising awareness certainly includes focus... - October 28, 2013Family LawDivorce
Spousal Maintenance and the Minnesota High Net Worth Divorce
When most divorces in Minnesota end, neither party is able to maintain the “marital standard of living.” This happens because, not surprisingly, most people do not have a lot of money left over after payment of expenses while they are married and that issue only gets worse when the bills effectively double. But when a... - August 13, 2013Family LawDivorce
What Part of Your Asset is Protected by an Antenuptial Agreement?
In Minnesota, antenuptial agreements (also called “prenuptial agreements” or “preunps”) are useful tools for a number of reasons. One such use is to protect assets acquired before marriage. But depending on the language of the antenuptial agreement, not all of the asset may be protected from division in divorce. Law schools teach that property should...