Post judgment collections in the digital age: Garnishing websites and web domains
Under Minnesota law, a judgment creditor may garnish nonexempt property of a debtor to help satisfy a judgment. While this is a well established proposition, up until very recently it was entirely unclear whether a website and a web domain were property subject to garnishment and it was also unclear the precise legal procedure for […]
What Is a Single Purpose Entity and Why Is It Important…?
If you are business person looking to obtain a loan to purchase commercial real estate, the lender may require you to hold the property in a single purpose entity (typically a limited liability company (“LLC”) or corporation). If you are a lender in a position to finance your borrower’s commercial acquisition, it is often an […]