– Legal Insights –
When a professional forms, operates, or transfers a firm, compliance requires more than simply following the laws governing corporations, limited liability companies, or limited liability partnerships. If the firm provides certain professional services, it may also be subject to the Minnesota Professional Firms Act (“MPFA”), codified at Minn. Stat. ch....
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The Red Flags Partners Ignore—Until It’s Too Late Business divorce isn’t rare. Worse, it’s inevitable for the partnerships that ignore warning signs. Most partners don’t wake up one morning wanting out. Instead, they tolerate small problems. They rationalize bad behavior. They tell themselves it’s temporary. That’s how businesses die slowly....
Co-Authored by: Alec Sherod & Evelyn O’Brien With absentee ownership of farmland growing in the United States, well-structured lease agreements are vital to ensuring operator and landlord profitability. In 2024, approximately 348 million acres of U.S. farmland were leased to operators. Because farmland has high profitability potential and many families...
Hellmuth & Johnson attorney Kristine Spiegelberg Nelson authored an article for Minnesota Community Living on HOA assessment collection, exploring why assessments matter, MCIOA’s role, and the strict legal requirements for liens and foreclosures. Nelson sheds light on the enforcement pitfalls associations must avoid to protect their collection rights. Read the...
In this series of articles, we are analyzing the various changes that the affected associations will need to make to their policies, procedures, and, potentially, their governing documents by January 1, 2027, to comply with the new requirements of the Minnesota Common Interest Ownership Act (“MCIOA”) adopted in SF 1750....
Co-Authored by: Alec Sherod & Evelyn O’Brien American farmers rely on supply chains that stretch far beyond the United States’ borders. Accordingly, geopolitics plays a critical role in determining the input costs that farmers face, from fertilizer and fuel to agricultural equipment. As geopolitical tensions rise and production prices remain...
Co-Authored by: Samuel Landman, Hellmuth & Johnson & Daniel Zugell, Business Transition Advisors Employee Stock Ownership Plans (ESOPs) continue to gain massive momentum as the “Baby Boomer” generation hits peak retirement. With roughly 10,000 individuals turning 65 every day, a historic wave of business succession is underway. Many business owners...
What Surface Owners and Mineral Owners Get Wrong—and Why It Matters Oil and gas law is surrounded by folklore. Some of it comes from outdated practices. Some from bad advice. Some from wishful thinking. And some from people who confidently repeat things they’ve never bothered to verify. That confusion is...
Your marketing drives brand recognition, but it also directly affects your trademark rights. The way your team uses your marks in ads, social media, packaging, and websites can strengthen (or erode) the value of your registrations at the U.S. Patent and Trademark Office (USPTO). Trademarks are legal assets defined by...
This article is the second in a series about changes in the MCIOA. In this series of articles, we are analyzing the different provisions of SF 1750, which made numerous changes to the Minnesota Common Interest Ownership Act (“MCIOA”). With the exception of a few changes in definitions, which were...
Memorial Day has come and gone, which means summer break has begun for most families. The good news is the kids will be out of school for three months, and you will have time to go to the cabin as a family. For divorced parents, though, it may also be...