Thought Leadership

– Legal Insights –

For many business owners, their business is one of the most valuable and important things they own. When it is time to sit down and create an estate plan, it is critical that business owners plan for their business just as they would plan for their home or finances. Effective...

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The 2023 legislative session ended on May 22, 2023, and legislators were active in passing laws that impact the construction industry. Some of these laws should prompt contractors to review and update their subcontractor agreements and other policies and practices. 1. Geral Contractors Responsible for Subcontractor Wage Claims: General contractors...

With potential adult-use cannabis legalization around the corner, people are naturally excited and eager to start dispensary-like retail shops even before the legislation has passed Minnesota’s legislature. One trend we see more is retailers selling cannabis flower containing high levels of the cannabinoid tetrahydrocannabinolic acid (THCa), which is the precursor...

The value of farmland has increased significantly over the last couple of years across Minnesota and the rest of the upper Midwest. This increase in the value has a significant impact on farm succession plans and should be taken into consideration when these plans are evaluated. With the increase in...

Many farm families choose to use business entities for their farmland and farm operations. They may do this for liability protection and succession planning. When using entities, it is important to follow the Minnesota corporate farm laws found in Minnesota Statute Section 500.24. Generally, the statute prohibits operating a farm...

A “trademark” can be any word, name, symbol, or device, or any combination thereof *used by a person (or entity), to identify and distinguish goods or services from those manufactured or sold by others, and to indicate the source of goods or services. (For purposes of this discussion, “trademark” will...