Of course the news cycle wouldn’t allow me wrap up on Minnesota’s Adult Use Cannabis Law series at four posts (see the links for Parts 1, 2, 3, and 4)! It needed a fifth part, where I discuss the bill that was signed into law a few weeks ago. On May 24th, Governor Tim Walz … Read more
Non-compete agreements have been in the news lately because the FTC “banned” them. Yeah, it was in the boring section in the news, but I know I’m not the only one who saw it – as we’ve had questions. First, the FTC issued a final rule. That’s an administrative rule, not a law, but lots … Read more
Lots of provisions are looked at prior to a contract being signed, some at signing, and others not until afterwards when there is a problem. Representations and warranties are ones that can be important at each of these stages. Each of these are used to properly place risk and expense. They do so by showing … Read more
(part 1 of 3) This series of posts follows Collin’s earlier posts on Corporate Transparency. Thank you, Collin, for paving the way! For that helpful context, please see Collin’s posts here and here. The purpose of this series is to dig a little more into the “nuts and bolts” of who must be reported, the … Read more
As OG+S’s attorney licensed in Minnesota and on the heels of last week’s post about the FTC proposed rule related to non-compete clauses, I figured I should cover recent changes in Minnesota law related to non-compete agreements. If you are looking for some helpful context about non-competes, Collin’s post provides helpful context. For agreements entered … Read more
After a long hiatus from this blog, I decided it was time to revisit S-Corps. If you are unfamiliar with S-Corps, go check out Collin’s first and second posts on S-Corps, which provide helpful context. With the foundation laid for the basics of S-Corps, we can turn to the main focus of this post: electing … Read more
Royalties, the Net v. Gross Profit Distinction, and Dolly Parton. Part 1 One of my guiding life principles is as follows: if it can include Dolly Parton, it should include Dolly Parton. Dolly Parton makes things better, and she is relevant in almost any discussion. Creating a children’s library? Reference Dolly Parton. Citing vaccination statistics? … Read more
You may already know a bit about notaries. That’s when you have to show your driver’s license and sign a piece of paper so the person who pretended they were a bouncer while looking at your ID can put a stamp on the paper confirming that you are you. Or as the Wisconsin Department of … Read more
I’ve written about this topic before, but it keeps reasserting itself in client questions, comments, and requests on a regular basis – so, I suppose it’s time to write about it again. “We want a quick one page agreement.” “Collin, I need a simple commercial lease, no more than three pages.” “They don’t like written … Read more
For a relatively short and simple document, a corporate resolution can be of the utmost importance. The use of corporate resolutions is imperative to the lawful continuation of your business. So today, I am going to walk you through the basics of corporate resolutions and why they are so important. What is a corporate resolution? … Read more