Business Law

WFJ Presents: Indemnity Agreements: What are they? Are they for me?

Indemnity clauses are in lots of contracts. For some, they are wonderful. For others, they are not! Before we get into that though, it is important to understand what they are.

Jeff Nicolet Presents at The Minnesota Subcontractors Association

Jeff Nicolet will be presenting a seminar titled “Understanding and Using Construction Liens” on behalf of The Minnesota Subcontractors Association on February 14, 2017 in Roseville, Minnesota. The seminar will focus on the benefits and procedure for obtaining and enforcing Mechanic’s Liens in Minnesota.

WFJ Presents: Selling Your Small Business, Part One

WFJ’s Small Business Team has counseled clients in the execution of small business asset purchases for a diverse set of industries, including restaurants/food service, manufacturing, publishing, insurance, retail, and many others.

WFJ Presents: Minnesota LLCs and the Newly Revised Uniform Limited Liability Company Act

If you’re one of the nearly quarter-million Minnesotans  who created a Limited Liability Company since the entity selection first came to be in 1993, you’ll want to take notice of a new law signed into law by Governor Dayton.

WFJ Presents: “Social Business” Hybrid: The New Minnesota Public Benefit Corporation

So, let’s assume you know an entrepreneur who has a great business sense, and also is committed to a particular social cause.  This entrepreneur places equal emphasis on both concerns: She strives to support the social cause, but she cannot ignore profits and the bottom line, especially since her idea is novel and will certainly attract outside investors, who undoubtedly will want to benefit financially from their investment.

WFJ Presents: The Minnesota Women’s Economic Security Act: Are You in Compliance?

Minnesota Governor Mark Dayton signed the Women’s Economic Security Act  (WESA) into law on May 11, 2014. The nine-part law imposes new specific requirements on Minnesota employers, most of which aim to address reducing the gender pay gap. Some highlights of the new law include:

WFJ Presents: Look! Do People See that Your Business is an LLC?

A primary reason that many people who own their own business set up a limited liability company, corporation or other formal business entity instead of operating as a sole proprietorship or a partnership is liability protection – to protect their personal assets from claims against their business.