Limited Liability Companies and a New Minnesota Statute
April 26, 2017 | Daniel D. Ganter, Jr.The Minnesota legislature has adopted a new statute governing limited liability companies, Minnesota Statutes Chapter 322C. On January 1, 2018, all 322B LLC’s will be automatically converted to 322C LLC’s. This conversion could result in significant inconsistencies in the LLC governing documents which could cause problems in the future. Therefore, we are advising all 322B LLC’s to amend their Articles of Organization and adopt Operating Agreements which would avoid any inconsistencies. If you would like more information, call Dan Ganter at 763-783-5127.
Read MoreHow A Well Trained Dog Can Save Thousands
April 19, 2017 | Adriel B. VillarrealIn the United States, dogs are the most popular choice of pet in family households, due to their companionship and loving nature. They are treated as a member of the family and some dogs even run the household. This is why many dog owners turn to training to control their dogs and create a healthy environment for the whole family to enjoy. Training your dog is not only great for making sure your four-legged friend walks nicely on the lead or doesn’t have any accidents in the house. Teaching your dog the right behavior can actually save you thousands of dollars. And we don’t mean from buying new your furniture. Unfortunately, every year in the US, there are around 4.7 million dog bites and an increasing number are on young children. Statistics even show that about 77{a0c01d20c42349884e67ff80c137866b0a9fe47aaae8f8a86a605a369ae487c3} of victims know the dog through family or friends. As such a loved member of the family, it is hard to imagine that your dog could ever do this. You may think; this doesn’t apply to me, my dog isn’t aggressive. But, the truth is that a lot of dogs that injure other people aren’t normally vicious or show no signs of aggression prior to the incident. It is possible for dogs to act of character…
Read MoreHey Dad… about your car…
April 7, 2017 | Carole Clark IsaksonThe story I’m about to tell you is true. There I was, on a beautiful sunny day in 1983 driving through the Notre Dame student parking lot in my father’s beautiful sky blue 1969 Corvair convertible. What an understandably excellent mood I was in! And then…. Not. That great day was destroyed in an instant by a horrible crash and heavy scraping noise. I didn’t know what had happened, but I was fairly sure it wasn’t good, so I stopped the car, shut off the engine, and walked to the back (from whence the horrible noise had come). And there I saw it – the unexpected sight of the car engine ON THE GROUND!!! I had no plan in place for this sort of disaster, other than the “Call Dad” plan. And while it worked for me then in 1983, I currently recommend to clients that a somewhat broader and more detailed disaster recovery plan be developed. Does your business have one? I expect that as with many of my business clients, a customer or supplier has asked for you for a copy of your disaster recovery plan or your business continuity plan. The former is just what it says – how your business will cope with a disaster of various types. The…
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