Your trusted source for Iowa business and franchise law insights.
Your trusted source for Iowa business and franchise law insights.
Throughout this blog you will see posts that recommend business people enter into a shareholder agreement when they start a corporation with multiple shareholders. But did you know that unless your shareholder agreement states otherwise, your shareholder agreement may only be valid for 10 years pursuant to Iowa corporate law?
Chapter 490.732 of the Iowa…
In a recent interview I was asked about what employers need to know about the H1N1 virus as a follow up to my recent post on how employers need to be prepared for H1N1. I didn’t have a lot of time to respond as the question came towards the end of the program and…
I had the pleasure of sitting down for an interview with Michael Libbie yesterday. We talked blogging, discrimination cases, franchising and other issues.
If you didn’t catch it live you can watch the podcast here. (The interview begins at about the 30 minute mark).
If you haven’t heard about Des Moines Local Live…
Need capital for your business? Looking for an investor? If so, you should take the opportunity to attend a seminar from the Business Innovation Zone of Central Iowa (BIZ) on how to get your business into shape and attract an investor’s eye.
Adam Claypool of DeWaay Investment Banking is the speaker. I have worked…
Megan Erickson of the Dickinson Law Firm has started Erickson’s Blog on Social Networking and the Law. Now that’s a blog that will have a never ending flow of posts. She already has an interesting array of posts including one where a business owner got slapped with a $2 million libel lawsuit for Facebook and…
The title of this post may be a little tongue-in-cheek, but I would say at this point I am forming perhaps 2-3 times as many LLCs as S corporations.
It still doesn’t mean you should rule out the S corporation as your entity of choice. It could be the entity for your situation. Joe Kristan…
Liz Overton of Sullivan & Ward, P.C. has a timely post on how employers should deal with the H1N1 virus.
While it’s true that employers are currently under no obligation to allow additional time off to employees who do not have available time off or have exhausted their available leave, I could easily see employers facing a tough dilemma about…
A few weeks ago I posted on how your spouse could get you fired. Well, its not just your spouse you need to worry about. What about your kids?
A recent Family Circle article discussed how a teen’s post got her father fired. The father apparently could not get time off to attend his…
Okay, you have decided you can do it on your own. You don’t need a lawyer to review your agreement (at least until the proverbial you know what hits the fan). But let me give you some MasterCard commercial-like "priceless" advice:
READ YOUR AGREEMENTS.
I am honestly not trying to be a smart aleck when…
You’ve probably seen them in your contracts. Miscellaneous provisions such as choice of law, litigation venue, successors and assigns provisions, no waiver, entire understanding, or supersede clauses. They tend to always appear at the end of the contract and are almost always an afterthought by the parties. After all, those provisions don’t mean anything…