Business Litigation

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This blog post from the Minnesota Business and Real Estate Blog discussing the Fallacy that LLCs require less paperwork is spot on.

Many people come to my office wanting to set up an LLC because it is easier to "manage" than a corporation. But even with an LLC, it is important to follow corporate formalities…

Earlier this week I applied for a charge card for my new business. As a part of the application, I was informed that I would need to personally guarantee charges, not only for my card, but also the cards of any other people under the account. Fortunately, this did not come as a surprise because I had…

For the past 17 years, I have been advising businesses of all shapes and sizes, whether small or large. I have always loved working with startups. It is exciting to hear the stories of these entrepreneurs and how they could solve a problem or discovered a new way of doing business.

Now I am leaping into that startup…

Sometimes knowing what not to buy may be just as important as what to buy.

From BlueMauMau you should see this list of the 25 worst franchises to buy in 2011. The list is based upon failure rates of SBA loans only (with 50 or more disbursements). Eight franchises have over a 50 percent failure rate on getting the SBA loan…

I hear two words from prospective franchisees all the time. In fact, almost every time someone visits with me regarding a franchise opportunity. But a blog post on the Franchise King’s Blog says these two words don’t exist in franchising. 

If you are a prospective franchisee read the post from the Franchise King and take it to heart.

It is not unusual for a franchisor and franchisee to have a dispute that is resolved and then the franchisee continues in business. In those circumstances, a franchisor will often resolve the dispute with the franchisee in exchange for a full release of claims. These releases state that the franchisee is releasing the franchisor for any and all…

Matt Brick has a super webinar on our Brick Gentry Web site on the Changes to Iowa Employment Law and Legislation. Employment law is a constantly shifting area of the law that has serious consequences for employers, even when making a good faith mistake. Matt’s presentation covers important developments in employment law for both public and private…

I often received questions about whether a worker should be classified as an independent contractor or employee. In fact a blog post on Employees v. Independent Contractors is still one of the most popular posts ever on my blog even though I wrote it over three years ago.

In a couple of recent blog posts, Brick…

Pat Burk, a shareholder with Brick Gentry, P.C. practicing in real estate and business law has an important update with respect to how LLCs convey real property in Iowa.

Pat indicates that a recent change to the Title Standards of the Iowa State Bar Association removes the presumption of authority on LLC conveyance documents, such…

The Wall Street Journal Reports that many law firms have begun offering flat monthly fees to their business clients. Done correctly, these type of arranagements can be advantageous to the client and the firm. I have worked with several companies in this way for several years and prefer to charge flat fees for many different…