We are excited to announce that Paul Godfread has joined Pruvent PLLC. Paul’s practice focuses on intellectual property and data privacy. He has represented businesses both large and small in transactions and litigation. He has substantial experience with trademarks and branding issues. Paul has a background in technology which has informed his practice. He has… View Article
How the Right Strategies & Timing for Mergers & Acquisitions in Downturns Can Be the Key to Greater Returns & Success As the economy cycles, uncertainty can alter investment strategies and deals involving mergers and acquisitions (M&A). For example, during economic downturns: The sheer volume of M&A activity usually declines: When comparing the first quarter… View Article
Many Minnesota businesses reopened on May 18, 2020 as Minnesota relaxed the restrictions designed to slow the spread of the novel coronavirus. Specifically, Executive Order 20-56 rescinded a previous order, which had forced the closure of many businesses, and now allows limited customer interaction for a much wider range of the economy. At the same… View Article
A lot of businesses were quick to take a loan that came out of the CARES Act’s Paycheck Protection Program (PPP), as administered by the Small Business Administration (SBA). But those businesses did not take the funds knowing all the rules (or what the whole process would look like). As many readers of this article… View Article
Many businesses are dusting off the seldom used force majeure clause in their agreements because of the current pandemic (due to government orders or otherwise). We have touched on this topic before. But what is a force majeure clause and what does it do? A force majeure clause allows a party to delay, suspend, negate,… View Article
For owners of commercial real estate, cash flow is important. Property owners should always be looking for opportunities to cut unnecessary costs, particularly during periods of economic uncertainty. Frequently overlooked, a real property tax appeal may present an opportunity to save a significant amount of money and may even lead to a recovery of a… View Article
Companies everywhere are analyzing options, safety nets, and contingency plans for these challenging times. The growing number of shutdowns, “shelter-in-place” and “stay home” orders is putting a strain on landlords and tenants, who either need to work together or react in different ways. As COVID-19 numbers increase, you should know more about your specific lease… View Article
In a previous article, we discussed the various ways the coronavirus may impact Minnesota businesses. The potential economic impact of COVID-19 came into sharp focus on March 26, 2020, when Governor Walz issued Executive Order 20-20. This order requires “all persons currently living in Minnesota” to stay at their home or residence, with some exception… View Article
Within a relatively short amount of time, the coronavirus disease has impacted the economic landscape around the globe. Coronavirus has spread to approximately 150 countries as of the time of this writing, including all 50 states. Minnesota is no exception. In response to the threat posed by the coronavirus, on March 16, 2020, Governor Walz… View Article
Though employee handbooks are common in modern employment relationships, handbooks vary significantly in the legal protections they provide. A well-drafted handbook provides helpful guidance to employees, serves as a valuable tool for an employer, and may even give businesses an edge in litigation. If drafted poorly, a handbook may have unintended consequences and may cripple… View Article
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.