How to Prepare for Mergers & Acquisitions in an Uncertain Economy
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
Posted on Monday, June 8th, 2020
Premises Liability During a Pandemic
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 Specifically, Executive Order 20-56 rescinded a previous order, which had forced the closure of many businesses, and now allows limited customer interaction for a much wider range of the economy.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
Posted on Monday, June 1st, 2020
“The Application” is Available, Along With More PPP Loan Guidance Regarding Forgiveness
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
Posted on Sunday, May 17th, 2020
Force Majeure Hits the Spot(light)
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
Posted on Thursday, April 30th, 2020
The Time for Waiting is Over: Appeal Your Property Taxes Before It’s Too Late
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
Posted on Sunday, April 19th, 2020
Coronavirus (COVID-19) and Leased Real Property – Top Considerations for Landlords and Tenants
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
Posted on Monday, April 6th, 2020
Executive Order 20-20: Stay at Home Direction and Strategies for Minnesota Employers
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
Posted on Friday, March 27th, 2020
Safeguarding Your Business Against the Coronavirus
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
Posted on Saturday, March 21st, 2020
Employee Handbooks: Pitfalls and Best Practices
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
Posted on Tuesday, March 10th, 2020
ALERT: Website and App Accessibility Lawsuits
My last post on web/app accessibility issues was in 2014. Since then, the issue has surfaced for clients very infrequently. However, the recent holding from the U.S. Court of Appeals for the Ninth Circuit, that Title III of the Americans with Disabilities Act required Domino’s Pizza to make its websites and mobile applications accessible to… View Article
Posted on Saturday, February 15th, 2020