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LLC Meeting Minutes: First Members Meeting

January 19, 2012

This in an example of the Minutes of Initial Meeting of Member of an LLC, one of the required documents for starting an LLC. Click here for an example of the Minutes of the Initial Meeting of Board of Governors of an LLC. Minutes will vary from meeting to meeting and the requirements may differ [...]

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Written Action In Lieu of Initial Meeting of Board of Governors

January 19, 2012

This Written Action in Lieu of Meeting of First Board of Governors is written from the perspective of a company with a sole (1) governor. This Minutes of the Initial Meeting of Board of Governors is from the perspective of an LLC with multiple governors and covers an actual meeting rather than a Written Action [...]

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SUMMARY OF RECOMMENDATIONS OF THE 2007 COLLATERAL SANCTIONS COMMITTTE

February 3, 2012

This is part of a series recommending changes to how Minnesota handles criminal records and employment. The full report is here: Criminal Records and Employment in Minnesota.  Full recommendations, and the rationale for each proposal, are set forth in the chapters under which they appear in this summary. NOTICE COURTS Provide a general notice regarding [...]

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WORK EXPERIENCE | Criminal Records and Employment in Minnesota

February 2, 2012

This post is part of a series recommending changes to how Minnesota handles criminal records and employment. The full report is here: Criminal Records and Employment in Minnesota.  Some Committee members have substantial experience supervising and/or assisting people with criminal convictions as they attempt to build lives free from crime. They were instrumental in maintaining the [...]

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Rich Robertson Fraud Email: Attorney Scam

February 2, 2012

Our law firm recently received several emails from one Rich Robertson that appear to be part of a typical attorney scam. The emails request our law firm act as a “mediator in the collection” of a debt supposedly owed by one Eric Muller. Attorney Scam Email 1 Hello Counsel, I am inquiring about the possibility [...]

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Recommendation to Educate Schools About Collateral Sanctions

February 2, 2012

This post is part of a series recommending changes to how Minnesota handles criminal records and employment. The full report is here: Criminal Records and Employment in Minnesota.  Give notice to those intending to embark on studies leading to employment that they should consider any records of contacts with the police or criminal courts in career-planning. [...]

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Criminal Records and Employment in Minnesota

February 2, 2012

REPORT AND RECOMMENDATIONS OF THE 2007 COLLATERAL SANCTIONS COMMITTTE In 2007, Minnesota’s Legislature focused several public safety initiatives on the important business of reducing recidivism among the vast majority of imprisoned offenders who will return from incarceration to live among us. The Legislature created the Collateral Sanctions Committee responsible for this report and mandated that [...]

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Franchise Disclosure Documents – Item 21: Financial Statements

February 1, 2012

Item 21: Financial Statements Consistent with the UFOC Guidelines, the amended Rule requires franchisors to include in Item 21 copies of their financial statements audited in accordance with generally accepted accounting principals (“GAAP”) for the most recent three fiscal years to show the financial condition of the franchisor. The financial statements of franchisors that own [...]

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Franchise Disclosure Documents – Item 20: Outlets and Franchisee Information

January 26, 2012

Item 20: Outlets and Franchisee Information Like the UFOC Guidelines, Item 20 of the amended Rule requires the disclosure of statistical information on the number of franchised outlets and company-owned outlets for the preceding three-year period. Note, however, that the tables in the amended Rule differ substantially from the version of these tables that may [...]

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Franchise Disclosure Documents – Item 19: Financial Performance Representations

January 23, 2012

Item 19: Financial Performance Representations Like the original Rule and the UFOC Guidelines, the amended Rule permits, but does not require, franchisors to include representations about financial performance in their disclosure documents.16 Unlike the original Rule, a franchisor that decides to make such representations must include them in Item 19, not in a separate document. [...]

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Minutes of the Initial Meeting of Board of Governors of LLC

January 21, 2012

The following is an example of  Minutes of the Initial Meeting of Board of Governors of an LLC.  Click here for an example of  a Written Action In Lieu Of Meeting of First Board of Governors. All Minutes are different and may require certain language. Consult with an experienced business attorney before conducting an Initial Meeting [...]

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Franchise Disclosure Documents – Item 18: Public Figures

January 18, 2012

Item 18: Public Figures Item 18 of the amended Rule requires the disclosure of certain information about a public figure’s involvement in the franchise system. This covers public figures who lend their name or image to the franchise, control or manage the franchisor, or invest in the franchisor.  Who Qualifies as a “Public Figure”? A [...]

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Franchise Disclosure Document – Item 17: Renewal, Termination, Transfer, and Dispute Resolution

January 17, 2012

Item 17: Renewal, Termination, Transfer, and Dispute Resolution Item 17 of the amended Rule is substantively similar to Item 17 of the UFOC Guidelines. It requires franchisors to summarize, in the specified tabular format, common provisions of franchisee agreements, including those provisions dealing with termination, renewal, and dispute resolution. The Item 17 table must begin [...]

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Off-Duty Drug and Alcohol Use

January 15, 2012

Many employers would like to terminate the employment of an employee who is arrested for or convicted of an off-duty DUI, possession of narcotics, or other conduct the employer regards as unbecoming of its business or harmful to its reputation. Even though Minnesota is still an “at will” employment state, an employer will be best [...]

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Minnesota Employer Drug and Alcohol Policy

January 14, 2012

Even if an employer does not institute a drug and alcohol testing policy, the employer is well advised to put its employees on notice that it will not tolerate drug or alcohol use, sale, possession, or the like in the workplace, on work time or while operating company vehicles or machinery and that violations of [...]

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Franchise Disclosure Document – Item 16: Restrictions on What the Franchisee May Sell

January 14, 2012

Item 16: Restrictions on What the Franchisee May Sell Like the UFOC Guidelines, the amended Rule’s Item 16 calls for disclosure of any restrictions relating to the goods or services a franchisee sells, including: any restriction allowing only sales of franchisor-approved goods or services; any restriction requiring a franchisee to sell all goods or services [...]

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