Monthly Archives: June 2016

Wells Fargo tower

A bad sign?

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From the offices here at Rubric HQ, we can see one of the signs mounted high on the new Wells Fargo towers near the Vikings stadium. Because of an injunction issued by a federal court on June 23, 2016, however, we may not be able to see that sign much longer.
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Minnesota’s Revised Limited Liability Company Act

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We Minnesotans like to be different. Just look at our football stadium, our beer, or our music scene. When Minnesota first created a limited liability company act, it did so in a unique way – most other states modeled LLCs after partnerships, but Minnesota mirrored laws governing corporations. In 2014, Minnesota decided to revise the limited liability company act, making it much closer to the majority rule. But as you may expect, the Revised Limited Liability Company Act retained characteristics unique to Minnesota. Read More

The Uniform Voidable Transfers Act

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When operating a business, minimizing risks is nearly as important as maximizing profits. Creating a legal entity such as a limited liability company or corporation is one simple step to minimize risks. We have written about the corporate shield and the limits to its protection. Even if you maintain the corporate shield, there are circumstances where your business’s creditors may be able to avoid the shield. Read More