Link to Free Small Business Guide Download What is an example of a disclosure in the context of a security offering? How do you decide what information should go in there? What should you do with the information you do not want to tell investors? What if you have bad information to disclose? Where do
Minneapolis Business Lawyers
- Assisting New Business Owners
- Representing Growing Companies
- Helping Insolvent Business Owners
- Managing Complex Business Deals
Thompson Hall was founded by representing business owners in small and mid-sized companies. We have a close working relationship with our business owner clients, including small and large companies, partnerships, and joint ventures.
We provide counsel to business owners, in a variety of business contexts, to ensure legal compliance, minimize taxes, and reduce risk. From formation to dissolution, we help our clients save money, minimize legal expenses, and avoid legal obstacles that could trip up their business.
Assisting New Business Owners
Our Minneapolis business attorneys work with new business owners on a weekly basis. The needs of new businesses are relatively simple. We love working with new business owners, so we offer a number of cost-effective options to fit the tight budget of a small business owner.
New business services include the following:
- Selecting the best type of business (LLC, partnership, S corp, C corporation)
- Drafting bylaws, buy-sell agreements, buy-back agreements, repurchase agreements, etc.
- Planning to minimize taxes
- Registering trademarks and copyrights
- Negotiating commercial leases
- Drafting employee manuals, standard company contracts, and business policies and procedures
Representing Growing Companies
Our business attorneys partner with business owners throughout the life of the business. Our attorneys understand business, in addition to business law. Our business law practice is about improving your bottom line and helping you compare your legal options based on your ROI. We understand you need the job done right, without unnecessary extra frills.
Our business lawyers represent established businesses in the following ways:
- Drafting contracts for complex agreements
- Collecting unpaid bills and debts
- Minimizing risks of litigation and financial liability
- Advising on trademark, copyright, patent, domain name, trade secret, and related IP issues
- Advising companies on state and federal employment laws
- Representing in lawsuits, arbitration, mediation, and administrative hearings
- Dealing with trademark infringement, unfair business practices, trade secret violations, antitrust matters, and business torts
Helping Insolvent Business Owners
Not every business succeeds. When a business fails, our attorneys help protect the business owner’s finances, reputation, and assets. Many of our business clients are relieved to learn how many options are actually available to them. Our business attorneys can help struggling businesses with the following:
- Negotiating debts and loan defaults
- Dealing with harassing creditors
- Analyzing complex financial issues
- Preserving the most assets in bankruptcy
Managing Complex Business Deals
- Negotiating complex deals and drafting sophisticated contracts
- Addressing real estate problems
- Preparing franchises, JVs, partnerships, and complex business relationships
- Representing buyers and sellers in a business sale or purchase
- Facilitating mergers and acquisitions
- Advising on the sale and licensing of intellectual property and intangible assets
Experienced Minneapolis Business Attorneys
Our firm’s considerable experience in business and corporate law has been a great benefit to our business owner clients. Our goal is to develop personal relationships with our clients, to be available when they have questions or needs, and advise them on ways to minimize legal trouble so they can focus on growing their business and enjoying the rewards of their profits.
Our Minneapolis business attorneys are experienced in representing companies large and small. Their primary practice is representing business owners and businesses with under 50 employees. Representation includes avoiding legal problems through planning and careful contract drafted, providing answers to business legal questions as companies face legal issues, and representing parties in lawsuits and business deals.
Our business attorneys are experienced in representing businesses in a variety of industries. Their work has resulted in significant media coverage, speaking engagements, and being published in legal publications. Representing businesses is a significant portion of our law firm.
The Johnson Amendment: What its Repeal Would Mean to your Nonprofit Organization
In 1954, then Senator Lyndon Johnson sponsored legislation that applied to organizations recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code. The legislation prohibited tax-exempt organizations, largely churches, from “directly or indirectly participating in, or intervening in, any political campaign on behalf of (or in opposition to) any candidate for elective public office.”
Factoring Uncertainty into the Value of Your Business
Businesses currently face numerous uncertainties in the marketplace. As President Trump and Republican congressional leaders work toward fulfilling their campaign promises, tax laws could substantially change, the estate tax could be repealed, and various laws and regulations (including the Dodd-Frank and Affordable Care Acts) could be repealed or revised. Interest rates and inflation could both
Equity Crowdfunding: Step by Step Decision Tree
Entity Selection: Why and How You Should Incorporate Your Business
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Entity Selection: Four Practical Case Studies
Scenario Adam and Bill want to form an entity to conduct consulting business. Each will own 50% of the business and both will be actively involved in the business. Both want to ensure their personal assets are protected from business creditors, but they do not have a lot of money for legal fees and set-up
Social by Staffing: An Overlooked Social Enterprise Method
In recent years, momentum behind the so called “social enterprise movement” gas accelerated. But what exactly is a social enterprise? A social enterprise is an organization applying commercial strategies to maximize improvements in human and environmental well-being. A social enterprise can be either a for-profit enterprise or a nonprofit, charitable enterprise. Aided by a new
What is a Grunt Fund? Pros and Cons of the Formula
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Top 5 Legal Risks Faced by Fintech Companies
Fintech is the overlap between technology and finance. The Fintech sector includes companies providing technological solutions or innovations to traditional financial service businesses. Fintech has proved disruptive and transformative to the highly regulated financial service industry. The Fintech market is growing exponentially and has become increasingly crowded. Nearly half of American Fintech sector leaders think
The 2nd Annual Benefit Reports are Coming!
We are celebrating the second full year of public benefit corporations in Minnesota. Public benefit corporations are for-profit corporations that have elected to add a social "benefit" purpose in addition to a general business purpose. This additional social purpose allows public benefit corporations to elevate pursuing a social good through business to a status at
How can Crowdfunding and Venture Capital Thrive Together?
Amongst all the excitement about crowdfunding, one key group is still skeptical: Venture Capitalists. The JOBS Act aimed to make startup funding more accessible and it is beginning to do so via Regulation CF (Federal Crowdfunding), Regulation A+ offerings and state based crowdfunding. Many offerings have already been launched, some more successful than others, and
Crowdfunding: What You Can Say to Who and When
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Scan Your Company’s Software for Pirates and Viruses
When you think of Internet piracy you aren't likely to think of your company. Instead you may imagine warehouses filled with copying machines running 24/7 to produce bootlegged versions of popular software. You might want to revise that view. Corporate software piracy is more common than you likely think. In business, software piracy comes in
Risk Management: Formulating Plans Based on New Realities
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Doing It Right: 12 Steps to a Better Start-Up
With the new year comes a new opportunity to pursue business ventures. Many entrepreneurs look to the start of the year as a fresh canvas to create their enterprise. Unfortunately, while the “what” of business seem to change almost daily, the basics of business start-up are not so dynamic and rarely change. At JUX, we
Best Law Practice Management Software: CosmoLex vs Clio
Like other professional service sectors, there is little margin for error in the legal industry. In order to remain compliant, law firms must keep case and client records securely confidential as well as robustly track billing and bookkeeping. Without a top-notch law practice management software package, these tasks, among others, are near impossible in the
Prepping Your Business for Sale: Best Practices, Strategies & Timeline
It is never to early to begin planning and preparing to sell your business. The key to a successful sale is having a well-formulated exit strategy and diligently adhering to a natural timeline. 1) Clarify your life goals. What will you do after your sale? Make sure to have a well thought out post-retirement plan. Also,
Getting Money Out of Mainland China Gets A Lot More Complicated
There have long been controls on sending money abroad from mainland China. For example, individuals are not allowed to move more than U.S. $50,000 out of mainland China each year, and there have also been limits and an approval process for companies to transfer money out of the country. However, due to more recent economic
Documenting Core Company Processes: Examples
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Corporate Bribery: Best Practices for Company Compliance
As we get deeper into the 21st century, more and more American companies are pursuing the revenue growth offered by global markets. Around the world, new markets are emerging as the middle class of countries is wielding its discretionary income to demand a wider array of products and services. However, just as there is great