Federal laws regulate how companies can collect debts from consumers. The laws are specifically targeted towards consumers - they do not include debts for businesses. Collectors are limited in how they can contact you to collect debts too. They cannot harass you or intimidate you while trying to collect on a debt. The law provides
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.
Minnesota Women-Owned Businesses: Successes, Challenges and Policy Concerns
Small businesses in Minnesota are thriving. Just recently, the state was ranked number one nationally for rate of small business ownership. Women are enjoying the healthy business climate as well. The same report, ranked Minnesota number two nationally for the rate of businesses owned by women. The statistics are impressive. Minnesota has approximately 20% more women-owned than
Is A Term Sheet Legally Binding?
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Decades ago, many businesses engaged in transactions with other entities in the same geographic area. Then came the Internet and other electronic devices that allow business to be easily conducted with a just a few clicks. Today's companies are likely engaged in transactions with entities in other states. You need to comply with the UCC
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How Consumer Protection Laws Affect Your Business
In the "good old days," owners of honestly-run businesses had little reason to fear the law. "Caveat emptor," or let the buyer beware, was the norm. Contract laws, particularly those involving warranties, provided consumers with the ability to sue under some circumstances, but it was relatively easy for companies to avoid the long arm of
Antitrust Laws Designed to Foster Competition
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Five Things You Should Know about ‘Demand Letters’
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Donald Trump: Six Ways the 45th President will Impact Small Businesses
Markets dislike uncertainty. America experienced more than its fair share of uncertainty on election night, when Donald Trump shocked the pundits by upending their polls and predictions and winning the presidential election. Not surprisingly the markets quaked; as the results came in Dow futures plunged and at one point were down almost 800 points. They
Setting Reasonable Expectations for Family Business Succession
Succession planning involves decisions and planning regarding the transfer of the entrepreneur role. During this process the entrepreneur determines if, when, how, and to whom they want to transfer the enterprise and for how much. In order to engage in succession planning, the entrepreneur must want to transfer either wealth or opportunity to the next
Raising Money: The SEC Adopts New Rules That Help Entrepreneurs Raise Money
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Can a Minnesota Public Benefit Corporation Lose its Status?
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