Taking on debt is a normal part of growing a business. However, due to situations like economic downturns or unexpected expenses, it can become unmanageable. To avoid bankruptcy, debt restructuring strategies like an equity swap or bondholder haircut can help you...
Weak environmental regulations and unchecked development are hurting Minnesota’s lakeshores. This problem affects not only the environment but also local communities, businesses, and outdoor activities. With more buildings going up near the lakes, the natural beauty...
Off-grid living can be an appealing lifestyle for some: communing with nature, detaching from the grind of urban life and living a sustainable life that embodies the ideals of freedom of the American dream. However, before you run off to build your dream off-grid...
Section 363 of the U.S. Bankruptcy Code outlines the procedures for using, selling, or leasing property from a debtor’s estate. The decision to sell assets under Section 363 can be particularly taxing for business owners, as it often comes at a moment of significant...
As a property owner in Minnesota, you might encounter various challenges that affect your land rights. One such challenge is the concept of prescriptive easements. These legal rights may impact your property ownership and usage. Understanding prescriptive easements...
False accusations can be a severe blow to your business under any circumstances. Aside from the potential hefty fines and legal battles, they can destroy your hard-earned reputation and customer trust in one sweep. If you face such allegations, taking immediate steps...
Evictions can be expensive and time-consuming. Aside from the lengthy process, it is also complicated and often requires a landlord to seek legal assistance. Most landlords consider eviction a last resort. If you are a landlord looking into your options, it is usually...
Starting a business is a complex process that involves navigating various regulations and requirements. One of the key aspects is obtaining the necessary city licenses to operate legally. Businesses often encounter several common issues with city licensing. Inadequate...
When you run a business, the last thing you want to hear is the prospect of the government seizing your property through eminent domain. This situation often arises when the government needs your property for public use. Eminent domain could have significant...
As a commercial property owner in Minnesota, understanding zoning regulations is crucial to the success of your business. However, these regulations can be complex, and even restrictive at times. This is where zoning variances come in. These exceptions to the rules...