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Efforts by State of Minnesota to Standardize Workforce Laws
September 14, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Laws, Sick Leave, Workforce

Efforts by State of Minnesota to Standardize Workforce Laws

In response to the new ordinances in Minneapolis and St. Paul covering paid sick leave requirements for all businesses, the state legislature has been busy drafting their own legislation which would o...

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Minneapolis and St. Paul’s New Sick Leave Ordinances
September 13, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Minneapolis, Sick Leave, St Paul

Minneapolis and St. Paul’s New Sick Leave Ordinances

A new ordinance went into effect July 1 for the city of Minneapolis called the Sick and Safe Time Ordinance. This new local rule is designed to create time off for many employees in the area including...

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What is a Limitation of Remedy Clause?
September 8, 2017Virtus LawNo CommentsCategories: Articles, Business, TechnologyTags: Contract, Limitation of Remedy, MSP

What is a Limitation of Remedy Clause?

In many agreements, you may find a clause labeled “limitation of remedy.” This clause is largely similar to a limitation of liability clause in that it controls how much responsibility a company h...

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Are Clickwrap Agreements for Software Enforceable?
September 6, 2017Virtus LawNo CommentsCategories: Articles, Business, TechnologyTags: Agreement, Clickwrap, MSP, Terms of Service

Are Clickwrap Agreements for Software Enforceable?

You’ve agreed to clickwrap agreements in the past, though you may barely recall doing so. It happens when you install new software on your computer or purchase an online software solution. During th...

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Details of the Minnesota Revised Limited Liability Act
September 4, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Business, Limited Liability, LLC

Details of the Minnesota Revised Limited Liability Act

On April 8th, 2014, the Minnesota Revised Uniform Limited Liability Company Act was signed into law, impacting all LLCs formed in the state of Minnesota. Owners of LLCs created before August 1, 2015 h...

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How to Add Performance Standards to Contracts
August 28, 2017Virtus LawNo CommentsCategories: Articles, Business, TechnologyTags: Contract, Negotiation, Performance Standards

How to Add Performance Standards to Contracts

You may have seen a clause in a contract you’ve signed similar to the one below. While the exact language and standards will vary based on the industry, the goal is to ensure one or both parties are...

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What is the Limitation of Liability Clause?
August 23, 2017Virtus LawNo CommentsCategories: Articles, Business, TechnologyTags: Liability, Limitation, MSA

What is the Limitation of Liability Clause?

Contracts often contain clauses designed to limit a company’s exposure to lawsuits and liability, particularly in situation where the claim is not insurable. Especially when drafting a master servic...

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What Happens When You Default on a MSA?
August 21, 2017Virtus LawNo CommentsCategories: Articles, Business, TechnologyTags: MSA, MSP

What Happens When You Default on a MSA?

When you drafted your master services agreement (MSA), you should have spent some time thinking through what would happen in the event that either party defaulted on payment or performance. While this...

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Setting Up an Asset Holding Company
August 21, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Asset Holding Company, Intellectual Property, Real Estate

Setting Up an Asset Holding Company

Businesses that have developed significant assets often choose to hold those assets in a separate, sometimes subsidiary company. Doing so can provide liability, taxation, and organizational advantages...

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Drug and Alcohol Testing in the Workplace
August 18, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Alcohol, Drug, Employees, Workplace

Drug and Alcohol Testing in the Workplace

One way to address or prevent problems in the workplace is through judicious use of drug and alcohol testing. Tests, which applicants can agree to undergo in return for being considered for a job and ...

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