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4 Legal Concerns for Business Owners
May 24, 2019Virtus LawNo CommentsCategories: ArticlesTags: Business Law, Business Owners, Computer Security, Leases, Legal Concerns for Business Owners, Non-compete Agreement, Non-disclosure Agreement, Trademark

4 Legal Concerns for Business Owners

Many Americans dream of starting and running their own business. But how many people realize the nightmare that occurs if a business owner ignores important legal issues. We can’t cover every detail...

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April 22, 2019Virtus LawNo CommentsCategories: NewsTags: Business and Estate Planning Attorneys, Business Law, Wealthcounsel

May 2019 – Thomas M. Fafinski and Nathan Nelson facilitate WealthCounsel Peer Groups

May 2019 – Thomas M. Fafinski and Nathan Nelson facilitate national peer groups for business and estate planning law firms sponsored through WealthCounsel.  Discussions focus on the production ...

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family business
January 7, 2019Virtus LawNo CommentsCategories: ArticlesTags: Business Law, Family Business, Minnesota Business

Should You Sell Your Family Business?

Smith & Sons, Inc., had been in business for several generations. The current CEO, Henry S., had concerns about the company’s viability. Henry weighed his options carefully. One possible solutio...

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Going Public: Is an IPO in Your Company’s Future?
February 9, 2018Virtus LawNo CommentsCategories: Articles, BusinessTags: Business Law, Corporate, Initial Public Offering, IPO

Going Public: Is an IPO in Your Company’s Future?

When a private company makes an initial public offering of stock, it’s called an IPO. Most of us have heard of a company IPOs because stories about IPOs make the news. Many of you may have even boug...

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Our Buy-Sell Agreements May Protect Your Company’s Future
January 30, 2018Virtus LawNo CommentsCategories: Articles, Business, Estate PlanningTags: Business Law, Business Succession, Buy-sell Agreements

Our Buy-Sell Agreements May Protect Your Company’s Future

Entrepreneurs usually start a company intending it to continue for an indeterminate, yet lengthy, time frame. Whether thinking of starting a partnership or already co-owner of one, careful planning ma...

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5 Issues to Review as Your Fiscal Year End Looms
January 9, 2018Virtus LawNo CommentsCategories: Articles, BusinessTags: Business Law, Corporate Governance, Fiscal Year

5 Issues to Review as Your Fiscal Year End Looms

On December 31st, our minds often turn from what we’ve done the past year to what we hope to accomplish in the coming year. Sometimes, we need to tie up loose ends. Companies facing the end of a fis...

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Should My Company Hire Employees or Independent Contractors?
January 5, 2018Virtus LawNo CommentsCategories: Articles, BusinessTags: Business Law, Employees, Employment Law, Independent Contractor

Should My Company Hire Employees or Independent Contractors?

Deciding whether a worker is an ‘employee’ or an ‘independent contractor’ is a common headache for business owners. The classification of workers affects the relationship between owners and wo...

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Risk Mitigation Through Good Corporate Governance
December 29, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Business Law, Corporate Governance, Risk Mitigation

Risk Mitigation Through Good Corporate Governance

Risk. We can say it’s just a part of doing business, but it’s certainly a part we’d like to minimize. One way to lower risk and reach the highest level of mitigation possible is through good cor...

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Standards of Conduct for Former Corporate Officers: The Uniform Rule
September 22, 2017Virtus LawNo CommentsCategories: Articles, BusinessTags: Business Law, Duty of Care, Duty of Loyalty

Standards of Conduct for Former Corporate Officers: The Uniform Rule

Business owners have specific duties to the business such as the duty of care, the duty of loyalty, and the duty of good faith. These responsibilities are part of the Revised Model Business Corporatio...

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October 20, 2016Virtus LawNo CommentsCategories: News, Press ReleaseTags: Business Law, Legal Assessments, Networking, Peer Group

Nathan Nelson and Thomas M. Fafinski Attend 2016 Symposium

This week, Nathan Nelson and Thomas M. Fafinski are attending 2016 Symposium in Washington D.C. Thomas M. Fafinski and Nathan Nelson will be speaking on Legal Assessments: “The New Tip of Your Sword...

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