Members of the Business Law Department have been on the Super Lawyers® list, “Leading American Attorneys,” and one has been the top mergers and acquisitions attorney in Minnesota. Two members are certified real estate specialists. The business operations team provides a full range of legal services to businesses, large and small.
Areas of expertise include:
Formation of entities
Tax planning, tax policy and tax disputes
Mergers and acquisitions
Corporate financing and venture capital
Dissolution, bankruptcy and workouts
Commercial and residential real estate
Estate and business succession planning
Compensation and employee benefits
Regulatory compliance assistance
Personnel and human resource counseling
Employment and non-compete agreements
Advice on workers' compensation-related matters
In today’s fast-paced business environment, entrepreneurs and companies need competent, cost-effective legal advice and representation from lawyers who know and understand their industry. Lommen Abdo is committed to providing that kind of representation. Lommen Abdo provides advice and representation in forming and implementing new business entities. Our clients range from individuals and small or start-up businesses to large private and publicly-held corporations. Lommen Abdo also works with the International Lawyers Network to provide a platform for clients to access quality legal professionals worldwide, with the cost-effectiveness and personalized service only independent, regional law firms can provide. For more information about ILN, visit www.iln.com.
Lommen Abdo’s business operations attorneys assist clients in determining whether they should operate as a closely held business, limited liability company, partnership or corporation. We then provide proper and timely formation of the chosen entity, preparation of contracts and agreements, obtain financing and assist with employee issues. Much of Lommen Abdo’s business operations practice consists of transactional work on mergers and acquisitions, buy-outs and the purchase and sale of business interests. Our goal is to provide timely, cost-efficient services regardless of the size of the transaction. We negotiate and document transactions of all types.
For example, recently Glenn Kessel and Sherri Ulland represented a Minnesota company in a $50 million transaction in which our client sold its assets to a Fortune 500 east coast corporation. The assets of three other facilities of our client were also sold in separate transactions to buyers in Minnesota and Wisconsin. The transactions involved the complicated completion of purchase agreement schedules, assignment of contracts, intellectual property rights and real estate leases from our client to the buying corporations, as well as negotiation of agreements for management and employees continuing on in their jobs as employees of the acquiring corporations. Our corporate attorneys assure the successful resolution of such transactions by combining excellent skills and the passion to help each of our clients reach their goals.
We can also continue to provide general business assistance as the business grows. We can provide counsel with respect to governance issues, management and shareholder issues, tax planning and real estate matters.
As a result of the “Sarbanes-Oxley” legislation, and other recent corporate governance reforms, it is important that both private and public companies review and make changes in their corporate governance structure and practices, their system of internal controls, their approach to financial reporting and their corporate culture. Lommen Abdo can provide advice and assistance in all these areas.
For more information about our Wisconsin practice, review our flyer for a recent Why Wisconsin conference.
Representative clients of the firm’s Business Law Department include: ADT Security Services, Inc.; ANXON; Associated Bank; Astrocom Corporation; Aveda; The Bergquist Company; Broadview Media, Inc.; Burns International Security Services, Inc.; Hubbard Broadcasting, Inc.; Hydrametrics, Inc.; In Radio, Inc.; Industrial Supply, Inc.; Log House Foods, Inc.; The Lutheran Home Association; Metro Electric Construction Company, Inc.; Minnesota Elevator, Inc.; Pioneer Packaging & Printing, Inc.; Pipeline Supply, Inc.; Ray N. Welter Heating Company; Q Midwest, Inc.; 6 Quebec; Skiff Craft Boat; Specialty Financial, LLC; Switchgate International LLC; Tonka Bay Marina; The Vertin Company; Waste Management, Inc.; Waters Edge Restaurant, LLC; WELY (Radio); West Photo; Wilkes Industries, Inc.; and ZipSort, Inc.
We would be pleased to answer any questions you may have about the services of our Corporate Law attorneys. Any questions may be directed to:
Dan Young at 612-336-9343 or email@example.com or Tom Dougherty at 612-336-9330 or firstname.lastname@example.org
Brent Johnson at 715-381-7104 or email@example.com
In New York (entertainment-related matters):
Bob Donnelly at 212-683-8775 or firstname.lastname@example.org
or any of the attorneys in this practice area pictured below.
Attorneys Greg Perleberg and Jeff O'Brien were featured with clients Mitch Omer and Katy Gerdes, co-owners of Hell's Kitchen/Angel Food Bakery, in the Resource Heroes edition of New Business Minnesota. Read the article.
Affordable Care Act Tax Law Changes for 2013 - As of January 1, 2013, a significant number of tax law changes go into effect as a result of the 2010 passage of the Patient Protection and Affordable Care Act (the “ACA”).
Ten things to consider to help your business prosper in 2013 were listed by Brent Johnson and Jamie Johnson in the Fourth Quarter St. Croix Economic Development Corporation’s Chronicle. Read their list of 10.
[Q] The JOBS Act became law in April. I’m a small business owner – how will it affect my business? Get the answer in this Ask Upsize segment.
[Q] When my business sells goods or services to our customers I am often asked to sign a purchase order acknowledgement with terms and conditions on the reverse side in small, hard to read print. Should I be concerned about this and do I need to read and understand them? Get the answer in this Ask Upsize segment.
[Q] When I click "I Agree" on a website in order to access the website, is that a legally binding agreement? Get the answer in this Ask Upsize segment.
Lommen Abdo Announces its Association with Mikayla Che! Mikayla Che, Attorney at Law, began an association with Lommen Abdo as a co-counsel in May 2012. She is a bilingual lawyer with a wealth of international practice experience (particularly in the U.S. and China).
[Q] When false information on my business is posted on social media sites, or with internet domain names that are confusingly similar to mine, what should I do? As a business owner, I have come across misleading postings on Facebook® and Twitter® and have found several websites with domain names that are very similar to my company’s name and its products and services. Get the answer in this Ask Upsize segment.
[Q] I read more and more about how intellectual property is becoming so important these days. But my company is neither high-tech nor entertainment related. Why should I be concerned with intellectual property rights? Get the answer in this Ask Upsize segment.
Are You Aware of the New NonProfit Governance Requirements? - The Internal Revenue Service redesigned Form 990 in 2008 and added a new “Governance, Management, and Disclosure” section. We have recently received a significant number of questions from clients concerning this redesigned form, what it means and whether the client should take any action in response. Tom Dougherty addresses those concerns in this article.
Lommen Abdo Successful in 'Ungating' Hedge Fund Investment
Economic Stimulus Act Q&A: The AICPA has prepared a Q&A sheet on individual and business tax-related provisions in the American Recovery and Reinvestment Act of 2009. CPAs, especially tax practitioners, will find the Q&A helpful in addressing client or employer inquiries. Among the subjects covered for individuals are the first-time home-buyer credit, college-funding tax credit, unemployment benefits, benefit for use of public transit and the alternative minimum tax exemption. For businesses, the Q&A highlights depreciation, expensing, capital gains, work opportunity credit and penalty relief from underestimating taxes.
Listen to the podcast of an interview with Sherri Ulland focusing on forming a board of directors.
A list of key contacts is provided for Minnesota state agencies coordinating the federal stimulus money.