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Effective January 1, 2020 a US Department of Labor rule takes effect increasing the minimum salary level required to qualify “white collar” workers for an overtime exemption. This change applies to employers seeking to exempt workers in the executive, professional and administrative wage classes. Each of those exemptions have additional requirements that must also be met but all share the minimum salary level. Failing to meet this compensation level disqualifies the employee from the exemption and the employer must, in most instances, pay overtime for all hours worked beyond 40 per week.
READ MORELommen Abdo’s family law group, including attorneys Marc Johannsen and Josh Feneis, was profiled in the September 2019 edition of the St. Croix Valley Magazine. “We see it as a transformative practice that helps people get through a difficult time in their life and move on to the next chapter,” says Johannsen. Divorce, adoption, custody disputes, estate planning: Lommen Abdo is well-equipped to handle these family law issues and many more. They focus on taking the emotion out of the case to help you make the right decisions. “We sit down and try to come up with the best way to help people navigate through the difficult legal, social and emotional problems to help them make sound business decisions and protect their assets,” Feneis says.
READ MORECreig Andreasen knows a good deal when he sees one. He’s been helping clients acquire and sell real estate and other business ventures his entire career. Creig looks beyond the documents associated with a transaction to understand how they fit with a client’s long-term goals and strategy. He works to find creative solutions to complete transactions while minimizing potential risk. Creig is shown above (left) with Bob Abdo, chair of Lommen Abdo’s corporate practice group (right).
READ MORELommen Abdo attorneys are recognized by their peers in the 2019 Minnesota Super Lawyer lists. Our peers recognize Lommen Abdo for its trial and appellate skills, corporate practice and transportation industry representation. We are proud of our strong reputation as a firm other lawyers trust when they need additional resources. But our greatest satisfaction comes from helping our clients succeed, whether that success comes as the settlement of a complicated matter, a verdict at trial, an appellate victory or the completion of a business deal.
READ MOREJust like in a marriage, no one at the outset of a closely held company expects things to go south and end in divorce. But just like in a marriage, the best time to address what will happen if things do not go as hoped is at the outset when everyone is excited and working together. Instead of a pre-nuptial agreement, shareholders in a closely held company will want to include provisions regarding separation in a written buy-sell agreement (sometimes called a shareholder agreement, member control agreement, etc.).
READ MORELommen Abdo has expanded both its litigation and business practices with Attorneys Jenneane Jansen and Matt Hartranft. Jenneane Jansen focuses on motion practice and appeals, particularly in insurance coverage, insurance bad faith, and administrative law. She frequently teams with general counsel and/or trial counsel to assist with complex issues and has successfully represented parties in many circuit, state and federal courts across the United States. Matt Hartranft works closely with owners and managers to assemble transactions for a wide range of businesses and ESOPs in the areas of business formation, contracts, shareholder/owner disputes, leveraged buy-outs and mergers and acquisitions for buying and selling business ownership interests and assets.
READ MOREWhether you need to make sure it’s done right or you are ready to take on a fight, we’ve got you covered! Attorney Matt Hartranft can help from either the buy or sell side of an M&A transaction and can advise on general corporate matters such as formation, real estate matters, S-corp issues and more. Attorney Josh Feneis is a strong advocate when you or your business face a contract claim, a shareholder dispute, a breach of a non-compete or any other challenges that arise in the operation of your business. If you are looking for a law firm to partner with you on your corporate matters or your litigation disputes, talk with us. We mean business!
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