For the Public

VEIL PIERCING IN THE LLC CONTEXT: One trademark feature of the corporate business organization is limited liability for shareholders, in which shareholder liability for the corporation’s contract or tort obligations is generally restricted to the amount of that shareholder’s capital contribution. In this regard, a corporate veil protects shareholders’ personal assets from the reach of the corporation’s creditors. A judge,

What Is Shareholder Oppression? What is a shareholder oppression claim in Minnesota, and what options do you have if you find yourself needing to bring or defend such a claim in Washington County or other Courts of our State?  Shareholder oppression claims can help remedy a shareholder that has been squeezed out or been the subject of unfairly prejudicial conduct

What Fiduciary Duties Are Owed in a Closely Held Corporation? What duties do shareholders in Minnesota owe each other? Breach of fiduciary duty claims is asserted when the shareholder relationship has deteriorated. These claims are often factually intensive. They can also be emotionally taxing if the shareholder relationship started from or grew into a friendship or involves claims between family