
Privacy Alert: Please be aware that demand letters alleging violations of the California Invasion of Privacy Act (“CIPA”), which often seek statutory damages of up to $5,000 per alleged violation, are being sent to businesses all over the country. Have you received one? We have had many calls about these demands. The California Invasion of Privacy Act (CIPA), originally enacted in 1960 to prohibit the unauthorized recording of confidential communications, is increasingly being invoked against businesses. It forms the basis for claims challenging common website tracking technologies such as cookies, pixels, chat features, digital marketing and other analytics tools. Under the CIPA, every party to a communication must consent to that communication being recorded, which, decades after enactment of CIPA, now implicates these technologies. Businesses with websites accessible to the state of California, even those located elsewhere, may face claims that these technologies collect user data without proper notice or consent. In other words, the fact that your business is located in another state won’t stop the parties currently threatening these suits from reaching out to you. To reduce risk to your business, please review your websites to ensure users receive clear disclosures about what information is collected, how it is used, and options to opt in or opt out of collection. If you have…
Read MoreAs it does every year, the transportation department from BGS attended the annual Minnesota Trucking Association conference. This year’s conference was well attended and took place at Cragun’s Resort in Brainerd. Attorneys Carole Clark Isakson, Jacob W. LeVahn, Adam J. Revoir, and paralegal Rachel Schwankl participated as speakers and attendees of the conference, which featured social and networking events and many educational sessions on topics concerning trucking companies. Freight theft and business identity theft are of particular concern. BGS is a sponsor of the conference, and is one of the few MN firms with a focus on trucking and a dedicated transportation department. In actuality it could easily be said that every attorney at BGS supports the trucking industry as all of our expertise is available to our clients. We have attorneys who can assist in transportation matters of course, but also employment, litigation, contracts, acquisitions, business purchases, business succession planning, commercial real estate and more. If you have a transportation legal need, please contact us today!
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A letter of intent (LOI) is an important document often used to initiate a business transaction. After some initial business discussions and general agreement on terms, the buyer will present an LOI to the seller to signal their serious commitment to doing business with them. It outlines preliminary terms of the agreement, defines expectations, and establishes points to be negotiated. An LOI is typically non-binding, but it plays a key role in setting the direction of the transaction. Therefore, professional legal counsel is critical for creating an LOI that sets up a successful business transaction. What Is a Letter of Intent (LOI) Used for? A letter of intent can be used to accomplish many things in the early stages of a business transaction: Announce the nature of a deal between two parties, such as a merger, acquisition, or joint venture. Propose the basic structure of a deal, including the potential price, timeline, and conditions. Define expectations and create transparency before finalizing the agreement. Provide a framework for continuing negotiations. Protect all parties with confidentiality agreements and exclusivity provisions. Why Writing a Letter of Intent (LOI) Requires Legal Counsel Although letters of intent generally aren’t binding, the confidentiality and exclusivity provisions will be; the parties may also agree that certain other provisions are binding….
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