The Transportation Department at BGS is involved with many transportation related organizations, and recently joined the Duluth Superior Transportation Association (DSTA). The DSTA has more than 100 active members in a variety of transportation industries, including aerospace, rail, trucking, logistics, and maritime. Within those industries DSTA members include transportation companies, manufacturers, commercial shippers, supply chain managers, and government agencies. In addition to regular meetings that focus on transportation-related topics, the DSTA also sponsors tours of facilities that are of interest to members and group activities. In keeping with its mission to enhance the community, it also offers scholarships and sponsors community events. Carole Clark Isakson and Jackie Campbell of BGS recently enjoyed attending the DSTA holiday dinner and auction at the Black Bear Casino..
Corporate & Business law
On Tuesday January 9, 2018, BGS attorney Carole Clark Isakson had the pleasure of teaching a group of motivated women entrepreneurs about intellectual property issues in small businesses. Topics included trademark registration and use, software licenses, who owns the IP when you use a third party, and other topics relevant to small businesses in general. The seminar was arranged by Women Venture, a non-profit organization that serves women entrepreneurs in the Twin Cities area. It offers training, advice, loans and related services to women who complete various training and have a solid business proposal. To date Women Venture has served more than 1000 clients! Carole recently became a volunteer with Women Venture, and is excited to be part of such a great endeavor. Women..
Yep. Before explaining how this happens, a little background information is needed. Every state has an office charged with registering businesses that wish to do business in the state. In Minnesota, that office is called the Secretary of State’s office (hereafter SOS) and registering businesses is one of many tasks it undertakes. The SOS will not permit a company to be formed that has the exact same name as an already registered company, and other rules apply in choosing a name. Once the name is registered, it is yours to use – doing business in Minnesota. It is not reserved for your use beyond the borders of the state. There is a common misconception that forming an entity at the state level somehow reserves..
The Minnesota legislature has adopted a new statute governing limited liability companies, Minnesota Statutes Chapter 322C. On January 1, 2018, all 322B LLC’s will be automatically converted to 322C LLC’s. This conversion could result in significant inconsistencies in the LLC governing documents which could cause problems in the future. Therefore, we are advising all 322B LLC’s to amend their Articles of Organization and adopt Operating Agreements which would avoid any inconsistencies. If you would like more information, call Dan Ganter at 763-783-5127.
The story I’m about to tell you is true. There I was, on a beautiful sunny day in 1983 driving through the Notre Dame student parking lot in my father’s beautiful sky blue 1969 Corvair convertible. What an understandably excellent mood I was in! And then…. Not. That great day was destroyed in an instant by a horrible crash and heavy scraping noise. I didn’t know what had happened, but I was fairly sure it wasn’t good, so I stopped the car, shut off the engine, and walked to the back (from whence the horrible noise had come). And there I saw it – the unexpected sight of the car engine ON THE GROUND!!! I had no plan in place for this sort of disaster..