On January 1, 2025, a significant shift in Minnesota’s employment landscape will take place with the implementation of a new pay transparency law. Under this statute, employers will be required to disclose salary ranges or fixed pay rates in all job postings. This new mandate, part of the broader Omnibus Labor and Industry Policy Bill signed into law in May 2024 by Governor Walz, will be codified at Minn. Stat. § 181.173.
Henson Efron attorney Alan C Eidsness successfully represented two doctors before the Minnesota Board of Medical Practice in May of 2014. He persuaded the Board’s Complaint Review Committee that there was no basis for discipline against the doctors for allegedly over-prescribing pain medication. After the hearings, each case was dismissed.
Commercial Real Estate Jargon: Easy as ABC
Navigating the commercial real estate world is challenging for even the most seasoned professionals, especially in today’s fast-changing economy. As the scope and shape of commercial real estate continues to morph, so does the vocabulary used to describe it. There are a myriad of terms in CRE jargon, but we’ve chosen just one (for now)…
Litigation attorney Stuart T. Williams was appointed to the Client Security Board by the Minnesota Supreme Court for a three-year term starting on July 1, 2014. In coordination with the Office of Lawyers Professional Responsibility, the Client Security Board oversees the administration of the Client Security Fund to investigate and handle claims for compensation resulting…
The Purchase Agreement: Part III
Previously we took a look at the due diligence process of a commercial real estate transaction. In this edition, let’s discuss what a Buyer needs to know about contingencies. In a typical CRE deal, there are various standard contingencies that work to benefit Buyers (provided that a Buyer is savvy enough to include such contingencies…
Sellers and Buyers: Competing Interests
Whenever assets constituting a functioning enterprise are transferred in a taxable transaction, Section 1060 of the Internal Revenue Code requires the seller and buyer to allocate the purchase price among the transferred assets. Treasury Regulations require sellers and buyers to allocate the purchase price to and among seven classes of assets according to the relative…
Congratulations to Christopher J. Burns, Joseph T. Dixon, Jr., Kathryn A. Graves, Scott A. Neilson, David Bradley Olsen, and Clark D. Opdahl for being recognized as 2014 North Star Lawyers. This year, the Minnesota State Bar Association certified pro bono service for over 950 attorneys and will celebrate with a full page recognition in the…