– Legal Insights –
This article is the second in a series about changes in the MCIOA. In this series of articles, we are analyzing the different provisions of SF 1750, which made numerous changes to the Minnesota Common Interest Ownership Act (“MCIOA”). With the exception of a few changes in definitions, which were...
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We at Hellmuth & Johnson hope that you and your family are healthy and well. During this unsettled time, as we endure the “new normal” of living with the unfortunate COVID-19 pandemic, there is a good opportunity to put ones legal and financial affairs in order. It is an essential...
Last Thursday, April 9, 2020, the Federal Reserve took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic....
The severity of the COVID-19 pandemic should serve as a wake-up call to those who have been putting off creating or updating an estate plan. None of us know what tomorrow will bring, so for your own peace of mind and the benefit of your loved ones, it is important...
The COVID-19 pandemic has impacted our world in dramatic ways – from the workforce shifting to working from home to skyrocketing unemployment numbers. Many owners and C-Suite execs have had to make tough decisions about the future of their business, not to mention that a recession may also be on...
As we are all well aware by now, Governor Tim Walz issued Emergency Executive Order 20-20 on March 25, 2020, and that order has just been supplanted, as of April 8, 11:59 P.M., by Emergency Executive Order 20-33. Order 20-33 adds a few exceptions to the stay-at-home rule stated in...
Coronavirus disease 2019 (“COVID-19”) has become a global pandemic, and Minnesota’s efforts to contain the spread of the disease are directly impacting commercial landlords and tenants. As of the date of this writing, Governor Tim Walz has issued Executive Orders closing bars, restaurants, and other places of public accommodation (see...
Disorienting. Fluid. Challenging. All apt words to describe the past weeks. As if it’s not hard enough to keep up and interpret what executive orders and emergency legislation mean for you, your family, and your business, all of us are unfortunately vulnerable to profiteering and fraud in times like these....
Due to the current COVID-19 pandemic and the Emergency Executive Orders issued by Governor Walz relating to the pandemic and requiring Minnesotans to “Stay at Home,” the State of Minnesota is offering two loan programs to small businesses negatively affected by the situation. A summary of each of these loan...
On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act was enacted. CARES is an economic relief package promulgated in response to the COVID-19 pandemic. The CARES Act provides Federal economic stimulus to small businesses through the Paycheck Protection Program (the “PPP”), a loan program designed to...
UPDATE 03/27/20: After publishing the content below, Gov. Tim Walz has specifically stated that employees do not need to carry any form of letter or other documents. Read the full FAQ section HERE. Construction “of all kind” has been listed as a Critical Sector and exempt under the recent Stay...