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Minnesota has a unique statute that allows minority shareholders in a closely held corporation to initiate an action for a buy-out of their interests. Minn. Stat. § 302A.751, subdivision 2. Under the Minnesota Business Corporation Act, a closely held corporation is a corporation with 35 or fewer...

On April 4, Cindy Lehr retired from her role as chief staff attorney to the Minnesota Court of Appeals, a position she had held for more than 40 years. Cindy has been succeeded as chief by seasoned Staff Attorney Liz Keating. A few weeks into Liz’s tenure as chief staff attorney, she and Cindy sat...

The Third Circuit has a reputation as being a “plain meaning” court—meaning that it strictly construes and applies the words of a statute. Its January 19, 2024, opinion in In re FTX Trading Ltd., No. 23-2297 (3rd Cir. Jan. 19, 2024) (“ FTX”) is an example. The relevant facts in the “highly complex”...

As a Los Angeles-based estate planning attorney, I am uneasy about California’s enactment of the Online Notarization Act, which took effect on Jan. 1, 2024. The act and its related statutes authorize remote online notarization or RON by California notaries. RON is the process used when the notary...

A previous article discussed the rising prevalence of mediation in large chapter 11 bankruptcies, especially its use in previously rare scenarios such as plan confirmation. Part II considers a more traditional mediation topic: adversary proceedings.