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Area Transportation Partnership seeks applications
  • Dorsey & Whitney LLP
  • USA
  • November 3 2011

The West Central Minnesota Area Transportation Partnership is seeking applications for the 2016 Transportation Enhancement Program, which has approximately $600,000 available for eligible projects in Mahnomen, Clay, Becker, Wilkin, Otter Tail, Grant, Douglas, Stevens, Traverse, Pope, Big Stone and Swift counties

New Minnesota law allows certain estates to exclude up to $4 million for qualified small businesses and farm property
  • Stinson Leonard Street LLP
  • USA
  • October 24 2011

Under a new estate tax law in Minnesota, deceased owners of a qualified small business or a qualified family farm may deduct up to $4 million of the value of the business or farm from the Minnesota adjusted taxable estate for purposes of determining Minnesota estate tax.

Minnesota Supreme Court issues opinion on garnishments from joint accounts
  • Stinson Leonard Street LLP
  • USA
  • April 28 2010

The law in Minnesota regarding what funds in a joint bank account can be garnished when not all account holders are judgment debtors has been in flux recently.

The “Angel Investor Tax Credit” is law
  • Larkin Hoffman Daly & Lindgren Ltd
  • USA
  • April 6 2010

Governor Pawlenty signed into law the “Small Business Investment Tax Credit” (the “Angel Credit”).

Minnesota's tax gap is higher in 2009
  • Stinson Leonard Street LLP
  • USA
  • September 2 2009

The federal estate tax exempt amount is currently $3.5 million and the highest estate tax marginal rate is 45.

In rare instance, court grants plaintiff’s summary judgment motion on fraud claim
  • Katten Muchin Rosenman LLP
  • USA
  • October 10 2008

A federal district court adopted a U.S. magistrate judge’s recommendation to grant the Securities and Exchange Commission’s motion for summary judgment and to enter an order for a permanent injunction and disgorgement with prejudgment interest against a registered investment adviser as well as its president and 50 owner.

Securities and mergers & acquisitions update
  • Stinson Leonard Street LLP
  • USA
  • August 8 2008

Minnesota-based companies have not been immune to attacks by activist investors.

Ariel D. Cudkowicz
  • Seyfarth Shaw LLP