Category Business & Corporate Law (2)

Signing a Contract? Let's Chat First!

I had a prospective client call the other day who was hoping to get out of a purchase agreement for a new car. If you’ve bought a car before, you know how difficult that battle can be without a guaranteed return policy or a promise that you have “48 hours to change your mind.” This purchase agreement had no such language. Fortunately, we were able... Read More

BrownWinick Law Firm Ranked in U.S. News - Best Lawyers 2020 "Best Law Firms" List

BrownWinick has been included in the U.S. News – Best Lawyers® 2020 "Best Law Firms" rankings[i]. The tenth edition of the U.S. News & World Report and Best Lawyers® released the 2020 "Best Law Firms" rankings on November 1, 2019. Firms included in the 2020 "Best Law Firms" list are recognized for professional excellence with persistently... Read More

Failing to Follow OSHA Procedures Can Be Costly

No matter how many training sessions or precautions an employer might take, employee accidents and injuries are bound to happen. Most employers are necessarily familiar with the Occupational Safety and Health Act (OSHA), a law that sets forth minimum safety standards employers must ensure in their workspaces. Creating an OSHA-compliant workspace... Read More

What are my Information Rights as an LLC Member?

When a limited liability company (“LLC”) is first formed, its owners are often eager to start doing business. In the pandemonium that comes along with getting a business up and running, the owners often overlook what business records and information the owners of the LLC may rightfully access going forward (often referred to as “information... Read More

Due Diligence: Its Importance in an M&A Deal

Buying a business can be an extremely hectic and overwhelming process. One of the most important things for a buyer to do is understand what they are purchasing. The process of investigating and fully understanding what a buyer is purchasing is called performing due diligence. Due diligence is often the most time consuming and important part of... Read More

BrownWinick Attorneys Named to 2020 Best Lawyers List

BrownWinick is pleased to announce that 24 lawyers have been included in the 2020 Edition of The Best Lawyers in America. Since it was first published in 1983, Best Lawyers® has become universally regarded as the definitive guide to legal excellence. Best Lawyers® has published their list for more than three decades, earning the respect of the... Read More

Representing Yourself or Your Business in a Small Claims Action

A small claims action can be filed if the amount demanded is $6,500 or less. You can choose to represent yourself in a small claims action or hire an attorney to help. If you would like to represent yourself, the Iowa Judicial Branch website has some good resources for explaining the process: Essentially, this is the process for filing a small... Read More

Iowa DBA Basics

In Iowa, any business that wishes to do business using a different name than what the business was formed under must file for a DBA (“doing business as”). A DBA is an additional legal name for a business entity. It is also referred to as a trade name or fictitious name. It is not a replacement name, but instead a name taken on by a business entity... Read More

SBA Extending the Runway for Small Business Determination

Article written by BrownWinick 2019 Summer Associate, William "Billy" Daniel, and BrownWinick attorney, Drew Larson Last year on December 17, the Small Business Runway Extension Act of 2018 was signed into law, amending the Small Business Act. While the Runway Extension Act consists of only two sentences (one saying its name and the other what it... Read More

What is an S Corp and Why Should You Consider One

S corporations, also called “S Corps”, are the largest tax filing entity in the United States. Nonetheless, I find that entrepreneurs are sometimes confused about what an S Corp is and why they should consider one. My goal with this post is to clear up misconceptions about S Corps and provide some insight as to the advantages and tax planning... Read More