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Corporate Law

The Iron Range is home to many businesses such as mining, timber, tourism, retail, manufacturing, healthcare and professional services. Colosimo, Patchin, & Kearney, LTD., experts of Minnesota Corporate Law and Minnesota Business Law from Virginia, Minnesota, is committed to growing strong businesses across the Iron Range and throughout northeast Minnesota.

We help entrepreneurs and business owners manage the challenges of operating a business from entity selection and succession planning to assisting with planning and risk management and providing aggressive representation in litigation. In short, we help clients use the law to accomplish the results they seek.

Business Information and Entity Selection

  • Are you asking questions like "How do I get my business started?" and "Why incorporate?" How you decide to set up your business will determine your personal liability, establish the framework for your tax liability, and directly affect your bottom line. 
  • We help you sort through these issues so you can confidently focus on building your business without having to worry about legal and financial complications down the road.

Drafting and Negotiating Contracts

  • Are you thinking of entering into an agreement with another entity or forming a partnership? Are you planning to make a major purchase – equipment, real estate or otherwise? Written contracts create clear obligations and protect your rights when circumstances change. 
  • We minimize your risk exposure by making sure you have a well-drafted contract or buy-sell agreement that protects your interests.

Business Succession and Dissolution

  • Are you looking to retire? Are you looking for ways to fund your retirement from your business but still keep it profitable? Are you wondering whether it would be better to sell or transition the business to your children? 
  • Every business, every family, is unique. At Colosimo, Patchin, & Kearney, LTD. - Virginia, Minnesota's Business Law professionals, we help you ask these questions and find answers to them and many more so that in the end everything works together – wills, trusts, deeds and your succession plan for your business.

Employment Law and Business Taxation

At the core, Minnesota employers are obligated to:

  • Follow state and federal wage and benefit laws
  • Comply with state and federal tax laws and regulations
  • Keep the workplace safe and discrimination-free

 

For more information, please contact us today at 218-741-4500.