Chapter 11 bankruptcy, often referred to as “reorganization bankruptcy” is for businesses that want to keep operating but need time to restructure their finances. The filing of the bankruptcy case imposes an automatic stay on most collection activities of creditors. In a Chapter 11 bankruptcy the debtor usually proposes a plan of reorganization or plan… Read more »
Posts Tagged: Dudley and Smith
Since the COVID-19 pandemic began, people all over Minnesota have hit the streets, forming walking groups and other outdoor social-distancing activities. Though cumulative 2020 data is not available, from January to November in Minnesota 36 pedestrians have died as a result of Pedestrian Traffic Accidents, per Minnesota Department of Public Safety. Numbers have risen from… Read more »
Has the present COVID-19 crisis impacted you or a loved one who has died, been released to a hospital or home, or is residing at a nursing home? The renowned attorneys at Dudley & Smith are here to help! In these uncertain times, the one thing you should not be worried about is that your… Read more »
Have you lost money to a licensed contractor in Minnesota? Has a contractor walked off the job? Have they not completed a job you hired them to do? If you answered yes to any of these questions, you should contact Dudley & Smith! Dudley & Smith, P.A. is a full-service law firm with over 25… Read more »
Nursing home neglect is a type of elder abuse committed against older adults in nursing homes. It involves the substandard care of a resident, or a breach of duty that harms a resident.
Dogs can injure persons in numerous ways, not just by biting. A dog can bite, scratch, trip, knock down, or frighten a person, causing damage.
When making your estate plan, you may wonder how you will ensure your beloved pets are taken care of after you’re gone. With a pet trust, you can designate money to be used for the benefit of your pets, so that a chosen caregiver is not burdened with your pets’ expenses. There are several things to… Read more »
Many unmarried couples choose to live together before getting married, or as an alternative to marriage. What these couples often don’t realize is that they lack important legal protections that the law gives to married couples. However, couples can create similar protections and property rights by signing a co-ownership contract. A co-ownership contract is very… Read more »
Many view the world of virtual currency (or “cryptocurrency”) as an unregulated landscape. While it is true that this new area of technology is constantly advancing, and lacks many of the regulations in place for traditional forms of commerce, the profits involved in investing, selling and mining cryptocurrencies are real, and create tax obligations. The… Read more »
If I’m selling my business, what’s the difference between an asset sale and a stock sale? When considering to sell your business or to buy a business, it is important to know the difference between an asset sale and a stock sale. Generally, buyers prefer asset sales and sellers prefer stock sales. What is an… Read more »