Trepanier MacGillis Battina P.A. 8000 Flour Exchange Building 310 Fourth Avenue South Minneapolis, MN 55415 612.455.0500
Trepanier MacGillis Battina P.A. 8000 Flour Exchange Building 310 Fourth Avenue South Minneapolis, MN 55415 612.455.0500

Challenges Mount to DOL Fiduciary Duty Rule

The U.S. Department of Labor has proposed a new fiduciary duty rule that would require the financial services industry to comply with rigorous “transparency standards” by April 2017. As of June 27, 2016, there are at least five lawsuits challenging the rule. Three were filed in the US District Court for the Northern District of […]

Written Agreements Reflect Reasonable Expectations of Shareholders

Minnesota common-law and the Minnesota Business Corporations Act (“MBCA”) create certain fiduciary duties owed by the majority shareholders of a corporation to the corporation’s minority shareholders. In McKee v. St. Paul Eye Clinic, P.A., No. 62-CV-12-8028 (Minn. Ct. App. Apr. 20, 2015), the Minnesota Court of Appeals affirmed the decision of the Ramsey County District […]

Skip to content