Best & Flanagan

Congratulations to all of our women lawyers selected to the 2024 Minnesota Super Lawyers and Rising Stars lists, recognized here as Minnesota’s Top Women Attorneys! Business Litigation: Amy Conners Employment & Labor: Sarah Crippen, Megan Kunze Estate Planning & Probate: Barbara Kristiansson, Jennifer Lammers, Mary Shearen, Janna Kupstis Family Law: Karolina Brekken-Hoerl, Cathy Gorlin, Savannah Lauf Welch Workers' Compensation: Elizabeth Cox We celebrate Jennifer Lammers and her special recognition as one of the Top 50 Women in Minnesota. Check out the link below or find us in the April issue Mpls.St.Paul Magazine. https://lnkd.in/g9mc2YAH

Last week, the Financial Crimes Enforcement Network announced its interim final rule regarding the Corporate Transparency Act’s beneficial ownership information filing requirements: All entities formed in the U.S. and their beneficial owners are exempt from the BOI filing requirement. Foreign entities must report by their applicable deadline. Please reach out to your attorney at Best & Flanagan with any questions about the CTA, or if there is any other assistance we can provide. For more specific information, continue reading at the link below.

Congratulations to Justin P. Short for his selection to the 2025 edition of “The POWER LIST: Construction and Real Estate,” by Minnesota Lawyer. This editorial-selected list highlights “those who have influenced the direction of the law, whose leadership in the community is pervasive and whose respect within the bar is undeniable.”

Beneficial ownership information reporting requirements under the Corporate Transparency Act (“CTA”) are once again in effect. The Financial Crimes Enforcement Network (“FinCEN”) released a statement confirming that entities (1) that were required to file by January 1, 2025, and (2) that would have been required to file before March 21, 2025, must now submit their BOI filings by March 21, 2025. This applies to all initial, updated, and/or corrected BOI filings. In light of the foregoing, entities should be prepared to meet this new March 21, 2025 filing deadline or their respective later filing deadline. Our Business & Corporate Law team will continue to monitor further developments. Please contact Best & Flanagan if you have any questions regarding these filing requirements.

We are seeking an Accounting Manager to lead and manage the accounting and finance operations of the firm. The ideal candidate will have significant accounting and finance experience in a professional services firm environment and will be enthusiastic about partnering with the firm’s principals to advance our strategic goals. If you are interested in joining our team, please click the link below to learn more.

Best & Flanagan is excited to announce that Ryan Malone has joined the firm as a partner in our Commercial Litigation and Construction Law practice groups. “As a forward-thinking firm committed to client-service and to strengthening our business, we’re always looking to bring on excellent lawyers who are also entrepreneurs, and Ryan fits the bill,” said Daniel Grimsrud, the firm’s Board Chair. “We’re thrilled to welcome Ryan and his clients, and we’re excited to be adding another great resource to serve the growing client base in our thriving Construction Law group. This is truly a win-win addition and a great way to start the new year.”

On Thursday, January 23, David Krco will be speaking at the 17th Annual Construction Summit hosted by the Minnesota Real Estate Journal. In his session “Strategies for Managing and Resolving Disputes”, David and other panelists will discuss different communication and documentation strategies, early risk identification, and recent court decisions and their implications on construction dispute management. 

After a December 26 order from the 5th Circuit Court of Appeals to once again suspend enforcement of the Corporate Transparency Act (CTA), the Financial Crimes Enforcement Network (FinCEN) issued a statement confirming that reporting companies are not currently required to file beneficial ownership information while the injunction remains in effect. In light of the ongoing uncertainty, entities that have not yet filed should be prepared to file on short notice if the preliminary injunction is once again stayed or overturned, resulting in a new filing deadline being imposed on short notice. Our Business & Corporate Law team will continue to monitor further developments as additional challenges and appeals are ongoing. Please reach out to your attorney at Best & Flanagan with any questions about the CTA, or if there is any other assistance we can provide. To read more, click here: https://lnkd.in/ga5gaj6u

Minnesota CLE hosted its annual Trust and Estate Litigation forum this week and introduced the first edition of their latest deskbook of the same name. Best & Flanagan’s Kim Ruckdaschel-Haley co-authored the chapter on Fees and Costs with Senior Judge Elizabeth V. Cutter, and they both spoke at this year’s seminar about the statutory provisions and recovery expectations for all parties. This year's seminar will be re-played online on Thursday, December 19. Click the link for more information.

Best & Flanagan is seeking a legal administrative assistant for our growing litigation practice. We are looking for a teammate with strong organizational, administrative and communication skills to partner with a team of construction litigation attorneys in a dynamic law firm environment, enhance our operational capacity, and help us deliver outstanding service to our clients. If you are interested in joining our team, please click the link below to learn more.