AboutA. Hall, Minnesota Attorney Expertise As a licensed Minnesota attorney, I can answer questions involving Minnesota law in the following areas: business ownership issues, forming a business, contracts, employment, securities, copyrights, trademarks, patents, licensing, trade secrets, unfair trade practices, shareholder disputes, tax law, M&A, corporate law, general business law, and resolving disputes through negotiation, arbitration, or litigation. I can provide general information for these topics in geographic locations outside Minnesota.
Experience Aaron Hall is a licensed attorney, admitted to practice law in Minnesota state courts and the U.S. Federal District Court in Minnesota.
Aaron Hall's experience includes service at the law firms of Fredrikson & Byron, Morrison Fenske & Sund, Foley & Mansfield, and Henningson & Snoxell. Aaron Hall also served as a judicial extern under the Honorable Paul A. Magnuson, United States District Court Judge, and as an adjunct professor at Concordia University teaching Introduction to Business Law, Business Law for Marketing Professionals, and Internet Law for Marketing Professionals courses.
Aaron served in a variety of appointed positions for city, county, and state government entities, including the Burnsville City Board of Appeals, the 35W Solutions Alliance, the Minnesota Department of Revenue Property Tax Assessment and Classification Reform Study Group, and the Heart of the City Steering Committee. In 2007, the Minnesota Justice Foundation recognized Aaron for providing over 200 hours of pro bono legal services during the year.
Organizations American Bar Association
Minnesota Bar Association
Hennepin County Bar Association
Minnesota Small Business
Publications Associated Press, Star Tribune, Pioneer Press, Duluth News Tribune, William Mitchell Law Review
Education/Credentials Aaron was awarded his Juris Doctor degree cum laude from William Mitchell College of Law, where he served on the William Mitchell Law Review. He was recognized on the Deans List for outstanding academics and received the CALI Awards of Excellence in Corporations and Alternative Dispute Resolutions courses. Aaron served as President of the Business Law Society and coordinated the establishment of the Corporate Appellate Law Moot Court. He was awarded his Bachelor of Arts degree in Marketing Management and Innovation summa cum laude from Concordia University in St. Paul, Minnesota.
Awards and Honors Ten Outstanding Minnesotans, Minnesota Jaycees
Question My Husband and I sold our business 18 months ago the buyer kept us employed and included in our purchase 10% stock along with employment agreements for 7 yrs and we also signed no compete clauses the buyer is having financial troubles and has decided to dissolve the corporation offering us employment through another one of his businesses with no employment agreements just regular employment. Question? is our no compete clause now voided as well as we have lost out on our stocks and have no guaranteed employment for the next 7yrs correct? is there anything legal to protect us for what has been done?
Answer You asked: Is our no compete clause now voided as well as we have lost out on our stocks and have no guaranteed employment for the next 7yrs correct
Your noncompete probably is not voided, but you should check with an attorney who knows your state's local law to be sure. For more information on noncompetes, see this link: http://www.mansfieldtanick.com/CM/Articles/All-Tied-Up.asp
You asked: Is there anything legal to protect us for what has been done?
The owner of the corporation owes you fiduciary duties because you are a minority business owner. This includes a duty of loyalty, a duty of full disclosure regarding anything material to the business, and other fiduciary duties. It is unclear from your question whether the new owner did anything wrong to you. If you feel that you have been wronged, you should consult with an attorney in your state who can analyze the details of your situation and identify the appropriate legal recourse.
