Tag Archives: Iowa Court of Appeals

Iowa Law Protects LLC’s Owners From Personal Liability

Posted on May 21, 2013 by

A February 27, 2013 Iowa Court of Appeals opinion serves as yet another real-world example of how and why taking the time to set up a formal entity – in this case an Iowa LLC – can benefit and provide protection … Continue reading →

Posted in Business Owner, Litigation, Manager, Member, New Law | Tagged , , , , , , , , , | Leave a comment

Business Partnerships in Iowa – Potential Inadvertent Legal Relationships

Posted on January 22, 2012 by

Are you a sole proprietor simply conducting business with another person?  Or, is that “person” actually your partner in a legally recognized partnership?  While you may not believe you are a partner in a partnership with that “person,” surprise, a … Continue reading →

Posted in Business Owner, Intra-corporate dispute, Litigation, Partners, Partnership | Tagged , , , , , , , , , , , , | Leave a comment

Oppression, Breach of Fiduciary Duties, Freeze Out, and Judicial Dissolution – An Iowa Court of Appeals 2011 Analysis

Posted on January 15, 2012 by

The Iowa Court of Appeals addressed Oppression, Breach of Fiduciary Duty,  Freeze Out, and Judicial Dissolution in Jochimsen v. Wapsi Hunting Club, Inc., 803 N.W.2d 672 (Iowa Ct. App. 2011) (CLICK HERE FOR THE OPINION).  As described below, among other issues, … Continue reading →

Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Shareholder | Tagged , , , , , , , , , , | 1 Comment