Business Formation

WDFI Warns of Corporate Records Service Scam

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The Wisconsin Department of Financial Institutions has said in a news release on Thursday that numerous business owners have been receiving a solicitation for information and credit card numbers to pay a fee to “Corporate Records Service.” The form comes pre-filled with very specific corporate information (available on-line) which makes it seem official. The WDFI […]

Business Litigation

Contractors Beware – Theft by Contractor is Easier Than You Think

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Most contractors represent a shining example of the all-American hardworking small business owner. Unfortunately, a few bad apples have a tendency to poison the public’s perception of the whole bunch. Thus, the Wisconsin Legislature has codified its “Theft by Contractor” statute under Wis. Stat. 779.02 setting forth very draconian rules about the use of customer […]

General Civil Litigation

Do I have a claim for Adverse Possession?

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When property disputes come up, one issue that is always raised is whether or not there is a claim for adverse possession. The concept of adverse possession comes from the common law concept that if someone utilizes, cares for, and treats property as his/her own for a long enough period of time, then they own […]

Business Formation

Why do I need an Operating Agreement for my LLC?

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There are two key documents with regards to forming an LLC in Wisconsin. The first is the Articles of Organization, which is filed with the Wisconsin Department of Financial Institutions (WDFI). The second is the Operating Agreement, which outlines the agreement between the members (which could be thought of as the “partners” in the business.) […]