--- title: "Medical Practice Attorney in Minnesota" description: "Medical Practice Attorney across Minnesota. Alex Lubyansky represents buyers and sellers throughout Minnesota." canonical: "https://acquisitionstars.com/medical-practice-attorney/mn" firm: "Acquisition Stars" practice: "M&A and securities law" office: "Novi, Michigan (serves clients nationwide)" contact: "consult@acquisitionstars.com | 248-266-2790" --- # Medical Practice Attorney in Minnesota By [Alex Lubyansky](https://acquisitionstars.com/about) Managing Partner Last updated September 8, 2026 Acquisition Stars advises buyers and sellers on medical practice attorney matters across Minnesota. Serving clients across Minnesota. Alex Lubyansky on every engagement. [Request Engagement Assessment](https://acquisitionstars.com/consultation) ## Medical Practice Attorney Practice in Minnesota Acquisition Stars advises buyers and sellers on medical practice attorney matters across Minnesota. Acquisition Stars helps clients with healthcare acquisitions and works with independent healthcare regulatory counsel on the regulatory work. An associate supports the M&A work. We tell you who would handle your matter before any introduction, and you decide whether to proceed. Minnesota banned non-compete agreements for most employees effective January 1, 2023. Existing agreements are not automatically voided, but new restrictions signed after that date are void. The ban applies to Minnesota employees regardless of choice-of-law provisions. Whether you are acquiring a business, selling a company you have built, or navigating a complex transaction, the firm's approach is the same: senior M&A counsel leading the deal from the first draft through closing. ### Minnesota Transaction Considerations - Minnesota's complete ban on non-competes (effective July 2023) means target companies cannot retain employee non-compete covenants post-acquisition, fundamentally changing workforce retention strategies - Minnesota's 9.8% corporate franchise tax is among the highest in the nation and drives significant deal structuring to minimize Minnesota-sourced income - Minnesota requires mandatory combined reporting for unitary groups, which can pull in income from affiliates not directly operating in Minnesota ### Discuss Your Minnesota Transaction Share the basics. Alex reviews every inquiry and responds within one business day. ## Minnesota Legal Framework for Medical Practice Acquisition Law ### Non-Compete Agreements Banned entirely (effective July 2023). Sale-of-business exception for 25%+ owners. Banned effective July 1, 2023. Minnesota Statutes Section 181.988 voids all non-compete agreements entered into after July 1, 2023, with a narrow exception for the sale of a business (where the restricted party has an ownership interest of at least 25%). Non-solicitation and confidentiality agreements remain enforceable. ### Tax Considerations Minnesota imposes a 9.8% corporate franchise tax, one of the highest in the country. The state uses mandatory combined reporting for unitary groups, single-factor sales apportionment, and market-based sourcing. The high rate significantly affects deal structure and often drives structuring to minimize Minnesota-sourced income. ### Filing Requirements Entity mergers and conversions are filed with the Minnesota Secretary of State. Annual renewals are required. The Department of Revenue requires tax clearance for asset purchases. Regulated industries (insurance, banking, utilities) require separate approvals. ### Bulk Sales / Asset Purchases Minnesota has repealed UCC Article 6 (Bulk Sales). Minnesota Statute Section 270C.58 requires buyers of business assets to withhold a sufficient amount of the purchase price to cover the seller's unpaid state taxes, unless a tax clearance certificate is obtained from the Minnesota Department of Revenue. ## Medical Practice Attorney in Minnesota: Frequently Asked Questions ### Does Acquisition Stars handle medical practice acquisition law matters throughout Minnesota? Yes. Acquisition Stars is a nationwide M&A law firm. Alex Lubyansky leads the M&A side of engagements for clients in Minnesota directly, from deal strategy through closing. We work with clients in every major metro and smaller markets throughout the state. ### How do Minnesota non-compete laws affect business acquisitions and sales? Banned effective July 1, 2023. Minnesota Statutes Section 181.988 voids all non-compete agreements entered into after July 1, 2023, with a narrow exception for the sale of a business (where the restricted party has an ownership interest of at least 25%). Non-solicitation and confidentiality agreements remain enforceable. ### What are the key Minnesota tax considerations in a business transaction? Minnesota imposes a 9.8% corporate franchise tax, one of the highest in the country. The state uses mandatory combined reporting for unitary groups, single-factor sales apportionment, and market-based sourcing. The high rate significantly affects deal structure and often drives structuring to minimize Minnesota-sourced income. ### Does Minnesota have a Bulk Sales Act that affects asset purchases? Minnesota has repealed UCC Article 6 (Bulk Sales). Minnesota Statute Section 270C.58 requires buyers of business assets to withhold a sufficient amount of the purchase price to cover the seller's unpaid state taxes, unless a tax clearance certificate is obtained from the Minnesota Department of Revenue. ### What should Minnesota business owners look for in an M&A attorney? Look for an attorney with genuine transaction experience, not just corporate formation work. Verify that the attorney has handled deals similar in size and structure to yours. In Minnesota, confirm the attorney understands state-specific issues including Minnesota's non-compete framework, successor liability rules, and any industry-specific regulations. At Acquisition Stars, Alex Lubyansky leads the M&A side of the engagement and reviews every transaction document, and the firm works with independent healthcare regulatory counsel on the regulatory work. ## Other M&A and Securities Services in Minnesota Acquisition Stars handles M&A transactions for Minnesota clients and works with independent securities counsel on securities matters. Alex Lubyansky leads every M&A engagement. [M&A Attorney in Minnesota](https://acquisitionstars.com/ma-attorney/mn) [Business Acquisition Lawyer in Minnesota](https://acquisitionstars.com/business-acquisition-lawyer/mn) [Business Sale Attorney in Minnesota](https://acquisitionstars.com/business-sale-attorney/mn) [LOI Attorney in Minnesota](https://acquisitionstars.com/loi-attorney/mn) [Due Diligence Attorney in Minnesota](https://acquisitionstars.com/due-diligence-attorney/mn) [Going Public Attorney in Minnesota](https://acquisitionstars.com/going-public-attorney/mn) [Securities Lawyer in Minnesota](https://acquisitionstars.com/securities-lawyer/mn) [Reverse Merger Attorney in Minnesota](https://acquisitionstars.com/reverse-merger-attorney/mn) [Purchase Agreement Attorney in Minnesota](https://acquisitionstars.com/purchase-agreement-attorney/mn) ## Ready to Discuss Your Minnesota Deal? Acquisition Stars helps clients with healthcare acquisitions and works with independent healthcare regulatory counsel on the regulatory work. An associate supports the M&A work. 15+ years of M&A experience. Nationwide practice. LOI through closing. ### Request Engagement Assessment We review every transaction inquiry within one business day. LOI through closing. Nationwide. 15+ years of M&A experience. --- Source: https://acquisitionstars.com/medical-practice-attorney/mn Markdown version generated for machine readers. Canonical HTML at the source URL.