Acquisition Stars advises buyers and sellers on sell my business lawyer matters across Minnesota.
Serving 11 markets across Minnesota. Alex Lubyansky on every engagement.
Request Engagement AssessmentAcquisition Stars advises buyers and sellers on sell my business lawyer matters across Minnesota. Alex Lubyansky handles every engagement personally, bringing 15+ years of M&A experience to transactions of varying complexity, from lower-middle-market deals to multi-party structures. 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: one experienced attorney on every deal, no handoffs to junior associates.
Share the basics. Alex reviews every inquiry personally and responds within one business day.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
Acquisition Stars represents clients in each of the following markets. Click any city to learn about business sale law services in that area.
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.
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.
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.
Minnesota has repealed UCC Article 6 (Bulk Sales).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.
Yes. Acquisition Stars is a nationwide M&A and securities law firm. Alex Lubyansky represents clients in Minnesota directly, handling every engagement personally without delegating to junior attorneys. We work with clients in every major metro and smaller markets throughout the state.
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.
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.
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.
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 personally handles every engagement, which means you get direct access to the same attorney from letter of intent through closing.
Alex Lubyansky handles every business sale law engagement personally.
15+ years of M&A experience. Nationwide practice. One attorney on every deal.
We review every transaction inquiry within one business day.
Your transaction details are under review. If there is alignment, we will be in touch.
Meanwhile, feel free to call us directly at (248) 266-2790
One attorney on every deal. Nationwide. 15+ years of M&A experience.