Annual Report



MSBA Business Law Section Annual Report | 2021-2022

Section Membership
As of 6/16/2022 the Section has 833 members.

Financial Status
The Section had an account balance of $46,252.71 as of 4/30/2022.

CLEs & Events
The Section hosted 5 events in fiscal year 2021-22. 

Program Title

Date

Event Code

CLE Credits

Attendees

Virtual/

In-person/

Hybrid

Non-Profit Law Institute

3/8/2022

 

Multiple

107

Virtual

Banking Law Institute

4/1/2022

 

Multiple

138

Virtual

Business Law Institute

5/9/22-5/10/22

 

Multiple

332

Hybrid

Best Practices in Ag Lending

5/25/2022

461640

1.00 Standard

30

Virtual

Implications of the Otto Bremer Trust Decision for Private Foundations and Their Attorneys

6/07/2022

465121

1.00 Standard

41

Virtual

 

Annual Meeting and Election Results
The Section’s Annual Meeting was held on May 10, 2022 and 22 people attended.

The following council members were elected to serve as Officers on the Section’s Governing Council from 7/1/2022 to 6/30/2023:

Chair: Kim Lowe
Vice Chair: Emmett Robertson
Secretary: Thomas Berndt
Treasurer: Brad Schmidt
Past Chair: Wade Wacholz

The following council members were elected to serve on the Section’s Governing Council from 7/1/2022 to 6/30/2023:

Geoffrey Kozen (HCBA Representative)
Martin Rosenbaum
Laura Bednarski     
Michael Divine       
Matthew Krush       
Michael Frasier       

Section Accomplishments

LegalCORPS Funding: The Business Law Section supports LegalCORPS on a semi-annual basis. LegalCORPS provides free legal assistance in non-litigation matters to low-income owners of small businesses. This year, the Business Law Section Council supported LegalCORPS with a  $7,500 grant.

Summer Clerk Position: For the second year in a row, the Section Council hired a summer clerk position in an effort to increase awareness of practicing business law amongst law students as well as to put the Section's dues revenue to work by providing opportunities. The summer clerk will assist part-time at LegalCORPS providing them with additional learning opportunities while helping the Section’s preferred legal services organization. A rising 2L Mitchell Hamline School of Law student was chosen and we anticipate projects will include gathering, researching and writing/editing materials for the Section webpage, researching and analyzing legislative proposals germane to the section or its committees, researching and assembling case law summaries for use by Section membership and other projects that would support and benefit Section membership and goals.

Submitted By:
Wade Wacholz, Section Chair
Date 06/17/2022