Goosmann Law Firm

Goosmann Law Firm is a FULL SERVICE LAW FIRM with locations in Sioux City, Iowa, Sioux Falls, South Dakota, and Omaha, Nebraska. Goosmann Law attorneys are licensed to practice in Iowa, Nebraska, South Dakota, North Dakota, Minnesota, and Missouri. Their attorney team's practices and industries include but are not limited to Agribusiness and Cooperatives, Banking and Finance, Bankruptcy, Restructuring and Workouts, Business, Construction, Cyber Law and Telecommunications, Divorce and Family Law, Education, Employment, Environmental Health and Safety, Gestational Surrogacy and Adoption, Health Care, Litigation and Trial Law, Manufacturing, Mergers and Acquisitions, Municipal, Nonprofit and Tax Exempt Organizations, Real Estate, and Transportation, Tribal, Wills, Trusts, Estate Planning, and Probate Law.

Before filing a lawsuit, it is imperative that you put an idea in place on what the case is worth. There are various buckets of damages to consider when evaluating what your case is worth. Compensatory damages are actual damages caused by losses that plaintiffs experience. While compensatory damages are designed to provide justice through reimbursement after a wrong is committed, punitive damages can be awarded on top of compensatory damages. Punitive damages are available…
When you get a bad outcome in a case, it is natural to say: “I will just appeal it.” But it is not always that simple and not always possible. This blog tries to give a brief overview of some initial considerations for when you could appeal a decision, and what is involved with an appeal.…
Senior District Court Judge, Bernard A. Friedman, for the United States District Court for the Eastern District of Michigan Southern Division, held that Social Security benefits can be considered in deciding whether a Chapter 7 can be dismissed for “abuse” under 11 U.S.C. § 707(b)(3)(B) “totality of circumstances”. On August 18, 2020, in the case of In re Meehean[1], Judge Friedman upheld the dismissal of the Chapter 7 case of Debtors, Wayne and…
M&A deals have declined by 13% in the first half of 2020 compared to this point in 2019. The dollar value of deals has declined by 43% since last year at this time. Companies in today’s uncertain environment due to the Covid-19 pandemic, global economic uncertainty, the upcoming US election, and racial unrest, must find creative ways to capitalize on opportunities and must adapt to survive long-term.…
For many, charitable giving is at the heart of their family culture. Indeed, it is often this value and a sense of mission that parents and grandparents most deeply desire to instill in younger generations. Certainly, the most important way this desire is fulfilled is through the relationship of family members. However, to cultivate a knowledge and appreciation of charitable giving in a more formal manner, a private family foundation may be considered both during…
Earlier this year, I wrote about various bankruptcy courts that have allowed debtors to redesignate or convert previously filed “traditional” Chapter 11 and 7 cases to Subchapter V /Small Business Reorganization Act (“SBRA”) cases. Again, the SBRA came into effect this year and added Subchapter V to the Bankruptcy Code’s existing Chapter 11.…
If you and/or your spouse have children from a prior relationship, it is important to plan for the future of your children. But what legal rights do stepparents have regarding their stepchildren? If you have ever spoken with an attorney, it probably doesn’t surprise you to hear that the answer is “it depends.” Understandably, being a stepparent adds a few wrinkles that otherwise do not exist for biological parents.…
Century 21 Stores, an off-price retailer with 13 stores across New York, New Jersey, Pennsylvania, and Florida filed for Chapter 11 bankruptcy protection Century 21 Stores, an off-price retailer with 13 stores across New York, New Jersey, Pennsylvania, and Florida filed for Chapter 11 bankruptcy protection on September 10, 2020 in New York citing the nonpayment of the company’s insurance providers of approximately $175 million purportedly due under policies put in place to protect against…
This unique, seldom-used procedure could save you a lot of money. One of the biggest concerns for many people who have just lost a loved one is the cost of probate, also known as the legal procedure through which a person’s assets are distributed either under the terms of a will or not. Probate can be a long and expensive process, which is why many people choose trusts and other probate-avoidance estate planning tools. But…
The short answer is – absolutely! Over the past couple of months and into the foreseeable future, many of us litigators and our clients will be appearing before Courts via videoconferencing technology for a meaningful and substantive hearing. As the old adage goes, one party has to wear the black hat and be the bad guy and one party has to wear the white hat and be the good guy. And as litigators, we always…