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.

In the news and in banner ads all over your social media pages we are inundated with the ups and downs of cryptocurrency. From Bitcoin to Dogecoin to Ethereum to XRP and NFTs the number of options to expose yourself to are many. But the real story is where blockchain technology (the engine that drives cryptocurrency) will be utilized in things we do every day and how that will disrupt many professions and change the…
You are buying a business. You have begun negotiating with the seller and have agreed to a purchase price for the assets of the business and some general terms. Maybe your seller gives you an agreement to review or maybe you will have your attorney draft an agreement for you. Either way, you should require these three things be included in that agreement.…
Complaint and Summons in South Dakota  When you are served with a Complaint and Summons in South Dakota, you have a certain amount of time to respond or there could be dire consequences. If you don’t respond, a Court can agree with the facts in the Complaint and find you in default. You then have a judgment against you and the party against you can try to collect on that judgment through various avenues. In…
Often times creditors will send debtors a reaffirmation agreement in an attempt to assume a lease of personal property. This most commonly happens with vehicle and furniture leases. Not being the wiser, debtors’ counsel has their clients sign these reaffirmation agreements not knowing that they are null and void to effectuate a lease assumption.   Under Title of 11 of the United States Code (“Bankruptcy Code”), there are two different and independent processes for reaffirming debts…
The Small Business Administration (SBA) has approved $200 billion in disaster loans to 3.7 million borrowers since the COVID-19 Economic Injury Disaster Loan (EIDL) program began last year[1]. Unlike the forgivable loans made through the larger and more prominent Paycheck Protection Program (PPP Loans), the disaster loans must be paid back. But they carry a low interest rate and a long repayment term. Currently the disaster loans borrowing limit is capped at $150,000,…
Congratulations on the new addition to your family. Have you been asked the question yet? Maybe the question came from a friend, or your accountant, or your dad. “Do you have a will?” your dad asks. “We don’t have enough money to worry about a will,” you respond. “I don’t have time to sleep, let alone to deal with a lawyer,” your spouse cries. Here is why getting an estate plan done will be worth…