TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER

 
CONTINUE READING
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
THE
                IOWA LAWYER
                     August 2021 V81 N7

    2020-2021 SUPREME COURT

     TERM IN REVIEW                       PAGE 6

ALSO IN THIS ISSUE
CHANGES TO THE IOWA BUSINESS
CORPORATION ACT
PAGE 8

YOUR FIELD GUIDE TO
RANSOMWARE
PAGE 16

SUCCESSION PLANNING GUIDE
PAGE 18
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
19+
Professionals with STEM related degrees -
7 engineering, 10 science including
5 master degrees, 3 Ph.D. degrees and
2 Doctor of Pharmacy degrees

4,460+
U.S. and foreign patent applications
filed in the last five years

1,430+
Trademark applications
filed in the last five years

Earn What You Deserve
The licensing attorneys at McKee, Voorhees & Sease help
protect intellectual property through various forms of
licensing including but not limited to, non-disclosure
agreements, trade secret licenses, material transfer
agreements, asset acquisitions, non-compete agreements,
and trademark, patent, copyright and software licenses.
We understand the complexities and importance of
transactional agreements due to our technical backgrounds
and experience working with corporations, small businesses,
start-ups, universities, and individuals.
We work closely with our clients and their corporate attorneys
in reviewing, drafting and negotiating intellectual property
agreements to maximize intellectual property investments
and returns.                                                     www.ipmvs.com
Contact MVS for your licensing and other intellectual property
needs at (515) 288-3667.
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
Table of Contents
   THE OFFICIAL PUBLICATION OF
 THE IOWA STATE BAR ASSOCIATION

           GENERAL INQUIRIES
     isba@iowabar.org or 515.243.3179

              EDITORIAL TEAM
Editor-in-Chief        Copy Editor
Melissa Higgins        Steve Boeckman
mhiggins@iowabar.org sboeckman@iowabar.org
515.697.7896           515.697.7869

              THE IOWA LAWYER
(ISSN 1052-5327) is published monthly, except for
the combined December-January issue, by The
Iowa State Bar Association, 625 East Court Ave.,
Des Moines, IA 50309-1904. One copy of each is-
sue is furnished to association members as part
of their annual dues. Non-member subscription
rates are $40 per year. Periodicals postage paid at
Des Moines, Iowa.
                POSTMASTER

                                                        CONTENTS
Send address changes to The Iowa Lawyer Mag-
azine, 625 East Court Avenue, Des Moines, IA,
50309-1904. Members can contact the member-
ship department to change their addresses by
emailing membership@iowabar.org.
                    PRINTER
The Iowa Lawyer Magazine is printed by Mittera
Iowa, 10776 Aurora Avenue, Des Moines, IA, 50322.
Telephone 515.270.0402. Design and Production:                                                                        Volume 81
Mittera Iowa.                                                                                                         Number 7
                   ADVERTISING                                                                                        August 2021
CLASSIFIED. Qualifying ISBA members receive
two free non-job listings annually as a mem-
ber benefit. Members should contact the ISBA
Communications Department for ad placement:
communications@iowabar.org. For Career Center
                                                        FEATURES                                    IN BRIEF
postings, visit http://careers.iowabar.org/              6 A statistical review of the 2020-2021
                                                        		 Iowa Supreme Court Term
                                                                                                     4 Judge Badding appointed to fill vacancy
                                                                                                    		 on Iowa Court of Appeals
DISPLAY. Display advertising in The Iowa Law-
yer Magazine is handled by Larson Enterprises,
909 50th Street, West Des Moines, IA, 50265. For
                                                         8 Iowa Business Corporation Act:
                                                        		 The first comprehensive revision in
                                                                                                     4 Supreme Court spends summer in
                                                                                                    		 administrative term
display advertising and non-member classified           		 over 30 years
ad rates, contact Alex Larson at 515.238.4406 or
alex@larsonent.com.                                     11 Secretary of State Business Services

                                                                                                    COLUMNS & CLE INFO
                                                        		 2021 Legislative Update
                  SUBMISSIONS
The Iowa State Bar Association seeks to publish         14 Strategic coping mechanisms for the
original articles that advance the education, com-      		 modern lawyer                             5 President’s Letter: Lessons learned
petence, ethical practice and public responsibility
of Iowa lawyers. Members are encouraged to sub-         15 ISBA wins Harrison Tweed
                                                        		 Award for providing legal services       21 Transitions
mit articles to the editor for possible publication.    		 to underserved
Submissions should be no longer than 1,500 words,                                                   23 CLE Calendar
although exceptions can be made. Footnotes              16 Your field guide to ransomware           24 Bridge the Gap Seminar
should be kept to a minimum. Include a short bio
of the author(s) and professional photo(s) when         18 Succession Planning Guide is latest
submitting. NOTE: Not all submissions are guar-
                                                        		 ISBA resource for Iowa’s aging           25 In Memoriam
                                                        		 attorney population
anteed publication. The editors and bar leaders
                                                                                                    25 Kudos
review all submissions to make a determination of       19 Judge Richard Doyle to retire after 13
suitability for publication. Email all submissions to
mhiggins@iowabar.org in Microsoft Word format.
                                                        		 years on the Iowa Court of Appeals
                                                                                                    27 Corporate Counsel & Trade
                                                                                                    		 Regulation Seminar
         STATEMENTS OR OPINIONS
                                                        22 The ISBA YLD Diversity Pledge:
                                                        		 Consider volunteering with the
The statements and opinions in this publication         		NAACP                                     28 Classifieds
are those of the authors and not necessarily those
of The Iowa State Bar Association. Readers should       26 Combining passions: ISBA member          30 Spotlight on Service: Bill Hughet
                                                        		 explores genealogy while writing
consult original sources of authority to verify ex-
actness. Advertising in this publication does not
                                                        		 fiction novel                            30 Federal Practice Primer
constitute endorsement of a product or service
unless specifically stated.

                                                                                                             AUGUST 2021 THE IOWA LAWYER     3
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
In Brief                                                                                   The Iowa State Bar Association
                                                                                   625 East Court Avenue, Des Moines, Iowa, 50309-1904
                                                                                          Main: 515-243-3179 Fax: 515-243-2511
                                                                                            www.iowabar.org isba@iowabar.org
     JUDGE BADDING APPOINTED TO                                   PRESIDENT
                                                                  Anjela Shutts           Des Moines      515-288-6041      shutts@whitfieldlaw.com
     FILL VACANCY ON IOWA COURT                                   PRESIDENT-ELECT
                                                                  Henry Hamilton III      W. Des Moines   414-403-9082      hhamil3@aol.com
     OF APPEALS                                                   VICE PRESIDENT
                                                                  Ian Russell             Davenport       563-333-6625      irussell@l-wlaw.com
     On July 22, Gov. Kim Reynolds announced her                  SECRETARY
                                                                  Dwight Dinkla           Des Moines      515-697-7867      ddinkla@iowabar.org
     appointment of Gina Badding to the Iowa Court of
                                                                  IMMEDIATE PAST PRESIDENT
     Appeals. Badding, of Carroll, serves as a district           Jerry Schnurr III    Ft. Dodge          515-576-3977      jschnurr@schnurrlawfirm.com
     judge in Judicial District 2B. She was appointed to          DISTRICT GOVERNORS
     the district court bench in April 2019.                      DISTRICT 1A
                                                                  Chris Even              Dyersville      563-875-9112      ceven@locherlaw.com
                              Judge Badding previously prac-      Daniel Fretheim         Decorah         563-382-2959      dan.fretheim@andersonlawdecorah.com
                                                                  DISTRICT 1B
                              ticed law with Neu, Minnich,        Laura Folkerts          Waterloo        319-234-4471      lfolkerts@duttonfirm.com
                              Comito, Halbur, Neu & Badding,      Heather Prendergast     Waterloo        319-234-4600      heather@neialaw.com
                              P.C., in Carroll. She also previ-   DISTRICT 2A
                                                                  Parker Thirnbeck        Mason City      641-423-4181      pthirnbeck@spd.state.ia.us
                              ously worked as a staff attorney    Megan Rosenberg         Hampton         641-456-2555      mrosenberg@hobsoncadylaw.com
                              for the Iowa Court of Appeals.      DISTRICT 2B
                              Badding received her undergrad-     John Werden             Carroll       712-792-3424        jwerden@eichlaw.us
                                                                  Bethany Currie          Marshalltown		                    bethanycurrie@aol.com
                              uate degree from the University
                                                                  DISTRICT 3A
           Gina Badding       of Iowa and her law degree from     Jack Bjornstad          Spirit Lake     712-332-5225      jack@bjornstad.legaloffice.pro
                              the University of Iowa College of   Kevin R. Sander         Estherville     712-362-7215      ksander@fitzgibbonslawfirm.com
                              Law in 2004.                        DISTRICT 3B
                                                                  Maura Sailer           Denison        712-263-4627        msailer@reimerlohmanreitz.com
     Badding will fill the vacancy created by the upcoming        James Daane            Sioux City     712-252-2424        jdaane@maynelaw.com
     retirement of Iowa Court of Appeals Judge Richard            DISTRICT 4
                                                                  DeShawne Bird Sell     Glenwood       712-527-4026        deshawne@selllaw.com
     Doyle of Des Moines. You can read more about his             Deborah Petersen       Council Bluffs 712-328-8808        deborah@petersenlawcb.com
     career and upcoming plans in retirement on page 19           DISTRICT 5A
     of this issue of the Iowa Lawyer magazine.                   Gilbert Caldwell III   Newton         641-792-4160        gcaldwell@caldwellandbrierly.com
                                                                  Miki McGovern          Woodward       515-490-9081        MikiMcGovern50@gmail.com
     The Iowa Court of Appeals is composed of nine judg-          DISTRICT 5B
                                                                  Andrew Zimmerman       Corning        641-322-4712        andrew@nielsenzimmerman.com
     es and decides appeals from district courts across           DISTRICT 5C
     Iowa. The other two nominees sent to the governor            Maria Brownell         Des Moines     515-246-0322        mbrownell@ahlerslaw.com
                                                                  Joseph Happe           Des Moines     515-288-2500        joe@happemediation.com
     were Judge Joel Barrows, of Bettendorf, and Judge            Nicholas Cooper        Des Moines     515-558-0180        cooper@whitfieldlaw.com
     Mary Chicchelly, of Cedar Rapids.                            Bridget R. Penick      Des Moines     515-242-8902        bpenick@fredlaw.com
                                                                  Stephanie L. Marett    Des Moines     515-283-3179        slm@nyemaster.com
                                                                  Donna Miller           Des Moines     515-809-9699        dmiller@mzelaw.com
                                                                  Kathleen Law           Des Moines     515-283-3116        kklaw@nyemaster.com
                                                                  Cindy Rybolt           Des Moines     515-243-1193        crybolt@iowalaw.org
                                                                  Joe Moser              Des Moines     515-288-0145        jmoser@finleylaw.com
                                                                  Stacey Warren          Des Moines     515-414-8918        stacey@cashattwarren.com

   SUPREME COURT SPENDS SUMMER                                    William Miller
                                                                  DISTRICT 6
                                                                                         Des Moines     515-283-1000        miller.william@dorsey.com

   IN ADMINISTRATIVE TERM                                         Erin R. Nathan
                                                                  Melvin Shaw
                                                                  Caitlin Slessor
                                                                                         Cedar Rapids
                                                                                         Coralville
                                                                                         Cedar Rapids
                                                                                                        319-896-4013
                                                                                                        319-337-7429
                                                                                                        319-365-9461
                                                                                                                            enathan@spmblaw.com
                                                                                                                            law@melvinshaw.com
                                                                                                                            cls@shuttleworthlaw.com
                                                                  Kristofer Lyons        Monticello     319-462-3961        klyons@co.jones.ia.us
                                                                  Chad Brakhahn          Cedar Rapids   319-896-4002        cbrakhahn@spmblaw.com
                                                                  DISTRICT 7
   The Iowa Supreme Court began its administrative                David J. Helscher      Clinton        563-243-1243        dave.helscher@clintonnational.net
   term on July 1. June 30 was the last day of the 2020-          Julie Degen-Sprague    Wilton         563-732-2666        jsprague@spraguelawpc.com
   2021 adjudicative term, in which 121 cases were                DISTRICT 8A
                                                                  Rick Lynch             Bloomfield     641-664-1997        lynchlaw@netins.net
   submitted to the court. All opinions are now archived          Mike Mahaffey          Montezuma      641-623-5425        mwm_mahaffeylaw@zumatel.net
   at www.iowacourts.gov/iowa-courts/supreme-court/               DISTRICT 8B
   supreme-court-opinions/. Oral argument videos, case            Tim Liechty            Mount Pleasant 319-367-2251        bellortliechtylaw@gmail.com
   briefs, attorney names and the Iowa Court of Appeals           REPRESENTATIVES AND DELEGATES
                                                                  Iowa Judges Association Liaison
   decisions from further review cases can be found on            John Wright            Fort Madison		                     John.Wright@iowacourts.gov
   the Iowa Judicial Branch website by searching for the          ABA Delegates
   case name or number on the site’s search function. A           Alan Olson              Des Moines      515-271-9100      aoo@olson-law.net
                                                                  David L. Brown          Des Moines      515-244-2141      dlbrown@hmrlawfirm.com
   statistical review of cases decided during the 2020-2021       Jane Lorentzen          Des Moines      515-244-0111      jlorentzen@hhlawpc.com
   adjudicative term appears beginning on page 6 of this          Kay Oskvig              Des Moines      515-288-6041      oskvig@whitfieldlaw.com
   issue of the Iowa Lawyer.                                      LEGISLATIVE COUNSEL TEAM
                                                                  James Carney         Des Moines         515-282-6803      carney@carneyappleby.com
   During the administrative term, the court hears oral           Doug Struyk          Des Moines         515-282-6803      struyk@carneyappleby.com
                                                                  Jenny Dorman         Des Moines         515-282-6803      dorman@carneyappleby.com
   arguments for attorney ethics cases, considers and
                                                                  ISBA YOUNG LAWYERS DIVISION OFFICERS
   disposes of applications for further review and focuses        President Kristen Shaffer Coralville       319-365-9461 kas@shuttleworthlaw.com
   on the operations of the judicial branch. The 2021-2022        President-elect Kyle Fry  Muscatine        563-564-4982 Kyle.Fry@kentww.com
                                                                  Secretary Dillon Besser   Cedar Rapids     319-409-6575 dbesser@fightingforfairness.com
   adjudicative term begins Sept. 1.                              Immediate Past President
                                                                  Torey Cuellar             Marshalltown     515-382-7255   toreycuellar@gmail.com

     4     THE IOWA LAWYER AUGUST 2021
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
PRESIDENT’S LETTER
FROM ISBA PRESIDENT ANJELA SHUTTS

P
      art of outreach is finding those       days with anxiety – reading about the               neighborhood who would come
      interactions, experiences and rela-    increasing number of COVID cases in                 exercise in our driveway or garage
      tionships that connect us – like the   the state of Iowa. I remember the fear we           at 6:15 a.m. I would have never
conversations about where we were when       felt when we learned our children had               done this prior to March of 2020
we found out we had passed the bar           been exposed and all of the work                    – thinking I was too busy or that I
exam or where we were on Sept. 11, 2001.     undertaken to report and manage their               had to go to the gym to exercise.
Certainly, the global pandemic ranks         potential exposure. I missed seeing my           3. Humor is not just important – it is
right up there as a seminal moment of        mom and other family members. I spent               critical. There were moments I felt
universal experience and has dominated       many nights worried about our kids and              a lot of anxiety, but there were
conversation since its sudden inception.     how this was affecting their education,             some moments of real laughter.
   Recently I was going through old          their mental health and overall                     The memory of seeing Judge Terry
emails while looking for an email            development.                                        Rickers’ cat jump up on his com-
address, and I discovered an email I            As things have settled into a new                puter during a hearing will always
received from a colleague. The email         normal, the Iowa Supreme Court
was from the end of February 2020 and,                                                           make me smile.
                                             established a “Lessons Learned” task-            4. Grace is important not just for
at the time, we were working on an           force to evaluate the future of COVID-
agenda for a meeting scheduled for                                                               others, but yourself. For example,
                                             era judicial branch policies, or as Chief           while I knew that parenting
March of 2020. A speaker suggested that      Justice Christensen calls it, “the lemon-
she appear by Zoom and my colleague’s                                                            teenagers was going to be a
                                             ade taskforce” (for making lemonade                 challenge, I had not anticipated
response to me was that he “had never        out of lemons). As I was writing this
heard of it.”                                                                                    having to deal with having school
                                             letter, I began thinking about my own               cancelled, activities postponed and
   Reflecting back on those early days of    “lessons learned” since March 2020.
2020 made me think about how quickly                                                             discussions about who could be in
                                             They would include the following:                   their “pod” to keep them safe. My
and drastically things changed over just        1. You are more flexible than you
a few short weeks. In full disclosure,                                                           best laid plans of having our girls
                                                   think you are. Before COVID, while            on a routine soon went out the
none of my immediate family members                I had heard of Zoom, I had rarely
became infected by COVID and neither                                                             window. School looked very
                                                   used it. DocuSign was not a part of
mine nor my husband’s employment                                                                 different. I had to “check my
                                                   my vocabulary. Now I am proud to
were impacted. Outside of our personal                                                           baggage at the door” about this
                                                   report that I really do think I could
family experience, it is not an exaggera-                                                        and learn to be okay with it. I did it.
                                                   practice law 100 percent virtually.
tion to say that the practice of law                                                             But it was not pretty at times.
                                                   Thinking about how to be more
underwent a revolutionary change. From                                                        5. Those moments that are not your
                                                   effective, efficient and more
the closure of courthouses, to interac-                                                          best are your opportunities to grow,
                                                   responsive to clients will always be a
tion almost exclusively online, things             part of the practice of law.                  if you are willing to reflect on them.
changed quickly and the legal communi-          2. Change can bring about new                 As the bar association year begins,
ty had to adapt to a new normal. Prior to          routines that make our lives better.     I would love to hear your “lessons
March of 2020, if you had asked me                 Before March of 2020, between my         learned” since March 2020. Our shared
whether I would ever try a case via video          full-time practice, involvement in       experiences, interactions and learnings
conference, I would have laughed at you.           bar and community activities, my         during an unprecedented time in our
   I think back to those days – sometimes          husband’s job and our kids’              world are those that will connect us for
with fondness. I loved eating dinner with          schedules, my family and I were          years to come.
my family every night. One week we even            always moving. I never had a day
had a cooking contest to see which                 where I was home – all day. Like
                                                                                                            Anjela “Anjie” Shutts
family member could make the best                  many of you, the pandemic brought                        Whitfield & Eddy, P.L.C.
dinner (the contest included a score for           about not just days at home, but                         Shutts@whitfieldlaw.com
cleanest kitchen!). I loved all of the             weeks! To be honest, at first this                       (515) 288-6041
movies I shared with my kids during                was a huge challenge for me. But
that time. My family discovered “Ted               then I learned new routines. My
Lasso.” But I also think back to those             “pod” included other moms in the

                                                                                                           AUGUST 2021 THE IOWA LAWYER   5
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
A STATISTICAL REVIEW OF THE 2020-2021
IOWA SUPREME COURT TERM
THE MANY ALIGNMENTS OF THE CHRISTENSEN COURT
                                                                                          By Matthew A. McGuire

  The Iowa Supreme Court experienced an extended                      This term marked a relatively successful year for the Iowa
period of stability between the 2010-2011 term and the              Court of Appeals, as the supreme court affirmed the court of
2017-2018 term. With no turnover among the justices, the            appeals on 46 percent of cases, reversed on 38 percent of
court’s divided opinions were frequently aligned with three         cases and rendered a mixed opinion affirming in part and
justices on one side, three justices on another and Chief           reversing in part in 16 percent of cases. In prior recent terms,
Justice Mark Cady providing the deciding vote. This pattern         the court of appeals’ decisions were upheld on only 20-30
characterized all 21 of the court’s 4-3 decisions in the            percent of cases.
2016-2017 term, for example.
  The arrival of four new justices to the court between
September 2018 and April 2020 has disrupted the court’s             REVERSAL RATES: COURT OF APPEALS
previously durable patterns of alignment. The recently
                                                                    70
concluded 2020-2021 term was the first full term for the court
as it is currently composed. In contrast with prior terms, where    60
many justices agreed with one another very frequently or very
infrequently on cases with non-unanimous opinions, this term        50
most justices agreed with their colleagues between 40 and 70
percent of the time. The alignments, or which justices agreed       40

with which other justices, shifted from case to case as well. The
                                                                    30
results of this term suggest that the predictable justice align-
ments of the last decade are a thing of the past.                   20

Opinions by the numbers                                             10
  The Iowa Supreme Court decided 119 cases by opinion last
                                                                     0
term. This is a substantial increase from last term, when the            2020-2021 Term      2019-2020 Term        2018-2019 Term   2017-2018 Term
court decided 102 cases by opinion, and the 2018-2019 term,
                                                                                                 Affirm   Reverse      Mixed
when the court decided 108 cases by opinion. Including
concurring and dissenting opinions, the justices published a
total of 181 opinions. This number is consistent with the             Justice Appel authored the most opinions with 41, includ-
general trend of increasing concurring and dissenting               ing 18 dissenting opinions and nine concurring opinions.
opinions over the last decade.                                      Justice McDonald authored 30 opinions, including seven
  Fifty cases each came to the court by way of further review       dissenting opinions and five concurring opinions. Three
and direct appeal, making up 84 percent of the total cases.         justices—Justices Appel, McDonald and McDermott—ac-
The court heard seven cases on interlocutory appeal, one            counted for nearly 80 percent of the court’s concurring and
case on certiorari, two cases on certified questions and nine       dissenting opinions this term.
attorney discipline cases. These proportions are consistent
with prior terms.

        Stephen J. Powell
           Mediation Services
         Over 45 years of Trial Experience                                                                         528 W. 4th Street
        in Civil Litigation on behalf of both                                                                     Waterloo, Iowa 50701
             Plaintiffs and Defendats.                                                                               319-232-6555
          Experience You Can Trust.                                                                               powell@s-c-law.com

6   THE IOWA LAWYER AUGUST 2021
     Stephen Powell AD.indd 1                                                                                                        10/3/14 12:17 AM
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
Frequency of agreement                                       percent of the time, in keeping with                           Justice McDonald on fewer than half
   Like any term, the justices were in                       statistical trends from prior terms.                           of divided opinions.
agreement most of the time. Of the 119                         But besides Justices Waterman and                              Perhaps no justice embodies the
cases decided by opinion this term,                          Mansfield, no other pair of justices                           shifting alignments of the current
84—or 71 percent—were unanimous.                             agreed with each other more than 77                            court more than Justice Oxley. In
   When looking at the court’s divided                       percent of the time. This is unusual. For                      cases with non-unanimous opinions,
opinions, a few patterns do emerge.                          example, during the 2018-2019 term,                            Justice Oxley agreed with no other
Justice Appel was most likely to disagree                    then-Justice Christensen agreed with                           justice more than 71 percent of the
with his colleagues. Justice Appel agreed                    Justice Waterman 92 percent of the time                        time and no fewer than 40 percent of
with no other justice more than 40                           and with Justice McDonald 90 percent of                        the time. But this was not a situation
percent of the time in non-unanimous                         the time. This term, Chief Justice                             where Justice Oxley was the pivotal
opinions. Justices Waterman and Mans-                        Christensen agreed with Justice Water-                         swing vote in a divided court. She
field agreed with each other over 91                         man only 63 percent of the time and with                       appeared in the majority on fewer
                                                                                                                            than two-thirds of 4-3 opinions—less
                                                                                                                            frequently than two of her colleagues
TOTAL OPINION AUTHORSHIP                                                                                                    and virtually as often as Justices
                                                                                                                            McDonald and McDermott.
                         Total                  Majority                Concurring             Dissenting
 Appel                              41                  14                      9                      18
 Waterman                           22                  20                      1                       1
                                                                                                                            Justice alignments in 4-3 opinions
 Mansfield                          23                  18                      2                       3                     This most recent term featured 11
 Christensen                        18                  13                      3                       2                   cases decided on a 4-3 basis, repre-
 McDonald                           30                  18                      5                       7                   senting just nine percent of all
 Oxley                              15                  14                      0                       1                   written opinions. Justice Waterman
 McDermott                          25                  15                      2                       8                   was most frequently in the majority,
 Per Curiam                          7                   7                                                                  agreeing with the opinion of the
 TOTAL:                            181                 119                       22                       40
                                                                                                                            court nine of 11 times. And it was
                                                                                                                            Chief Justice Christensen, not Justice
                                                                                                                            Appel, who found herself in the
FREQUENCY OF MAJORITY OPINIONS IN 4-3 CASES                                                                                 majority the least in 4-3 opinions.
                                                                                                                            The chief justice was in the majority
                  Christensen Appel            Waterman Mansfield          McDonald Oxley                McDermott          for only three of the 11 closely
 In Majority1 3                   4            9             8             7              7              6                  divided cases.
 In Dissent2      8               7            2             3             4              4              5                    There was no consistent voting
 Total            11              11           11            11            11             11             11
 % in             27%             36%          82%           73%           64%            64%            55%
                                                                                                                            “bloc” of justices in 4-3 cases
 Majority                                                                                                                   this term. Instead, the 11 closely
 1
   Includes special concurring opinions where the author concurs in the result reached by the Court.                        divided cases featured six different
 2
   Includes opinion that concur in part and dissent in part.                                                                voting alignments, with only one
                                                                                                                            alignment of justices—Justices
                                                                                                                            Waterman, Mansfield, McDonald
JUSTICE ALIGNMENTS IN 4-3 CASES                                                                                             and Oxley—appearing more
                                                                                                                            than twice in such cases.
 Alignment                                                         Frequency
 Waterman – Mansfield – McDonald – Oxley                           4
                                                                                                                            Conclusion
 Christensen – Waterman – Mansfield – McDermott                    2
                                                                                                                              The 2020-2021 term shows
 Appel – McDonald – Oxley - McDermott                              2                                                        that the Iowa Supreme Court’s
 Waterman – Mansfield – McDonald – McDermott                       1                                                        current composition is one whose
 Christensen – Appel – Waterman – McDermott                        1                                                        divided opinions can be difficult to
 Appel – Waterman – Mansfield – Oxley                              1                                                        predict on a case-by-case basis. In
                                                                                                                            contrast with previous terms, the
                                                                                                                            justices found a variety of different
AGREEMENT AMONG CURRENT JUSTICES: NON-UNANIMOUS OPINIONS                                                                    ways to count to four.

                 APPEL    WATERMAN       MANSFIELD      MCDONALD OXLEY MCDERMOTT

 CHRISTENSEN       37%           63%         69%            46%        57%         77%
                                                                                                                           Matthew A. McGuire is an attorney at Nyemaster
                                                                                                                           Goode, P.C. in Des Moines, where his practice
                 APPEL           27%         19%            19%        40%         31%                                     encompasses commercial litigation, intellectual
                                                                                                                           property litigation and antitrust matters. McGuire
                          WATERMAN           91%            55%        69%         58%                                     is a 2013 graduate of Duke University School of
                                                                                                                           Law and clerked for Judge James E. Gritzner in the
                                         MANSFIELD          64%        71%         56%                                     United States District Court for the Southern District
                                                                                                                           of Iowa. He is an editor and contributor to On Brief:
                                                        MCDONALD       71%         58%                 Iowa’s Appellate Blog, which provides discussion on recent decisions
                                                                                                       and news from Iowa’s appellate courts and provides public access to
                                                                      OXLEY        51%
                                                                                                       Iowa Supreme Court briefings.
                                                                              MCDERMOTT

                                                                                                                                            AUGUST 2021 THE IOWA LAWYER        7
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
IOWA BUSINESS CORPORATION ACT
THE FIRST COMPREHENSIVE REVISION OF IOWA’S
CORPORATION STATUTE IN OVER 30 YEARS
                                                                                                  Willard L. Boyd III,   David S. Walker, Drake
                                                                                                Nyemaster Goode, P.C.    University Law School

   A new Iowa Business Corporation Act was           or editorial changes that are clarifying and     The new Act provides that unless the bylaws
enacted this year. Like Iowa’s current Act, the      adds important and useful provisions based       require a meeting of shareholders be held at a
legislation (HF 844) is based on the Model           on developments in corporate law around the      place, the board of directors may determine
Business Corporation Act (“MBCA”) devel-             United States. The Corporate Laws Commit-        that any meeting of the shareholders need not
oped by the Corporate Laws Committee of              tee of the Business Law Section of The Iowa      be held at any place and may instead be held
the American Bar Association.                        State Bar Association met over a three-year      solely by means of remote communication,
   The MBCA is the basis for the corpo-              period to work on proposed legislation           provided that the corporation implements
ration statutes in the majority of states.           for Iowa that resulted in the new Act.           measures to: (1) verify that each person
Various updates to the MBCA have                       Below are some of the highlights of the new    participating remotely as a shareholder is a
occurred from time to time and Iowa                  Act:                                             shareholder; and (2) provide that sharehold-
has adopted amendments to the Iowa                     1. Remote-only meetings of shareholders.       ers have a reasonable opportunity to partici-
Business Corporation Act as a result.                The new Act includes a provision allowing for    pate in the meeting, including an opportunity
   In 2016, the ABA Corporate Laws Com-              remote-only shareholder meetings. The            to communicate, and to read or hear the
mittee published a new edition of the MBCA.          current Act does not include such a provision.   proceedings substantially concurrently with
It is the first comprehensive revision since         During the past 15 months in which the           such proceedings, and to vote on matters.1
1984 (which Iowa adopted in 1989). The 2016          nation has experienced a pandemic, Iowa             The new Act also amended other Iowa
edition is in part a restatement of the MBCA         business corporations have had to rely on the    entity statutes, including Iowa’s nonprofit
that includes all amendments made since the          governor’s emergency proclamations to            corporation statute, cooperative statutes and
previous edition, but it also makes stylistic        conduct remote-only shareholder meetings.        insurance statutes, to allow for virtual-only
                                                                                                      member or policyholder meetings.2 The
                                                                                                      remote-only meeting provisions for the

                    HDHADVISORS
                                                                                                      different types of entities (including business
                                                                                                      corporations) became effective upon
                                                                                                      enactment of the new Act.3
                                                                                                         2. Ratification of defective corporate
             Offering business appraisal, financial advisory, litigation support and                  actions. From time to time, a corporation may
                related professional service to clients across the United States                      determine that, due to a misjudgment or
           Combined, our team represents approximately 25 professionals and over                      oversight, certain actions may have been
                    100 years of experience Expert Witness Testimony                                  invalid. This could occur where there was an
                                                                                                      over-issuance of shares beyond the amount
                  Contact one of our professionals in Des Moines for:                                 authorized in the articles of incorporation or
                                                                                                      where a transaction is within the corporation’s
                EXPERT WITNESS                        BUSINESS VALUATION                              power but there was a failure of authorization
                                                                                                      as a result of procedural misstep. The new Act
             ECONOMIC DAMAGES                     MERGERS & ACQUISITIONS                              includes a ratification process that allows
                                                                                                      corporations to validate defective actions
                                                                                                      retroactively while fully protecting sharehold-
                                                                                                      er rights.4 The goal of the provisions is to
                                                                     We’ve recently                   protect the parties’ reasonable expectations as
                                                                       moved and                      well as the shareholders’ rights and interests
                                                                     expanded! New                    while securing compliance with Iowa’s
                                                                      office in West                  corporate law. The ratification of defective
                                                                                                      corporate acts can be adjudicated by the
                                                                       Des Moines!
                                                                                                      courts as well as accomplished by the corpora-
                                                                                                      tion itself. This process has proved to be
                                                                                                      extremely helpful to corporations in other
                                                                                                      states, including Delaware.
                                                                                                         3. Director duties and liability/liability
            Business Appraisal I Litigation Support I Financial Advisory I ESOP’S
                                                                                                      shield. Iowa’s current Act provides a descrip-
          DES MOINES I 4201 Westown Pkwy, Suite 340 I West Des Moines, Iowa I 515.225.3796
                                                                                                      tion of duties of directors, required standards
            ATLANTA I 2002 Summit Boulevard, Suite 950, Atlanta, Georgia I 770.790.5000
                                                                                                      of conduct and standards of liability; these
                              WWW.HDHADVISORSLLC.COM                                                  remain unchanged in the new Act.5 In addi-
                                                                                                      tion, the current Act authorizes a corporation

8   THE IOWA LAWYER AUGUST 2021
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
Business Corporation Act

to include in its articles a provision that        to be determined by arbitration. The term            jurisdiction of incorporation, assuming in
limits or eliminates monetary liability for any    “internal corporate claim” is defined broadly to     each case the law of the other jurisdiction
actions or failures to act subject to limited      mean any of the following: (1) any claim that        authorizes the procedure, too.13
exceptions.6 The new Act retains these pro-        is based on a violation of a duty under the             8. Medium-form mergers. The current Act
visions and authorizes an additional liability     laws of Iowa by a current or former director,        includes provisions for merger of a business
shield. Under the new Act, a corporation may       officer, or shareholder in such capacity; (2)        corporation with another corporation or
include a provision in the articles of incorpo-    any derivative action brought on behalf of the       eligible entity, subject to shareholder approv-
ration that eliminates or limits any duty of the   corporation; (3) any action asserting a claim        al. It also includes a provision allowing for a
director to offer the corporation the right to     arising pursuant to any provision of the Act,        merger without a shareholder vote when the
a corporate or business opportunity before         the articles of incorporation, or bylaws; and        acquiring entity owns more than 90 percent of
it can be pursued or taken by the director         (4) any action asserting a claim governed by         the outstanding shares of the entity to be
or other person.7 This provision is consistent     the internal affairs doctrine that is not            acquired. The new Act adds a provision to
with developments in LLC law and reflects an       included above. A forum selection provision          permit a “two-step” merger without a share-
increasingly contractual or enabling approach      can be an effective way for corporations to          holder vote following a tender offer if
to business law. Such a provision might be         reduce litigation costs and enable Iowa courts       sufficient shares are owned after the tender
useful, for instance, with regard to a private     to interpret Iowa law in the first instance.         offer—namely, those owned before and as a
equity investor who desires to have a nominee         6. Judicial determination of corporate            result of the tender—to have approved the
on the board but conditions its investment         offices and review of elections and share-           merger (typically a majority of the outstand-
on limitation or elimination of the corporate      holder votes. Under the current Act, there is        ing shareholder votes entitled to be cast).14
opportunity doctrine because of the uncer-         no provision for judicial review of elections           9. Corporate records and reports. The
tainty about its application on account of the     and shareholder votes and determination of           current Act provides rights to shareholders to
investor’s investments in multiple enterprises     corporate offices. Under a section added by          inspect records. The new Act includes a
and specific industries. This provision also       the new Act, the Iowa District Court has             comprehensive revision of the chapter on the
may be helpful in the situation of a joint         authority to determine the following issues:         subject to modernize shareholder access to
venture or closely held corporation where the      (1) the results or validity of an election,          information while protecting interests of the
participants want to be sure that the corpo-       appointment, removal, or resignation of a            corporation. The organization is improved
rate opportunity doctrine would not apply to       director or officer of the corporation; (2) the      and more comprehensive in attention;
their activities outside of the joint venture.8    right of an individual to serve as a director or     importantly, the board can condition
   4. Officer’s duty to inform. Iowa Code          officer; (3) the result or validity of any vote by   inspection upon agreement to confidentiality
section 490.842 continues to set forth the         shareholders; (4) the right of a director to         restrictions.15
standards of conduct for officers, including       membership on a board committee; (5) the                10. Benefit corporations. The new Act
the circumstances in which the persons on          right of a person to nominate or an individual       includes provisions allowing for the incorpo-
whom an officer may rely in discharging his        to be nominated for election or appointment          ration of benefit corporations in Iowa as well
or her duties. Under the new Act, the section      as a director, and (6) other comparable rights       as the election of existing Iowa business cor-
is amended to require that an officer: (1)         under the corporation’s articles or bylaws.12        porations to become benefit corporations.16
inform the superior officer to whom the               7. Domestication and conversion. The              Unlike an ordinary business corporation,
officer reports, or the board of directors or      current Act includes provisions allowing for         which has been held to have shareholder
the board committee to which the officer           the conversion of a business corporation into        primacy as a focus,17 a benefit corporation
reports, of information about the affairs of       another type of entity as well as the conversion     provides an option to mandate the interests
the corporation known to the officer, within       of another entity into an Iowa business              of other stakeholders that are “known to be
the scope of the officer’s functions, and          corporation. The new Act revises and                 affected by the business of the corporation”
known to the officer to be material to such        relocates provisions authorizing conversion          to be at the same level as shareholders.18 The
superior officer, board, or committee; and (2)     transactions, and it adds sections authorizing       new Act contemplates pursuit “through the
inform the officer’s superior officer, or          domestication, a procedure by which a foreign        business of the corporation [of] the creation
another appropriate person within the              corporation can become an Iowa corporation           of a positive effect on society and the envi-
corporation, or the board of directors, or a       or an Iowa corporation can change its                ronment” as well as any other public purpose
board committee, of any actual or probable
material violation of law involving the
corporation or material breach of duty to the
corporation by an officer, employee or agent
of the corporation, that the officer believes
has occurred or is likely to occur. A similar
requirement is recognized in Agency law 9 and                   MEDIATION AND ARBITRATION SERVICES
already imposed on directors.10                               For workers’ compensation, civil litigation, and family law cases
   5. Forum selection provision in bylaws.
Under the new Act, a corporation will be able
to include in its bylaws a requirement that
internal corporate claims be brought
exclusively in a specified court or courts of
Iowa or in any other chosen jurisdictions with
which the corporation has a reasonable
relationship.11 Still, such a provision may not               Virtual mediations available via telephone and video conference
prohibit bringing internal corporate claims in                                     Call to Schedule: (515) 244-0111
                                                                                     www.hhlawpc.com/mediation
courts in Iowa, nor may it require such claims

                                                                                                                       AUGUST 2021 THE IOWA LAWYER   9
TERM IN REVIEW - August 2021 V81 N7 IOWA LAWYER
Business Corporation Act

     set forth in the articles of incorporation.19   provision,23 foreign-trade zone corporation            1Iowa Code §490.709. All Iowa Code citations are to
     Important in the analysis is not just what      provision,24 provisions on names and                   citations in the new Act which, with the exception of the
                                                                                                            remote-only meeting provisions, become effective
     the corporation does but how it conducts        reinstatement following administrative                 January 1, 2022.
                                                                                                            2Iowa Code §§491.17, 515.25, 518.6A, 518A.3A, 499.27A,
     its business and operations.20 The new Act      dissolution25 and provisions on filing of              499.64, 501.303A, 501A.807, 504.701, 504.702A, and
                                                                                                            504.705.
     includes provisions addressing the duties       biennial reports.26                                    3
                                                                                                             HF 844, §230(2). The enactment date was June 8,
     imposed on directors, required “benefit”           13. Secretary of State business filings. In         2021.

     reporting, and conditions for bringing any      other states, including Delaware, the                  4
                                                                                                                Iowa Code §§490.145 – 490.152.
                                                                                                            5
                                                                                                                Iowa Code §§490.830 – 490.831.
     shareholder action.21 With the new Act,         secretary of state’s office allows for pre-filing      6   Iowa Code §490.202(2)(d).
     Iowa joins the nearly 40 jurisdictions that     clearance review of documents as well as               7   Iowa Code §490.202(2)(f).
     have enacted benefit corporation statutes.      expedited filing services for a fee. These             8
                                                                                                             Model Business Corporation Act (2016 Revision), §
        11. Official comments. An important          services are extremely beneficial to business-         2.02, Official Comment.
                                                                                                            9
                                                                                                              Restatement (Third) Agency, § 8.11 (Duty to Provide
     benefit of the MBCA is the official comments    es of all types. Although not part of the              Information).
     that may be used by practitioners and courts    MBCA, HF 844 includes provisions establish-            10   Iowa Code §490.830(3).

     in interpreting and applying in practice        ing these services with the Iowa Secretary of          11   Iowa Code §490.208.
                                                                                                            12
                                                                                                                 Iowa Code §490.749.
     various provisions and requirements in the      State’s office.                                        13
                                                                                                                 Iowa Code §§490.901A-490.935.
     MBCA. The 2016 edition of the MBCA                                                                     14   Iowa Code §490.1104(10).
     includes a new set of updated comments.         Conclusion                                             15   Iowa Code §§490.1601-.1602.
     The Official Comments for prior editions of        With the new Act, Iowa has a comprehen-             16   Iowa Code §§490.1701.

     the MBCA are now out-of-date.                   sive and modernized statute that should
                                                                                                            17Compare Iowa Code §490.1108A, which expressly
                                                                                                            allows a board to consider the interests of other
        12. Unique IBCA provisions remain in         enhance Iowa’s business climate and serve              stakeholders but does not require it.

     statute. The new Act tracks the 2016 MBCA       clients and their counsel well. In addition, by
                                                                                                            18

                                                                                                            19
                                                                                                                 Iowa Code §§490.1701, 490.1704.
                                                                                                                 Iowa Code §490.1701(2)(d).
     but continues to be tailored to reflect Iowa    updating the Iowa Business Corporation Act,            20   MBCA, §17.04, Official Comment.
     experience and preferences. As a result, the    Iowa will be able to continue to take                  21
                                                                                                                 Iowa Code §§490.1704 and 490.1705.
     new Act includes non-MBCA provisions.           advantage of a useful body of law that                 22
                                                                                                                 Iowa Code §490.1108A.
     These include the community interest            develops around the United States that will            23
                                                                                                                 Iowa Code §490.1110.

     provision that allows directors to consider     help increase the certainty and efficiency of
                                                                                                            24   Iowa Code §490.209.

     interests other than shareholders’ interests    corporate actions and corporate
                                                                                                            25

                                                                                                            26
                                                                                                                 Iowa Code §490.1422.
                                                                                                                 Iowa Code §490.1621 (currently, §490.1622).
     when evaluating a tender offer or proposed      transactions.27                                        27
                                                                                                              See Corporate Laws Committee, Model Business
     business combination,22 the business                                                                   Corporation Act (2016 Revision), 72 Bus. Law 421, 430
                                                                                                            (2017).
     combinations with interested shareholder

          Business Valuation &
           Litigation Support

          1707 High Street | Des Moines, IA 50309
          515.282.8019 | www.bccadvisers.com

                             BUSINESS VALUATION  LITIGATION SUPPORT  MERGER & ACQUISITION CONSULTING

                                                                                     Real Estate Appraisal

                                                                                                         1707 High Street | Des Moines, IA 50309
                                                                                                         515.283.0146 | www.iowaappraisal.com

                 COMMERCIAL & AGRICULTURAL REAL ESTATE APPRAISAL  APPRAISAL REVIEW  MARKET/FEASIBILITY STUDIES

     10   THE IOWA LAWYER AUGUST 2021
SECRETARY OF STATE BUSINESS SERVICES
2021 LEGISLATIVE UPDATE                                                          By Carl Dietz

   In this article, I will outline several     HF561 MECHANIC’S LIEN PERFECTION                 Provided the affidavit form is complete
bills passed by the Iowa General Assem-                                                      and the assertion has a basis in fact, the
bly in 2021 that touch on practice with        COUNTY – Effective Jan. 1, 2022               process then forks depending on
the Iowa Secretary of State’s Business            This bill amends chapter 572 to add        whether the secured party qualifies as a
Services Division. The first three bills are   the specification that a mechanic’s lien      “Trusted Filer” as defined in the bill. A
fairly simple: HF309 covers disclosure of      under 572.8 may be perfected, and may         Trusted Filer is a person that meets
personal information relating to tax-ex-       list in its filings on the MNLR operated      either of the following conditions:
empt entities; HF453 pertains to kinds of      by our office, more than one county, so       regularly causes records to be communi-
restrictions prohibited from being             long as some part of the subject property     cated to the filing office for filing and
placed on nonprofit entities; and HF561        falls in each of the listed counties. The     has provided the filing office with
expands the number of counties that            ability to list multiple counties will be     current contact information and
may be charged with a mechanic’s lien.         available in the MNLR tool accessible         information sufficient to establish the
The bulk of the article will address           through our website. The bill also broad-     person’s identity; or has been issued
Division II of SF342, which provides for a     ens the available subjects of court actions   credentials for access to online filing
process for disputing UCC Article 9 lien       specified in 572.32 from only mechan-         services. This second qualifying condi-
filings; and HF844, Iowa’s adoption of         ic’s liens to both mechanic’s liens and       tion is, of course, satisfied by a person
revision 4 of the Model Business Corpo-        bonds given in lieu of mechanic’s liens.      having a Fast Track Filing account.
ration Act.                                                                                     If the secured party is a Trusted Filer,
                                               HF342 DIVISION II: DISPUTING VALIDITY         we notify the secured party that an
HF309 PUBLIC AGENCY DISCLOSURE –               OF UCC ARTICLE 9 LIEN FILINGS –               Affidavit of Wrongful Filing has been
Effective July 1, 2021                         Effective July 1, 2021                        submitted. Then we conduct an adminis-
  With enumerated exceptions, HF309               Only Division II of SF342 relates          trative review to determine whether the
amends Iowa Code chapter 22 to say that        directly to SOS practice. The division        filed financing statement is valid. If we
public agencies may not require 501(c)         applies to Iowa Code chapter 554, and         determine that the financing statement
tax-exempt entities to provide personal        provides for a process for disputing the      is valid, we close the case. If we deter-
information, and neither may such              filing of a UCC Article 9 financing           mine that the financing statement is not
agencies disclose such information             statement. This process is initiated          valid, we file a UCC3 termination
without extensive written permissions.         through the submission to our office by       statement with immediate effect, notify
Discussion during the legislative process      a person named as debtor in the financ-       the secured party that we have done so
indicated that a motivating factor             ing statement of an Affidavit of Wrong-       and close the case. During the subse-
behind the bill was to limit chilling of       ful Filing alleging that the financing        quent six months, the secured party has
donor participation in nonprofit organi-       statement “was not authorized to be filed     recourse to the court.
zations. Under the bill, the definition of     and was communicated . . . with the              If the secured party is not a Trusted
“personal information” specifically            intent to harass or defraud the affiant.”     Filer, we file a UCC3 termination
carves out an exception for information        The affidavit form the bill requires us to    statement that takes effect 90 days after
reportable to SOS pursuant to chapter          provide is available on our website in the    the date of filing, and we notify the
504. The Secretary of State’s office is a      UCC section of the Business Entity            secured party that we have done so. The
primarily-ministerial agency. With few         Forms & Fees page.                            secured party then has that period to
exceptions, information filed with us is
necessarily public record. This exception
protects our agency from liability for the
publication of personal information
included by the filer in a nonprofit
corporation filing.

HF453 NONPROFIT RESTRICTIONS –
Effective July 1, 2021
  This one is pretty simple. It adds new
section 103 to chapter 504: “A state
agency or state official shall not impose
any regulation or reporting requirement
on corporations, as defined in section
504.141, that exceeds the requirements
of state or federal law.”

                                                                                                          AUGUST 2021 THE IOWA LAWYER   11
Legislative Update

      request in writing an administrative              Similarly, while filers could previously      New section 490.146 creates a process
      review. Upon such timely request, we            request preclearance service, such           by which a defective corporate action
      conduct an administrative review to             service also will now be fee structured      can be validated internally through rat-
      determine whether the filed financing           based on the speed of service provided:      ification by the corporation’s board or
      statement is valid. If we determine that          Same-day service: $250.00                  through judicial action. If a defective
      the financing statement is valid, we              Two-day service: Twice the amount          corporate action ratified by the board
      retract the termination statement and                                   of the filing fee    would have required a chapter 490
      close the case. If we determine that the          Three-day service: Same amount as          filing, then, regardless of whether such
      financing statement is not valid, we                                    the filing fee       filing was made, the corporation must
      close the case. Regardless of whether             If a document submitted for preclear-      file with our office a new type of doc-
      the secured party requests administra-          ance is approved, the filing will be         ument entitled Articles of Validation.
      tive review within the 90-day period,           stamped with an “Approved” date. If the      These Articles of Validation, including
      during the subsequent six months, the           document is actually filed within six        as an exhibit any filing that should
      secured party has recourse to the court.        months, the filing will be presumed          have been filed, serve to amend or sub-
         When an affidavit is submitted, we           valid. If an inaccuracy or defect was        stitute for any other filing with respect
      will use an internal tool to track the          present in an approved proposed filing       to the defective corporate action.
      case and store relevant documents that          of a document, and that inaccuracy or           Section 490.920 and subsequent
      are not required to be filed in the UCC         defect would prevent filing by the           sections serve to make domestication
      database, such as Affidavits of Wrongful        secretary, the filer may timely submit a     available to profit corporations.
      Filing and additional information               corrected document. The corrected               490.1701 and its related sections
      requested as part of an administrative          document is effective retroactively as of    introduce benefit corporations to Iowa.
      review. As should be evident, the               the effective date that the document         These are profit corporations with the
      process is detailed and can have a lot of       was submitted to the secretary for filing.   added goal of pursuing some positive
      moving parts. If you have a client who          These scheduled fees for expedited and       public objective. While a benefit
      wishes to have your assistance with the         preclearance services are in addition to     corporation has some internal require-
      process, it is recommended that you be          the normal filing fees that accompany        ments that non-benefit corporations
      sure you’ve familiarized yourself with          business filings.                            don’t, the two mechanical differences in
      the applicable sections of chapter 554                                                       practice with our office are that the
      and administrative rules in IAC 721-30.         DIVISION I – Effective Jan. 1, 2022          Articles of Incorporation must include a
                                                        Division I of the bill adjusts or adds a   statement indicating that the entity is
      HF844 MODEL BUSINESS CORPORATION                variety of chapter 490 elements. A subtle    subject to subchapter 17 of chapter 490
      ACT REVISION 4 DIVISION III –                   change is made to sections 490.1502 et       and that the legal name of a benefit
      Effective July 1, 2021                          seq., making the “Application for            corporation may contain the words
         Division III of the bill, which is in        Certificate of Authority” into the           “benefit corporation” or the abbrevia-
      addition to the MBCA, takes effect              “Foreign Registration Statement,” so         tion “B.C.” or “BC.”
      before the other pieces of the bill that        that a foreign profit corporation               I have confined this article to ele-
      directly affect practice with our office. It    intending to do business in Iowa will no     ments of the bills that directly involve
      covers extra business filing services, and      longer be applying for authorization to      the Secretary of State’s office, and in
      places its provisions in Iowa Code              do business in Iowa, but rather inform-      particular, have only hit the high points
      chapter 9.                                      ing the state that it will be doing so.      of Iowa’s MBCA revision 4 adoption
         While filers could previously request        Functionally, this appears to be a           regarding interaction with our agency.
      expedited service, such service for             distinction without a difference. The        Be advised that the bill contains other
      business entity filings will now be fee         Foreign Registration Statement has the       important updates and changes regard-
      structured based on the speed of service        same content requirements as the             ing corporate law, including more from
      provided:                                       Application for Certificate of Authority,    the MBCA in Division I, as well as
         Two-day service: $50.00                      and must still be filed with a certificate   Division II, regarding remote participa-
         Five-day service: $15.00                     of existence or good standing issued by      tion, and Division IV, regarding foreign
                                                      the foreign jurisdiction.                    trade zones, both of which took effect
                                                                                                   immediately upon enactment.

                                                Andrew B. Howie
                                                     APPELLATE LAWYER                                                  Carl Dietz is Business
                                                                                                                       Services Division Attorney
                                                      ►Fellow, American Academy of                                     with the Iowa Secretary of
                                                            Appellate Lawyers                                          State’s office. He handles
                                                      ►Fellow, American Academy of                                     implementation of and
                                                          Matrimonial Lawyers                                          legal issues regarding
                                                                                                                       business entity filings,
                                                        SHINDLER, ANDERSON,                                            notary commissions,
                                                       GOPLERUD & WEESE, P.C.                      lien filings and trademark registration. He
                                                                                                   earned his law degree at Drake University
                                                              515-223-4567
                                                                                                   and can be reached at (515) 725-2338 or
                                                           howie@sagwlaw.com
                                                                                                   Carl.Dietz@sos.iowa.gov.
                                                            www.sagwlaw.com
                                                           Accepting Referrals

      12   THE IOWA LAWYER AUGUST 2021
Jeff Boehlert and Mark Brownlee, each with 40+ years of varied litigation
 experience earning “AV Preeminent” ratings from their peers, now confine their
  practice to MEDIATION & ARBITRATION services in all areas of civil litigation.
    Jeff and Mark are experienced neutrals with high success rates assisting
   fellow attorneys and parties with FINDING SOLUTIONS to disputes through
           effective and efficient use of the confidential ADR process.

                        Jeff Boehlert                          Mark Brownlee
                     boehlert@bbadr.com                      brownlee@bbadr.com
                        (515) 240-6914                          (515) 571-1931
                       www.bbadr.com                           www.bbadr.com

During the Covid-19 pandemic, Jeff and Mark are hosting ZOOM mediation teleconferences to keep all participants safe.
Afraid to ask for help? Don' t be!
Strategic coping mechanisms for the modern lawyer
By La’Cee Conley

A
      ccording to a recent study per-         Identify triggers                             yourself of the things, people and places
      formed by Law360, “being a lawyer         The ABA defines stress as a “physical,      you adore. Share with yourself one
      is no easy profession, no matter        mental and emotional response to life’s       thing you’ve worked hard to achieve and
where you work. More than 60 percent of       changes and demands.” When stress is          one thing that is going well right now.
private practice attorneys report feeling     chronic, it can be damaging and lead          List two subjects or pursuits you’re
stressed either most or all of the time, as   to serious health problems such as            passionate about and at least two people
do 44 percent of in-house counsel and 38      depression and heart disease.                 you can count on for warm hugs and
percent of government lawyers.” Further,                                                    kind words. Lastly, write down three
the American Bar Association has found                                                      things you are looking forward to either
that “stress affects all people and all
professions. Stress in the legal profes-      Want more wellness content?                   this week, month or year.
                                                                                               A lot of things are stressful because
sion, however, is well-documented.                                                          we don’t allow ourselves enough time
Lawyers work in an adversarial system             The next issue of the Iowa Lawyer         to get them done. Look for ways to
with demanding schedules and heavy                 magazine, in September, will be          take the hurry out of your everyday
workloads, which may contribute to               almost entirely focused on wellness,       tasks and responsibilities. Write things
increased stress levels.” What do we do?                                                    down; don’t rely on your memory alone.
We identify triggers and work daily on            covering topics such as resilience,       Trying to remember not to forget is
coping mechanisms to manage con-                  handling grief, self-care and more.       stressful. Practice labeling situations
trolled and uncontrollable stressors.                                                       differently. Are you really “furious”
                                              Everyone experiences stress. Any              about something or are you simply
     SECTION 1031 EXCHANGE                    number of factors may contribute to           feeling angry or annoyed? Are you
                                              stress, including personality, physi-         “crushed” or are you merely let down
                                              cal and emotional health, personal            or disappointed? We have a temptation
                                              relationships, major life changes and         to exaggerate situations and labeling
                                              social and job issues. It’s not always        situations with the appropriate words
                                              possible to avoid stress, but it is possi-    can reduce stress. Remember, you
                                              ble to change your response to stress.        never have to do today again. You only
                                              The Mayo Clinic provides examples             live a moment once and tomorrow
                                              of external and internal triggers that        is a new opportunity for growth.
                                              can trigger a stress response such as
                                              major life changes, the environment,
                                              unpredictable events, workplace
                                              stressors, social stressors, personal                              La’Cee Conley is an
 THE PREMIER SPECIALIST                       fears, uncertainty and lack of control.                            international intellectual
          FOR                                                                                                    property attorney spe-

 SECTION 1031 EXCHANGES                       Use coping mechanisms                                              cializing in neuroscience,
                                                                                                                 pharmaceutical, biotech-
                                                 Begin and end each week with a                                  nological and chemical
                                              “weekly self-check in.” Ask yourself                               patent applications. She
                                                                                              is also an adjunct professor of law at Drake.
                                              phrases such as “I feel,” “I need,” “I          She is the 2018 recipient of the Community
                                              forgive,” “I celebrate,” “I release” and “I     Achievement Award from the Des Moines
               EXPERTISE                      trust” and answer each of them honest-          Downtown Chamber of Commerce and a
                                              ly. Additionally, follow the alphabet. For      2019 nominee for the Ivy Women in Business
        From a Respected Industry Leader                                                      Award. She currently sits as a Board Member
                                              each letter, conjure a way in which you         for Ballet Des Moines, serves as an Officer of
                                              can conquer stress. For example, “B”            the Board for the International Inns of Medi-
                                              can be “bawl” – as in a good cry can            ation as well as a city Commissioner for the
                                                                                              City of Waukee after serving on the Board
                                              sometimes help release tension. Addi-           of Appeals for the city, and is a member of
                                              tionally, “P” can be “play” – take 10           the Advisory Council for the Leadership,
                                              minutes out of your day to just meditate,       Education & Advancement Pipeline. Conley
                                                                                              regularly presents for The Iowa State Bar As-
                                              play a game or practice an instrument           sociation regarding technology in the legal
                  IPE 1031                    in order to reduce stress.                      field. She also writes for IPWatchdog.com –
     888.226.0400 | WWW.IPE1031.COM              Take a few minutes out of each day to        an intellectual property publication with over
            INFO@IPE1031.COM                                                                  1.6 million subscribers
                                              recognize the good stuff. Remind

14   THE IOWA LAWYER AUGUST 2021
ISBA wins harrison Tweed Award
          for providing legal services to underserved
                                           County Bar Association’s Volunteer             and law schools to identify existing
                                           Lawyer Project, developed a free legal         resources, areas of need and ways to
                                           hotline for individuals and businesses         ensure New Yorkers obtained necessary
                                           impacted by COVID-19, providing a              pro bono civil legal assistance.
                                           source of information and legal                   Any local or state bar association
                                           assistance to Iowans and addressing a          in the United States that has devel-
                                           wide array of legal needs arising out of       oped or significantly expanded a
                                           the pandemic.                                  project or program for providing
                                             The New York bar group helped                access to legal services for persons
                                           coordinate and lead the state’s legal          living in poverty; or demonstrated
                                           community response to the pandemic             long term excellence in maintaining
                                           by bringing together attorneys from            projects or programs providing such
                                           law firms, the judiciary, corporations         access may apply or be nominated.

Harrison Tweed
   The Iowa State Bar Association is
being honored with the national 2021
Harrison Tweed Award in August for
its work to boost legal services for the
underserved during the COVID-19
pandemic.
   The award will be presented at the              REACH
                                                    OUT
virtual business meeting of the Ameri-
can Bar Association Standing Commit-
tee on Legal Aid and Indigent Defense
(SCLAID) on Friday, Aug. 6, during
the 2021 ABA Hybrid Annual Meeting.
   The Harrison Tweed Award was
created in 1956 to recognize the
extraordinary achievements of state                  IOWABAR .ORG           IOWABAR .ORG/LINKEDIN                 T WIT TER .COM/IOWABAR
and local bar associations that develop         FACEBOOK .COM/IOWABAR     INSTAGRAM.COM/ THEIOWABAR               IOWABAR .ORG/ YOUTUBE
or significantly expand projects or
programs to increase access to civil
legal services for persons in poverty or
criminal defense services for indigents.
The award is named for the late
Harrison Tweed, a leader in the
promotion of free legal services to the
                                                                                      Hon.  MarkW.W.
                                                                                      HON. MARK                    Bennett
                                                                                                             BENNETT
                                                                                          (Retired U.S district judge)
                                                                                                     (Ret. U.S district judge)
poor, and presented annually by                                                         Mediation,
SCLAID and the National Legal Aid &                                                      Mediation,Arbitration
                                                                                                    Arbitrationand
                                                                                                                and
                                                                                            Legal  Consulting
                                                                                             Legal Consulting
Defender Association, a nonprofit
association devoted to the delivery of                                                • 45 years of combined judicial and private
                                                                                       45 years of combined judicial and private practice
legal services to those who cannot                                                       practice in
                                                                                       experience   experience
                                                                                                      more than in
                                                                                                                30 more
                                                                                                                   federalthan  30courts
                                                                                                                           district
                                                                                          federal  district
                                                                                            and multiple    courts
                                                                                                         state     and multiple
                                                                                                               and appellate courts.
afford counsel.                                                                              state and appellate courts.
   Both the ISBA and the New York                                                                   National experience
                                                                                                • Nationalwork
                                                                                             – Midwestern  experience
                                                                                                                ethic and rates
State Bar Association were selected for                                                   • Midwestern515-414-1186
                                                                                                        work ethic and rates
their exemplary work in responding to                                                                  mark@mbennett.us
legal needs arising from the COVID-19                                                           515-414-1186
                                                                                                    www.mbennett.us

pandemic. The Iowa bar, in partner-                                              mark@mbennett.us             • www.mbennett.us
                                                                                         Virtual mediation and arbitration available
                                                                                       Recruited member of both FedArb & Resolute Systems
ship with Iowa Legal Aid and the Polk

                                                                                                       AUGUST 2021 THE IOWA LAWYER          15
You can also read