In December 2024, the University of Minnesota Foundation (UMF) and the Fairview Health System both recognized Anthony Ostlund co-founder, Rich Ostlund’s significant leadership for their respective community service organizations. While maintaining a highly successful national business dispute and governance practice as a trial advocate and board/investor adviser, and as an ABA fiduciary duty treatise author, where the ABA’s Editor-in-Chief describes Rich as among the ‘cream of the crop’ in complex business matters across America, Rich, for over three decades, has also generously donated his time and expertise to support pediatric and adult health care across Minnesota. Since 1998, Rich has donated hundreds of hours annually to support health research and care at the University of Minnesota. During the past 16 years, Rich served as...
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May 4, 2018 Attorney at Law Magazine - Minnesota Edition Author: Peter J. McElligott In April 2016, the Department of Labor (DOL) issued the “Fiduciary Duty Rule” which greatly expanded the number of financial and insurance professionals that were defined as fiduciaries. Although the Fiduciary Duty Rule was not fully implemented, many individuals and firms began preparing for the new regulatory regime. This new duty would have opened the door to...
