Bob Abdo is Executive Vice President, past Chair of Estate Planning Department, past Chair of Lommen Abdo's Business Law Group. He brings a wide variety of background and experience giving him a practical and substantive perspective to advise clients. He acts as general outside counsel to a variety of businesses. Bob represents start-up, emerging and growing private and publicly held businesses. He provides legal, transactional, estate and family planning, business strategy and long term planning counseling and advice to varied businesses, organizations and individuals. His practice consists of entertainment, securities, real estate, estate planning and business and corporate law matters, including entity formation and related agreements, private and public offerings, mergers and acquisitions, employment, deferred compensation plans, Collateral and Endorsement Split Dollar Insurance Agreements, 457(f) Plans, contracts, venture and other financing. Bob has long been rated AV (the highest rating) by his peers as published in Martindale-Hubbell and is listed in the Martindale-Hubbell Bar Register of Preeminent Lawyers. He was named a "Leading American Attorney" in the categories of Small & Privately Held Business Law, Mergers & Acquisition Law and Security & Venture Finance Law. He has also long been included on the Minnesota Super Lawyers® list in the categories of Small & Privately Held Business Law, General Business and Business/Corporate. He has been chosen as The Best Lawyers in America, 19th edition, for Entertainment Law - Music. He is involved in community affairs including as former trustee and six term mayor of the City of Minnetonka Beach, President of the Minneapolis Athletic Club and President of Lafayette Club. He has been a member and/or chair of many community and private committees, commissions and boards. He was a First Lieutenant, USAR and Chief Finance Officer and Assistant Personnel Officer of the 5501 U.S. Army Hospital unit.
Edina State Bank v. Mr. Steak, Inc., et al., 487 F2d 640 (10th Cir 1974), Cert Denied 419 US 883, 95 S Ct 150, 42 L Ed 2d 123 — § 8-204 of the Uniform Commercial Code that a restriction on transfer imposed by the issuer is ineffective unless conspicuously noted on the security, except against a person with actual knowledge of the restriction.The absence of a requirement for a notation of the restriction in the federal statute does not overrides § 8-204 under the doctrine of preemption of the Securities Act of 1933.