Here. Excerpt:
Courts have long upheld that tribal-owned businesses enjoy the same sovereign immunity as tribal governments and aren’t subject to state law. Matthew Fletcher, director of Michigan State University’s Indigenous Law and Policy Center, said the ownership structure of a firm has bearing on its legal defenses in such situations. Lenders owned by an individual member of a tribe but not deemed to be owned by the tribe itself would have less ground in attempting to block lawsuits or other state action, he said.
“I would assume the tribe and the tribal entity would respond by saying you don’t have jurisdiction over the tribal nation,” Mr. Fletcher said.
Turtle Talk 
Eventually, the more sophisticated will recognize that the Western Sky model was built in the “early days” and would not be duplicated today. AFS tribal economic business enterprises have evolved significantly. “The nail that sticks up above the rest will get hammered down first.”