Happy Friday, all! I am a frequent guest blogger with Grand Rapids Area Professionals For Excellence. I typically write about business law issues affecting entrepreneurs and small/closely held businesses in Michigan. Yesterday I wrote an article about Crowdfunding – particularly Michigan’s new law exempting crowdfunding from securities registration in Michigan. This could beContinue reading “Good News for Michigan Start-Up Businesses: Michigan’s New Crowdfunding Law”
Monthly Archives: May 2014
New Legal Challenge for Legal Zoom?
Just a click of the mouse, answer a few questions and BAM! You are your own lawyer. The ABAJournal reported today about a new hurdle for LegalZoom – you can see that article here. As reported in the article, “LegalZoom offers online, self-help legal documents in all 50 states andContinue reading “New Legal Challenge for Legal Zoom?”
Michigan Banks: Encouraging Report Out of The Office of Comptroller of the Currency
The Office of the Comptroller of the Currency reported yesterday that the financial condition of community national banks and federal savings associations in its nine-state Central District improved in 2013 as banks focused on strengthening risk management systems to help boost their performance. You can see the OCC’s report here OCC Director commentedContinue reading “Michigan Banks: Encouraging Report Out of The Office of Comptroller of the Currency”
Michigan Businesses: New Bill to Limit Employer Liability for Hiring Convicts with Certificate of Employability
House Bill 5217 would give incentives to Michigan businesses for hiring convicted felons back into the work force. Today the Senate Judiciary recommended that HB 5217 be given immediate effect. As background… There are a number of great companies who reach out to support putting Michiganders with certain barriers to work. Goodwill IndustriesContinue reading “Michigan Businesses: New Bill to Limit Employer Liability for Hiring Convicts with Certificate of Employability”
Mortgage Holders, Investors, and Agents: New Case Law Definitively States No Standing After Redemption Period?
A case decided April 10th may cut off any claims of wrongful foreclosure by a homeowner after the expiration of redemption period. The Case is Glenna Bryan v JP Morgan Chase,Docket No. 313279 (April 10, 2014, Mich Ct App) There, the Court of Appeals noted that: “Defendant argues that plaintiffs lacked standingContinue reading “Mortgage Holders, Investors, and Agents: New Case Law Definitively States No Standing After Redemption Period?”
Businesses: Consider Limitation Clauses in Your Contracts
A few days ago the ABAJournal posted an article about a lawsuit that has been 13 years in the making – Allstate agents signed a “right-to-sue waiver” – are they precluded from filing a lawsuit now? See the article here A few thoughts after reading that article: Do you use standard contracts in your business?Continue reading “Businesses: Consider Limitation Clauses in Your Contracts”