Happy Monday! On July 15th the Michigan Supreme Court came out with its much anticipated (at least in the legal community) decision in Madugula v Taub, dealing with the Michigan shareholder oppression statute. This decision was much needed to clarify some vague areas in the statute, including: Is a shareholder entitled toContinue reading “Business Law Update: Michigan Supreme Court’s July 15, 2014 Shareholder Oppression Decision”
Monthly Archives: July 2014
Can Lobbyists be Trusted?
As a lawyer, I am always interested in legislation – what new laws are enacted, and what laws are being proposed. Just check out my last blog post about a new proposed bill affecting business Lobbyists certainly play a role in legislation. But what do they do? In a nut shell, lobbyists areContinue reading “Can Lobbyists be Trusted?”
Business Law Update: Proposed Michigan Bill To Limit Non-Competition Covenants.
A Michigan Bill proposes amending the Michigan Antitrust Reform Act to narrow the scope of when covenants not-to-compete are enforceable in Michigan. You can look at the June 12th proposed amendment, here The Narrowing of the Covenants Not-t0-Compete (CNC) will do as follows: 1. Make CNC unenforceable if the employee is terminated (CNC wouldContinue reading “Business Law Update: Proposed Michigan Bill To Limit Non-Competition Covenants.”
Dreaded Words for Business Owners: “Personally Liable”.
I just read an interesting article on the ABAJournal about the co-founder of “Buckyballs” Evidently this product has caused serious harm to children and not only has the product been recalled, but personal liability has been assessed to a co-founder. That is a big deal! The ABA Journal reports the story here: Continue reading “Dreaded Words for Business Owners: “Personally Liable”.”
Great Lessons for Real Estate Professionals From Unfortunate Local Construction News and Recent Case Law
Court cases and local headlines have a way of grabbing our attention – they also provide useful lessons. I had a builder client come to me recently about concerns with their construction contract. The owner that my builder was beginning a job for had a question about the indemnity provision in the contract (which IContinue reading “Great Lessons for Real Estate Professionals From Unfortunate Local Construction News and Recent Case Law”
Michigan Businesses: Before Jumping Into a Lawsuit Consider Kesler Assoc. Inc v Wellman Plastics Recycling, LLC
“You will be hearing from my Lawyer!” Many a lawsuit begins with those parting words. I will occasionally get a call from a business client who is a little fired up (if you’re reading this and you are a business client of mine, I’m definitely not talking about you :)). Maybe he or sheContinue reading “Michigan Businesses: Before Jumping Into a Lawsuit Consider Kesler Assoc. Inc v Wellman Plastics Recycling, LLC”