Over the last few years I’ve posted a few articles on Personal Guarantees in a business transaction. I’ve noticed recently people coming across my articles while searching for “enforceability of a personal guarantee” – so this article, and the new case law I just reviewed is timely. To summarize – Yes – a personal guarantyContinue reading “Business Case Law Update: Personal Guaranty…a “Special Kind of Contract””
Monthly Archives: April 2015
Grand Rapids Church Lawsuit and Messy Church Property Law
Happy Friday! I’ve previously posted articles about the messy nature of Church Property Law – who owns the church property in disputes? You can review a previous article for some of the legal considerations under Michigan law here Different jurisdictions come out with different rules. Michigan does things a little differently than most of theContinue reading “Grand Rapids Church Lawsuit and Messy Church Property Law”
Deutsche Bank’s Subsidiary Pleads Guilty
More news on big banks…. The DOJ entered into a settlement agreement with Deutsche Bank subsidiary – check out the press release here The headline is: “DEUTSCHE BANK’S LONDON SUBSIDIARY AGREES TO PLEAD GUILTY IN CONNECTION WITH LONG-RUNNING MANIPULATION OF LIBOR” Yeah, that is pretty bad news… According to the Press Release: “Deutsche Bank enteredContinue reading “Deutsche Bank’s Subsidiary Pleads Guilty”
Social Entrepreneurship at its finest: Cascade Engineering.
The Governor’s Office last week posted an article on its “reinvention blog” highlighting a company doing amazing work in West Michigan and around the globe: Cascade Engineering. According to the State’s Blog Post: “When Fred Keller founded Cascade Engineering in 1973, he was focused not only on building a successful company but also on creatingContinue reading “Social Entrepreneurship at its finest: Cascade Engineering.”
Update on Michigan Intrastate Equity Crowdfunding (MILE Act)
A quick update on Michigan’s MILE Act – Intrastate Equity Crowdfunding…. I have written about previously that the State of Michigan has been slow to propose and implement rules to provide guidance on the practical application of Intrastate Crowdfunding. Today, Michigan’s Department of Licensing and Regulatory Affairs (LARA) issued a posting on its website: “LARA OffersContinue reading “Update on Michigan Intrastate Equity Crowdfunding (MILE Act)”
Michigan Business Update for Social Entrepreneurs and Business Owners
Happy Monday, all! A quick update – I recently posted on social entrepreneurship and crowdfunding in Michigan. Check that post here. By way of update, Today, the Michigan Economic Development Corporation (MEDC) posted a press release about a crowdfunding campaign launched by a Ypsilanti non-profit – “Cultivate Coffee and Tap House.” As I’ve mentioned in aContinue reading “Michigan Business Update for Social Entrepreneurs and Business Owners”
Purpose Driven General Counsel 