June 2015 – Purpose Driven General Counsel

Recent Delaware Law and Closely Held Business Disputes

I just read in the ABAJournal article that Delaware passed a law favorable to shareholders in litigation. “A law banning corporate bylaws that impose a hefty price on investors who file unsuccessful shareholder derivative suits has been signed by Delaware’s governor.” The Delaware legislature apparently recognizes the challenges that minority shareholders can face in closely held businesses.Continue reading “Recent Delaware Law and Closely Held Business Disputes”

Michigan Startups: Funding through Crowdfunding

I read an article this morning on MIBiz Filling the Funding Gap: More capital required to meet $1.3 billion need from existing Michigan companies Recognizing this gap in funding, John Kerschen, managing partner of Charter Capital Partners said this: “Institutional investors have been reluctant to put money into the small, first-time funds in Michigan thatContinue reading “Michigan Startups: Funding through Crowdfunding”

Crowdfunding News Update

Happy Friday! For those of you who’ve read my posts in the past, you know I promote crowdfunding as a untapped resource for social entrepreneurs. Below are a few headlines about what’s going on in the world of crowdfunding. Locally: “Localized crowdfunding platforms grow through grant matching program” Michigan’s MEDC matching grant program has beenContinue reading “Crowdfunding News Update”

Robin Williams’ Estate: Lessons to be learned from Estate Litigation.

I previously wrote an article on the dispute between Robin Williams’ widow and his children, you can check out that post here Today, the ABAJournal posted an update on this lawsuit – you can check that out here This story is an example of the problems that can erupt after a loved one passes away –Continue reading “Robin Williams’ Estate: Lessons to be learned from Estate Litigation.”