A common scenario in my legal practice: Investor purchases property in an LLC. Investor locates a tenant. Tenant falls behind in rent. Investor hires attorney to evict Tenant. Why hold real estate in an LLC? Most of my investor clients own investment real estate in a Limited Liability Company. This is for liability protection. Once aContinue reading “Landlords/Investors/Property Managers: Single Member LLCs Could Evict Tenants without Legal Representation under House Bill”
Author Archives: jeshuatlauka
Business Law Update: Unfair Competition may not be Preempted by Michigan’s Uniform Trade Secrets Act
Greetings on this cloudy Friday in downtown Grand Rapids, Michigan. Business owner: I’m going to give you a scenario. Let’s say your business wants to engage the services of another business to sell its products. Q: When a business wants to engage the services of another business that will necessarily involve the business divulging confidential informationContinue reading “Business Law Update: Unfair Competition may not be Preempted by Michigan’s Uniform Trade Secrets Act”
Detroit Startup Week Kicks off with Legal Panels: There are Legal Matters Startups Need to Know.
Detroit Startup Week is about a month away. It is exciting to see the growth in downtown Detroit. Detroit was recently ranked the No. 4 City where Downtown is Making a Comeback. It must be an exciting time to be part of the downtown Detroit community. The city promises to be buzzing during Detroit StartupContinue reading “Detroit Startup Week Kicks off with Legal Panels: There are Legal Matters Startups Need to Know.”
Recent Michigan House Bill Would Repeal Prohibition on Rent Control – A Response to the Affordable Housing Crisis?
On March 30, 2017 House Bill 4456 was introduced. The Bill would repeal Michigan’s prohibition on Rent Control. The Bill was presumably proposed in response to the affordable housing crisis in Michigan and all across the United States. Other local governments across the U.S. are exploring legislative avenues to address the housing crisis. According toContinue reading “Recent Michigan House Bill Would Repeal Prohibition on Rent Control – A Response to the Affordable Housing Crisis?”
Reflections from the Past-Board Chair at Mel Trotter Ministries.
On Wednesday my year-long term as Chairman of the Board of Directors of Mel Trotter Ministries came to an end. It truly has been my honor to serve. As I reflect on my year of service, I wanted to share a few thoughts. Who was Mel Trotter? On Tuesdays throughout the year, Mel Trotter MinistriesContinue reading “Reflections from the Past-Board Chair at Mel Trotter Ministries.”
Business Law Update: When are Non-Competes Enforceable?
I took this photo from my office, the first day of Spring 2017. It is fitting that the ice rink in Rosa Parks’ circle is melting. With spring comes new opportunities – including employees leaving their jobs. What happens if the employee signed a non-competition agreement during the course of employment? Are non-competes enforceable? Continue reading “Business Law Update: When are Non-Competes Enforceable?”
Business Law Basics: “For Want of a Comma” The Words You Use Can be Costly.
Disclaimer: The photo below has nothing to do with this post. It is simply my way of recognizing that I am sick of winter and looking forward to the 15 hour drive to Florida in a few weeks… Today I read an article posted by the ABAJournal that illustrates the profound impact on word andContinue reading “Business Law Basics: “For Want of a Comma” The Words You Use Can be Costly.”
Business Law Update: A discussion on Business Shareholder Oppression.
There are relatively few court opinions covering the Michigan Limited Liability Company Act. There have been even less on the issue of minority oppression claims. So I was excited to see a recent Court of Appeals decision on that subject. Check out the February 9, 2017 unpublished decision of Wisner v SB Indiana, LLC, et alContinue reading “Business Law Update: A discussion on Business Shareholder Oppression.”
Fintech Update: Disruption for Good. The OCC’s Remarks Yesterday to Fintech Innovators at LendIt USA in New York
Yesterday, Thomas J. Curry, Comptroller of the Currency gave remarks about Fintech Innovation at LendIT USA (The Worlds Biggest Show in Lending and Fintech) Conference in New York. You can read Mr. Curry’s remarks here. Mr. Curry praised the innovative Fintech Companies who “have fueled healthy competition to modernize and improve how the nation’s financial services needsContinue reading “Fintech Update: Disruption for Good. The OCC’s Remarks Yesterday to Fintech Innovators at LendIt USA in New York”
Real Estate Law and Affordable Housing Issues: Lawsuit Alleges Landlords Discriminating Against Families.
Here’s a profound truth those in the real estate industry will readily acknowledge: Owning and Managing Real Estate is challenging. I hear it from my Property Owner/Manager clients. I experience it when I am in court litigating or negotiating landlord/tenant disputes. Here’s another profound truth: In many parts of the country, including Grand Rapids, Michigan, we have anContinue reading “Real Estate Law and Affordable Housing Issues: Lawsuit Alleges Landlords Discriminating Against Families.”
Purpose Driven General Counsel 