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Lessons From Trial: Family Businesses and Disaster Prevention by a Proper Business Succession Plan.

I just finished up a complex and messy trial that spanned over a few weeks centering on a family owned and operated business. The case involved multiple family members over multiple generations, and differing levels of involvement in the family business, and, as it turned out, differing expectations of the business succession plan once theContinue reading “Lessons From Trial: Family Businesses and Disaster Prevention by a Proper Business Succession Plan.”

Celebrating Entrepreneurship and Crowdfunding

February is the time to celebrate Entrepreneurship. The National Entrepreneurship Week is slated for February 21 – 28 – you can check out the National website here to see what’s going on nationally to celebrate entrepreneurship. What’s going on In Michigan… Detroit is currently in its Entrepreneur Week – you can check out some of what’s beenContinue reading “Celebrating Entrepreneurship and Crowdfunding”

Lawsuits and Technology: There’s an App for getting a Job – But are you an Employee or a Contractor?

A recent article from the ABAJournal highlights a new emerging dispute in employee v.s. independent contractor law – you can check that article out here Reasons for Business Owners to Properly Classify Workers ln a previous blog post I talked about the consequences of business owners mislabeling employment status see here Employee v.s. Contractor –Continue reading “Lawsuits and Technology: There’s an App for getting a Job – But are you an Employee or a Contractor?”

Michigan Real Estate Law Update: Proposed House Bill to Allow Tenant’s Waiver of Trial By Jury.

A Michigan House Bill was proposed last week that would allow a landlord in a residential lease to include a waiver of a trial by jury. You can see the proposed bill here This proposed amendment would revise a portion of Michigan’s Truth in Renting Act, which only applies to residential landlord tenant rental agreements.Continue reading “Michigan Real Estate Law Update: Proposed House Bill to Allow Tenant’s Waiver of Trial By Jury.”

Local Businesses: More on Crowdfunding

Is Crowdfunding Right for Your Business? An interesting article in Crain’s Detroit addresses crowdfunding and whether its right for businesses. Check it out here. The article is meant for small and large businesses alike to consider whether or not crowdfunding is a viable source of funding for their respective businesses. The article addresses “rewards based”Continue reading “Local Businesses: More on Crowdfunding”

Legal News Update Begs the Questions: are Universal Legal Forms a Good Investment for a Business Start-up?

Happy Friday! The ABAJournal reported today that LegalZoom “has gotten a green light to operate in the United Kingdom as an alternative business structure.” You can read the entire article here The ABAJournal also has an interesting extensive article about the value of these alternative legal service providers see that article here I’ve previously commentedContinue reading “Legal News Update Begs the Questions: are Universal Legal Forms a Good Investment for a Business Start-up?”

Michigan Real Estate Law Update: Investors: If you Intend to Redeem, Better Record that Deed.

Happy New Year! A brief Michigan Legislative Update that affects real estate investors. HB 5795 was passed into law on December 29, 2014 and given immediate effect. The law amends the redemption from foreclosure statute. MCL 600.3140. See the legislative analysis of the House Bill here Purchasing Property at (and after) Foreclosure. Under the prior language, anyone “lawfullyContinue reading “Michigan Real Estate Law Update: Investors: If you Intend to Redeem, Better Record that Deed.”

Legal News Update: Lawyer’s “million-dollar challenge” was not an enforceable contract.

So a lawyer headlined in the ABAJournal yesterday because he evidently announced on national television that he would pay $1 Million to anyone who could disprove his client’s alibi. As the ABA Journal Reports it “In the interview, recorded before trial and broadcast after his client’s 2006 conviction, [the lawyer[ said the prosecution’s theory wasContinue reading “Legal News Update: Lawyer’s “million-dollar challenge” was not an enforceable contract.”

Business Law Update: It Will Be a Merry Christmas For Some Startup Non-Profits.

Christmas has come early for some small non-profits seeking federal tax exemption under the 1023-EZ Application Process. Back in September I posted on the Federal Government’s new process for a potentially quicker and more cost-effective way for small startup non-profits to gain 501(c)(3) Exemption. You can see that article here As a recap, The IRSContinue reading “Business Law Update: It Will Be a Merry Christmas For Some Startup Non-Profits.”

Detroit’s Blight Removal: Opportunity For Social Entrepreneurs to Utilize Crowdfunding?

Today’s Detroit Free Press had an article about Detroit’s blight removal campaign – see it here The article reports that through various avenues, including the Detroit Land Bank Authority: “Detroit now demolishes 200 eyesores a week,“ The article goes on to report all of the challenges ahead for Detroit, including a vast amount of blighted propertiesContinue reading “Detroit’s Blight Removal: Opportunity For Social Entrepreneurs to Utilize Crowdfunding?”