In my March 11th Post on “What’s Going on With Banks” I made an observation: such worldwide bad press on big banks might lead to increased lending at community based banks. No sooner than I hit “publish” on my post did I receive several more news headlines regarding big bank lawsuits. I get regular “Enforcement Actions”Continue reading “What’s Going on With Banks? Part II: Comptroller on Currency and Community-Based Banks”
Category Archives: business
Michigan Real estate law update: House Passes “Notice to Evict by E-mail” Bill
Happy March Madness Friday! Yesterday House Bill 4038 allowing eviction notices to be sent to residential tenants by e-mail passed the Michigan House. Now on to the Senate. You can check out the latest Legislative Analysis here The Passed Bill looks a bit more complicated (as anticipated) than the original bill that was proposed backContinue reading “Michigan Real estate law update: House Passes “Notice to Evict by E-mail” Bill”
Michigan AG is cracking down on Fraudulent Businesses, Unlicensed Real Estate Professionals
Ag Cracks Down on Bad Michigan Businesses. I just received this press release today from the Michigan Attorney Generals Office announcing the Investigation of 10 Michigan Businesses related to faulty Anti-Freeze Distribution. You can check out the Ex-Parte Petition filed in Court here The Court granted the AG’s request for subpoenas in an order signedContinue reading “Michigan AG is cracking down on Fraudulent Businesses, Unlicensed Real Estate Professionals”
Seven Indicted in Business Opportunity Fraud Scheme
Yesterday the Department of Justice issued a press release that several business men had been indicted related to a multi-million dollar business opportunity scam. You can check out the press release here According to the press release, the businessmen: “made material misrepresentations about the profits customers would make from vending machines and the locations customers wouldContinue reading “Seven Indicted in Business Opportunity Fraud Scheme”
Michigan Real Estate Legislative Update: Eviction Notice by E-mail?
About a year ago I posted an article on a Michigan House Bill that would allow landlords to evict tenants by e-mail. Check out my article here. I never reported back on that Bill, because it sat in the Judiciary Committee for the entire year. Suffice it to say, that Bill was never enacted, butContinue reading “Michigan Real Estate Legislative Update: Eviction Notice by E-mail?”
Michigan Business Law Update: House Bill to Create “Application Fairness” for Felons
House Bill 4208 would create the “Michigan Application Fairness Act” – you can see the text of the bill that was introduced into the Michigan House on February 17, 2015 Under the Bill, “An employer shall not make or use an initial application for employment that elicits or attempts to elicit information concerning conviction ofContinue reading “Michigan Business Law Update: House Bill to Create “Application Fairness” for Felons”
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?”
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”