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.”

Michigan Business Law Update: Bill Presented to Gov. Aimed to Help Remove Employment Barriers

I previously reported on House Bill 5216 which would give incentives to Michigan businesses for hiring convicted felons back into the work force. Yesterday, the final Bill was passed by the legislature and was sent to the Governor for signing. See article from the Mining Journal Also, if interested in some details of the enrolledContinue reading “Michigan Business Law Update: Bill Presented to Gov. Aimed to Help Remove Employment Barriers”

Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?

I had a client come in yesterday  – a local restaurant owner. A startup business. – quick comment –  Gotta love local start up businesses. I love their value in being an active part of a local community – their entrepreneurial spirit –  willingness to take risks. – Ok – back to where I was going… One ofContinue reading “Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?”

Business Law: Non-Competes Part III

Ok, here is my third Blog Post in so many weeks on covenants not-to-compete. If you read my last blog post on non-compete agreements, you will recall that I mentioned that non-competes are unenforceable against lawyers. You might ask the question: What happens when law firms attempt to bind their attorneys to non-competes?  I’m glad youContinue reading “Business Law: Non-Competes Part III”

Latest Headlines: Fraud and Abuse in Real Estate Investment & Banking

Headline News today – Fraud and abuse in real estate and banking.   Today a press release was issued from The Office of the Comptroller of the Currency (OCC)  assessing $950 million in fines against three national banks for “unsafe or unsound practices related to their foreign exchange trading businesses.” You can see the press releaseContinue reading “Latest Headlines: Fraud and Abuse in Real Estate Investment & Banking”

Real Estate Law News: Example for Wary Landlords and Property Owners

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 clients. I experience it when I am involved in negotiating in landlord/tenant disputes.   Some of the pitfalls property owners have to watch out for are illustrated in a recentContinue reading “Real Estate Law News: Example for Wary Landlords and Property Owners”

Starbucks Lawsuit Highlights Legal Concerns for Startup Businesses

I saw this article yesterday about this lady who sued Starbucks over a “coffee maker dispute”. The ABAJournal reported on it today as well That’s not the part that interested me. She sued Starbucks and after years of litigation she finally settled. For $250. Although interesting, that’s not really the most interesting part to me. HerContinue reading “Starbucks Lawsuit Highlights Legal Concerns for Startup Businesses”

Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales

Those who pick up properties at sheriff sales know there are pitfalls to watch out for. A recent Michigan Court of Appeals unpublished case highlights one of those pitfalls The case is WW Michigan Properties v Repokis, No. 316555, 2014 WL 4723822 (Mich Ct App September 23, 2014). Facts: Daryl and his ex-wife, Karen Repokis, ownedContinue reading “Real Estate Investors: Recent Case Law Highlights Certain Pitfalls of Purchasing at Sheriff Sales”

Non-Profit provides Legal Advocacy to Homeless Victims of Crimes

I just read this article about a non-profit legal advocacy group helping Homeless Victims of Crimes http://whnt.com/2014/09/10/local-organization-encouraging-homeless-crime-victims-to-seek-help-from-proper-authorities-in-wake-of-mark-pridmores-death/ I always find it exciting to hear about groups or individuals who are truly trying to identify an unmet need in society and then run full speed ahead to meet that need, particularly for the oppressed and vulnerableContinue reading “Non-Profit provides Legal Advocacy to Homeless Victims of Crimes”