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?”
Category Archives: business
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 Check out the February 9, 2017 unpublished decision of Wisner v SB Indiana, LLC, et alContinue reading “Business Law Update: A discussion on Business Shareholder Oppression.”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”
Business Case Law Update: Set up Your business agreement with the End in Mind.
It is a beautiful Friday afternoon in downtown Grand Rapids – which is why I took a picture of Rosa Parks Circle. You can see the zamboni is out on the rink. I can’t imagine the ice will last, since the weather is supposed to get in the upper 50s this weekend… I oftenContinue reading “Business Case Law Update: Set up Your business agreement with the End in Mind.”
Michigan Legislation Update: The Urban Food Initiative. Community Revitalization To Include Downtown Grocery Stores.
Two Thanksgivings ago I took my family to New York City. Even amidst the chaos of protecting my 4 young children from darting out into oncoming traffic – we absolutely loved the City. We loved the walk-ability of City life – that you could walk down a block to a grocery store and get allContinue reading “Michigan Legislation Update: The Urban Food Initiative. Community Revitalization To Include Downtown Grocery Stores.”
Reminder for Michigan Limited Liability Companies on Upcoming Filing Deadline. Stay in Good Standing and Maintain your Corporate Formalities.
Happy #ThrowbackThursday. Some (maybe all of you) may be wondering about my choice of including this photo – it is me, years ago, dressed as Sparty for the MSUvUofM game. I thought it pertinent, given the topic of this e-mail is maintaining your business “liability shield” and as everyone knows, Sparty is the greatest warrior/mascotContinue reading “Reminder for Michigan Limited Liability Companies on Upcoming Filing Deadline. Stay in Good Standing and Maintain your Corporate Formalities.”
Michigan Business Law Update – Proposed Bill Aimed at Removing Barriers to Employment for Ex-Convicts
Yesterday I read an Article from the Business Bridge – Senate Considers Employer Incentives to hire ex-Prisoners. This article discusses Senate Bill 14 – introduced just recently. Check out the Bill Analysis here. The Bill would create the “Work Opportunity Act” which would install an “employer reimbursement program to provide grants to employers for hiring people whoContinue reading “Michigan Business Law Update – Proposed Bill Aimed at Removing Barriers to Employment for Ex-Convicts”
Update on Fintech, Social Entrepreneurship and Special Purpose National Bank Charters for Fintech Companies.
Last month, Thomas J. Curry, Comptroller of the Currency gave remarks about Special Purpose National Bank Charters for Fintech Companies. You can read Mr. Curry’s remarks here. Mr. Curry announced that the Comptroller of the Currency (OCC) would move forward with considering applications from financial technology (fintech) companies to become special purpose national banks. Mr. Curry hadContinue reading “Update on Fintech, Social Entrepreneurship and Special Purpose National Bank Charters for Fintech Companies.”
Purpose Driven General Counsel 