Real estate investors and lenders are under pressure to “get it right” when bidding at sheriff sales, especially in a market where good deals are getting harder to come by. Some lenders/investors have tried some creative methods of recovery and made some interesting legal arguments in order to maximize their profit at or after foreclosureContinue reading “Real Estate Investors Bidding at Foreclosure Sale: If You Pay Less than owed on the Mortgage, there is no Surplus.”
Category Archives: social entrepreneurs
Business Law Update: Why Your Operating Agreement Matters.
Business Owners and Entrepreneurs: Let me paint you a picture: You decide to go into business. You’ve identified a business partner. You and your business partner decide the details of who is going to contribute what (capital, finances, “sweat equity”, etc..). Your startup is now off and running! Your business does not go as expected. You haveContinue reading “Business Law Update: Why Your Operating Agreement Matters.”
Why Startup Fintech Company “Lemonade” is so Intriguing.
CrowdFundInsider just posted an article on a new Fintech Startup – Lemonade. You should check the article out here I’ll start by answering a basic question: (By the way – the photo is one I took last year from Central Park – my limited experience with New York.) What is Fintech? According to FinTech Weekly:Continue reading “Why Startup Fintech Company “Lemonade” is so Intriguing.”
Reflections on the Guy with the Jack Hammer…
This morning I was making my commute to work on the highway – traffic was backed up and at a stand still. Eventually, all cars started to roll along slowly (at this point, I was happy that at least traffic was moving). Fifteen minutes and a few miles later I slowly passed the root cause of theContinue reading “Reflections on the Guy with the Jack Hammer…”
Celebrating Entrepreneurs: National Startup Day
Yesterday August 4 was the 4th Annual National Startup Day Across America. According to the website, National Startup Day Across America was created to: “raise awareness of startup activity and job creation and help catalyze support for your local entrepreneurial community. On the importance of startups in the U.S.: “Startup companies act as entrepreneurial leaders, innovators, and jobContinue reading “Celebrating Entrepreneurs: National Startup Day”
Community Development: The Tension Between Real Estate Entrepreneurship and Keeping Families In Affordable Housing.
This morning I read a MIBiz article by Nick Manes titled: “Hungry investors seek Grand Rapids housing deals, rankling longtime residents” The article does a good job of addressing the “tension” that I wrote about in a previous post. New investment in downtown Grand Rapids is exciting. But, as Nick Manes puts it, the flip-side ofContinue reading “Community Development: The Tension Between Real Estate Entrepreneurship and Keeping Families In Affordable Housing.”
Another West Michigan Business becomes a Certified B Corp
Happy Friday! Yesterday MIBiz reported on the latest West Michigan Business to obtain B -Corp Certification The Highland Group becomes certified B Corp. I’ve previously posted on West Michigan’s Thriving Culture of Social Entrepreneurship in Michigan, the biggest concentration of the B-Corp businesses are in the Grand Rapids area, where there are 11 — twice as manyContinue reading “Another West Michigan Business becomes a Certified B Corp”
About Propaganda Doughnuts’ Closing and West Michigan Business. Working to Build a Better Community.
A few days ago MLIVE posted about Propaganda Doughnuts’ closing on South Division in Downtown Grand Rapids. I was a fan of Propaganda Doughnuts. Occasionally on Sundays after church my family would pick up some doughnuts and go to a park with some friends. I am sorry that I won’t be able to do that any more.Continue reading “About Propaganda Doughnuts’ Closing and West Michigan Business. Working to Build a Better Community.”
Lessons of Grace Found at Mel Trotter Ministries.
If you’re reading this post you may be aware that one of the “hats I wear” is Board Chair at Mel Trotter Ministries (“MTM”). Yesterday I was at MTM for a “Meet the Mission Luncheon” – our board and staff extend regular invitations to business/community leaders, churches, and anyone interested in learning about what we doContinue reading “Lessons of Grace Found at Mel Trotter Ministries.”
West Michigan and its Thriving Culture of Social Entrepreneurship
Today I read an article by MLIVE titled “Michigan Companies could act like non-profits under proposed law” commenting on Michigan’s new Benefit Corporation Legislation – I posted about the new BCorp Legislation a week ago Something caught my attention in this article: in Michigan, the biggest concentration of the B-Corp businesses are in the Grand RapidsContinue reading “West Michigan and its Thriving Culture of Social Entrepreneurship”
Purpose Driven General Counsel 