Real Estate Investors: A Discussion on Laches

If you aren’t into real estate investment in Grand Rapids – maybe you should be. According to an MLIVE article posted last week, Grand Rapids has one of the hottest real estate markets in the country. As reported by MLIVE: “For landlords and real estate investors, Grand Rapids is the second best rental market in the Midwest andContinue reading “Real Estate Investors: A Discussion on Laches”

Recent Court Decision Provides an Important Lesson for Businesses

I just read an interesting opinion from the Court of Appeals. The case involved  a dispute between a property management company and an out of state construction company. You can check out the case here New River Construction LLC v National Field Network Why this case was interesting to me… This case illustrates a classic example ofContinue reading “Recent Court Decision Provides an Important Lesson for Businesses”

Michigan Business Law Update: A Tool for Business in Fighting Against Patent Trolls

Routinely I will get an e-mail from a business client who received some e-mail “notice”  from some “legal department” across the country/world about a photo or other media that my client may have innocently posted to their business website. You may know the scenario I’m referring to – those who apparently patrol cyberspace in search of anyone usingContinue reading “Michigan Business Law Update: A Tool for Business in Fighting Against Patent Trolls”

Deutsche Bank’s Subsidiary Pleads Guilty

More news on big banks…. The DOJ entered into a settlement agreement with Deutsche Bank subsidiary – check out the press release here The headline is: “DEUTSCHE BANK’S LONDON SUBSIDIARY AGREES TO PLEAD GUILTY IN CONNECTION WITH LONG-RUNNING MANIPULATION OF LIBOR” Yeah, that is pretty bad news… According to the Press Release: “Deutsche Bank enteredContinue reading “Deutsche Bank’s Subsidiary Pleads Guilty”

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.”

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?”

October 24th Court of Appeals Decision: The Non-Compete Lawsuit Involving 5 Hour Energy.

Happy Thanksgiving! This Case was too interesting to pass up writing about. I have posted a series on covenants not-to-compete and a friend and fellow lawyer (Eric Guerin, Varnum Law – check him out, great business/real estate litigator) sent me this recent unpublished Michigan Court of Appeals decision involving the makers of 5 Hour Energy Drink  andContinue reading “October 24th Court of Appeals Decision: The Non-Compete Lawsuit Involving 5 Hour Energy.”

Business Law Update: First Jimmy Johns now ServiceMasters: Non-Competes Against Cleaning Crew?

Yes, indeed. In my previous article it was Jimmy Johns holding the sandwich delivery workers to a covenant not to compete, now its Servicemaster holding its cleaning crew. The ABAJournal reported today on the article, “Cleaning worker who got new job with $3-an-hour pay raise faces possible suit over noncompete pact” you can see itContinue reading “Business Law Update: First Jimmy Johns now ServiceMasters: Non-Competes Against Cleaning Crew?”