Good afternoon, all! The sun was beautiful this morning rising over downtown Grand Rapids. Today I read a recent unpublished Court of Appeals decision that originated out of Kalamazoo County, Michigan – The case: Elluru v Great Lakes Plastic, Reconstructive, and Hand Surgery PC A summary of the Facts: Plaintiff Elluru and defendantContinue reading “Business Law Update: Recent Court Case On Sour Business Relationships and Arbitration Clauses”
Tag Archives: business dispute
Business Law Update for LLCs: The Words You Use In Your Operating Agreement Matter.
Good morning, all! Yesterday was a beautiful day, see the photo I took overlooking downtown Grand Rapids. The leaves are already changing color. Today I read a Court of Appeals Case that came out yesterday that provides a good example for business owners. Background – Today LLCs are generally the entity of choice. Most businessesContinue reading “Business Law Update for LLCs: The Words You Use In Your Operating Agreement Matter.”
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.”
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”
Business Case Law Update: Personal Guaranty…a “Special Kind of Contract”
Over the last few years I’ve posted a few articles on Personal Guarantees in a business transaction. I’ve noticed recently people coming across my articles while searching for “enforceability of a personal guarantee” – so this article, and the new case law I just reviewed is timely. To summarize – Yes – a personal guarantyContinue reading “Business Case Law Update: Personal Guaranty…a “Special Kind of Contract””
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.”