A while back I wrote a post about the Court of Appeals Decision: The Non-Compete Lawsuit Involving 5 Hour Energy. To recap, the facts: Parties: Plaintiff, Innovation Ventures, LLC, – the maker of “5 Hour Energy” Defendants Liquid Manufacturing, LLC, K & L Development of Michigan, LLC, and Peter Paisley and Andrew Krause, the presidentsContinue reading “MI Supreme Court in Lawsuit Involving 5 Hour Energy: Commercial Non-Competes Must be Evaluated Under the Rule of Reason.”
Tag Archives: business
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.”
Lesson for Businesses: “Words Matter.” Court of Appeals Reverses in favor of Bank of America.
Words Matter. Contracts are about risk allocation. In a transaction, who bears what risk? Back in April I posted on a recent Supreme Court case – Bank of America v First American Title, et. al. If you recall, that case involved allegations of mortgage fraud perpetrated against BOA to the tune of millions of dollars. AboutContinue reading “Lesson for Businesses: “Words Matter.” Court of Appeals Reverses in favor of Bank of America.”
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”
Jimmy John’s Sued over Non-Competition Agreements
Happy Friday! Today’s headline in the ABAJournal: Illinois attorney general sues Jimmy John’s over noncompete clauses for low-wage workers Yikes. A few years ago I posted on this issue According to the ABAJournal: Illinois Attorney General Lisa Madigan claims in a lawsuit that Jimmy John’s sandwich restaurants are violating state law by requiring low-wage workersContinue reading “Jimmy John’s Sued over Non-Competition Agreements”
B-Corporations and the Rise of Social Entrepreneurship
A few months back I sat on a panel to discuss Non-Profit Sustainability and Social Entrepreneurship. You can check out the video here. I was asked to provide some comments on B Corps – or Benefit Corporations. To cover some basics – B-Corps have a dual purpose – To create profit and “create aContinue reading “B-Corporations and the Rise of Social Entrepreneurship”
Startups – Don’t Make this Mistake!
Happy Friday! A few months back I wrote a post titled Business Startups: Don’t make these mistakes. I discussed a recent case that highlighted mistakes that business startups can make – including, shutting down a business, then starting a new one just to avoid debts/creditors. Generally speaking, that doesn’t work! A May 3rd Cour of appealsContinue reading “Startups – Don’t Make this Mistake!”
Michigan Corporations: Maintain your Corporate Formalities and Keep up your Guard.
This morning I received an e-mail reminder from the Michigan Department of Licensing and Regulatory Affairs (LARA) Corporation owners are reminded that annual filing fees and statements must be filed by May 15, 2016. “Annual statements and annual reports can be filed online at http://www.michigan.gov/fileonline LARA sent a reminder that failure to file will result inContinue reading “Michigan Corporations: Maintain your Corporate Formalities and Keep up your Guard.”
Purpose Driven General Counsel 