Today Thomas J. Curry, of the Office of the Comptroller of the Currency (“OCC”) spoke at the 2016 National Interagency Community Reinvestment Conference in LA. You can read Mr. Curry’s complete remarks here. Mr. Curry acknowledged the many groups and organizations “working to build better communities and improve the financial lives of low- and moderate-income individuals” AContinue reading “Working to Build Better Communities: Lending Barriers to Stabilizing Neighborhoods in Detroit.”
Tag Archives: business
Michigan LLCs – Maintain your Corporate Formalities and Keep up your Guard.
Yesterday I received an e-mail reminder from the Michigan Department of Licensing and Regulatory Affairs (LARA) LLC owners are reminded that annual filing fees and statements must be filed by February 15. “Annual statements and annual reports can be filed online at http://www.michigan.gov/fileonline.” LARA sent a reminder as follows: “Also, the act provides that ifContinue reading “Michigan LLCs – Maintain your Corporate Formalities and Keep up your Guard.”
Business Contracts and Lawsuits: Isn’t it All a Matter of Interpretation?
Happy Friday! A few weeks back I posted about a trial that I had involving a dispute over the interpretation of a real estate contract. Back in December I posted about commercial leases and how courts will enforce the plain meaning of an “unambiguous” contract. These posts encourage “clear drafting” of business contracts. Ambiguous contractsContinue reading “Business Contracts and Lawsuits: Isn’t it All a Matter of Interpretation?”
Lessons From Trial: WORDS MATTER when Drafting Real Estate Documents
I recently had a trial over a relatively simple real estate document (that, just to be clear, I played no part in drafting). The Owner and Buyer negotiated the terms of an option to purchase real estate. The Investor and Buyer negotiated terms that they both thought were plain. No one thought that the dealContinue reading “Lessons From Trial: WORDS MATTER when Drafting Real Estate Documents”
Lessons From Trial: Business Owners – Don’t Be so Quick to File a Lawsuit.
Happy Friday, all! It’s been a while since my last post. My month of October was swallowed up alive by a jury trial spanning 11 days over a 3 week period. So, forgive me, but I am going to go off on a rant about businesses litigation. Because it is what is on my mind at theContinue reading “Lessons From Trial: Business Owners – Don’t Be so Quick to File a Lawsuit.”
Michigan Startups: Funding through Crowdfunding
I read an article this morning on MIBiz Filling the Funding Gap: More capital required to meet $1.3 billion need from existing Michigan companies Recognizing this gap in funding, John Kerschen, managing partner of Charter Capital Partners said this: “Institutional investors have been reluctant to put money into the small, first-time funds in Michigan thatContinue reading “Michigan Startups: Funding through Crowdfunding”
LINC Real Estate Development News, and Lessons from Recent Court Decision
Happy Friday! News in local real estate development…. Yesterday, the Grand Rapids Planning Commission approved a $15 Million Project. Article here. The Project, 70 housing units with retail on the first story, is being developed by LINC – a Grand Rapids based non-profit focused on Community Revitalization. LINC is great example of a local non-profit doingContinue reading “LINC Real Estate Development News, and Lessons from Recent Court Decision”
Michigan Real Estate Law Update: Landlords May Send Eviction Notice by E-mail
Happy Friday! I’ve previously posted on the Michigan Bill introduced in the House that would allow Landlords to send Tenants eviction notices by E-mail – check out that article here Yesterday, the Governor signed the Bill into Law. The Story was reported by the Midland Daily News The Law allows service via e-mail based uponContinue reading “Michigan Real Estate Law Update: Landlords May Send Eviction Notice by E-mail”
Work to be Done: Removing Employment Barriers
Today I read several articles that left me impressed with the work that needs to be done to help those crippled with employment barriers. From the ABA Journal Post-conviction consequences make it difficult for ex-offenders to find jobs – here via @ABAJournal The ABAJournal notes that: “The U.S. economy loses up to $65 billion in output each yearContinue reading “Work to be Done: Removing Employment Barriers”
A Call to Serve, a Call to Lead
I was reviewing the headlines of the latest edition of the Non Profit Quarterly when I came across this headline: NPQ’s Comment Roundup: On Younger Leaders, from the Perspective of Older Leaders . You can check out the article here This article addresses an issue that I’ve observed over the last 7 years… I’ve seen this to some degreeContinue reading “A Call to Serve, a Call to Lead”