Today starts art festival in Grand Rapids – I took this photo just minutes ago. Summer is coming fast and so is Detroit Startup Week. Scheduled from June 18-22. According to its website, Startup week is: “A week long celebration of Detroit’s entrepreneurs. Volunteer-led and completely free for attendees, we are aiming to create a communityContinue reading “Detroit Startup Week Kicks Off – Schedule Now Available, Includes Legal Workshops”
Tag Archives: entrepreneurs
Small Businesses and Startups: What you Don’t Know Can Hurt You.
It is truly starting to feel like summer in downtown Grand Rapids! This was the scene today from my office. Summer is coming fast and so is Detroit Startup Week. Scheduled from June 18-22. According to its website, Startup week is: “A week long celebration of Detroit’s entrepreneurs. Volunteer-led and completely free forContinue reading “Small Businesses and Startups: What you Don’t Know Can Hurt You.”
Business Law Update: Michigan Supreme Court’s May 15, 2017 Decision on Minority Oppression
There are relatively few court opinions covering the Michigan Limited Liability Company Act. There have been even less on the issue of minority oppression claims. It has been almost 3 years since the Michigan Supreme Court issued its Opinion in the Madugula v Taub case on Michigan’s shareholder/member oppression statutes. The Madugula clarified that a claimantContinue reading “Business Law Update: Michigan Supreme Court’s May 15, 2017 Decision on Minority Oppression”
Business Law Update: A discussion on Business Shareholder Oppression.
There are relatively few court opinions covering the Michigan Limited Liability Company Act. There have been even less on the issue of minority oppression claims. So I was excited to see a recent Court of Appeals decision on that subject. Check out the February 9, 2017 unpublished decision of Wisner v SB Indiana, LLC, et alContinue reading “Business Law Update: A discussion on Business Shareholder Oppression.”
Recent Court Case Provides Good Lessons For Real Estate Investors.
Its Wednesday and I wanted to share a court of appeals case that came out on September 15th. Case: Key Bank v Lake Villa Oxford Assoc, et. al. Lesson: be careful when drafting “personal guarantees” I’ve written in the past about personal guarantees. This particular case involved a real estate development gone bad. Defendant, developer,Continue reading “Recent Court Case Provides Good Lessons For Real Estate Investors.”
Grand Rapids’ Businesses: Lessons from a Recent West Michigan Court Case- Read Those Terms and Conditions.
Business owner – let’s say you just signed a purchase order and agreed to buy some product for your business. The product is not what you expected. In fact, its not going to help you in your business at all. You don’t pay for it. You get sued. You take the contract to your lawyerContinue reading “Grand Rapids’ Businesses: Lessons from a Recent West Michigan Court Case- Read Those Terms and Conditions.”
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”