Here’s a scenario I see routinely: Person leaves a business to go start up their own competing business. I ask: did you sign any restrictive agreements with the company that affect what you can do when you leave? The answer I hear it all the time: “Yeah, I signed a non-compete but I know theyContinue reading “Changes Coming to Non-Compete Laws in Michigan?”
Tag Archives: law
Reminder for Michigan Limited Liability Companies on Upcoming Filing Deadline. Stay in Good Standing and Maintain your Corporate Formalities.
Happy #ThrowbackThursday. Some (maybe all of you) may be wondering about my choice of including this photo – it is me, years ago, dressed as Sparty for the MSUvUofM game. I thought it pertinent, given the topic of this e-mail is maintaining your business “liability shield” and as everyone knows, Sparty is the greatest warrior/mascotContinue reading “Reminder for Michigan Limited Liability Companies on Upcoming Filing Deadline. Stay in Good Standing and Maintain your Corporate Formalities.”
Business Law Update: Key Terms to Consider in Business Contracts.
If you’ve followed my posts for any amount of time, you probably aren’t surprised that I like reading and writing about the latest Michigan court cases. Particularly if they are relevant to business or real estate. I always find there are some lessons to be learned. As another aside – I also like to includeContinue reading “Business Law Update: Key Terms to Consider in Business Contracts.”
Another Court Lesson for Business Owners: Read Your Contracts Before You Sign.
I recently read yet another court decision that provides a classic example for businesses owners of the consequences for not reviewing your contracts before signing. The case: the October 6th, 2016 Michigan Court of Appeals decision of Earl Pegues, LLC v Izis General Contractors, LLC. The dispute concerned a construction agreement. The property owner, PeguesContinue reading “Another Court Lesson for Business Owners: Read Your Contracts Before You Sign.”
Legal News Update Begs the Questions: are Universal Legal Forms a Good Investment for a Business Start-up?
Happy Friday! The ABAJournal reported today that LegalZoom “has gotten a green light to operate in the United Kingdom as an alternative business structure.” You can read the entire article here The ABAJournal also has an interesting extensive article about the value of these alternative legal service providers see that article here I’ve previously commentedContinue reading “Legal News Update Begs the Questions: are Universal Legal Forms a Good Investment for a Business Start-up?”
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.”
Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?
I had a client come in yesterday – a local restaurant owner. A startup business. – quick comment – Gotta love local start up businesses. I love their value in being an active part of a local community – their entrepreneurial spirit – willingness to take risks. – Ok – back to where I was going… One ofContinue reading “Michigan Crowdfunding Law Update: Viable Tool for Social Entrepreneurs?”