A buy-sell agreement is like a prenup for a business: it helps you determine what will happen if an owner leaves. No business partnership lasts forever. Inevitably, there will come a time when an owner needs to move on, either by their own choice or because of changing circumstances. If you are starting a new business or are concerned...
Continue ReadingCommercial litigation is a broad area of law that can involve many types of complex disputes. And knowing when and how to choose the right commercial litigation attorney can make all the difference. Any type of disagreement that can come up in a business context may fall into the category of commercial litigation. These issues are often more legally...
Continue ReadingPeople enter into small business partnerships based on a common interest and a common vision. But these halcyon days almost always pass and sometimes significant disputes arise. Conflict arises most frequently from disagreements on future course, a failure to uphold obligations, being “oppressed” as the minority owner, or one business partner acting in bad faith to harm the business....
Continue ReadingIf you have an LLC or corporation, you are likely concerned about protecting yourself from liability. After all, the purpose of these entities is to shield their owners from being personally liable for company debts. Unfortunately, while your LLC or corporation can help you avoid personal liability in most circumstances, there are situations where creditors or claimants of your...
Continue ReadingMany businesses have suffered financial strain in the wake of COVID-19. As a result, contracts that were made before the pandemic may be difficult or even impossible to fulfill. This makes things difficult for both sides of a contract. If you can’t fulfill your contracts, you may become embroiled in litigation and end up further in debt. If another...
Continue ReadingTrade secrets are an important part of any business. Some companies even take extreme measures to protect their trade secrets. For example, rumor has it that KFC moves its secret original recipe to a secure location via armored car and motorcade when it has to update its security systems. And Coca-Cola supposedly keeps its formula in a safe to...
Continue ReadingEmployment Law is a broad topic encompassing all areas of the employer-employee relationship with the exception of negotiations covered by Labor Law and Collective Bargaining. Thousands of Federal and State statutes, administrative regulations, and judicial decisions make up the law of employment. Many laws, such as minimum wage regulations are protective labor legislation. Other laws fall into the area...
Continue ReadingForce majeure is a term used in contracts to describe unforeseen events, outside a party’s control, which may exempt a party from liability. With the recent outbreak of COVID-19, businesses may experience supply chain disruptions or interruptions that impact their ability to perform under a contract. An Overview of Force Majeure Clauses It is widely understood that when parties...
Continue ReadingThe Federal District Courts, the Federal Courts of Appeal, and the United States Supreme Court comprise the federal court system. The federal courts are empowered to decide the constitutionality of federal laws, to resolve other disputes that arise under those laws, and to resolve disputes between residents of different states under certain circumstances. Federal District Courts are the general...
Continue ReadingThe mission of the State Bar is to aid in promoting improvements in the administration of justice and advancements in jurisprudence, improving relations between the legal profession and the public, and promoting the interests of the legal profession in this state. Currently, the Bar has more than 42,000 attorney members. The Michigan Legislature established the State Bar of Michigan...
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