Resources for Metro-Detroit Businesses
Michigan law provides for the imposition of pre-judgment interest, accruing from the date a lawsuit is filed until a Judgment is paid. The purpose of allowing pre-judgment interest is to …
Exceptions To Pre-Judgment Interest Read MoreArbitration agreements are generally favored under Michigan law. Court systems favor arbitration because it helps ration scarce judicial resources and is usually less expensive for the parties. In Cohen v …
Michigan Court of Appeals: Use Arbitration Agreements In Every Agreement Read MoreAs we have previously mentioned, the National Labor Relations Board (NLRB) has mandated that employers post an 11-by-17 inch board in a prominent location explaining the rights of workers to …
US Court of Appeals Delays NLRB Posting Rule Read MoreThis is another case highlighting the importance of careful contract drafting. In Hobwen, Inc v Sisbro Management, LLC, the owner of a Wendy’s restaurant sued the defendant, who planned to …
Fast Food Wars: A Fight Over “Hamburger Products” Read MoreCompanies that want to sell stock to the public must comply with federal and state securities laws. A public offering is very expensive to undertake because a lengthy and comprehensive …
JOBS Act Loosens Restrictions For Startups To Raise Capital Read MoreThis time of the year in particular I am reminded of the Burger King commercial that asked the simple question “Where’s the beef?” This is so because with April 17th …
“Where’s the beef?” Read MoreThe IRS has released form 1127-A that could provide penalty relief to select taxpayers if they are able to pay the balance due on their 2011 individual tax return by …
IRS Offers Expanded Installment Agreements for Selected Taxpayers Read MoreAs this blog previously mentioned, the NLRB adopted a new regulation requiring employers to post notices informing employees of their rights under the National Labor Relations Act, including organizing, joining, …
Federal Court Upholds NLRB’s Employee Rights Notice Rule Read MoreFor the owners of an S-corporation there is always the allure to minimize their own wage for one very simple reason; to avoid payroll taxes. While I certainly understand the …
Reasonable Compensation Read MoreClear and accurate contract drafting is critical. Careful drafting helps express the true intent of the parties, makes performance of the contract easier, and leads to fewer lawsuits. One simple …
“Termination” or “Non-Renewal”: The Importance of Clarity in Contract Drafting Read More