Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
Last week, the Supreme Court issued an important decision on the free speech rights of corporations. The law has long recognized that, just like individuals, corporations are protected by the …
Important Supreme Court Decision on Corporate Free Speech Read MoreMany contracts have default provisions. These provisions set forth what actions or inaction must occur for a party to default under the Agreement and for the non-defaulting party to be …
Effective Cross Default Provisions Read MoreEach December, the IRS sets the mileage reimbursement rate for the following year. If businesses choose to reimburse their employees for work-related driving, this is the rate at which such …
2010 IRS Mileage Reimbursement Rate Read MoreIn recent weeks, there has been significant media coverage of the Asian carp issue in Chicago-area waterways. Many governments and groups are concerned that unless some drastic action is taken, …
The Asian Carp Dispute Read MoreThe Michigan Legislature has passed a bill which bans smoking in almost all indoor public venues. This ban has been in the works for a long time; many other States …
Michigan Smoking Ban – Summary of House Bill No. 4377 Read MoreContrary to popular belief, employers are not obligated to provide severance pay upon an employee’s termination of employment due to a layoff. If an employer does choose to provide severance …
What You Need to Know About Severance Agreements Read MoreSometimes it’s easier to agree to something verbally, rather than put the agreement in writing. This is not usually a good business practice, however, because many problems can arise from …
Always Get it in Writing… Understanding the Statute of Frauds Read MoreIn a previous article we had examined the fact that the Michigan Court of Appeals affirmed the common law principle that contract provisions that shorten the statutory period for bringing …
A Contract Could Effect Damages in a Lawsuit Read MoreArbitration is often a better choice for the parties than litigation in court, because arbitration is often completed more quickly and with less legal expenses than a lawsuit in court. …
Challenging an Arbitration Award Read MoreIf you’re looking to buy a business, there is a lot to know before you actually make an offer. This is especially true if you’re looking to buy a business …
So You Want to Buy a Bar… Read More