Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
In all aspects of business and contracting, but especially after a lawsuit has been filed or threatened, one party may approach the other party with a comprehensive release agreement as …
Don’t Sign Away Unrelated Rights on Release Agreements Read MoreWhen purchasing or selling real property in Michigan, parties often rely on their real estate agent to guide them through the process with their best interests in mind. However, this …
What Are A Dual Real Estate Agent’s Duties to the Buyer or Seller? Read MoreUnless the parties agree otherwise, the Statute of Limitations for a breach of contract claim in Michigan is six years. However, the parties may agree by contract to a shorter …
Statute of Limitations Set by Contract Read MoreOn September 24, 2009, the Michigan Court of Appeals issued an important decision on the rights of minority shareholders in Michigan corporations. The Michigan Business Corporation Act allows a minority …
Decision of Michigan Court of Appeals Expands Rights of Minority Shareholders Read MoreJoint tenants hold equal and undivided interests in a parcel, with a right of survivorship. When a joint tenant dies, the deceased’s interest does not descend to heirs. Instead, the …
Jackson v Estate of Green: The Effect of a Partition Action on a Joint Tenancy Read MoreThe sales and operation of franchises are heavily regulated under both federal and state law, but do you know what makes the business relationship between two companies a franchise? There …
What is a Franchise? Read MoreLet’s say that your business is interested in purchasing a particular property, but you know that there have been some disputes in the past regarding this property. These disputes have …
Michigan Freedom of Information Act Read MoreDo you realize that many of the contracts, equipment leases and loan documents that you have signed would require a Michigan judge to use other States’ laws in deciding lawsuits …
Beware the “Choice of Law” Provision Read More“Evergreen contract – A contract that renews itself from one term to the next in the absence of contrary notice by one of the parties” – BLACK’S LAW DICTIONARY 321 …
Beware of Evergreen Clauses Read MoreDemorest Law Firm is a member of the International Society of Primerus Law Firms, an international organization of smaller law firms. Demorest Law Firm is the exclusive member of Primerus‘ …
The Pride of a Craftsman Read More