Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
The Michigan Court of Appeals recently held that leaseholders of commercial property could appeal tax assessments under MCL 205.735a on the property they lease. In Spartan Stores v. City of …
Leaseholders may contest tax assessments under MCL 205.735a Read MoreIn the recent unpublished case, Town Center Flats, LLC v. Shelby Township, the Michigan Court of Appeals held that courts are authorized to enforce deed restrictions on property, but townships are not. …
Townships Not Authorized to Enforce Deed Restrictions Read MoreOn November 7, 2014, Judge Rhodes confirmed the City of Detroit’s Eighth Amended Plan for the Adjustment of Debts. This decision resulted in the severe reduction of many creditors’ claims …
Judge Rhodes Specifically Excludes Demorest Law Firm Clients’ Claims From Discharge in Bankruptcy Read MoreThe term “mortgage” is often used interchangeably as “debt” (i.e. “I need to pay my mortgage”). However, a mortgage is actually the security interest in real property that is held …
Court May Choose Not To Enforce Equitable Mortgage Where Mistake In Mortgage Documents Could Have Been Easily Avoided By Lender Read MoreThe Court of Appeals, in its unpublished opinion in Tuscany Grove v. Gasperoni (June 24, 2014), affirmed the lower court’s dismissal of claims by a condominium association against one of …
Organizations Required to Follow Bylaws in Bringing Lawsuit Read MoreMost people understand that they cannot open a hotel called “Holiday Inn” nor could they make their own computer and market it with the logo of an apple. This is …
Trademark Law May Prevent Using Your Name in Your Business’ Name Read MoreShareholders controlling a corporation have an obligation not to abuse their control to the detriment of minority shareholders. In Michigan, these minority shareholders are protected by the Shareholder Oppression Statute …
Michigan Supreme Court Clarifies Rules for Fighting Shareholder Oppression Read MoreThe Michigan Court of Appeals, in a recent unpublished case, affirmed a trial court’s holding that contracts may be construed against the drafter where there is an ambiguity in the …
Being The Writer of a Contract May Have Consequences If Conflict Arises Read MoreThe Michigan Supreme Court in Sholberg v. Truman, held that an owner of real property could not be found liable for public nuisance where someone other than the owner had …
Ownership of Property Alone Not Enough to Find Nuisance Liability Read MoreIn an unpublished opinion, the Michigan Court of Appeals held that a promissory note for $400,000 that had been transferred to Plaintiffs was not enforceable because the transfer had been …
Photocopy of Promissory Note Will Not Work to Transfer Interest Read More