So You Want to Buy a Bar…
If 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 MoreTag: Contracts
Don’t Sign Away Unrelated Rights on Release Agreements
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 MoreStatute of Limitations Set by Contract
Unless 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 MoreThe Impact of Reicher v SET on The Michigan Sales Representatives Commission Act
The Michigan Sales Representatives Commission Act (“SRCA”), MCLA 600.2961, (Click here to view) provides protection for sales representatives from the company he is selling for (“principal”). The statute provides that …
The Impact of Reicher v SET on The Michigan Sales Representatives Commission Act Read MoreForum Selection Clauses
When entering into agreements with larger business entities, whether it be to lease a photocopier or host your website, for example, it is critical that you read the entire agreement, …
Forum Selection Clauses Read MoreWhat is a Franchise?
The 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 MoreBeware the “Choice of Law” Provision
Do 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 MoreBe Careful When You Sign That Contract on Behalf of Your Company
A lot of us are called upon to sign contracts or other documents on behalf of our employer or our own company. Because companies are fictional entities, a company cannot …
Be Careful When You Sign That Contract on Behalf of Your Company Read MoreShortening the Time Period for Discharged Employees to Bring Suit
Employees normally have three years to file a lawsuit for discrimination under Michigan law. The Statute of Limitations for a breach of contract case is six years. However, Michigan courts …
Shortening the Time Period for Discharged Employees to Bring Suit Read MoreGarnishments – What you need to know as a business owner…
As a business owner, there is a strong possibility that you have received, or will receive a Writ of Garnishment at some time. It could entail garnishing an employee’s paycheck, …
Garnishments – What you need to know as a business owner… Read More