Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
Companies 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 MoreOn December 23, we posted an article about the Lake Michigan Asian carp dispute. In December, Michigan Attorney General Mike Cox asked the United States Supreme Court to close all …
Update on the Asian Carp Dispute 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 Detroit Free Press (Freep.com) has been following all of the developments at the National Summit this week in Detroit and posting the latest to their blog (See excerpt below). …
Leaders tout Entrepreneurship | Detroit Free Press Read MoreAs 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 MoreThe current economic downturn has led to increased public scrutiny of lending practices. Michigan usury laws offer important protection to borrowers by capping the interest rate that lenders can charge. …
Understanding Michigan Usury Law Read MoreOn May 19, 2009, the Michigan Legislature passed a package of three bills designed to give homeowners facing foreclosure a ninety-day window to meet with their lender and modify the …
Michigan Legislature Passes New Foreclosure Laws Read MoreOur current economic tough times may require businesses to take drastic actions to cut costs, including laying off employees. Legal claims by unhappy former employees inevitably increase when the economy is bad and they cannot easily find new jobs.
Dealing with Downsizing Read MoreMany financially distressed companies accumulate large liabilities for employment taxes withheld from their employees’ wages. These taxes can be assessed personally against the company’s principals.
Troubled Companies & The Trust Fund Recovery Penalty Read MoreOn February 17, 2009, in an effort to ease the financial burden on so many Americans who have been recently laid off, President Obama signed into law the American Recovery …
The Ins & Outs of the Temporary COBRA Subsidy Read More