Detroit Business Law – Resources for Metro-Detroit Businesses
Resources for Metro-Detroit Businesses
On January 1, 2022, the State Treasurer of the State of Michigan announced and certified the new interest rate for money judgments for the first six months of 2022. The …
State of Michigan Treasurer Announces New Interest Rate for Money Judgments for First Half of 2022 Read MoreLate last year, Governor Snyder signed legislation requiring Michigan circuit courts, with at least three judges, to create business courts to hear business and commercial cases. Now, the Michigan Supreme …
Michigan Supreme Court Names Judges For Business Courts Read MoreAs we previously mentioned, Governor Snyder recently signed legislation increasing the statutory maximum for filing a claim in small claims court. As of September 1, 2012, that new limit is …
What Is The New Statutory Limit For Small Claims Court? Read MoreWhere your business has open accounts with customers, it is important that any attempts at collecting payment be made timely. Although the normal rule allows breach of contract actions to …
Payments on Open Accounts for the Sale of Goods are Subject to the 4 Year Statute of Limitations Read MoreIn a recent decision handed down by the Michigan Supreme Court, Miller-Davis Co. v. Ahrens Construction, Inc., the court ruled that Michigan’s six-year statute of limitations for breach of contract, …
Statute of Repose Does Not Apply to Breach of Contract Claims Read MoreIf you are a Michigan homeowner who has recently purchased another home and you are unable to sell your old Michigan home, Michigan law may provide some relief. Michigan homeowners …
Attention Homeowners: Michigan’s Homestead Exemption Act Read MoreThe Michigan Attorney General, Bill Schuette, recently issued an opinion (available at http://www.ag.state.mi.us/opinion/datafiles/2010s/op10340.htm) concerning three issues posed by the Michigan Medical Marihuana Act (MMMA): (1) Whether the Michigan Smoking Ban …
Michigan Attorney General Issues Opinion on Medical Marihuana Read MoreThere are two new energy credits available to eligible taxpayers on their 2009, 2010 & 2011 Michigan tax returns. I am frankly shocked that these two credits where maintained during …
New Energy Credits Available on your 2009 Michigan Tax Return 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 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 More