» Business Law

What Does Force Majeure M…

What Does Force Majeure Mean and Why Should I Care?

Force majeure is a French term meaning “superior force.” It is a principle of contract law that excuses a breach of the contract by one of the parties when that breach is caused by some extreme, unexpected, unforeseeable, or unavoidable circumsta… Read More
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Less Odious NDAs

Less Odious NDAs

Wading into the crowded field of Democratic presidential hopefuls, former New York Mayor Michael Bloomberg faced sharp attacks for his company’s use of non-disclosure agreements (NDAs) to ensure the confidentiality of settled sex discrimination cla… Read More
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Protecting Your Good Name

Protecting Your Good Name

If you are in business, there are plenty of good reasons to set up a corporation or a limited liability company. High on that list is the ability to prevent a competitor from stealing your business name. So long as your corporation or limited liabili… Read More
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The Scams Just Keep on Co…

The Scams Just Keep on Coming

Scams can be big and bold, small and pesky, or anything in between. Here are a couple that probably qualify as small and pesky, yet are of interest because they target us here in Michigan: The Principal Residence Exemption (PRE), which gives Michigan… Read More
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Is the Legislature Playin…

Is the Legislature Playing ‘3D’ Chess?

Until recently, two separate citizen-initiated proposals were scheduled to appear on the November ballot: (1) the Michigan minimum wage increase initiative (“One Fair Wage”), which would gradually increase Michigan’s minimum wage to $12 an hour… Read More
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Renew Your Assumed Names…

Renew Your Assumed Names Online

As we noted before, the Michigan Department of Licensing and Regulatory Affairs, or “LARA,” has made renewing your corporation’s assumed name both easier and faster by offering renewals online. Eligible corporations whose assumed names will exp… Read More
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The Value of Sharing

The Value of Sharing

One of the most common complaints from the investors and minority shareholders of closely-held businesses is a lack of clear communication from those shareholders who operate the business. The easiest way to prevent strife is to provide access to wha… Read More
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Is It Really Just a Hobby…

Is It Really Just a Hobby?

I have a talented client who, after retiring from a prestigious career and honing his skills as a photographer, has produced an impressive body of visual art. His collection includes images of models who pose for photographs for their professional po… Read More
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Assumed Names the New-Fas…

Assumed Names the New-Fashioned Way

The Michigan Department of Licensing and Regulatory Affairs has been hard at work updating its processes. There is more to come, but its latest announcement is that corporations, limited liability companies and limited partnerships can now renew assu… Read More
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European Privacy is an Am…

European Privacy is an American Concern

Two weeks ago, I attended the annual meeting of the Michigan Bar’s Business Law Section. Section member and Dykema attorney Stephen Tupper offered an overview of the EU’s General Data Protection Regulation (GDPR), which takes effect May 28, 2018.… Read More
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