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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…
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…
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 w…
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…
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 as…
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, 201…
Consistency is the Best P…

Consistency is the Best Policy

“But that’s not our policy.” How many times have you heard this or repeated this to someone else in the workplace? Clear, consistent policies help shape reasonable expectations among partners, managers and co-workers. But inconsistent policies…
Work Stoppage Means Cash…

Work Stoppage Means Cash Stoppage: Business Interruption Insurance Helps fill the Gap

Business interruption insurance is one of the most valuable coverages available, but it is often overlooked by small business owners. Most businesses purchase property insurance to cover repairs for fires and other disasters. But what happens when a…
Hiring Teens: Things You…

Hiring Teens: Things You Should Know Before the First Day of Work

My oldest two children are teenagers now, and the subject of “getting a job” has been batted around our house of late. As we consider the possibilities, I’ve conducted a bit of quick research regarding what teens can and cannot do for employmen…
Avoid Litigation Through…

Avoid Litigation Through Preparation

Litigation, while sometimes unavoidable, is an expensive and time-consuming process that can produce unpredictable results. In the context of business transactions, the best way to avoid litigation is to anticipate the potential for future problems …