Archive: March 2016

  • How to Buy and Sell a Business

    March 16, 2016

    Hosted By: Michigan Small Business Development Center The Michigan Small Business Development Center has assembled an experienced team of experts to discuss the many aspects of purchasing or selling a business. Buyers and sellers will separate into individual sessions targeting both tracks [sellers and buyers], followed by a session with buyers and sellers participating with a panel of […]

  • Unauthorized Stock Sale

    March 12, 2016

    Without our client’s authorization, Unclaimed Property Recovery & Reporting, LLC and UPRR Securities, LLC (“UPRR”) exchanged 247,000 shares of our client’s stock in a company called JDS Uniphase, Corp., for 30,850 new shares. They also, again without the client’s authorization, sold 5,326 of those new shares for $64,391.34, pocketing $55,991.81 of the proceeds and purchasing […]

  • Sales Commission Dispute Victory

    Sales Commission Dispute Victory

    March 6, 2016

    Our client, a West Michigan business, hired the plaintiff as its sales manager and orally agreed to pay him commissions on sales to customers he “went out and got” for the company. After his hiring, numerous customers called into the company to do business with them, and plaintiff, as the sales manager, assisted those customers. […]

  • Reversing the Burden of Proof

    Reversing the Burden of Proof

    March 3, 2016

    We represented the plaintiff, who was hired to grow the defendant company.  In exchange, he was paid a salary plus 20% of the company’s profits.  The problem was that the owner of the company depressed the company profits by improperly expensing items for various other companies and also for personal expenses, which cheated plaintiff out […]

  • Should I Sign a Trust?

    March 1, 2016

    People regularly ask me whether they should have a Trust, or “just” a Will.  The answer is:  “It depends.”  First, let’s start with some definitions. What Is a Will? Most people have a general understanding of a Will.  In short, it lays out instructions for the distribution of property upon the owner’s death, names a […]