Archive: May 2017

  • Rhoades McKee’s Commercial Litigation Work Ranked by Chambers and Partners

    May 31, 2017

    (May 31, 2017) Rhoades McKee’s Commercial Litigation Team is once again ranked for their representative work in the past year, included among ten other Michigan firms and as one of the top groups headquartered in Grand Rapids.  Ranking the best lawyers since 1990, Chambers and Partners employs 150 full-time editors and researchers to evaluate law […]

  • Rhoades McKee Welcomes Summer Associates

    May 24, 2017

    (May 24, 2017) Rhoades McKee is pleased to announce that Jacob Walson and Dante Wen have joined the firm as summer associates.  While at Rhoades McKee, they will have the opportunity to work on multiple projects in over 25 practice areas as well as observe hearings, client mediations and trials. Walson currently attends University of […]

  • Court Sets Timer on Oppression Claims

    May 22, 2017

    (May 23, 2017) The managing member of a limited liability company makes a decision that unfairly impacts the minority members’ interest in the business, but does not have an immediate economic impact. Rather, the economic impact does not occur until several years later, when the LLC is sold and the proceeds of the sale are […]

  • Should I Sell My Business to Private Equity?

    May 15, 2017

    Business buyers come in all shapes and sizes.  A private equity (PE) group may be a better fit than an individual, family office, management team or family members, depending on the seller’s key goals. Generally, PEs are well capitalized and often can pay a higher multiple than a non-PE financial buyer.  For sellers who seek […]

  • Small Business M&A Requires Patience and Financial Savvy

    May 14, 2017

    “Oftentimes, getting finance deals for small business deals can be more challenging than for larger businesses”

  • Recent Ruling Clarifies Possession for Medical Marijuana Caregivers

    May 8, 2017

    (May 9, 2017) The air just got a little clearer for medical marijuana caregivers when it comes to determining how much of the drug they can keep on hand for patients. The Michigan Court of Appeals, in People v. Manuel, ruled that it’s the “dried” weight, not the “drying” weight, that counts when determining whether […]

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