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A Primer on Asset Purchase Agreements
June 8, 2015
Most business transactions are structured as either a “stock sale” or an “asset sale.” When a business sells its assets, the primary agreement governing the transaction is an Asset Purchase Agreement (the “APA”). While the details contained in an APA will depend on the specifics of each business transaction, there are several key questions that […]
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A Primer on Stock Purchase Agreements
June 8, 2015
Most business transactions are structured as either a “stock sale” or an “asset sale.” When a business owner sells stock, the primary agreement governing the transaction is a Stock Purchase Agreement (the “SPA”). While the specifics of each business transaction will drive the details contained in the SPA, there are several key questions that will […]
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Nursing Mothers in the Workplace – A Helpful Reminder to Employers
June 8, 2015
(June 4, 2015) Earlier this week, a federal court in New York considered whether an employee had a claim against her employer for allegedly violating protections given to nursing mothers through the Affordable Care Act, which amended the Fair Labor Standards Act (“FLSA”). While the court dismissed the employer’s argument that no private right of […]
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Court Sends Warning Signal to Michigan Business Owners Regarding Shareholder Oppression Litigation
June 2, 2015
(June 25, 2015) A recent decision by the Michigan Supreme Court raises two important points for Michigan businesses and business owners: issues of shareholder oppression and any potential remedies for oppression are decided by the judge, not a jury, and a violation of a shareholder agreement or other governing corporate documents can create a claim for […]
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Wealthy Lake Michigan homeowner wins back property tax exemptions
May 15, 2015
“The ruling will cut Nass’ $17,000 winter property tax bill by about $9,000 a year for the home she owns on 100 feet of Lake Michigan beach.”
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New FMLA Forms Available for Employers
May 8, 2015
(May 28, 2015) Earlier this year, many of the forms that employers use in the daily administration of FMLA leave became defunct because the effective date on the forms expired without the U.S. Department of Labor issuing a replacement form. Well, we’re pleased to report that it’s now time to discard those old forms. The […]
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SHHH….DON’T TALK ABOUT IT
April 8, 2015
(April 8, 2015) Rhoades McKee Protects Employer from Unfair Labor Charge – Most employers strive to keep Human Resources matters such as the discipline or discharge of an employee confidential and often instruct other employees with knowledge of the matter to not talk about it with others. Some even formalize the instruction in their handbook […]
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Grand Rapids Business Journal, “Law firm sees attorney collaboration and growth ahead”
March 30, 2015
“The new “fresh and modern” space was designed with an eye toward the future and with a goal of counteracting the unintended consequence of a more technology-driven work style”
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Listing Broker’s Liability for Failure to Disclose Property Defect
March 4, 2015
(March 4, 2015) Historically, Michigan courts have been reluctant to impose upon listing brokers a duty of disclosure to purchasers of real estate. However, two recent decisions by the Michigan Court of Appeals illustrate important exceptions to the general rule that listing brokers do not have a duty of disclosure to buyers. Each case involved […]
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A cautionary Tale for Residential Real Estate Professionals: Appraisal Contingency May Not Mean What you Intend
February 16, 2015
(February 16, 2015) Since the economic downturn and real estate mortgage crisis of 2008-09, it has become common for buyers and their agents to include a provision in a purchase offer for residential property which makes the agreement contingent upon the property appraising for an amount equal or greater to the purchase price. We have […]
