Blog

• Founders Sponsors Rhoades McKee Reeds Lake Triathlon Post Race Celebration

  August 21, 2017

  Founders joins the Rhoades McKee Reeds Lake Triathlon and Duathlon on Saturday, September 9th as the Post-Race Celebration Sponsor.  A new element to the event, athletes and spectators over 21 can celebrate their completion of the race with a Founders’ favorite – All Day IPA.  The post-race celebration has been re-located to Wege Plaza in […]

• Court Clarifies Tax Rules for Charities

  August 9, 2017

  “There has been a trend in Michigan of local tax authorities denying tax exemptions to charities in the past few years.”

• New Regulations for Michigan Medical Marijuana Businesses Put Applicants on FBI’s Radar

  August 1, 2017

  (August 1, 2017) Last month, Michigan’s Governor, Rick Snyder, signed into law new amendments to the Michigan Medical Marijuana Facilities Licensing Act (the “MMFLA”) which once again highlights significant differences between state and federal laws pertaining to the use and regulation of medical marijuana. The new law could also force those who wish to legally […]

• Should You Sell Your Business to Your Employees?

  July 31, 2017

  The sale of a business to its employees can be both rewarding and challenging for a business owner. On one hand, this type of sale is an opportunity to transition the company to people who are an integral part of the operation, which can help ensure a smooth transition. On the other hand, the employees […]

• Live to File Another Day

  July 11, 2017

  Michigan Supreme Court Addresses Significance of Notice of Intent Service Date to the Tolling of the Statute of Limitations in Medical Malpractice Actions On June 27, 2017, the Michigan Supreme Court released its opinion in Haksluoto v Mt. Clemens Regional Med Cntr addressing the significance of the date of service of a notice of intent […]

• Attorney undermines estate plan of wealthy philanthropist

  June 13, 2017

  Richard Donahue, having no children of his own, treated his nephew, David Barnes, very much like a son.  While Richard did not discuss the details of his $30,000,000 estate with his nephew, David was told that he would eventually be appointed as Trustee of his trust. Richard also advised David that he would have Richard’s […]

• M&A Market Shift Ahead?

  June 13, 2017

  “I’ve seen very good, credible, financeable buyers out there that are having a hard time finding good businesses.”

• Selling Your Business to a Family Member

  June 12, 2017

  Business owners can spend decades building the value of their business with the intention of one day transitioning that business to a family member. There are a number of key considerations to evaluate when planning the sale of your business to the next generation. First, you can never start planning too early. There are many […]

• Resetting the Table

  June 8, 2017

  The Removal of Uninvited Guests In October 2016, we informed you of two Obama-era Department of Labor Guidance Memos (2015 and 2016) which opened up many employers to a host of employment issues for individuals hired as independent contractors or under some degree of contractual control.  We suggested, only partially tongue-in-cheek, that employers should consider […]

• Reduce Risk with a Cybersecurity Policy

  June 6, 2017

  (June 6, 2017) As cyberattacks become increasingly common, businesses are confronting risks previously only seen in works of fiction. Cybercriminals steal users’ identities, make fraudulent purchases, and disrupt everything from travel to essential emergency services. With this in mind, New York recently became the first state to impose minimum cybersecurity standards on financial services companies. […]