Blog

• 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 […]

• West Michigan District Dental Society Continuing Education Program

  April 20, 2017

  Join us for a half-day continuing education program in conjunction with West Michigan District Dental Society. A total of four CE credits will be awarded with four, one-hour sessions, including: Risk Management Fraud Protection Techniques for Your Dental Practice Does Your Employee Handbook Pass the Test? Identifying Human Trafficking

• Investigation Leads to Evidence of Trustee’s Misdeeds

  April 18, 2017

  All names have been given fictional replacements to protect the identity of our client. The legal facts and resolution of the probate litigation case have not been altered. Jack was the only mutual child of Robert and Alice Dempsey, who both had children from prior marriages. Robert was a wealthy and well-known local business owner. […]

• Second Marriage Leads to Family Discord

  April 17, 2017

  All names have been given fictional replacements to protect the identity of our client. The legal facts and resolution of the probate litigation case have not been altered. John and Mary had children from previous marriages, but none together. Prior to their marriage, John and Mary signed a Prenuptial Agreement giving up any right to […]

• Selling Your Business to a Strategic Buyer

  April 17, 2017

  The sale of a business to a strategic buyer is very different from a sale to a private equity firm or a financial buyer. The latter two types of buyers are usually looking to acquire a target business for the purpose of building in certain efficiencies or investing in the company for growth and then […]

• A husband’s mistake disinherits wife

  April 17, 2017

  All names have been given fictional replacements to protect the identity of our client. The legal facts and resolution of the probate litigation case have not been altered. Susan approached Rhoades McKee afraid and uncertain about her future. Susan’s husband, Greg, had recently passed and made a few key mistakes in preparing his estate plan. […]

• What are Sandbagging and Anti-Sandbagging Clauses?

  April 10, 2017

  To close our discussion of representations and warranties, I want to provide a brief overview of sandbagging and anti-sandbagging clauses. A sandbagging clause allows a buyer to sue the seller after closing for a breach of a seller representation and warranty that the buyer knew about prior to closing. An anti-sandbagging clause prohibits a buyer from […]

• Fundamental Representations and Warranties

  March 27, 2017

  Continuing with the theme of representations and warranties, this week’s M&A Monday update is about fundamental representations and warranties, survival periods, and caps. In many deals, some representations and warranties are deemed to be more important than others. Those representations and warranties that are most important are termed “fundamental representations and warranties.” The determination of […]

• Vapor Intrusion: Afraid to Inhale?

  March 26, 2017

  That’s understandable, given the recent publicity regarding vapor intrusion (“VI”).  Local evacuations of residences and businesses, the installation of vapor mitigation systems by governmental agencies, a joint VI initiative announced by the Michigan Department of Environmental Quality (MDEQ) and the State Department of Health and Human Services, and the MDEQ budget request to fund a […]

• What are the differences between qualified and unqualified representations and warranties?

  March 20, 2017

  As discussed last week, representations and warranties are truths or assertions made by a party to a purchase agreement. Representations and warranties can either be qualified or unqualified and are often used to shift risk between the seller and the buyer. The following seller representation and warranty is unqualified: “The company’s financial statements are GAAP-compliant.” […]