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December 8, 2015
(December 1, 2015) Effective January 1, 2016, the minimum wage in Michigan will increase to $8.50 an hour. This increase was passed in May of 2014 under the Workforce Opportunity Wage Act. The minimum wage is due for an additional increase again in 2017 and 2018, then will be adjusted annually thereafter by the state […]
November 2, 2015
(November 10, 2015) There are numerous reasons to operate a business in the form of a legal entity, such as a corporation or limited-liability company (“LLC”). Perhaps the most common reason is liability protection. By operating a business in the form of a corporation or LLC, the owners avoid personal liability, instead placing only the […]
November 1, 2015
Lamar Construction’s abrupt closure in July 2014 left many people to whom Lamar owed money (including employees, subcontractors and those who provided materials used on Lamar’s jobs) scrambling to try to get paid. Many of those creditors brought claims under Michigan’s Builder Trust Fund Act (“MBTFA”), which imposes a constructive trust on funds held or […]
October 7, 2015
(October 8, 2015) Doing business today often involves working with other businesses in different counties, states, and even countries. Indeed, the internet makes it especially easy to find the best, most cost-effective business partners, no matter where they are physically located. And while both businesses typically enter into the long-distance relationship with the best of […]
October 6, 2015
(October 8, 2015) This summer, the Michigan Supreme Court issued an opinion in Gardner v. Department of Treasury, ruling that homeowners who can demonstrate, when they sell their principal residence, that the state equalized value (SEV) at the time of sale is less than or equal to the SEV at the time of their purchase […]
September 7, 2015
(September 1, 2015) Whether it’s the plaintiff walking into the office to discuss filing a lawsuit, or the defendant sitting down to discuss a recent complaint, a common question often pops up at that first meeting: how can I get the other side to pay for my legal expenses? And it’s a fair question, no doubt, […]
August 7, 2015
(August 3, 2015) Since his appointment to the Kent County Specialized Business Docket (“Business Court”), Judge Christopher Yates has issued multiple opinions regarding the enforcement of non-competition and non-solicitation clauses. Those opinions provide important insight for any entity or individual seeking to enforce or avoid a non-competition or non-solicitation clause in the Business Court. For one, […]
July 6, 2015
(July 7, 2015) Statutory conversion (i.e., civil theft) under MCL § 600.2919a permits a plaintiff to sue a defendant for “converting property to [that] person’s own use.” It is an often-alleged claim by Michigan plaintiffs, and for good reason. A successful statutory conversion claim opens the door to recovering treble damages and legal fees, and with […]
June 30, 2015
(June 30, 2015) The proposed regulations released today by the Department of Labor (DOL) aim to increase the salary basis test to $970 per week, or $50,440 per year for a full-time salaried worker. If finalized as written, the new rules will double the basis for salary exemption, which is currently set at $455 per […]
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 […]