Business & Corporate Law

Whether it is a vendor agreement, employee contract or operational bylaws, owners must write organizational contracts in a clear, concise manner. Unfortunately, business owners often lose sight of numerous factors that can hinder the enforcement of the contract and...

Mergers and acquisitions are some of the most common kinds of business transaction in Michigan, and the sheer size of these deals means that they require great scrutiny. Due diligence is a critical part of information verification to ensure that all parties are...

Contracts are the foundation of business in America. Every valid contract requires that all parties receive consideration. When it comes to non-compete agreements, that can be a little confusing. How do employees benefit? Arguably, for one thing, employers are more...

Written contracts are one way that you can ensure both you and the other party involved have the opportunity to understand what your agreement includes. It can also protect you if the other party decides to act against what you had both decided. Unfortunately, many...

It's easy to imagine executives at corporate giants grooming successors and worrying about the legacy they're leaving behind. However, succession planning is actually important for businesses of every size in the Detroit, Michigan, area. Without a plan for how to pass...

If you fail to live up to the terms of a valid agreement, a Michigan judge may find you to be in breach of contract. The types of penalties that may be levied against you depend on whether the breach was considered to be material in nature. There are several defenses...

Even if you plan on running your Michigan company for years to come, it is important to have a succession plan in place. Having such a plan can make it easier for the business to survive if you should be forced to step down suddenly because of an injury, illness or...

If you want to open a business, you'll have to undergo a series of steps before the government issues you a business license. Owning a business license means that your business is legally allowed to operate in the state of Michigan. You might want to hire an attorney...

One of the most common mistakes made by Michigan companies is not ensuring that their contracts are enforceable. The fact is that not all contracts are in fact binding. Thus it is important to understand when you must enforce a contract. What exactly is an enforceable...

Couples who share a family business will often work together to grow the company. This is often a viable system until the marriage dissolves and they have to determine what to do with the business. As part of the property division process, they will decide what...