Corporate & Business/Jul 18, 2016

Non-Competes Between Commercial Ventures to be Assessed Under Rule of Reason

In Innovation Ventures v Liquid Manufacturing, LLC, Michigan Supreme Court Docket No. 150591 (decided July 14, 2016), the Michigan Supreme Court considered whether the validity of a covenant not to compete should be determined by looking at the factors provided in MCL 445.774a or by using the “rule of reason” analysis. MCL 445.774a sets forth ... Read More
Corporate & Business/May 23, 2016

President Obama Signs Federal Act To Protect Trade Secrets

On May 11, 2016, the Defend Trade Secrets Act of 2016 (“DTSA”) was signed into law by President Obama. DTSA, which amends 18 USC 1836, creates a new federal civil cause of action that will allow businesses to obtain damages and injunctive relief and to recover attorney’s fees for misappropriation of trade secrets. Prior to ... Read More
Corporate & Business/Oct 26, 2015

Contracting By The Internet In Michigan

In 2000, Michigan adopted the Uniform Electronic Transactions Act (“UETA”). In Michigan, the mutual assent of both parties to a contract is required in order to have a valid and enforceable contract. Assent of a party can be demonstrated by an “electronic” signature if the parties have agreed to conduct a transaction by electronic means, ... Read More
Corporate & Business/Mar 27, 2015

Could Non-Competes Become Non-Existent?

Michigan law currently permits employers to restrict the movement of their employees to competing businesses through the use of non-compete agreements. A bill recently introduced in the Michigan House of Representatives, however, seeks to change that. House Bill No. 4198, introduced by Rep. Peter Lucido would operate to ban the enforceability of non-compete agreements, except ... Read More
Corporate & Business/May 21, 2014

Recent Changes to Tax Clearance Procedure Will Help Business Purchasers

Changes in Michigan’s tax clearance procedure will reduce the risk of uncertain tax liability for purchasers of businesses. The act, which favorably amends MCL 205.27a, became effective February 6, 2014. Previous to the amendment, a seller and a purchaser of a business had to negotiate and agree upon an estimated amount to hold in escrow ... Read More
Corporate & Business/Aug 24, 2012

Muskegon Area Manufacturing Article

Here’s a link to a nice article discussing Muskegon area manufacturers: http://www.mlive.com/business/west-michigan/index.ssf/2011/12/muskegon-area_industries_lead.html... Read More