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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 […]
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
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 […]
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 […]
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 […]
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 […]
March 8, 2017
Governor Snyder recently signed Michigan’s Qualified Dispositions in Trusts Act, which takes effect on March 8, 2017. In so doing, Michigan joins 16 other states that permit a particular form of trust commonly known as “domestic asset protection trust” (or DAPT). A DAPT is an irrevocable trust whose assets the grantor’s creditors cannot reach if […]
March 7, 2017
Q: Do I need to pay a salaried-exempt employee for time off if they already exhausted all of their PTO? A: It is important for employers to be cautious when considering whether or not to take deductions from a salaried-exempt employee’s pay. One wrong move could result in a misclassification claim for not only the employee subject […]
March 6, 2017
“Trends from the past few years involving family matters are making their mark on a local law firm.”
February 22, 2017
The “traditional” sources of funds for the development of real estate include senior debt and equity. However, certain development projects would never launch without the use of additional funding mechanisms in the form of state or federal financial incentives. These projects include sites with historic contamination, deteriorated infrastructure, and/or inadequate or obsolete structures, referred to […]