Tag Archives: Michigan

Michigan Business Court Jurisdiction To Change Under Proposed Bill

Senate Bill 333 may soon alter the type of cases heard by Michigan’s business courts. This proposed bill aims to continue streamlining business and commercial disputes by removing the current monetary requirement that cases before the business court involve at least $25,000 in controversy.  The bill instead focuses on the nature of the complaint. Bill […]

Right To Recover Surplus Proceeds Is Not Relinquished At Foreclosure Sale

A recent court decision in In Re $55,336.17 Surplus Funds; MiLW No. 07-94649 cemented the interpretation of MCL 600.3252 insofar as junior mortgagees maintain a legal right to claim any surplus which remains after the foreclosure of a property to satisfy a senior mortgage. Here, PNC held both the senior and junior mortgages as a […]

Approval Given By Board Of Accountancy For Bookkeeping in Medical Marijuana Operations

CPA’s who wish to service clients in the medical marijuana industry no longer have to feel uncertain, as the Department and Board of Accountancy released a statement on  May 19, 2017 that a licensee may offer professional services to clients involved in the industry. Interested CPA’s are advised to maintain compliance with current professional standards […]

Informational Meeting For Tech Start-up Hopefuls

  Readers who are interested in starting and owning their own technology based business should follow very closely, or else they may miss the opportunity to make their dream a reality. The Macomb-OU incubator invites all interested persons to participate in an informational session on May 23rd which aims to help tech start-up companies navigate […]

Business Tips – Naming Your Company

Demorest Law’s commitment to the business community has encouraged us to offer a three-part series on naming and branding your new or existing business. This article will be the first installment of that series and will focus on the importance of choosing an appropriate name. The other two installments will cover Trademarks and Restricted Names. […]

Fail To Object, Write A Check

An “account stated” is a statement between a creditor and a debtor that settles the total amount of debt owed to the creditor. Establishment of an “account stated” by a creditor is helpful to defeat objections that are fabricated by the debtor after a lawsuit is commenced to collect the debt.  The Court of Appeals […]

Workplace-Violence Prevention

  In the wake of recent tragedies involving workplace-violence victims, the Michigan Department of Licensing and Regulatory Affairs will be offering free violence prevention seminars on May 10th  from 9:30a.m. – 12:30 p.m., and May 11th from 9:00 a.m. – 12:00 p.m.. The May 10th event will be hosted by Calvin College, at the Covenant […]

New House Bill Aims To Regulate Ride-Sharing

House Bill No. 4637 is aimed at Transportation Network Companies (“TNC’s”) which hold themselves out to the public as transportation for hire. Uber and Lyft are just two of the major players which will be affected by this bill, as any services which offer prearranged rides to the general public through internet services will be […]

Poorly Defined Contract Terms Could Spell Disaster For Your Company

The Court of Appeals decision in Jodi Perry v. Progressive (February 28, 2017, Unpublished Case No. 330966), should remind companies to remain vigilant in updating their contracts to clearly define the terms of their agreements. In Perry, the Plaintiff had been involved in a vehicle accident and filed a lawsuit against the Defendant insurance company […]

Court of Appeals Holds That Employers May Shorten The Time Period for Employees to Bring Lawsuits

The Court of Appeals recently upheld a provision in an employment contract that limited an employee’s ability to bring a claim against the employer after one-year. Sams v. Common Ground (Unpublished, Case Number 329600, decided January 17, 2017). In Sams, the terms of an employment contract prohibited claims against the employer after 1 year of […]