Businesses in Michigan can be competitive and are trying to perform at a level that sets them apart from their competition. This could be by having the best products, using the best materials, having the best talent working for them and in other ways as well. In order...
Month: January 2021
Automobile dealerships need a winning legal strategy
The automobile industry remains a critical part of the economy in Southeast Michigan. Detroit is the home for several major automobile manufacturers, but it also has many smaller auto dealerships. The income from the business of selling new and used cars to the...
Careful business planning can prevent litigation
Legal troubles can cause even a well-established business in the Detroit area to struggle or even financially collapse. While businesses may face litigation or regulatory actions from a government from time to time, a careful plan can prevent many lawsuits while...
Misrepresentations and omission in 10b-5 claims
Securities fraud is more widespread than many people realize, wreaking havoc on unsuspecting investors who wanted nothing more than a little financial stability. This is unacceptable. While the criminal justice system may take action against those financial...
Is generational wealth a reality or a dream?
Residents of Detroit and other parts of Michigan might learn about creating wealth that lasts through generations. The Chinese have a saying, which translates as, "rags to rags in three generations." This means that by the third generation, the wealth is gone and...
Golf course owner and financial advisor charged with fraud
Investors place their trust in the hands of financial advisors and there can be catastrophic financial consequences when this reliance is abused. Criminal prosecution and civil securities litigation are intended to deter this fraud and deception. Federal prosecutors...
Timely business succession planning can save time and money
Detroit residents put a lot of money and time into developing their businesses, often making as much of an investment into their company as they do into their children. Just like with one’s children, one wants their business to remain profitable and successful even...
Judge allows NY lawsuit to dissolve NRA to move forward
In America’s current corporate landscape, lawsuits can generate complex legal questions about where and when a case should be tried. One of the most complex of such lawsuits is the suit by the state of New York seeking to dissolve the National Rifle Association for...
Litigation and other options in a business law dispute
It is probably the dream of every business leader to have all relationships with other companies, vendors, suppliers and more go as smoothly as possible, with no hiccups to bog down day-to-day practices. However, our readers know that this isn’t always the case. The...
Six types of business plans
Entrepreneurs of the Detroit metro area as well as other parts of Michigan may want to know more about the different business plans available to them. Business plans set the stage for growth and success and are often important in attracting investment capital. The...
