FTC Ban on Non-Compete Agreements
Ban on Non-Compete Agreements. On April 23, 2024, the Federal Trade Commission (FTC) issued a final rule banning ...
Force Majeure Contract Clauses and COVID-19
A “force majeure” is a contract clause that excuses the performance required of a party by the contract ...
Federal Stimulus Package Bankruptcy Code Amendments: What You Need to Know
The Consolidated Appropriations Act, or “CAA,” was signed into law on December 27, 2020, after a heated battle ...
The End of Triangular Setoffs
The 3rd Circuit Court of Appeals has ruled in the appeal of the McKesson Corporation to a Delaware ...
New US Trustee Program Non-Small Business Reporting Requirements
On June 21, 2021, the US Trustee’s Program (USTP) will implement new rules regarding the periodic reporting required ...
Tips on Document Management for Business
A Document Management Plan can help businesses manage both paper piles and electronic storage of documents. While technology ...
Michigan’s Uniform Voidable Transfer Act
In Spring of 2018, Laura J. Eisele contributed to the Michigan Business Law Journal, Volume 38. Laura wrote ...
Understanding Confidentiality and Attorney-Client Privilege
Business owners who engage an attorney should understand confidentiality and privilege in the attorney-client relationship and take steps ...
Alternatives to Bankruptcy for Small Business
An owner of a business in financial distress may seek options to bankruptcy to liquidate or reorganize the ...
Supreme Court adopts broad view of “actual fraud”
In a recent decision, the United States Supreme Court ruled that “fraudulent conveyance schemes” fall within the definition ...
5 Landlord Protections When Negotiating Commercial Leases
To be enforceable, a commercial lease need only address the parties, the property, the rent to be paid ...
Letters of Intent – Are they Binding?
Parties to commercial transactions often enter into letters of intent prior to negotiating and documenting a definitive agreement ...