Understanding the Concept of Force Majeure
The coronavirus pandemic has seen an increase in the use of the fundamental force majeure contract clause, which discharges certain contractual duties following an event’s occurrence. Exactly what...
View ArticleSteps Business Owners can Take to Reduce COVID-19 Liability
Whether it is a bank, sporting goods store, or restaurant, Michigan businesses face increased liability claims during the COVID-19 pandemic from customers who claim to have been exposed during their...
View ArticleCommon Partner Disputes and How to Resolve Them
Going into business with a partner is one of the best ways to operate. Many companies have flourished because the old adage that two heads are better than one often turns out to be true. Unfortunately,...
View ArticleNavigating the WARN Act During Difficult Financial Times
The Commerce Department recently reported on the most substantial three-month decline of the United States economy ever. In the second quarter of 2020, the gross domestic product decreased by 9.5%....
View ArticleMaking the Most of New Pandemic Tax Credits for Businesses
Employers across all industry verticals have been hit hard by the COVID-19 pandemic. As a result, companies should do their most to take advantage of the various pandemic tax credits that have been...
View ArticleMergers and Acquisitions During the COVID-19 Pandemic
The COVID-19 pandemic has had an impact on many businesses and their operations, especially within the realm of mergers and acquisitions. When engaging in a merger or acquisition during the pandemic it...
View ArticleBusiness Debt and Partnerships: What You Need to Know to Protect Yourself
If you are considering starting a business with anyone else, you must protect yourself. Even if you trust your business partner implicitly, no one can ever know what the future may hold. Taking the...
View ArticleESG Disclosure Simplification Act Passed by House
Just recently the United States House of Representative passed the Environmental, Social, and Governance (ESG) Disclosure Simplification Act of 2021, which is an effort put forth by the Biden...
View ArticleSuccessfully Addressing Diversity in a Post-Pandemic Workplace
Employers in Michigan have a duty to their employees to provide a safe work environment. Without adequate training or management, various unlawful and unfair situations can occur. When it comes to...
View ArticleStruggling With Tax Debt in Michigan? Your Guide to the IRS Fresh Start Program
If you owe money to the Internal Revenue Service (IRS), you are not alone. According to a report cited by Investopedia, Americans collectively owe more than $130 billion in back taxes, fees, and...
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