It is the year 2020, and the environmental topic that everyone is talking about is PFAS contamination. But what is PFAS, and more importantly, how does it impact your business? PFAS stands for per- and polyfluoroalkyl substances, which are a group of man-made chemicals that have been manufactured and used in a number of industries … Continue reading What Every Business Owner Must Know About PFAS Contamination
In a previous article on protecting your assets (Part 1), I wrote about the importance of maintaining corporate formalities. Businesses that commingle assets, forgo record keeping, official minutes, and fail to keep their registration with the State of Michigan up to date risk losing their corporate protections. In most cases, the corporate form limits your … Continue reading 3 Common Mistakes that Compromise a Business's Corporate Protection and Expose Your Personal Assets.
Nobody likes to plan for life's unpleasantries, including divorce. While divorce remains an unfortunate fact of life, proper planning with your business attorney can help protect your business from the unexpected. This is particularly critical where a business has multiple owners, members, or partners. In a recent case out of New York, a company's three … Continue reading Does Your Business Have a Pre-Nup? The Importance of Planning for Life's Unexpectancies.
In the past 24 hours, Fortnite was offline. No one could play, stream, compete, or access their account. This was part of an in-game "event" known as the Fortnite Blackout or The End. Can Epic Games do that? What rights do you even have as a player, team owner, or competitor? It all comes down … Continue reading The Fortnite Blackout: A Lesson in Licenses and Why Epic Owns Everything and You Own Nothing.
Metro Detroit is uniquely poised to become the next epicenter of a growing industry: competitive video gaming, or simply eSports. An emerging form of entertainment that is particularly popular among the teenage and college-age crowd, eSports had its first major metro Detroit debut this August, when Little Caesars Arena hosted the League of Legends Championship … Continue reading ESports. So hot right now: Advice from an eSports attorney for players and team owners.
Do you want FREE MONEY to invest in your business? While this may sound like a late-night infomercial pitch, the reality is that both local and State governments want to stimulate investment in the community and will provide financial incentives for you to do so. I have previously written about brownfield incentives and how a … Continue reading Act 198 Tax Abatements: How to Get the Government to Pay for Your Industrial Property Improvements.
Are you a litigious business owner? Do you copy your attorney on correspondence to a non-paying client or a vendor? Have you ever threatened another business owner with "I'm going to sue you"? Is this something you do as part of your day-to-day business routine? Does your county's local business judge know you by name? … Continue reading Into the Fire: Effective Strategies for Litigation Management Before Going to Court