Esports was already a rapidly growing industry before coronavirus shuttered most traditional sports, shifting demand toward online gaming competition. NASCAR is even "replacing" cancelled races with an eNASCAR Pro Invitational Series -- televised simulation racing featuring real pro drivers like Dale Earnhardt Jr., Bobby Labonte, Kyle Busch and Denny Hamlin. Nevada and New Jersey sportbooks are … Continue reading So you want to start an esports business during the quarantine. Here's what you need to know – from a business lawyer.
There is no doubt you are distracted by this coronavirus outbreak. Constant news alerts, supply shortages, government-mandated closures and cancellations make it all but impossible to also run your business. However, remember that your lawyers are available to assist you. For example, if you have questions about obligations to your employees, insurance coverage questions, contract … Continue reading 5 Legal Tips for Business Owners Weathering the Coronavirus Disruption
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.
Special thanks to Dylan Clark for researching and co-authoring this article! Dylan is a rising senior at Michigan State University and will be graduating in 2020. He is studying for the LSATs and plans to attend law school next fall. His interests include corporate and business law. With the overwhelming degree to which the Internet … Continue reading But Your Honor, He Said a Bad Thing About Me on Facebook: Business Defamation Claims in the Age of Social Media
Special thank you to Cody Borke for co-authoring this article! Cody is a 2019 graduate of Western Michigan University who is spending his gap year working at Fausone Bohn. Cody plans to go to law school in 2020 and specialize in corporate and business law. According to a recent Capital Access Report authored by the … Continue reading The More You Know: 5 Uncommon Sources of Capital for Metro Detroit Entrepreneurs
It is a classic horror movie plot line. The good guy finally killed off that scary monster/evil janitor/gremlin. Hooray! Triumphant, the hero turns his back to celebrate with fellow survivors when SUDDENLY the monster/evil janitor/gremlin rises from the dead to take down that one final victim! In the business world, if you do not take … Continue reading Terror From Beyond the Grave: 5 Critical Mistakes To Avoid When Terminating Your Company