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Exactly Who is Covered by an Arbitration Clause… and for What?

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Michigan Supreme Court reaffirms longstanding rules of contract law in arbitration agreements.   Continue Reading ›

Tags: Alternative Dispute Resolution (ADR), Commercial Liability, Contracts

Piercing the Corporate Veil: A New Collection Tool to Enforce Judgments Against Corporate Entities?

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Collection attorneys can now pierce the corporate veil, post judgment, when the corporate form is abused by individuals seeking to avoid legally paying obligations resulting from litigation. Continue Reading ›

Tags: Commercial Liability

Collecting Debt After Bankruptcy? An Ounce of Clarity in the FDCPA-Bankruptcy Quagmire

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Creditors must closely scrutinize Chapter 13 cases to understand what debts are being discharged and to update business records to ensure discharged debts are not pursued post-bankruptcy.  Continue Reading ›

Tags: Bankruptcy, Commercial Liability, Commercial Loans, Commercial Real Estate, Fair Debt Collection Practices Act

Why the Conversion of Money Vexes Many Lawyers

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The conversion of money is one of those things lawyers get wrong, particularly in business litigation. Continue Reading ›

Tags: Business Torts, Commercial Liability, Fraud Activity, Risk Management

So You Think You're So Special? Detroit Sues 'Preferred' Creditors

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Companies consider legal options after lawsuits were filed against them by the City of Detroit seeking to recoup pre-bankruptcy payments. Continue Reading ›

Tags: Bankruptcy, Commercial Liability

In the “Season of Giving,” a Wise Man Might Say It’s Time to Brush up on Gift Giving Rules

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Understanding the rules of gift giving can make the holidays brighter... and legal. Continue Reading ›

A Fraudulent Inducement May Cause Your 'Ironclad' Contract to Rust

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Despite careful review, fraudulent inducements can jeopardize otherwise well-crafted contracts. Continue Reading ›

Tags: Business Risk Management, Commercial Liability, Contracts, Fraud Activity, Risk Management

True or False - When Amending a Contract, the Requirement of a Writing Doesn’t Always Require a Writing?

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When modifying a contract, best practice is to always detail changes in writing with appropriate approvals by all parties. Continue Reading ›

Tags: Business Risk Management, Commercial Liability, Contracts, Risk Management
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