Michigan Court of Appeals clarifies mortgagor’s right of property redemption, regardless of the manner of foreclosure used.
Comments
Implied duties pertaining to contractual performance should not be misconstrued to allow for challenges to a contact’s fairness.
Proper documentation of personal property sales the best defense to a claim of conversion
Appellate court ruling allows receivers to sell property even if proceeds fail to compensate junior lien holders.
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.
Integration clauses cannot typically be used to defend against fraud in the inducement claims to invalidate a contract.
The use of clear and simple terms to describe a tenant’s repair and maintenance obligations in a commercial real estate lease can do wonders to avoid misunderstandings and disputes.
Unanticipated expenses or losses might be avoided by a pre-execution review of a commercial lease by a business litigation attorney.
Subscribe
RSS Plunkett Cooney LinkedIn Page Plunkett Cooney Twitter Page Plunkett Cooney Facebook Page
Topics
- Commercial Liability
- Business Risk Management
- Bankruptcy
- Business Torts
- Mortgage Foreclosure
- Real Estate Mortgages
- Alternative Dispute Resolution (ADR)
- Banking Law
- Contracts
- Commercial Real Estate
- Commercial Loans
- Insurance
- Tax Law
- Commercial Leasing
- Fraud Activity
- Cyber Attack
- Risk Management
- Cybersecurity
- Real Estate
- e-Commerce
- Internet Law
- Statute of Limitations
- Venue
- Residential Liability
- Zoning and Planning
- Consumer Protection
- e-Discovery
- Non-compete Agreements
- Clawback
- Department of Education (DOE)
- Receiverships
- Fair Debt Collection Practices Act
- Fair Credit Reporting Act
- Garnishments
- Unfair Competition
- Uniform Commercial Code (UCC)
- Shareholder Liability
Recent Updates
- Avoiding Bankruptcy Traps When Pursuing Joint Borrowers in State Court Collection Actions
- Arbitration: who Makes the call… About What?
- Understanding Your Insurance Coverage
- Michigan Supreme Court to Review State Tax Law Provision Regarding Location of Services Rendered
- Redemption is Redemption is Redemption
- Rules of the Road for Contract Interpretation
- Minority Owner Oppression Claims, an Introduction
- Freedom to Contract Jeopardized When Fact Finder’s ‘Sense of Fairness’ Becomes Determinative
- Failure to Understand Terms of Personal Guarantee Agreements Will Likely Cost You
- Collateral Estoppel may Apply to Vacated Judgments Post-settlement