Notwithstanding the ubiquity of “blanket” purchase orders throughout many supply chains, the Michigan Supreme Court has declared they are unenforceable if they do not set forth specific quantities.
A recent U.S. Supreme Court decision may result in corporations facing lawsuits in every state they do business, even in cases unrelated to that state.
In a case with implications for anyone who uses emojis, a Canadian court recently ruled that a thumbs-up emoji in a text message can form the basis of a legally binding contract.
While minority shareholders in closely held Michigan corporations may not have control, they do have rights when the majority engages in shareholder oppression.
Given the threat to a business posed by a stalemate between owners, clear deadlock provisions should be included in their governing documents.
Maddin, Hauser, Roth & Heller, P.C., is pleased to announce that Rita M. Lauer has ...