Business litigation often ends not with a trial, but with a settlement agreement intended to finally resolve the parties’ disputes. Yet in closely held businesses, ownership disputes, asset transfers, refinancing transactions, and other complex commercial matters,...
Shareholder disputes in closely held Michigan businesses often begin with familiar accusations. A minority owner believes money is being diverted, distributions have stopped without explanation, controlling shareholders are paying themselves excessive compensation,...
In a publicly traded corporation, an unhappy shareholder generally has a practical escape route: sell the shares and invest elsewhere. A shareholder in a closely held Michigan corporation usually does not. There may be no public market for the stock, no readily...
A 50/50 limited liability company can be an attractive business structure when two owners want equal economic participation and equal authority over the company. The arrangement can work well while the members agree on the direction of the business. But when the...
A minority owner of a Michigan limited liability company may discover that owning part of a business does not necessarily mean having a meaningful voice in how the business is operated. The majority owners or controlling managers may remove the minority member from...
The first place to look after a defective-part incident is usually not an artificial-intelligence statute. It is the purchase order and related contracts governing the automotive supply relationship. Please note this blog post should be used for learning and...
Artificial intelligence is rapidly changing the relationship between employers and employees. Businesses can now deploy software capable of measuring employee productivity, recording computer activity, tracking location, reviewing communications, evaluating job...
Artificial intelligence is rapidly changing not only how Michigan businesses perform work, but also what they regard as valuable proprietary information. A company may spend months refining prompts that consistently produce useful results from a generative AI system....
Artificial intelligence is rapidly moving from a tool that recommends actions to a system that takes them. Businesses are beginning to deploy AI agents capable of communicating with vendors, requesting quotes, negotiating prices, placing orders, scheduling services,...
Artificial intelligence projects rarely fail in one dramatic moment. More often, a Michigan business discovers the problem in stages. The promised system does not connect reliably with legacy software. Results that looked impressive in a demonstration become...
