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Legal Articles

5 Reasons Startups Should Hire Business Attorneys

​​According to the Institute for Mergers, Acquisitions, and Alliances, there have been over 325,000 mergers and acquisition transactions in the US, totaling over $34,900 billion in value. 2020 recorded approximately 15420 transactions, worth over $1,172.23 billion. Business law offices facilitate such transactions, protecting the interest of all parties involved. As a small business owner, the …

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Term Sheet

Term Sheets for Capital Investment When venture capital investors have an interest in purchasing a portion of shares of a company, they want to ensure that their investment is protected and the terms are clearly laid out. In order to accomplish this, a term sheet is used to outline the deal between the company and …

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Securities Law

Securities Law in Business Today As an important part of business law, securities law covers the rules and regulations surrounding the sale and purchase of businesses or their assets. These transactions usually involve the transfer of stock shares and bonds, as well as loan and mortgage packages offered for sale by a financial institution. These …

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Non-Compete Agreements

In today’s business environment, it is important for companies to protect themselves from potential volatility and the sharing of any trade secrets or information from employees who part ways with the company. Non-compete agreements were created for this purpose and serve to protect companies from these risks, especially when employees leave the company to work …

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Michigan Corporate Law

Corporate Law in Michigan In Michigan, corporate law governs the formation and operation of corporations formed under the Michigan Business Corporation Act, or businesses that existed prior to January 1st of 1973 under any previous statute. This law covers the rights and obligations of all parties involved in the formation, ownership, operation and management of …

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Business Law in Michigan

Whether you’re an entrepreneur starting a business, or a business owner who’s expanding, selling, or otherwise operating an existing one, it’s important to have a general understanding of the laws and regulations governing business within your state. These bodies of laws and regulations are loosely referred to as business law. These laws are important because …

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Due Diligence Checklist

Due Diligence in Mergers and Acquisitions Mergers and acquisitions (M&A) are two different types of business transactions that involve the combining of two companies into one single company. These often have dramatic effects on companies, as well as all stakeholders such as the owners, management, employees and the customers the companies serve. Because of this, …

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Non-Disclosure Agreement

Non-Disclosure Agreements (NDAs) – also known as Confidentiality Agreements – are agreements between two or more parties preventing the disclosure of shared information to third parties. These can be setup as unilateral or bilateral depending on the situation and parties involved. NDAs are a legally binding contract and the breach of an NDA can result …

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