Buying a business can be a major step toward growth, independence, or long-term investment. But even a promising deal can become a costly problem if the seller gives you false information before closing. In Michigan business sales, buyers often rely on financial...
Shareholder disputes often arise when personal relationships break down, business interests diverge, or profits are handled unfairly. When that happens, majority owners might take advantage of their control to freeze out or exploit minority shareholders, leading to...
When you enter into a partnership or form a corporation or an LLC, you expect everyone involved to act in the best interests of the company. That expectation forms a fiduciary duty, a legal obligation that requires honesty, transparency, and loyalty among the owners,...
Buying a business is a major investment, and you expect the seller to be upfront about what you’re getting. In Michigan, however, sellers are not generally required to provide a formal disclosure when selling a business, unlike in residential real estate. Still,...
There has been an amendment to the Michigan Earned Sick Time Act (ESTA) in 2025 that directly impacts employers across the state. The law, designed to ensure employees can take necessary sick leave without fear of losing their jobs, has been updated to expand...
If you own a limited liability company (LLC) or small business in Michigan, you’ve probably heard about the Corporate Transparency Act (CTA) and its new reporting rules. The law requires companies to report beneficial ownership information (BOI) to the federal...
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Muskegon Business Law Attorneys of David T. Bowen, P.C. and Jonathan R. Hoogstra pursue cases of Business Law, Real Estate, and Estate Planning in Muskegon Michigan
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