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Business Law & Transactions

Who Owns Your Small Business’ Intellectual Property? The Answer May (unpleasantly) Surprise You

  • June 22, 2022
  • by Zana Tomich

Almost every small business, no matter how small, has some form of intellectual property to protect. It might be a trademark (e.g., a logo), a copyright (e.g., a user manual), a patent or other form of IP it owns. Or, at least, thinks it owns. […]

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It’s Time for Small Businesses to Prepare for the New Corporate Transparency Act

  • June 8, 2022
  • by Zana Tomich

One of the benefits of owning a small business is that small businesses are exempt from many federal rules, regulations, and other forms of red tape that their larger counterparts are obligated to comply with. However, starting as early as late 2022, small business owners […]

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Michigan Supreme Court Clarifies Direct vs. Derivative Claim Standard in Murphy v. Inman

  • May 17, 2022
  • by Zana Tomich

When a corporate shareholder alleges harm due to acts or omissions by corporate officers and directors, the question of whether the shareholder must bring a “direct” or “derivative” claim often arises. A direct claim asserts that the defendants harmed the shareholder. Derivative claims, on the […]

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The Potential Benefits of Treating Your Companies as a “Controlled Group” Come with Legal Risks

  • April 18, 2022
  • by Zana Tomich

In general, for a company that offers its employees health insurance benefits, the more employees there, the lower the premium costs are per employee. So if a business owner owns more than one business, it might be tempting to try to bundle all the people […]

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Will Upcoming Changes from Credit Reporting Agencies on Medical Debt Actually Make Things Worse?

  • March 29, 2022
  • by John Stoddard

Equifax, Experian, and TransUnion, the three major consumer credit reporting agencies, recently announced that as of July 1, 2022, they will make changes to the way medical collection debt is reported. These changes may provide some initial benefits to consumers. But it’s unclear whether they […]

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5 Scenarios Where it’s Critical to Call Your Business Attorney

  • March 21, 2022
  • by Zana Tomich

We may not always like it, but us business attorneys know that you business owners are often out there wheelin’ and dealin’ with handshakes and a hope for the best, and in many cases that works out okay. We would like you to more frequently […]

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Limit Your Liability by Dissolving Your Inactive Michigan LLC

  • February 14, 2022
  • by Zana Tomich

There’s a reason the term “serial entrepreneur” is so common: certain people love starting multiple business ventures—sometimes juggling multiple businesses at once. Owning more than one business can have benefits, such as diversifying an entrepreneur’s income streams and better utilizing certain fixed overhead costs, such […]

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Practical Ideas for Business Succession Planning in Michigan

  • January 24, 2022
  • by Zana Tomich

A business succession plan, like an estate plan for an individual, is something that requires clear-eyed, strategic thinking. It’s not something to put off until it becomes an urgent necessity. In fact, thinking through an exit strategy earlier than a business owner may think it’s […]

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How Your Attorney can Help You Employ and Retain the Best Team for Your Business

  • December 2, 2021
  • by Zana Tomich

It’s no secret that one of the biggest business challenges that employers have faced through the COVID-19 pandemic is finding, employing and retaining workers. It’s been breathlessly reported that the “Great Resignation” has resulted in workers—across industries and job types—dropping out of the workforce. In […]

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Non-Compete Agreements are Still Enforceable in Michigan, But Businesses Should Prepare for a Day When They Aren’t

  • November 11, 2021
  • by Zana Tomich

In an article titled “The Great Acceleration,” McKinsey asserts that, “The COVID-19 crisis has intensified existing trends.” From remote work to digitization, we’ve seen a number of workplace trends gain steam since March 2020. Another is the movement, among courts and lawmakers, to limit the […]

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The business and employment attorneys of Dalton & Tomich take your business just as seriously as you do. Attorneys Zana Tomich and Noel Sterett are trusted by closely held family businesses and others across Michigan and Northern Illinois as invaluable partners and counselors. We guarantee all your calls and emails will be returned within one business day so you can focus on what you do best: running your business.