Legal Resources & News

Breaking Legal News, Guides & Counsel

Solutions to Nonpayment Defaults for Commercial Landlords and Tenants in the Wake of COVID-19

Whether you are a commercial landlord or tenant, COVID-19 has likely impacted your business. And in many cases here in Michigan it has specifically impacted the ability of tenants to pay rent while unable to operate their businesses. As such, many commercial landlords and tenants are left...

Good News for Real Estate Closings During the COVID-19 Pandemic: Executive Order Temporarily Permits Electronic Notarization

On April 8, 2020, Governor Gretchen Whitmer signed Executive Order 2020-41 (the “Order”), which temporarily relaxes strict compliance with various state electronic transaction acts. According to the Governor, “[I]t is reasonable and necessary to provide limited and temporary relief from certain...

Managing Cash-Flow during the COVID-19 Crisis for Compliance with the Michigan Builders’ Trust Fund Act

Managing Cash-Flow during the COVID-19 Crisis for Compliance with the Michigan Builders’ Trust Fund Act

The Great Recession is still fresh in many people’s minds. Those involved in the construction industry certainly recall how those economic problems resulted in tightening cash-flow and the demise of contractors such as Lamar Construction. The present crisis is causing similar concerns. When those...