Pear Sperling Eggan & Daniels, P.C. Discusses Business & Commercial Disputes in Michigan

ANN ARBOR, Mich. - Michimich -- Avoiding business disputes involves well planned business strategies and planning. There are specific steps that are recommended, such as having proper corporate documents, defining all parties' roles and responsibilities in all corporate documents, carefully amending corporate documents and agreements according to new laws and regulations, as well as what the parties wish to accomplish through their business agreements, executing employment agreements with owners, complying with the documented corporate formalities, acting in good faith when exercising business judgment, not misusing business assets, avoiding transactions that create conflicts of interest, such as interested parties and not arms' length transactions, obtaining consent for any interested-party transactions, defining majority and minority interest holders and outlining their specific capital investments and percent stake interests and voting rights, and just being transparent and documenting actions and transactions clearly and thoroughly. This is not an all-inclusive list, but it certainly provides a good outline of steps to aid in avoiding major disputes and issues that can lead to litigation.

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Need help from an expert business attorney in Ann Arbor? Pear Sperling Eggan & Daniels, P.C. can discuss your case and help you determine the best solutions to fit your needs.

About Pear Sperling Eggan & Daniels, P.C.: Pear Sperling Eggan & Daniels, P.C. is one of the oldest law firms in Washtenaw County, Michigan. Founded in 1948, Pear Sperling has adapted with the ever-changing needs of clients and flourished into a well-respected and successful law firm, trusted by clients, judges and other attorneys. Top Rated Michigan Superlawyers®, AV® rated, and their attorneys are held to the highest rating possible based on peer review.

Marty Bodnar

Source: Pear Sperling Eggan & Daniels, P.C.
Filed Under: Legal

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