Liquidated damages provisions establish an agreed-upon figure or formula for calculating damages, regardless of and instead of the party's actual losses.
In Part 2 of Craig Zucker’s conversation with Todd Sachse, Todd shares insights on leadership, company culture, reputation, and building a business designed to last for generations.
In Part 1 of a two-part episode of Forward Focus, Todd Sachse discusses entrepreneurship, risk-taking, and building Sachse Construction into a leading Detroit company.
Under Michigan law, a lender wanting to receive compound interest upon default must specifically provide as such in the note's terms; otherwise, it will be calculated as simple interest.
Artificial intelligence is already inside most companies, whether legal likes it or not.
Avoiding disputes over commercial lease renewals requires understanding the missteps, lapses, or failures that frequently lead to them.