USA - March 24 2020
On March 23, 2020, Michigan joined the growing ranks of states issuing shelter in place orders, designed to slow the spread of COVID-19. Michigan…
LeRoy L. Asher Jr., Scott R. Lesser
USA - September 29 2020
In a prior practice pointer, we discussed the importance of reservation of rights letters. However, there are times when a lender will want to start…
Cara M. Houck
USA - October 20 2020
The Uniform Commercial Real Estate Receivership Act (“UCRERA”), adopted by Michigan in 2018, originally applied only to receiverships over commercial…
Megan R. I. Baxter-Labut
USA - September 15 2020
The short answer is that an agreement is enforceable against a bank when the agreement is in writing and signed by the bank…
Q. Scott Kaye, Scott R. Lesser
USA - January 15 2021
In June and December of 2020, Miller Canfield reported that the Fifth and Eleventh Circuits had held that the Small Business Administration ("SBA")…
Thomas G. Appleman, Ronald Spinner