by W. Jay Brown | Jan 22, 2010 | Business Law, Commercial Law, Construction Law
Michigan’s statutory conversion statute (MCLA 600.2919a) used to confine its enhanced remedy to those who were wrongfully in receipt of converted assets. However, as it didn’t make sense to treat the person receiving the assets more harshly than the converter, the...
by W. Jay Brown | Jan 22, 2010 | Business Law, Commercial Law
For years, commercial litigators have used merger clauses within contracts as a defense to fraud claims. The merger clause can prevent evidence of fraud from being introduced via the parol evidence rule and can also make any alleged reliance “unreasonable.” This has...
by W. Jay Brown | Jan 22, 2010 | Business Law, Commercial Law, Litigation
Recently, the Michigan Court of Appeals in Dearborn Capital Corporation v Facundo Bravo, (Docket No. 284274 released 9/22/09) issued a decision that serves as a harsh reminder to creditors of the consequences of failing to observe the letter of the UCC when selling...
by W. Jay Brown | Jan 22, 2010 | Business Law, Commercial Law, Litigation
Business litigation involving a corporation typically involves claims brought under the Michigan Business Corporations Act (“BCA”), MCLA 450.1101 et. seq. However, the BCA is not the only source of statutory claims involving corporations. Section 3605 of the Revised...
by W. Jay Brown | Jan 22, 2010 | Business Law, Commercial Law, Construction Law
It’s a typical scenario- a subcontractor or supplier is owed money from a contractor but hasn’t perfected a right to a construction lien. The subcontractor or supplier think they are out of luck and are stuck with an uncollectable breach of contract claim against an...
