Insights: Results
Restrictive Covenants in Michigan: A Cent, a Peppercorn, or Continued At-Will Employment
by Martin C. Brook
The Michigan Supreme Court, in a 2002 case, has commented that a “cent or a pepper corn, in legal estimation, would constitute a valuable consideration.” Essentially, this means that courts refrain from evaluating the quality of the deal, i.e., whether it was good or bad for one party.
Going Into Business With a Partner
by Thomas J. Nichols
So you're thinking of going into business with somebody else? Maybe a friend or a family member. Or perhaps somebody who already is a business acquaintance. There are a couple things that you might want to consider as you think about going into a venture with a partner.
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