Buy Sell Agreements are also called shareholder agreements, shareholder restriction agreements, and are sometimes simply provisions of an operating agreement of an LLC. A buy sell agreement is akin to a pre-nuptial agreement between business owners. What it does is set out the parameters of […]Read More
Earlier this month, the United States Department of Labor issued a final rule on classifying workers under the Fair Labor Standards Act, clarifying the test to determine who is an independent contractor. The FLSA requires covered employers to pay nonexempt employees minimum wage for every […]Read More
Media Contact: Barbara Fornasiero; EAFocus Communications; email@example.com; 248.260.8466 Detroit—December 30, 2020—Zana Tomich, co-founder of Detroit-headquartered law firm Dalton & Tomich PLC, has been named a Michigan “Go-To” Lawyer for Business by Michigan Lawyers Weekly. The publication’s “Go-To” Lawyer honor spotlights Michigan lawyers who are leaders […]Read More
With 2020 winding down, many businesses are looking ahead to 2021. For most businesses, 2020 has been a difficult year and they hope that 2021 will bring with it a return to normalcy. While we can never predict the future, businesses should be aware, to […]Read More
We recently learned that two regional banks, Huntington National Bank and TCF will be combining in 2021. It’s likely just the start of a trend that will carry well into the new year. After all, the fallout from 2020 is still being experienced across all […]Read More
The value of assets in the United States within the nonprofit sector alone was about 6 trillion dollars in 2016 ($5,990,470,000,000.00 to be exact!), according to the National Center for Charitable Statistics. Real property (like land and buildings) is considered an asset, and it is […]Read More
Running a successful business requires skill, dedication, and the ability to look beyond the particular product or service that your company provides in order to protect the entity and its assets. Included within that last requirement is something that most do not think about on […]Read More
2021 is shaping up as a great year to acquire or repurpose commercial property. A number of anticipated post-pandemic trends may make 2021 a year of opportunity for businesses seeking to acquire or repurpose property. The nature of 2020 and its challenges to land use […]Read More
Many companies, non-profits and churches are looking at the space that they own, or have leased, and reached the conclusion that they own, or have leased, too much space. Before you enter into an agreement to sublease your space, think about the following items and […]Read More
To say 2020 was hard for small businesses is an understatement. Shutdown orders and COVID restrictions choked revenue streams, slowed cash flow, squashed business development opportunities, and took a heavy toll on the personal well-being of many small business owners. While many survived and few […]Read More
Most if not all mortgage agreements contain a debt acceleration clause. That clause allows the bank to declare the entire balance due upon the occurrence of an event—like the failure to make a payment. In Akouri v. Comerica Bank, one of the questions addressed […]Read More
The attorneys of Dalton & Tomich, PLC have the experience and the knowledge to work with you to develop a legal solution that helps accomplish your goals. Our collaborative approach has helped leaders like you grow businesses and banks, develop and expand churches, and build nonprofit organizations nationwide.
In my role as Administrative Bishop for the Church of God, quite often we are faced with issues that involve local governments and municipalities. Many of these issues that arise in dealing with entities are land use related. I have found Dalton & Tomich’s experience and expertise in this area to be a valuable resource and asset in every situation.
Never one time during a year-long litigation process did Dalton & Tomich demonstrate anything other than Christ-like professionalism. They managed the legal details, while we continued to do church. How they managed themselves, managed our case, and represented our church set the table for me and our church to be where we are today.
Dalton & Tomich’s expertise and experience helped us through a very difficult legal journey, ultimately achieving a favorable outcome. Their personal interest in helping us went “above and beyond” just the call of duty.