13 July 2015

Are You Covered? Security Requirements in Cyberinsurance Policies

Large scale data breaches have garnered much media attention in the wake of cyberattacks on Target and Anthem. Large retailers have disclosed that their payment card data privacy incidents cost them nine figures net of insurance. But as this article will show, even relatively small incidents can cost insureds millions. No company is safe from […]


02 July 2015

What Happens to the Children’s Health Care Insurance after the Divorce?

Michigan law is clear that both parents have an obligation to support a child and this may also require either or both parents to provide medical care and medical insurance. It is important that a divorce judgment clearly sets forth which of the parents is required to provide health insurance. In those cases when both […]


01 July 2015

Proposed Revisions to “White-Collar” Overtime Exemptions

Yesterday, the U.S. Department of Labor’s Wage and Hour Division released its much anticipated proposed revisions to the “white-collar” overtime exemptions under the Fair Labor Standards Act (FLSA). The only significant proposed change is to increase the minimum salary for the executive, administrative and professional exemptions from $455 to $921 per week. Under the current […]


30 June 2015

A Resurgence in Internal Revenue Code Section 1031 Exchanges

Now that the commercial real estate market has rebounded, it is a good time to remember the benefits of structuring a sale as a Section 1031 exchange. For several years, since commercial real estate values were depressed, sellers did not need to think about how to shelter the gain on a sale. While it is […]


30 June 2015

Impact of Supreme Court’s Decision on False Claims Act Cases

On May 26, 2015, the United States Supreme Court handed down its decision in Kellogg Brown & Root Servs., Inc. et al. v United States ex rel. Carter, 575 U.S._____. The Supreme Court’s decision had been heavily anticipated by health care providers who face qui tam actions brought under the False Claims Act (FCA). In […]


30 June 2015

Michigan Creates a New Underground Storage Tank Cleanup Fund

Effective as of December 30, 2014, Michigan has a new Underground Storage Tank Cleanup Fund to help pay for the cleanup of contamination caused by releases from refined petroleum underground storage tanks (Act 416 of the Michigan Public Acts of 2014). Each year, the first $20 Million of the 7/8 cents-per-gallon tax on refined petroleum […]


30 June 2015

The ABLE Act. How Useful is the New Option for Special Needs Planning?

The ABLE (Achieving a Better Life Experience) Act creates a new option for some people with disabilities and their families to save for future disability related expenses. With certain limitations, funds held in an ABLE account do not interfere with eligibility for public benefits. ABLE accounts are created by federal law and approved for states […]


30 June 2015

The ABLE Act: How Useful is the New Option for Special Needs Planning?

The Achieving a Better Life Experience Act of 2014 (ABLE) creates a new option for some people with disabilities and their families to save for future disability related expenses. Within certain limitations, funds held in an ABLE account do not interfere with eligibility for public benefits. ABLE accounts are modeled after 529 education savings accounts […]