by Giarmarco, Mullins & Horton, P.C. | Feb 28, 2014 | BPG Newsletter, Bruce W. Haffey
Whether headquartered in Michigan or elsewhere, a difficult aspect of franchising, for the franchisor, is the need to understand and comply with the laws of each state or country in which franchises are to be marketed, sold or located. Some states have franchise laws,...
by Giarmarco, Mullins & Horton, P.C. | May 7, 2013 | BPG Newsletter, Bruce W. Haffey
Like most states, Michigan imposes a sales tax on the retail sale of tangible goods. The tax is imposed on the retailer. Since the 1967 U.S. Supreme Court case of National Bellas Hess v. Illinois Department of Revenue, a state cannot impose the tax an out-of-state...
by Giarmarco, Mullins & Horton, P.C. | Dec 13, 2012 | BPG Newsletter, Bruce W. Haffey
An important consideration when purchasing a business is protection against successor liability. In cross-border acquisitions, successor liability under the Foreign Corrupt Practices Act (FCPA) is a growing concern. The FCPA prohibits bribery of foreign officials for...