Displaying items tagged: Honigman LLP
Trinity Health lawsuit alleges ‘monopolistic behavior’ by major West Michigan orthopedic practice
GRAND RAPIDS — Trinity Health and four surgeons want a federal court to invalidate non-compete agreements with Orthopaedic Associates of Michigan, claiming they allow the market’s largest orthopedic practice to essentially hold a monopoly over procedures in Kent County.
MiBiz Growth Report: Aug. 15, 2022
Here is the MiBiz Growth Report for August 15, 2022:
Economic disruptions create M&A ‘inflection point’ at midyear
The mergers and acquisitions market enters the second half of 2022 facing a stack of issues that may affect deal flow and how transactions are structured.
Federal agencies propose ‘long overdue’ changes to equitable lending rules as banking moves virtual
A proposal by a trio of federal agencies would bring major banking industry regulations into the modern digital age as banking is increasingly done electronically instead of in branch offices.
PE firm Blackford Capital adds to hospitality holdings with new acquisition
GRAND RAPIDS — Private equity firm Blackford Capital has added to its holdings in the hospitality sector with the acquisition of ID Collaborative Inc., a Greensboro, N.C.-based interior design firm.
New Standard continues West Michigan expansion with Saugatuck Township dispensary
SAUGATUCK TWP. — New Standard cannabis company has opened its sixth dispensary in West Michigan with a newly built retail store in Saugatuck Township.
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Incoming MEDC leader cites ‘transferrable challenges’ with move to Michigan
Michigan Economic Development Corp. announced a transition in leadership last week that will bring economic development expertise from the bayous of Louisiana to the peninsulas of Michigan.
MEDC selects New Orleans economic development leader as next CEO
The Michigan Economic Development Corp. has selected Quentin Messer Jr. from New Orleans as its next CEO.
New Standard acquires three Agri-Med cannabis dispensaries in West Michigan
MUSKEGON — Agri-Med LLC’s three dispensaries — which operate as Park Place Provisionary in Muskegon, Edmore Provisionary in Edmore, and Exit 9 Provisionary in Nunica — will be rebranded and operate as New Standard stores under an agreement announced this week.
Huntington, TCF merger could mean opportunities for competitors
While Huntington Bancshares Inc. and TCF Financial Corp. executives say a planned merger between the two companies will create a Midwest banking powerhouse, some experts view it as an opportunity for competitors to gain both business and talent.
Restaurant, hospitality groups sue state over latest COVID-19 orders
The Michigan Restaurant & Lodging Association and two hospitality businesses filed a federal lawsuit Tuesday against the head of the Michigan Department of Health and Human Services in response to new business restrictions to stem the spread of COVID-19.
United Federal Credit Union to acquire Edgewater Bank in ‘collaboration’ deal
ST. JOSEPH — United Federal Credit Union would broaden its footprint in Southwest Michigan with the planned acquisition of Edgewater Bancorp Inc.
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M&A firms say deal activity is rebounding after pandemic slow-down
M&A activity that declined sharply in the second quarter as the COVID-19 pandemic took hold and slammed the economy appears to have started rebounding after mid-year.
Idled construction firms brace for continued supply chain disruptions
As an executive of a construction and property management company licensed in 45 different states, Jennifer Boezwinkle of Rockford Construction Co. Inc. knows well the disruptions her nationwide counterparts face in the middle of the COVID-19 pandemic.
Drug developer secures new investment from Japanese firm, outlines path to buyout
GRAND RAPIDS — Drug developer Tetra Therapeutics has secured a new equity investment from Japanese pharmaceutical company Shionogi & Co. Ltd.
Growth Report: Nov. 9, 2019
Here is the growth report for November 9, 2019.
Yanfeng Automotive to sell off Grand Rapids-area operations
CASCADE TOWNSHIP — Automotive supplier Yanfeng US Automotive Interior Systems has entered into an agreement to sell the company’s Grand Rapids-area operations to a new automotive-focused private equity firm, MiBiz has learned.