Displaying items tagged: Warner Norcross & Judd LLP
BANKING: Banks and credit unions wait for federal law to become more cannabis-friendly
The legalization of cannabis in Michigan offers an emerging economic sector for banks and credit unions, but only if Congress enacts legislation to change existing federal law and allow them into the market.
ALL VERY HIGH: Risks, rewards, barriers-to-entry elevated for Michigan cannabis investors
GRAND RAPIDS — Brandon Kanitz walks through a cavernous area of a former auto-parts manufacturing plant, pointing out areas that in the months ahead will become growing rooms for marijuana plants.
Restaurant fills ground-floor space at new downtown Hyatt Place
GRAND RAPIDS — Orion Real Estate Solutions has filled its developments on Ottawa Avenue with the announcement of ground-floor restaurant Tupelo Honey Southern Kitchen & Bar.
RETAIL ROUNDTABLE: West Michigan retail sector prepares for changes, prioritizes customer experience
The retail industry finds itself at a crossroads of many diverging influences.
Federal tax reform offers benefits to real estate investors
Federal tax reform means multiple benefits to the real estate industry, although some further guidance is needed for investors to fully understand what that means. After President Donald Trump signed into law the most sweeping changes to the U.S. federal tax code since 1986 with the Tax Cuts and Jobs Act, experts pointed to the real estate sector as one of the winners with the reforms.
A focus on serving others serves Waterbury well during four-decade legal career
Friends and family saw Stephen Waterbury heading toward a career in law before he ever did.
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Spectrum Health asks court to dismiss federal trademark case
Spectrum Health is asking a federal court to dismiss a lawsuit filed by a Denver-area company that alleged the West Michigan-based MedNow telemedicine service infringes on its trademark.
Law firms embrace new offices for efficiencies, talent attraction
As West Michigan law firms focus on talent recruitment and greater efficiencies, they increasingly are upgrading to modern, first-generation office space.
As headwinds arise, craft brewers refocus on community, smart growth
The craft brewing industry continues to evolve at a rapid pace. As breweries strive to stay relevant in the eyes of thirsty customers, they also need to find ways to keep their distributor and retail partners happy. Companies need to balance all those demands and more if they plan to grow beyond the taproom model, which still provides their most lucrative sales.
Tax reform changes up some family business succession plans
The federal tax reform law Congress passed and President Trump signed in December has ramifications for family-owned businesses and how they are ultimately transitioned from one generation to the next.
Small business owners should plan ahead to maximize sale value, ease transition process
Larry Andrus began thinking about his eventual exit from Trivalent Group Inc. almost from the beginning.
Independent Bank’s deal for TCSB unlocks NW Michigan market
GRAND RAPIDS — The pending acquisition of TCSB Bancorp Inc. gives Independent Bank Corp. a position in an attractive banking market in Northwestern Michigan.
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In lawsuit, Blackford Capital platform company alleges seller misrepresented relationship with key customer ahead of 2016 acquisition
GRAND RAPIDS — The relationship between two companies involved in a 2016 acquisition appears to have soured, with both entities now pointing the finger at each other in federal court.
ACA likely to remain law, but opponents will continue chipping away
The Affordable Care Act withstood repeal efforts in Congress in 2017 and remains law, which has industry watchers doubting we’ll see another full-scale push to repeal and replace the Obama-era health care policy.
Tech to continue driving change in auto industry, attorney says
Warner Norcross & Judd attorney Tom Manganello understands that the automotive industry is making a push to incorporate more technology. Manganello, who represents automotive sector clients, thinks if companies are not participating in this industry-wide shift, they could be in for trouble.
Strength of West Michigan real estate industry should carry over into 2018
As 2017 comes to a close, West Michigan’s construction and development industry continues to show signs of strength.
Professional service firms embrace events for client development, community connection
GRAND RAPIDS — Accounting, law and marketing firms are hosting more educational and social gatherings than they were just three years ago.
Perrigo sues U.S. government, demands repayment of $163.5 million in taxes
ALLEGAN — Perrigo. Co. plc wants the federal government to pay back more than $163.5 million in taxes it paid over four years.
Ott advised Chemical Financial on blockbuster deal for Talmer
In his 28 years in practice, attorney Jeff Ott has worked on almost 70 transactions, nearly a dozen of which involved Chemical Financial Corp.’s acquisitions of other banks.
With deal for Talmer Bancorp, Chemical Financial finds ‘the perfect fit’
Nearing $10 billion in assets after a series of smaller community bank acquisitions, Chemical Financial Corp. last year needed to pursue a deal larger than any it had contemplated before.
Knowing when: In succession planning for family-owned businesses, timing is essential
HOLLAND — When Randy Boileau started his Holland-based communications company 14 years ago, he never intended to hand it off to the next generation in his family.
Haworth seeks $6.5 million from former dealer, related parties it accuses of nonpayment, fraud
HOLLAND — Before you put pen to paper in any transaction, experts say it’s important to vet the parties with whom your company does business.
Grand Angels launches Kalamazoo-based affiliate
With the formation of an affiliate angel investment group in Kalamazoo, Grand Angels has taken the first step toward possibly creating a handful of similar arrangements statewide.
Diversity, inclusion efforts vital to attract workplace talent
Rodney Martin has seen a great deal ofprogress in Grand Rapids becoming a more diverse and inclusive community over the last three decades.
Adtegrity eyes growth with acquisition of Media Place Partners
Two advertising services companies have joined forces in a bid to create a “one-stop shopping” experience for their clients.
Orion Construction breaks ground on planned Warner Norcross tower
Longtime surface parking lots in the city’s downtown central business district continue to give way to a new, large-scale development.
Apartment concerns aside, commercial real estate outlook remains strong
Stakeholders in West Michigan’s commercial real estate and construction industries remain generally upbeat as they look toward the second half of the year.
Sharing the wealth: ESOPs offer business owners an exit strategy, if they plan ahead
When Mark Lindquist purchased Rapid-Line Inc. in 1989, he completed the transaction with a strategy for exiting the business already in mind.
Executive roundtable: Craft beverage makers struggle through internal divisions, market forces, threats
With more than 5,300 craft brewers already on the market, and many more scheduled to open in the near future, the craft brewing industry has started to mature.
Banking industry remains conducive to more M&A in 2017
Mergers and acquisitions within the banking industry are expected to maintain a steady pace in the new year.