Category Archives: Memorandum

LENDERS BEWARE OF CFPB MORTGAGE SERVICING COVID-19 FINAL RULE- A MORATORIUM ON FORECLOSURE

Simon PLC Attorneys & Counselors – September 2021 Memorandum LENDERS BEWARE OF CFPB MORTGAGE SERVICING COVID-19 FINAL RULE- A MORATORIUM ON FORECLOSURE Bloomfield Hills, Michigan –  As we slowly emerge from the COVID-19 pandemic that has consumed and continues to consume this nation (and the world) for the past 18 months, the Consumer Financial Protection […]

ENFORCEMENT OF MICHIGAN NON-COMPETE AGREEMENTS

Simon PLC Attorneys & Counselors – August 2021 Memorandum ENFORCEMENT OF MICHIGAN NON-COMPETE AGREEMENTS Bloomfield Hills, Michigan – Many employers require their employees to sign a contract preventing the employees from leaving and going to work for a competitor.  These may be separate agreements or part of a larger employment contract, included as a “noncompete […]

DON’T FORGET YOUR AFFIDAVIT$! AN ACCOUNTS STATED PRIMER

Simon PLC Attorneys & Counselors – July 2021 Memorandum DON’T FORGET YOUR AFFIDAVIT$!  AN ACCOUNTS STATED PRIMER. Bloomfield Hills, Michigan – On April 28, 2021, the Michigan Court of Appeals issued a decision in the case of Network Designs, LLC v. Music Hall Center for the Performing Arts, No. 351434 No. 351434, LC No. 18-009505-CB […]

VOIDABLE TRANSFER ACT

Simon PLC Attorneys & Counselors – April 2021 Memorandum VOIDABLE TRANSFER ACT Bloomfield Hills, Michigan – Michigan has become one of a number of states to adopt the Uniform Voidable Transactions Act (“UVTA”) which amends the Uniform Fraudulent Transfer Act (“UFTA”).   The UFTA is the most widely adopted statute in the United States addressing […]

IS POSSESSION 9/10 OF THE LAW? CALL YOUR LAWYERS BEFORE RELEASING THAT CAR

Simon PLC Attorneys & Counselors – January 2021 Memorandum IS POSSESSION 9/10 OF THE LAW? CALL YOUR LAWYERS BEFORE RELEASING THAT CAR Bloomfield Hills, Michigan – On January 14, the Supreme Court of the United States released its opinion in City of Chicago, Illinois v. Fulton et al., 592 U.S. ____ (2021).  In an 8-0 […]

Update on the compliance with the amended Marketable Record Title Act for Homeowners’ and Condominium Associations

Simon PLC Attorneys & Counselors – January 2021 Memorandum An Update on the compliance with the amended Marketable Record Title Act for Homeowners’ and Condominium Associations Bloomfield Hills, Michigan – As noted in an earlier memorandum, Michigan’s Marketable Record Title Act was amended at the end of 2018 in a lame-duck session of the state […]

Can a Judgment Creditor Garnish PPP and CARES Act Funds?

Simon PLC Attorneys & Counselors – December 2020 Memorandum Can a Judgment Creditor Garnish PPP and CARES Act Funds? Bloomfield Hills, Michigan – Questions have been raised by creditors’ rights attorneys and practitioners whether funds received by businesses and individuals from either the Paycheck Protection Program and/or CARES Act recovery rebates are subject to post […]