A Michigan investor, who bought into the Roasting Plant coffee shop franchise, is suing the company for fraud. The investor purchased and paid to build two new locations for the coffee shop, one in Dearborn Heights and the other in Ann Arbor, paying over $3.1 million to set up the stores.
A mechanic's lien doesn't have anything to do with car repair, even if it sounds like it. What it generally refers to in the context of real estate is the work that a contractor does on contract relating to a property, and the amount of money that the property owner has agreed to pay the contractor.
Two gin distilleries are waging battle in court over the right to use the word "breakfast" in the name of their products. Few Spirits -- the maker of "Breakfast Gin" claims that Gray Skies Distilleries is infringing on its mark by naming its competing gin product "Breakfast Rye." According to Few, Gray Skies is attempting to hijack its hard-won branding -- saying that the use of the word breakfast will serve to confuse its customer base as to which alcoholic beverage is the original Breakfast Gin.
We enter into contracts when we contract employees, when we negotiate a deal with a business and in numerous other circumstances. However, the other party in the contracts we agree to may not always hold up its end of the bargain. In these situations, you may be able to seek different remedies in court -- like financial compensation -- from the party that has breached the contract.
When you plan to purchase a piece of commercial real estate, you no doubt want the transaction and "deal making" process to be completed as quickly as possible. This may result in your pressuring the selling party to close on the deal fast. The seller, worried that the deal will not go through, could be more than willing to comply with your request.
Every employment circumstance is different, so if you're considering the fairness of a particular nondisclosure agreement, you need to review the unique circumstances of the job, person or party it applies to.