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Insurance Agencies Closer to Qualifying As Franchises in Michigan
In Bucciarelli v. Nationwide Mutual Ins. Co., 2 Bus. Franch. Guide (CCH) '14, 200 (E.D. Mich. 2009), the Eastern District of Michigan declined to rule as a matter of law that the Michigan Franchise Investment Law (the “MFIL”) did not apply to insurance agency contracts, deviating from precedents set by courts in other jurisdictions and setting the framework for future decisions that could have a lasting impact on the insurance industry in the state. The plaintiff, Rick Bucciarelli, was the sole owner of an insurance agency, Rick Bucciarelli and Associates. Bucciarelli signed an Independent Contractor's Agent Agreement with Nationwide Insurance in which he was entitled to sell insurance and financial products offered by Nationwide and its affiliates.
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.