The stimulus bill signed into law by the President recently has set aside substantial funds to aid small businesses under a new loan program that is now in effect. If small businesses maintain payroll during this economic crisis, all or part of the money borrowed through the newly created Paycheck Protection Program can be forgiven. The goal is to help small business owners and their employees ride out this economic […]

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was enacted on March 27, 2020. The CARES Act contains many sections and provisions applicable to numerous individual and business situations. For small business owners, the most helpful provision may be the new loan program called the Paycheck Protection Program (PPP).  This program is developed to assist small business owners to retain their employees and recall employees who have been […]

Businesses are facing a diverse set of legal and business-critical challenges by the outbreak of the Coronavirus Disease (COVID-19). Attorneys at Cummings, McClorey, Davis & Acho, P.L.C. are closely monitoring the potential ramifications of the outbreak and are actively advising clients in planning through this fluid time and uncertain future to better position their business for success. Some legal, strategic, and practical considerations employers need to consider include: • Wage […]

Cummings, McClorey, Davis & Acho, P.L.C. (CMDA) is pleased to announce the opening of a Firm location in New York City. Located in the heart of Midtown Manhattan, the New York office is the Firm’s seventh office location and first on the East Coast, adding to offices in Michigan, Missouri, and California. The New York office will be home to CMDA’s growing Intellectual Property (IP) practice. “Having an office in […]

We are very pleased to announce that three attorneys have recently joined our Firm. David Kowalski is an attorney in our Clinton Township office where he focuses his practice on insurance defense, municipal law, appeals and litigation, and research. He has extensive litigation and appellate experience and has received favorable outcomes for clients before the Michigan Supreme Court and the Michigan Court of Appeals. He authors briefs for submission to […]

Effective March 29, 2019 the Paid Medical Leave Act (PMLA) will allow eligible part time employees to receive one hour of paid medical leave for every 35 hours worked. To be eligible for the leave the employee must have worked a minimum of 25 hours per week during the preceding calendar year. The leave time must be used for personal or family health needs or purposes related to sexual assault […]

The Michigan Department of Licensing and Regulatory Affairs (LARA) Corporation, Securities & Commercial Licensing Bureau (CSCL) recently announced that 2018 annual reports for nonprofit corporations have been mailed to resident agents on record with the CSCL Corporations Division. Nonprofit corporations are required to file their annual report by October 1, 2018. Nonprofit corporations are those formed in which members may not receive any profits of the corporation. A nonprofit corporation […]

Beginning in 2018 in Michigan, all companies with no unclaimed property will be required to file a zero or negative report. Under Michigan’s Unclaimed Property Act, anyone holding unclaimed property of another must report such property as abandoned to the State of Michigan under a process known as escheats. Therefore, a bank holding money for a depositor over a number of years, which determines the property is abandoned, must turn […]

At the recent Securities Exchange Commission and Department of Justice Enforcement and Litigation Update Conference, speakers included the Director of the SEC Regional Office, Chicago, The Chief of the White Collar Unit of the US Attorney’s Office, Detroit, the Detroit Supervisory Special Agent of the FBI, as well as in-house counsel for local businesses. Much of the discussion was about the rise of cyber crime. The FBI agent said “There […]

The Family Medical Leave Act (FMLA) allows an eligible employee to take an unpaid, job-protected leave for a specified family and medical reason with continuation of group health insurance coverage under the same terms and conditions as if the employee had not taken leave.  A few of the common points of FMLA that may be forgotten by the employer are outlined below. Can the employer have communications with the employee […]