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Michigan Mergers & Acquisitions Questions & Answers
1 Answer | Asked in Mergers & Acquisitions for Michigan on
Q: When is the best time to sell a business?
Jonathan R. Roth
Jonathan R. Roth answered on Jun 9, 2017

It is completely dependent on the type of business you are selling. If you are selling a seasonal business like one dependent on beach or summer vacation traffic, then before the season starts. Ultimately a well educated buyer is going to evaluate the business on its last 3-5 years of operations... Read more »

1 Answer | Asked in Mergers & Acquisitions for Michigan on
Q: If I bought a company last year and found out recently that the prior owner had left behind environmental contamination,

who is responsible for that? Our contract didn't address it.

Jonathan R. Roth
Jonathan R. Roth answered on May 5, 2017

Did the owner disclose the existence of the contamination issue? Was he aware of it? If you own the property you are responsible, but can seek reimbursement from the prior owner especially if he caused or was aware of the contamination. I would contact an attorney in your area who is familiar... Read more »

1 Answer | Asked in Communications Law, Constitutional Law and Mergers & Acquisitions for Michigan on
Q: is it illegal for a news company to distribute fake news? Is it illegal for private individuals to distribute fake news?
Glenn B. Manishin
Glenn B. Manishin answered on Feb 15, 2017

No and no. Individuals may have a right to sue and recover for libel/defamation however if named in and injured reputationally by fake new stories.

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