Authored By: Stephen McKenney and Lucy Budreau On December 7, 2023, the Michigan Court of Appeals issued its for-publication opinion in International Outdoor, Inc v SS Mitx, LLC, et al. In it, the Court provided binding guidance concerning the evidence required for relief from judgment based on fraud, misrepresentation, or misconduct of an adverse party, as well as the availability of...
Authored By: Kenneth F. Neuman and Nicholas Swider The Corporate Transparency Act (“CTA”) is, for all intents and purposes, old news. The federal statute was enacted as part of the National Defense Authorization Act on January 1, 2021 with the goal of protecting U.S. economic prosperity combatting occurrences of money laundering, racketeering, terrorist financing, corruption, and...
Altior Law is excited to announce that Lucy Budreau has joined the firm as an associate attorney. Lucy earned her Juris Doctor magna cum laude from Michigan State University College of Law and received her Bachelor of Arts in International/Global studies from the University of Michigan. Prior to joining Altior, Lucy practiced at a large...
Altior Law attorneys Stephen McKenney and Kenneth Neuman recently prevailed in an appeal of a jury verdict entered in favor of Altior Law’s client, Lamar Advertising of Michigan, Inc. As discussed in the lead blog article, on December 7, 2023, the Michigan Court of Appeals issued its for-publication opinion in International Outdoor, Inc. v Lamar Advertising of Michigan, Inc. In it, the Court...
Altior is proud to announce that its partner, Stephen McKenney, has been appointed to serve as the Chair of the Oakland County Bar Association Circuit Court Committee. As Chair, Steve serves at the helm of the Circuit Court Committee comprised of members of the Oakland County bench and bar with the mission of working together on matters of mutual concern relating to court operations to...
Altior Law partner Jennifer Grieco recently served as a panelist and speaker in events hosted by the Eastern District of Michigan Chapter of the Federal Bar Association, Oakland County Bar Association, and the Women Officials Network. Jennifer, who currently serves as the Chair of the State Bar of Michigan Alternative Dispute Resolution Section, spoke on the strategic use of ADR at the...
Authored By: Kenneth Neuman and Stephen McKenney You have likely seen language to the following effect in a lending instrument: “Borrower agrees to pay the maximum legal interest rate if it is determined that the other contractual terms impose an illegal interest rate.” Such “usury savings clauses” are akin to a blue pencil rule with the aim of permitting a court finding an interest...
Authored By: Jennifer Grieco and Nicholas Swider That collateral estoppel can preclude subsequent litigation of an issue decided in a prior action is unremarkable. Less conventional is whether issue preclusion can apply within a single cause of action, rather than in a later dispute. This, in fact, was an issue of first impression in Michigan decided in the for-publication...
Authored By: Matthew Smith and Dave Mollicone On November 2, 2023, the Michigan Court of Appeals issued its for-publication opinion in Kircher v Boyne USA, Inc, et al. The case arose from two successive settlement agreements between the plaintiff shareholder of defendant Boyne USA, Inc. Pursuant to a 2014 settlement agreement, the plaintiff shareholder had a right to have her...
Altior Law is excited to announce that Nicholas Swider has joined the firm as an associate attorney. Nick earned his Juris Doctor from Michigan State University College of Law and received his Bachelor of Arts in Political Science, Economics, Philosophy, and Crime and Justice from the University of Michigan. Prior to joining Altior, Nick practiced at firms handling a range of complex...
