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Where a suit alleging a usurpation of corporate opportunity culminated in a judgment for the plaintiff, that judgment should be affirmed despite the defendants’ contention that the plaintiff failed to establish the “financial ability” element.
A pair of buyers have bid to take over Bingham Farms, Mich.-based Gissing North America LLC in a plan that would split up the bankrupt automotive supplier.
A pair of buyers have bid to take over Bingham Farms-based Gissing North America LLC in a plan that would split up the bankrupt automotive supplier.
Southfield-based Angstrom Automotive Group LLC and South Carolina-based CBT Enterprises LLC were winning bidders on pieces of the company's…
The Sixth Circuit recently held that even where a supplier has a right to terminate a contract without cause, the supplier still must give the buyer reasonable notice of.