General Business & Commercial Law
Cooper & Riesterer, PLC represents businesses of all sizes across a wide spectrum of industries. From setting up new businesses to providing general, transactional, and litigation counsel to large established organizations, Cooper & Riesterer provides the experience, answers, and resources businesses need to succeed. more
As the saying goes: "Proper prior planning prevents poor performance." Those that have started businesses know the importance of planning. At Cooper & Riesterer, we counsel new businesses through several of these important decisions, including:
Contact Cooper & Riesterer today: 810.227.3103
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Michigan Expands Options for Personal Asset Protection
Business owners now have a new way to protect their personal assets. With Governor Snyderís signing of the Qualified Dispositions in Trust Act (QDTA) on December 5, 2016, Michigan joins 16 other states that permit domestic asset protection trusts (DAPTs). DAPTs are irrevocable trusts which, when drafted and funded correctly, can shield assets in trust from a personís creditors.
New Overtime Rule Delayed, Possibly Scrapped
Businesses, breathe easier: the new overtime rule, most widely known for raising the threshold overtime exemption for salaried employees, originally set to take effect December 1, 2016, may be scuttled altogether. On November 11, 2016 Texas U.S. District Judge Amos Mazzant granted an Emergency Motion for Preliminary Injunction, effectively blocking implementation of the rule. The Department of Labor appealed the decision on December 1, 2016, but recent developments suggest that the new administration may abandon the appeal and the rule altogether. In late January, the Department of Justice, on behalf of the Department of Labor, asked for a pause in the case to allow the new administration to consider its position on the matter. more
The law firm of Cooper & Riesterer, PLC, provides skilled legal services and experienced counsel to clients in Livingston County and throughout Southeast Michigan. We focus our practice on saving our clients time and money by offering: sound legal advice; proactive counsel to avoid future disputes; and effective, efficient resolutions when disputes do arise.