Circuit courts around the state will now include a dedicated
business court. John Walsh, Speaker Pro
Tempore of the Michigan House of Representatives, sponsored House Bill 5128
creating such court.
Governor Rick Snyder signed the bill into law on October 16th
and it is now Public Act 333 of 2012.
The law establishes a business court in every circuit court
with three or more judges. This new
court has jurisdiction over cases involving business or commercial disputes
when the amount in controversy exceeds $25,000.
The law continues the mission of making Michigan more
attractive to businesses. The
establishment of a business court creates a speedier method of resolving
disputes between businesses, ensuring job creators will not be tied up for
years in court cases.
The Michigan Legislature has been striving to make Michigan
a prime location for businesses looking for a new home. This new business court will provide an
effective and low-cost means by which business disputes can be resolved in a
shorter period of time.
John Walsh, in addition to his duties as a Michigan
Representative, is an attorney with Fausone Bohn, LLP in Northville.
To learn more or read the press release, please visit:
No comments:
Post a Comment