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Michigan Employers Required to Provide Paid Sick Time Beginning February 21, 2025

Effective February 21, 2025, all Michigan employers will be required to provide employees with paid sick time under the Earned Sick Time Act (ESTA). The ESTA replaces the current rules under the Michigan Paid Medical Leave...more

Adjustments To Net Working Capital For A Business Transaction: The Art And The Science

Generally, net working capital is determined by subtracting the business’ current liabilities from its current assets, excluding cash. Transactions are commonly structured on a “cash free” basis with the seller retaining the...more

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