In this issue:
Laura J. Genovich and Ashley A. Poindexter
In 2019, the Small Business Reorganization Act (SBRA) and the Family Farmer Relief Act (FFRA) were passed to help American farmers who have seen an increase in financial difficulties. Recently, farms have seen a rise in debt due to market disruptions, poor weather, and lower income. The SBRA and the FFRA were passed in order to increase the ease and accessibility of Chapter 11 and Chapter 12 bankruptcies...
Stephen W. Smith
Because land contracts typically operate over an extended period of time, a lot can happen as they run their course. If the parties mutually perform their contractual obligations during that time, the land contract will successfully conclude and the property will be conveyed.
But what happens if a land contract buyer disappears or becomes destitute? What are the owner’s rights and remedies? The answer lies primarily in the land contract itself...
Despite the difficulties imposed by the current pandemic, our team is privileged to continue serving the Michigan agriculture community, bringing our experience and industry commitment to our representation.
Because of Michigan agriculture’s scale and diversity, a wide range of legal issues can surface—and 2020 has certainly been no exception. Many of Michigan’s most established farmers and ag-related organizations retain Foster Swift attorneys to assist with both routine and more complex legal matters, including:
See 'Read More' below for a downloadable handout featuring all of Foster Swift's Ag Law attorneys and their various practice areas. If you have any questions or concerns, please feel free to contact us. —Allison M. Collins, Agricultural Law Practice Group Leader
Allison M. Collins
As Michigan inches closer to 2021, the uncertainty in the coming months can feel overwhelming. The need to stay up to date on changes to legal issues is greater than ever.
Recognizing a need for individuals and businesses alike to stay up to date on the latest legal trends in 2020, Foster Swift created a “2020 Year in Review” resource webpage.
Including articles and videos on hot topics going into 2021, such as current updates to COVID relief including PPP loan forgiveness and best practices for debt collection during the pandemic, be sure to periodically visit the page at fosterswift.com/f-year-in-review-resource-page-2020.html.
Fall and Winter are popular times of the year for agri-tourism activities in Michigan like visiting cider mills, orchards, corn mazes and pumpkin patches; and u-cut Christmas tree sales are now getting into peak season.
The Michigan Department of Agriculture and Rural Development (MDARD) is reminding the state’s agri-tourism operators to stay vigilant and follow specific COVID-19 guidance to ensure the safety of all employees and customers.
Learn more at michigan.gov...
Foster Swift Collins & Smith, PC E-Newsletters are intended for general information for our clients and friends. This newsletter highlights specific areas of law and is not legal advice. The reader should consult an attorney to determine how this information applies to any specific situation.
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