michtech

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So far michtech has created 14348 blog entries.

Have You Done the Math?

DETROIT - Few of us were math majors in college. Even fewer of us ever worked as a detective. Yet the Department of Labor?s 401(k) provider and participant disclosure rules require both skills! As a quick refresher, the DOL issued regulations in 2012 requiring that most parties being paid out of 401(k) plan assets inform

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Guest Columns|

Successful Warner Norcross Transaction Powered by TerraLex

GRAND RAPIDS - Warner Norcross led a successful $500 million acquisition for CCL Industries earlier this year that involved law firms in 23 countries ? a transaction made possible only by its membership in TerraLex, an international network of 150+ independent law firms in 44 states and 100 countries around the globe. CCL Industries, a

By |2013-12-05T00:00:00-05:00December 5th, 2013|Announcements/New Products, Archive|

MichBio Invited To JPMorgan Healthcare Conference – Offers BioConnections For Members

ANN ARBOR - Once again MichBio has received a coveted invitation to attend the JPMorgan Healthcare Conference from January 13-16, 2014. As such, we would like to make some BioConnections for our member companies. ?We know that many don't have the means to attend every business development/partnering meeting out there. So, we'll "take you along"

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Life Sciences/Biotech|

Bills Streamlining MEDC Incentive Programs, Beefing Up Safeguards Clear House Panel

LANSING - Bills regulating how much in incentive money the Michigan Economic Development Corporation can use in its business attraction and retention programs as well as toughening some reporting requirements cleared the House Commerce Committee on Thursday. Several changes were made to the bills. In the H-2 substitute for SB 269 , instead of removing

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Events/Announcements|

Five Benefit Plan Changes to Address Prospectively

DETROIT - ?We recently acquired another company. Now we need to terminate its plans and update our plans to show those employees joined.? Regularly, I hear about changes like this, but the problem? It?s after the fact and too late to act. Action needs to be taken before a change. After, the options are limited

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Guest Columns|

MSU Engineering Home To National Pavement Preservation Center

EAST LANSING - Michigan State University has developed its Transportation Center on Highway Pavement Preservation to develop new strategies for extending pavement life. The new center will receive $1.4 million during the first year of the program and is expected to receive similar funding levels for the next year, with funding through 2017. Karim Chatti,

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Events/Announcements|

Michigan Senate Tightens PSC Role In Landline Bill

LANSING - The Senate on Thursday passed a bill that would streamline the process for phone companies to end traditional landline service to customers under certain conditions, changing some wording to ensure the Public Service Commission must take a consumer's complaint regarding service providers if his or her current provider chooses to discontinue that service.

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Politics/Government|

Audit Pans State’s One-Stop Shop For Business Licensing, Permitting

LANSING - The Michigan Business One Stop System, developed in 2007 with the purpose of creating a single point of entry for persons and businesses doing business with state government and streamlining the licensing and permitting process, is in such woeful shape that most state departments don't use the system, according to a scathing audit

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Events/Announcements|

Crowdfunding Bill Clears Michigan Senate Committee

LANSING - The Michigan Senate Banking and Financial Institutions Committee unanimously approved legislation Thursday that would allow businesses seeking investors through crowdfunding to avoid having to register the stocks sold to those investors. No major changes were made in the S-2 substitute for HB 4996 , which would allow companies to seek up to $1

By |2013-12-05T00:00:00-05:00December 5th, 2013|Archive, Events/Announcements|