Gov. Snyder Signs Walsh Bill, Establishing Business 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 the Michigan Legislature website.