As Published in Chicago Lawyer By Dr. Andrew Malec and Susan Koss, CPA/ABV/CFF, CVA Partners and Managing Directors at O’Keefe As is the case with most complex commercial litigation matters, patent holders must first prove causality before economic damages are… Continue Reading  

As published in Forefront By Patrick O’Keefe Clients with debt covenants in their loan documents should be aware that new proposed accounting guidelines for leases will require companies to put on their balance sheet all “right to use assets” with… Continue Reading  

A Message from Mike Boudreau CPA, CTP, CFF I hope all of you enjoy this newsletter and I wanted you to know I appreciate all the kind feedback and suggestions on how to make this a better publication. As an… Continue Reading  

Actions you take now can help determine the ‘value’ of your life Did you know that your choice of whether to spring for antilock brakes in your last car purchase can reflect how much you value your life? Do you… Continue Reading  

Seven Michigan communities have been placed in state receivership since 2000. This rescue supersedes local control and strips officials of financial authority and sometimes their salaries. Local government officials should know that Department of Treasury officials are less likely to… Continue Reading  

Local governments and school districts in Michigan could use corporate-style discipline as they tackle some of the same fiscal challenges confronting businesses. Fluctuating revenues, climbing benefit costs and aging infrastructure strain public and private sector budgets alike. Reductions in state… Continue Reading  

In Till v. SCS Credit Corp, 541 U.S. 465 (2004), the Supreme Court of the United States blessed us with a formula to determine the appropriate interest rate a lender should receive on a secured car loan claim in a… Continue Reading  

A financial turnaround advisor plays an important role in any legal planning for naming an Emergency Financial Manager (EFM), avoiding an EFM, or in the worst case preparing for a potential Chapter 9 filing. A third party turnaround advisor specializes… Continue Reading  

Excerpt from June 2011 Newsletter A Message from Mike Boudreau CPA, CTP, CFF June 2011 – Municipalities and School Districts/Emergency Manager Many municipalities and school districts are facing the same viability issues the private sector has been experiencing since 2008…. Continue Reading