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Michigan Laws Making News

What Laws Are Impacting Grand Rapids Area Residents

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Law In The News

Google has an illegal monopoly on search, judge rules.

August 7, 2024
Google has violated US antitrust law with its search business, a federal judge ruled Monday, handing the tech giant a staggering court defeat with the potential to reshape how millions of Americans get information online and to upend decades of dominance.
The decision by the US District Court for the District of Columbia is a stunning rebuke of Google’s oldest and most important business. The company has spent tens of billions of dollars on exclusive contracts to secure a dominant position as the world’s default search provider on smartphones and web browsers.
Read more at CNN
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National Public Data Sued for Hack that Exposed Data of 2.9 Billion People

August 5, 2024

A class-action complaint has been filed against a background-check company in connection to a data breach in April that exposed sensitive personal data of more than 2.9 billion people that the hackers later reportedly tried to sell on the dark web for $3.5 million.

Read more at Security Boulevard

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Inherited an IRA? Five Things Every Beneficiary Should Know

August 1, 2024

Inherited IRA beneficiaries should be aware of several important tax considerations — especially considering recent rule changes and delays involving required minimum distributions (RMDs). Additionally, the IRS just released long-awaited final rules concerning inherited IRAs. Although these regulations were expected and won't begin until next year, the agency cemented a key aspect involving RMDs that will impact many beneficiaries.

Read more at Kiplinger

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Victory to people trying to recoup cash from foreclosures

July 31, 2024
The Michigan Supreme Court said Monday that its 2020 decision stopping local governments from keeping cash windfalls from the sale of foreclosed homes can be applied retroactively, meaning that hundreds of millions of dollars could potentially be returned to people who lost properties over unpaid taxes.
For years, counties kept profits from the sale of foreclosed homes or land — even if the leftover cash far exceeded the amount of unpaid property taxes.
Read more at WZZM13
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