Legal Question in Business Law in Michigan

First I would like to state, I believe you need to hire an attorney that has experience with litigation and, in particular, complex litigation cases. There are multiple parties and claims and I can only assume large amounts of money involved in your situation. An attorney that handles smaller cases or business transactions can get lost in the requirements, necessities and rules and this can lead to you losing your rights. Also, there might be impending time limitations with some claims so I would suggest hiring representation soon.

As I said above this is a complex issue. There are potential claims that should be brought against the buyer of your business. As you stated, he obviously used some unsavory business tactics to get a lot of money.

Next you state that there were some embezzlement issues. Those types of claims are fraught with confusion because there are multiple parties involved and multiple claims because one party failed to secure your interest, etc. and then there will be another party that actually took the money,

The sale of the title company further complicates the matter because obviously the current owner will need to brought in and might end up being the party that actually harmed you but he may have to be responsible for the past owners errors too. The past owner might also need to be brought in because he may be liable for damages too.

I see multiple major claims in this situation. Waiting to act will only complicate things more. And with everyone pointing the finger at everyone else, you need someone on your side that has sorted through situations like this before. You have certain rights and you do not want to close any doors unless it is absolutely necessary.