Randi G. Hermiz

Top rated business & corporate attorney in Southfield, Michigan

Hermiz & Associates
Randi G. Hermiz
Hermiz & Associates

Practice Areas: Business & corporate, Cannabis law, Estate planning & probate; view more

Licensed in Michigan since: 2016

Education: University of Detroit Mercy School of Law

Languages Spoken: Arabic, English, Spanish

Selected to Rising Stars: 2019 - 2022

Hermiz & Associates

24681 Northwestern Highway
Suite 4009
Southfield, MI 48075 Visit website

Details

Randi G. Hermiz is a business attorney and founder of The Law Office of Randi Hermiz, PLC, located in Southfield, Michigan. Serving clients in Michigan throughout the Detroit metro and Oakland County, he focuses his practice on estate planning matters as well as real estate and business law matters that involve:

  • Corporate law
  • Cannabis law
  • Probate
  • Health care
  • Business real estate
  • Landlord-tenant matters
  • Contracts and agreements

Having spent many years in the retail and service industries, Mr. Hermiz understands the various issues businesses may face, and he uses that perspective to ideate and execute strategies that favor the business over all else. He is also committed to helping his clients stay calm and levelheaded during a tumultuous period for them and their businesses.

Mr. Hermiz graduated cum laude from Wayne State University with a bachelor’s degree in public affairs in 2007. Later, he obtained his Juris Doctor from the University of Detroit Mercy School of Law. During law school, he was a part of the Arabic and Chaldean American Law Student Association. He also won the Booker Award for antitrust law and lender liability at University of Detroit Mercy School of Law in 2012, which is the highest grade achievable.

Licensed to practice in Michigan since 2016, Mr. Hermiz is a member of the Michigan Bar Association’s Small Business Committee, the Oakland County Bar Association, the Chaldean American Bar Association and the Chaldean American Chamber of Commerce. He has a “Good” rating on Avvo for his contributions to the legal field.

As an active member of his community, Mr. Hermiz has handled many pro bono cases, including one where several families were about to be evicted from subsidized housing due to unfair means in 2018. He speaks English, Spanish, Arabic and Chaldean Neo-Aramaic. He is an empathetic attorney who fights zealously for the rights and liberties of his clients.

Practice areas

Business/corporate, Cannabis law, Estate planning & probate, Health care, Real estate: business

Focus areas

Business formation and planning, Limited liability companies, Partnership, Sub-chapter s corporations, Contracts, Business organizations, Estate planning, Living wills, Power of attorney, Trusts, Wills, Health & health care law, Mortgage & refinance

  • 30% Business/corporate
  • 40% Cannabis law
  • 10% Estate planning & probate
  • 10% Health care
  • 10% Real estate: business

First Admitted: 2016, Michigan

Professional Webpage: http://www.rghlaw.com/attorneys.html

Bar/Professional Activity:
  • Michigan Bar Association, Small Business Committee
  • Chaldean American Bar Association, Member
  • Chaldean Chamber of Commerce, Member
  • Oakland County Bar Association, Member
Newsletters:
Educational Background:
  • Presenter on behalf of the University of Detroit Mercy School of Law Career Services Office.  Topic of discussion was obtaining employment while in law school., 2011
  • Received the Book Award (highest grade in class) for Antitrust Law and Lender Liability classes at University of Detroit Mercy School of Law., 2012
Transactions:
  • I represent a wholesale distributor of fire products that operates a national distribution chain from their southeast Michigan headquarters (“Client”).  Although the business failed, I negotiated a buy-back of their inventory and reimbursement of expenses from Client’s vendor that saved the principals from certain personal bankruptcy. Client is a family-run operation.  Client’s principals took out substantial loans and invested their entire savings in the business. Client negotiated and executed an exclusive distribution agreement with a multi-national manufacturer and distributor of fire products, with a presence in 140 countries and gross-sales of over $14B per year (“Vendor”). After several years of investing their time and money, Client’s business was stagnant and the principals were on the verge of personal bankruptcy.  Most of the capital was invested in inventory and marketing.  Compounding Client’s problems was the minimum product requirement they had agreed to with Vendor, which Client was unable to meet.  Furthermore, Client’s distribution agreement contained a provision that expressly stated Vendor was not obligated to buy-back inventory in the event of termination. Upon being retained by Client, I negotiated a termination agreement that achieved the following: Vendor purchased all of Client’s inventory – both that in Client’s possession and on consignment with customers – at Client’s original purchase price, without any discounts or offsets Client was reimbursed a portion of past expenditures, including warehousing and marketing costs Vendor agreed to reimburse Client’s expenses for storage and minimal operations until the inventory can be reclaimed and moved Vendor agreed to waive any claims for Client’s breach of the distribution agreement The termination agreement took close to six months to negotiate.  The first step I took was to diligently review the existing distribution agreement.  Next, I became intimately familiar with Client’s operations (purchasing, marketing, sales, distribution, etc.).  Finally, I reached out to several distributors in the region that did business with Vendor.  I leveraged many of my contacts in the industry, including principals of competing distributors to learn about Vendor’s operations.  One of the things that I learned from my contacts was that there was a flow of Vendor’s old product on the close-out market that made it very difficult for Client to compete at their current rates.  This was due to a prior distributor of Vendor’s products having liquidated a significant number of their products five years prior to Client becoming Vendor’s exclusive distributor.  Client’s distribution agreement had a clause that required Vendor to prevent diversion of product into Client’s territory (the entire U.S.).  The clause was broad enough that it could have been interpreted to cover the liquidated stock.  I worked with Client’s competitors to gather sales and marketing information on the liquidated goods.  Once I had all the information I needed, I reached out to Vendor and its counsel and made it clear that they were in violation of the distribution agreement from the day it was executed.  After a protracted negotiation period, I developed a working relationship with Vendor and its counsel, and we came to an agreement that was palatable to Vendor, and life-saving for Client. I am very proud of the work I accomplished for Client.  The termination agreement I negotiated for Client staved off personal bankruptcy for the principals, minimized their business losses, and allowed Client and its principals to repay all their loans. Mostly, I am proud to have accomplished Client’s goals without the costs associated with drawn-out litigation., 2017
Pro bono/Community Service:
  • Represented several low-income families facing unfair eviction from subsidised housing. , 2018
Industry Groups:
  • Creditors
  • Food And Beverage
  • Healthcare
  • Liquor Retail
  • Medical Marijuana
  • Real Estate Investment
  • Retail
  • Wholesale Distribution

Office location for Randi G. Hermiz

24681 Northwestern Highway
Suite 4009
Southfield, MI 48075

Phone: 248-430-8306

Selections

4 Years Rising Stars
  • Rising Stars: 2019 - 2022

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