Michael D. Penny

Invaluable guidance for our family business succession plan

As a second-generation family business owner in Detroit, navigating the complexities of succession planning felt overwhelming. We needed an attorney who understood both the legal intricacies and the delicate family dynamics involved. Michael Penny was recommended to us, and his counsel proved to be exceptional. While his recognition in Closely Held Companies and Family Businesses Law by Best Lawyers was a strong initial indicator, his practical approach truly set him apart. He meticulously guided us through structuring a buy-sell agreement and updating our corporate governance documents, ensuring a seamless transition that protected both the business's future and family relationships. Michael possesses a rare ability to distill complex corporate and M&A concepts into clear, actionable steps. His foresight in identifying potential tax implications and ownership disputes saved us significant future hardship. For a relatively young attorney, his depth of knowledge and professional poise are remarkable. He was consistently responsive, patient with our numerous questions, and demonstrated a genuine investment in our long-term success. Partnering with Michael and the team at Miller Johnson PLC was one of the best decisions we've made for our company's legacy. I cannot recommend him highly enough for any business-related legal matter.