When sellers in Colorado execute a business sale and purchase agreements, there are certain key aspects that they must pay special attention to. Each sales contract may have different nuances but attorneys for each side will want to conduct their due diligence and understand the primary concerns on the buyer or seller…. Read more »

If you are thinking about forming a Colorado limited liability company, your must develop and file the Articles of Incorporation with the Secretary of State. Other states may sometimes refer to the articles as a certificate of incorporation. Articles of Incorporation are governed by Section 7-80-203 and Section 7-80-204 of the… Read more »

What is a Non-Disclosure Agreement? When companies want to protect certain information from reaching the hands of the competition, they usually draft a Non Disclosure Agreement ( commonly referred to as A Confidential Disclosure Agreement (CDA)). The Non Disclosure Agreement  is a contract between the disclosing party and the receiving… Read more »

There are various types of business entities under the various state laws. In the case of a single member LLC, this business entity only has one member. Unless the business owner chooses to become a disregarded company for tax purposes, the IRS will treat your business like a corporation. Knowing… Read more »

When an employee files an EEOC complaint that alleges discrimination, Colorado businesses should file an employer EEOC position statement. This response to the discrimination complaint is very important. When your employee files a discrimination with the Colorado EEOC, the EEOC  can investigate to determine whether there is a reasonable cause… Read more »

Assignment of contract decisions when there is a purchase and sale agreement involving a company that has existing government contracts should be met with caution. Although FAR 42.12 allows the buying and selling parties to execute a novation agreement due to an asset purchase or stock sale, companies should still… Read more »

As a government contractor, or company seeking to buy a business where federal contracts are involved, you must consider the various implications you face given the federal regulations governing the sale of a business and assignment of contract issues. There are various legal nuances involved such as whether or not… Read more »

Starting a business in Colorado has certain filing requirements with the Colorado SOS (Secretary of State). Depending on the type of business, you must make sure that you follow the basic legal requirements. Failure to do so will mean that your business is non-compliant. This could mean exposure to personal… Read more »

Understanding the Legal Nuances of the Colorado Limited Liability Company Act Can Minimize Headaches and Costly Legal Mistakes With LLC Laws. Under the Colorado Limited Liability Company Act, you can form your LLC with one or more members. During the initial stages of formation, LLC members can either contribute money… Read more »

The Colorado Limited Liability Company Act has a wealth of information related to operating LLC’s. However, the following are only but a few of the basics that business owners should know. Under Colorado LLC law, A limited liability company may be formed for only any lawful business governed under Colorado… Read more »