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 »

When a contracting officer denies a claim under the Contract Disputes Act, filing an appeal to the Civilian Board of Contract Appeals (CBCA) would be the next step. Not all contract claims against the federal government are filed at the civilian board. Therefore, government contractors must be careful choosing the forum… 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 »

Avoid Costly Legal Mistakes With Your Colorado Limited Liability Company LLC Operating Agreement An LLC operating agreement helps business owners to form the company with documentation about the business relationships between the partners. For example, issues come up about expelling current business partners. How do you accomplish this task? Do… Read more »

Colorado Limited Liability LLC vs S Corporation Differences When forming a new business, you might wonder what is the difference between an LLC vs Corporation. What does LLC mean in business terms? In Colorado, and in many other states, a limited liability company (LLC) is a business created under Colorado statutes…. Read more »

LLC Personal liability protection is somewhat reduced under Colorado LLC laws when compared to other states. In 2012, the Colorado Court of Appeals “pierced the corporate veil” by deciding that business owners or corporations and limited liability companies are liable for personally responsible for business debts. See Martin v. Freeman, 2012… Read more »

Prime contractors that are bidding on government contracts often provide subcontracting opportunities to other businesses. However, there is some confusion whether a specific FAR contract flow down clause applies to subcontractors. Problem: 43% of prime contractors are not clear as to which FAR clauses must apply to subcontractors and those that… Read more »

Government contractors often find themselves in a precarious position when they file a request for equitable adjustment (Government REA Contracting Act) but later made the argument that it meets the requirements of a Contract Disputes Act claim. Understanding the applicable laws can save contractors thousands in attorney fees when seeking… Read more »