Choosing whether to start a Colorado limited liability corporation vs limited liability company (LLC) is a question that many small business owners ask in Colorado.  Understanding the differences can turn to the specific purpose of the business entity. One of the common issues between a limited liability company vs corporation in… Read more »

Be aware of the various legal nuances that can cost you the contract. Independent Contractor agreements in government contracting have vastly different legal issues. Not only do the parties have to very careful at the bidding stages; they also have regulated approaches to subcontracts during the performance stage.   The main… Read more »

What is a Common Law Contract? Common law refers to case law or precedent where decisions are made, and there is no statute governing the particular action. In common law contracts, service contracts predominately stand out as an example because there is no statute that governs the rights and obligations of… Read more »

Employers suspected of violating Colorado age discrimination law must make sure that they are not treating job applicants or employees less favorable solely because of their age. Without the right employment policies in place, Colorado employers can face severe penalties including large jury verdicts during litigation and EEOC investigations. Under the… Read more »

Lack of understanding SBA 8(a) Regulations Can Put Criminal Defendants at Risk On the issue of defrauding SBA Disadvantaged Small Business Program, there many recent cases where the Department of Justice, SBA Inspector General and other government entities have investigated and indicted Small Disadvantaged Business (SDB) owners for committing procurement… Read more »

An excusable delay in federal contracting relates to an unforeseeable delay and those that go beyond the contractor’s control. On the other hand a contract delay that is considered non-excusable is  in fact foreseeable. The difference drives whether the contractor or the government must bear the risk. Other issues about… Read more »

After federal contractors acquire government contracts, some of them seek an exit strategy structuring a merger and acquisition of the company. However, when compared to the traditional commercial practice, when there are existing government contracts involved, buyers and sellers should beware. If you are contemplating joining your company with a… Read more »

Knowing How the SBA Looks at Small Business Mergers and Acquisitions Can Impact Your Sale. Many government small businesses make the huge step of merging with other companies for viable business reasons. However, when considering small business mergers and acquisitions impact, the  SBA’s “present effect” rule, the SBA considers agreements to… Read more »

Forming a Colorado limited partnership means operating a business with more than one owner. This type of business partnership offers owners some level of limited personal liability for business debts. A limited liability partnership (LLP) adds to the other business entities. The difference is that although looked at as a… Read more »

Oftentimes government contractors may want to file SBA size standards protest because they have reason to believe that the awardee does not meet the definition of a small business. However, given the short deadlines, companies have a difficult time explaining why the competitor is not a small business. This procedural requirement that… Read more »