Understanding the Legal Nuances of the Colorado LLC Act Can Minimize Headaches and Costly Legal Mistakes With Colorado LLC Laws. Many start-up companies in Colorado elect the LLC business entity. However, failure to follow the basic statutory requirements can expose business owners to personal liability. Although easy to start an… 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. Without proper formation or compliance with Colorado LLC Laws, your personal assets can be exposed to creditors There is… Read more »
Avoid Costly Legal Mistakes When Drafting Your Colorado Limited Liability Company Operating Agreement What is an Limited Liability Company Operating Agreement? A limited liability company operating agreement helps business owners to form the company with documentation about the business relationships between the partners. Without it, many business owners find themselves… Read more »
Choosing whether to start a Colorado Limited Liability Company vs Limited Liability Corporation is a question that many small business owners ask in Colorado. Without a deep understanding of the corporate legal formations and liability exposure, business owners often find themselves in legal trouble or facing lawsuits for personal liability. Understanding the differences… Read more »
Understand and apply the various nuances of a Colorado limited liability partnership before there are disputes and it’s too late. Forming a limited liability partnership in Colorado means operating a business with more than one owner. This type of business partnership offers owners some level of limited personal liability for… Read more »
Know the Basic Contents of Your Colorado Limited Liability Company Partnership Agreement Although there may be other items that you want to include in a Colorado limited liability company LLC partnership agreement, there are some important things that you may wish to consider before finalizing an executed operating agreement. Owners should keep… Read more »
Understand the Basic Steps to Setting up an LLC in Colorado However, depending upon the business’ goals and structure, there could be some pros and cons when you are creating an LLC in Colorado. Understanding LLC advantages and disadvantages is a critical step to take before starting a business. Limited Liability Company LLC… Read more »
What is an LLC in Colorado? A Colorado Limited Liability LLC Company means a business structure allowed by Colorado statute. If you are forming a CO LLC you want to ensure that you consult with your state law or business lawyer to understand your responsibilities and legal obligations. Limited Liability Company members must… Read more »
What is the government contract fraud investigation process? By understanding the basic rules of engagement, federal contractors can minimize criminal liability and hefty fines. By Theodore Watson, Esq. The procurement fraud investigation process often starts at the contracting officer (CO) level either during the award or performance stages. Under FAR Part… Read more »
Theodore P. Watson, Esq. (Federal Government Procurement Fraud Attorney) Government procurement fraud schemes with any federal contract can create a nightmare for company owners and employees. Several procuring agencies must guard taxpayer dollars and ensure that the procurement process and the performance of contracts are all done with integrity and… Read more »