When sellers in Colorado execute a business sale and purchase agreements or share 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… Read more »
If you are thinking about forming a Colorado limited liability company, you must develop and file the Business or LLC Articles of Incorporation with the Secretary of State. Other states may sometimes refer to the articles as a certificate of incorporation. Colorado Articles of Incorporation are governed by Section 7-80-203… 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 »
Failure to Grasp the Basics Of Forming a Single Member Can Leave Exposed to Personal Liability and Creditors Get help with Colorado LLC operating agreement single member companies There are various types of business entities under the various state laws. In the case of a single-member LLC under LLC Colorado… Read more »
When an employee files an EEOC complaint that alleges discrimination, Colorado employers should immediately file an employer EEOC position statement rebuttal. This response is very important for building defenses against discrimination. When your employee files a complaint with the Colorado EEOC, it can investigate you to determine whether there is… Read more »
Novating a contract that involves a federal government contract can be painless so long as buyers and sellers of businesses understand how the process works. In addition, before committing to a future sale or purchase of a business, understand the difference between an assignment vs novation. All should be aware… 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 novation law and the sale of a business and assignment of contract issues. There are various legal nuances involved with assignment and… 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 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 »