LLC vs LTD Colorado Limited Liability Company vs Limited Liability Corporation

 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 formations and liability requirements, business owners often find themselves in legal hot water or facing lawsuits for personal liability. Understanding the differences can turn… Read more »

Litigating Breach of Common Law Contract Remedies

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 »

Avoid Costly Mistakes With Colorado Age Discrimination Laws

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. Age Discrimination… Read more »

Excusable and Non-Excusable Delay in Government Contracts

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 »

Merger and Acquisition of Federal Contractors

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 »

Small Business Mergers and Acquisitions – Present Effect Rule

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 Liability Partnership – Forming LLP

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 »

Filing or Intervening SBA Small Business Size Protests

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 »