Colorado LLC Laws — LLC Personal Liability Protection

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 »

FAR Government Mandatory Flow Down Clause & Subcontractor Requirements

Not all contractor FAR Clauses are Mandatory Flow down Clauses to subcontractors. 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. The reality is that different types of awarded… Read more »

Limited Liability Company vs Limited Liability Corporation Ltd vs LLC

 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 »

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 »

SBA Fraud – Criminal Defense for Disadvantaged Small Business Program

On the issue of defrauding the government under the SBA Disadvantaged Small Business Program, there many recent small business government contract SBA fraud 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 fraud under… Read more »

Excusable Delays in Construction Government Contracts

An excusable delays in construction 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… Read more »

Mergers and Acquisitions 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 »