Selecting, hiring, and training key employees requires a significant investment of time and resources. To protect that investment, many Colorado businesses require their employees to sign non-compete agreements as a condition to employment. Before doing so, there are...
As a general rule, where a corporation acquires the assets of another corporation, the acquiring corporation does not become liable for target’s debts. Bd. of Cty. Comm’ns v. Park Cty. Sportsmen’s Ranch, LLP, 271 P.3d 562, 572-73 (Colo....
Contractors whose clients have ended up in bankruptcy face unique problems and risks that must be managed. One of those risks is an action seeking to recover alleged preferences under 11 U.S.C. § 547. What are preferences? At a high level, 11 U.S.C. § 547 may allow a...
Sooner or later, most businesses have to make the tough decision to terminate an employee. In making and carrying out the decision, care should be taken to avoid common pitfalls. Check the Employment Agreement Colorado is an at-will employment state. This...
Starting a business is an exciting time for an entrepreneur. With all of the promise, passion, and excitement involved, it’s easy to lose track of some fundamental issues. Below are some tips to keep help keep you on track as you develop a business plan. Founder...
