In a recent Colorado case involving a debt collection agency that stored customer service information in a password protected web database, the Colorado Court of Appeals upheld the enforcement of claims for misappropriation of trade secrets and breach of a nonsolicitation agreement against a independent sales agent who left to work for a competitor. The […]
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When most people think of charity and fundraising, they think of public efforts such as a GoFundMe to account for a tragic loss of a loved one or a car wash for the high school volleyball team. They may also think of public entities like the Make-A-Wish Foundation and The Susan G. Komen Foundation. However, charitable giving can also be […]
Most often the value of legal services is expressed in terms of avoiding risks and loss, which is very true. This line of reasoning focuses on how a small business is able to keep the revenues it generates, keep its assets, protect its assets and resources, and similar issues. Beyond avoiding risks or losses, it […]
Estate Planning Unplanned Inheritance When an owner dies, without specific planning, their business interest becomes a part of their estate. Without a will or directive, the assets in the estate will be transferred in probate according to state law. This transfer could also result in tax consequences depending on the value of the estate. As […]
Your company‘s intellectual property (IP) rights are among its most valuable business assets. When properly obtained, managed, and enforced, they have immense value and protect the company’s commercial power. Every business should periodically conduct an IP audit to ascertain their rights, the extent of protection they are entitled to, and the value of the company’s IP assets. Informed business decisions require an in-depth understanding of the […]
You started the new year with a big idea for your company; maybe you even have more than one. You‘re excited to hit the ground running with it. Still, before you do, it‘s time to consider what types of protections your intellectual property might require. Not securing the appropriate protections jeopardizes your big idea‘s value and impact on your […]
Limited liability companies (LLC) are deceptively easy to form and use. One of the realities of an LLC is that it is a structure under state law, while it can be taxed many different ways under federal law. This is part of its appeal, and a part of its deceptive complexity. Without some careful planning […]
The Lawful Activities Statute, C.R.S. 24-34-402.5 One of the exceptions to the general rule that an employer can terminate an at-will employee at any time for any reason as mentioned in an earlier post, Employees and Independent Contractors: The Basic Framework, is the statutory protection of an employee’s legal off-duty activities. Under the Lawful Activities […]
One of the functions that an attorney can provide, and that The Griess Law Firm, LLC offers to clients, is the IP Audit. Many of the fundamental assets held and used by businesses are intellectual property assets. However, many times, businesses have not taken the actions they are able to take to fully protect or […]
Two guys that I really like and respect are Chuck Blakeman of the Crankset Group and David Sandusky of Your Brand Plan. Each recently posted an article that I found very insightful. Chuck wrote You Don’t Own Your Brand Anymore and David wrote Rules and Policies Kill Your Culture, Your Brand. However, I have to […]