You’ve sold or merged your business, and the transaction has concluded. The next step is corporate dissolution, right? Actually, no. There are a few very good reasons why you shouldn’t dissolve your company immediately after selling it. There is a lot of conflicting advice out there about how to handle wrapping up a business after […]
One of the first steps to the process of mergers and acquisitions (M&A) is introducing confidentiality and non-disclosure agreements (NDAs). This step is crucial in the beginning as it details exactly what information within the buyer and seller exchange should be protected as confidential, thus limiting how the buyer can utilize that confidential information. NDAs […]
When companies are sold or merged, the ownership and management of assets (whether transferring from one company to another or merged into a new entity) can be complex. The mergers and acquisitions (M&A) process involves all tangible and intangible assets, including financial assets. This is where escrow comes into play. Escrow is a common transactional […]
A privacy policy outlines exactly what types of information your business is gathering from website visitors, how you plan to use the information, and how you’ll keep it private. This has become increasingly important in recent years for several reasons. First, your privacy policy helps your business build trust with customers and is a legal […]
Business partnership disputes often arise for various reasons as partners operate a company together and work together. The problem with conflicts is the strain and potential fracture they can cause in business partner relationships and their risk to the company. Some of the most frequent reasons for Colorado partnership disputes arise from: Breach of Fiduciary Duty Each business partner must act in the best interests of the company. Misappropriating company monies, taking business funds that belong to the business for personal benefit, or taking any action that could hurt the monetary interests of the […]
Businesses across many sectors are turning to gig workers more and more to help fill in gaps in their workforce and meet other goals. In many ways, this is an ideal arrangement for both employers and gig workers. There are numerous cost-saving benefits for employers as they do not pay for federal or state payroll taxes, workers’ […]
Contracts perform at least two functions: Notice and Communication: Contracts are a form of communication in which the parties state their intentions and expectations while also providing each other with notice regarding what they care about and how they are wiling to work together. Accountability: Contracts not only provide the parties with information, they also […]
Colorado business owners have frequent involvement in common transactional disputes. At one time or another, most businesses will be involved in transactional conflict or litigation, whether initiating or defending itself against legal claims. Litigation is costly, stressful, and time-consuming. But business ownership is part of the American dream. Although it is a way to make […]
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