As a lawyer who deals with a lot of contractors, I’ve seen a lot of challenges in the construction industry in the 2020s. Anecdotally, it seems like construction costs have exploded in that time, and data from the Colorado Construction Cost Index Report (CCI) seems to back this up. According to that metric, construction costs [...]
In May, Colorado amended the Consumer Protection Act through Senate Bill 24-205 to add regulations for artificial intelligence. The law extends some of Colorado’s existing regulations against discrimination by algorithms and adds a large number of disclosure and reporting requirements to those who develop and deploy AI. A General Outline of the New Law The [...]
The Housing Bill: What You Need to Know When God closes a door, he opens a window. Recent legislation concerning the use of technology to make decisions related to housing in Colorado is a good example of this. Whereas the industry celebrated the loss of a bill that would have flatly banned the use of [...]
If you or your business decides to go into a business transaction with another person or entity, you might be forming a joint venture. Joint ventures offer businesses a pathway to shared resources, expanded markets, and increased profitability. However, like any partnership, joint ventures can encounter challenges, particularly when it comes to owner disputes. One [...]
Your choice of business structure isn't just a checkbox on a form. It's a decision that can shape the entire trajectory of your business. Like laying down the foundation for a house, it affects everything from how you pay taxes to how you protect your assets. And let's face it, these decisions can make or [...]
In September of 2022, the United States Financial Crimes Enforcement Network (FinCEN) published a rule that generally requires all legal entities to register their owners with the federal government. By way of background, entities such as Corporations, Limited Liability Companies, Limited Partnerships, and others tend to be created by statute by individual States. Colorado, like [...]
Introduction: Understanding FAMLI Starting in 2024, businesses have to comply with the Colorado Paid Family and Medical Leave Insurance (FAMLI) program, CRS 8-13.3-501, et seq. This law is more than just an excellent example of legislators working overtime to find a clever acronym. It requires significant action by businesses employing Colorado residents. Generally speaking, it [...]
In 2021, Colorado adopted the Equal Pay Act (C.R.S. s. 8-5-101, et seq.), a law aimed at diminishing gender pay disparities. The Ensure Equal Pay for Equal Work Act of 2024 amends this statute to include stronger requirements mostly connecting to job posting. Human resources and payroll companies should pay close attention, as their business [...]
As a leading Denver business attorney, we've noticed the pressing issue of homelessness in the city. Likely related to the state’s astounding property value increases and increased population, the streets, parks, and lots in the metro area have been accumulating homeless people living in tents and campers. While these unfortunate individuals should be pitied and [...]
I have been expecting the United States economy to enter a recession for some time now. Maybe this is because I watch the same news cycle as everyone else, with all of its sensationalist, doom-and-gloom forecasts. Maybe it was my experience representing businesses that struggled during the 2018 recession triggered by a housing bubble that [...]
