When Businesses Partners Divorce

2018-02-26T19:49:02+00:00February 26th, 2018|Business Divorce, Business Law|

When Businesses Partners Divorce Sometimes events and the planets don’t exactly align in favor of business decisions, requiring business partners to call an end to a merger or partnership. For instance, General Electric recently considered cutting loose of their majority stakeholdings in Denver oilfield services corporation Baker Hughes. That hasty divorce, if completed, would have [...]

What Does “Piercing the Corporate Veil” Mean?

2018-02-23T17:37:24+00:00April 20th, 2016|Business Law|

What Does "Piercing the Corporate Veil" Mean? If you own a business, you probably have heard about the "corporate veil" and perhaps wondered what it is. In Colorado, a corporation is formed when its organizers file articles of incorporation with the Colorado Secretary of State's office; to create a limited liability company, the organizers file [...]

Are Card and Board Games Legal in Colorado?

2018-02-23T17:50:25+00:00April 1st, 2016|Business Law|

Are Card and Board Games Legal in Colorado? I have noticed a proliferation in card and game stores in Colorado since 2010. A lot of this growth is on the back of very lucrative games like "Magic: The Gathering," that encourage customers to enter tournaments hosted by card and game stores that award prizes in [...]

Customer Contracts and You

2018-02-23T18:01:00+00:00March 26th, 2016|Business Law|

Customer Contracts and You Taken very broadly, American civil law deals with how we sort out disputes between private people (or organizations) that do not involve a crime. Where they did not have a chance to meet and discuss their obligations and rights among each other beforehand, such as in a car accident between strangers, [...]

There Are Times When You Can’t Be Your Own Witness

2018-02-23T20:27:05+00:00February 20th, 2016|Business Law|

There Are Times When You Can't Be Your Own Witness A sales rep from Littleton, Colorado called me recently to help him collect an override bonus he was entitled to for training a new colleague. The expected bonus was sizeable, but unpaid, and he wanted to sue. His problem was that the bonus arrangement was [...]

Why Written Agreements Are Essential In Business

2018-02-16T22:55:54+00:00February 2nd, 2016|Business Law|

Why Written Agreements Are Essential In Business I get a lot of calls from people who are owed money, but the person who owes won't pay up. Most of the time they need to collect a payment from a customer, but sometimes they want to collect a promised bonus or get a loan repaid. They [...]