All too often, the business owners we help have made the mistake of getting deeply involved in a business with one or more other owners without taking adequate time up front to communicate with the other owner(s) and to put in place important agreements for the business. While many...
Read moreA recent study by the U.S. Chamber of Commerce Institute for Legal Reform shows that “small businesses bear an inordinately large share of the costs” of lawsuits in the United States. The study defined small businesses as those with less than $10 million in annual revenue and found that,...
Read moreSmall Business Saturday, a shopping promotion that takes place the Saturday after Thanksgiving, has grown in popularity in response to Black Friday and Cyber Monday (two of the busiest shopping days of the year featuring big box retailers and on-line/e-commerce stores). Small Business Saturday encourages consumers to “shop small,”...
Read moreIn an interesting matter of first impression in Colorado, the Colorado Court of Appeals recently determined that a liquidated damages provision with an option to choose between liquated damages and actual damages is enforceable. The case, Ravenstar LLC v. One Ski Hill Place LLC, 2016 COA 11, concerned contracts...
Read moreThe Colorado Court of Appeals recently held that short-term residential rentals are not commercial use of property within the meaning of restrictive covenants prohibiting commercial use in a residential neighborhood. Houston v. Wilson Mesa Ranch Homeowners Association, Inc., 2015 COA 113 (Aug. 13, 2015). This decision is likely to...
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