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How to Mitigate Common Commercial Risks to Prepare for a Major Transaction Image

How to Mitigate Common Commercial Risks to Prepare for a Major Transaction

Are you preparing for financing or M&A due diligence now or planning to in the future? If a third party started due diligence on your company today, would you be putting your best foot forward? When you prepare for a major transaction, financing, or exit, an investor or an acquirer…

Employer’s Guide to Navigating Colorado’s New Non-Compete Law Image

Employer’s Guide to Navigating Colorado’s New Non-Compete Law

KO’s article published on June 27, 2022 highlighted Colorado’s crackdown on most non-compete restrictions. HB 22-1317 has now been codified as CRS 8-2-113 and became effective on August 10, 2022. This new law effectively renders unenforceable most post-employment non-competes and other restrictive covenants, including customer non-solicitation restrictions, for Colorado residents.…

Can Businesses Influence Federal Government Contract Terms? Image

Can Businesses Influence Federal Government Contract Terms?

The Role of Federal Acquisition Regulations Securing a federal government contract is often a huge win for businesses, but negotiating contract terms can feel like a massive undertaking that may make you doubt the value of the deal you just won. These contracts can feel overly complex and even non-negotiable,…

As Colorado looks to further limit non-competes, what does that mean for employers? Image

As Colorado looks to further limit non-competes, what does that mean for employers?

In March, when the Colorado General Assembly added a key provision to Colorado’s non-compete statute that put those knowingly out of compliance at risk of criminal charges and fines, it created a buzz among business leaders and employment law experts. Now, a new bill (HB 22-1317) passed by the Colorado…

Colorado Employers: Updated unemployment insurance notification requirements went into effect May 25. Are you in compliance? Image

Colorado Employers: Updated unemployment insurance notification requirements went into effect May 25. Are you in compliance?

Colorado’s legislature has been focused on numerous employment topics this session, including a key update in Senate Bill 22-234 which adds new employer requirements regarding unemployment insurance when an employee is terminated (voluntarily or otherwise). The existing law required employers to provide notice and four key items to employees at the…

Colorado Businesses: Is it time to amend your employment agreements? Image

Colorado Businesses: Is it time to amend your employment agreements?

The real business implications of Colorado’s “new” non-compete legislation Recent updates to Colorado’s non-compete statute have created a buzz among business leaders and employment law experts. Through SB 21-271, the Colorado General Assembly, as of March 1, 2022, added a key provision to Colorado’s non-compete statute, C.R.S. § 8-2-113 (the…

Your Business and Nondisclosure Agreements (NDAs): Confidential Relationships Provide Essential Protections for All Businesses Image

Your Business and Nondisclosure Agreements (NDAs): Confidential Relationships Provide Essential Protections for All Businesses

Almost all businesses have private or confidential information and/or trade secrets that are part of the company’s unique value or competitive advantage. In the course of doing business, there are a number of reasons why this information may be both protected and shared with others, such as employees, potential investors…

Deal Makers or Deal Breakers? How Commercial Contracts Can Impact M&A Image

Deal Makers or Deal Breakers? How Commercial Contracts Can Impact M&A

In a startup’s early years, securing customer deals and negotiating key vendor and partner agreements are big priorities. Done right, these deals give startups both the foundation and the momentum they need to grow and meet key growth milestones. But there are risks, both actual and perceived, in these commercial…