
BLOGS
Business Insurance: What Kinds of Insurance Does My Business Need?
This is what you need to know about all kinds of business insurance, including general liability, professional liability, business owner’s policies (“BOP”), property insurance, workers’ compensation, commercial auto insurance, and errors and omissions (“E&O”).
Don’t be Startled When Starting a New Business: What to Know Before You Start a New Business
Starting a business can feel daunting, but the initial steps are often simpler than they seem. The real challenge isn’t just starting—it’s starting strong and staying compliant. Building a business on a solid legal and financial foundation takes foresight and careful planning. That’s where good legal guidance makes all the difference. Here are a few key issues you’ll want to consider.
Non-Disclosure Agreements, Liquidated Damages, & Trade Secrets
Non-disclosure agreements (NDAs) can be a powerful tool used to protect a company’s secret and proprietary information that gives it a competitive edge. This blog guides you through NDAs, and related concepts like liquidated damages and trade secrets, so you know how likely a court would be to enforce your NDA.
Stock and Membership Interest Purchase Agreements: How to Come Out on Top in the Sale or Purchase of Your Company
How to Structure and Execute a Stock or Membership Interest Purchase Agreement
Buying or selling ownership in a business through a stock or membership interest purchase agreement is a major transaction with legal and financial consequences. Whether you’re acquiring shares in a corporation or membership units in an LLC, the following step-by-step guide explains how the process works and what to watch for along the way.
Don’t be Pierced by the Corporate Veil: Avoiding Personal Liability for Your Business
Are you worried about being held personally liable for what employees do within your business? This blog discusses the Colorado standard of liability for business owners, and what to do if you find yourself in a sticky situation in the corporate realm.
Asset Purchase Agreements: Securing Your Business Acquisition
For business owners considering selling or acquiring a company, the path to unlocking future growth is often paved with complex legal and financial decisions. Choosing an Asset Purchase Agreement (APA) might seem like a straightforward way to maintain control, but beneath the surface lies a minefield of potential issues. Without expert guidance, you risk inheriting unforeseen liabilities, disputes over asset valuation, and even challenges to the deal's enforceability. These pitfalls can derail your strategic objectives, leading to significant financial losses and protracted legal battles that drain your resources and jeopardize your company's future.
The Socially Conscious Entity: Public Benefit Corporations
The public benefit corporation is one of the most recent developments in corporate law. The essence of this new form is that directors are permitted under their fiduciary duties to consider purposes other than profit in decision-making. The public benefit corporation has therefore been described as different from the traditional corporation, which in some measure must be devoted solely to a for-profit motive. The public benefit corporation has been hailed as the “new corporate form” – one that permits a corporation to both earn money and serve a social purpose.
The ABCs of LLCs: How to Start Your Small Business Today
Do you currently own or plan on starting your own small business in Denver, Boulder, or anywhere along the Front Range? Do you need help filing your articles of incorporation or developing an operating agreement for your Colorado limited liability company? If so, read this blog to find out about more about LLCs and why it is the perfect business model for your small business.
Material Breaches of Contract & Common Remedies
Contracts are everywhere. You and everybody you know engages in contracts multiple times in a single day. When you walk into to your supermarket, you have an implied contract to buy groceries. Despite this, many people don’t know the basics about contracts. This blog discusses basic contract issues such as breach of contract and the typical remedies for such a breach.
Defeasance — How You Can Sell Your Commercial Property When Prepaying Your Commercial Real Estate Loan Is Not Allowed
Do you want to sell or re-finance your Colorado commercial real estate property, but can’t prepay on your property’s current loan? This blog will help you understand the defeasance process to get out of your loan. Since 2014, GLO has been the leading law firm in helping Denver property owners optimize their options and navigate the loan prepayment process.
How Independent Contractors Are Different from Employees and Why You Should Care
For Colorado business owners, classifying workers correctly is more than just a formality—it’s a legal and financial imperative. Misclassifying an employee as an independent contractor can expose a business to back taxes, penalties, and even litigation. But what’s the actual difference between the two categories, and how does Colorado and federal law determine the line? This article breaks it down so you can protect your business from costly mistakes.