Legal Updates

Business owners are frequently asked by a creditor to personally guarantee the obligations of the company.   For example, landlords and banks typically seek personal guarantees from owners with respect to a company’s lease or loan obligations.

Three owners of a business are struggling – maybe it is the economy, maybe it is their relationship.  Two of them have control of the company and decide to liquidate the company, but plan to continue working with the same clients without the third owner.  Is it really that easy?

Often co-owners of a business struggle with their relationship.  After all, this is rather like a marriage and it takes a lot of time and effort, a lot of respect, and some luck, to make it all work out. When it doesn’t, what can you do?

Read the article on BizJournals.

Buy a Business or Start Up - Buying and selling businesses is not for the weak or timid. Protect yourself:

Ned states, "Demand for acquiring privately-held businesses has never been higher. Recently, I wrote about this unprecedented demand in the Denver Business Journal and the opportunity it poses for small and medium-sized business owners.

Under the Affordable Health Care Act, clients that have an existing Medical Expense Reimbursement Plan (MERP) should contact their current health care insurance professional and determine whether their MERP plan is in compliance with the new regulations by the deadline of December 31, 2013.  It may need to be terminated before January 1, 2014.

Yesterday, the Colorado Court of Appeals decided that it is legal to fire an employee who tests positive for marijuana EVEN if the employee has a state-licensed Medical marijuana card and uses marijuana on personal time.

Recently, an employee of American Medical Response of Connecticut (AMR) posted critical remarks about her supervisor on her personal Facebook page, from her home computer, on her own time.  

On May 31, 2011, the Colorado Supreme Court reversed the Court of Appeals decision in the Lucht’s Concrete Pumping, Inc. v. Horner matter.

Since Colorado legalized the medical use of marijuana, employers are questioning whether their drug free workplace policies are still enforceable.

With the CDC’s recent elevation of the pandemic alert to Level 5 for Swine Flu, employers should be prepared to consider the following issues: