corporate law

Corporate Transparency Act Rolls Out New Requirements

Reporting Companies Urged to Take Swift Action to Comply As part of our commitment to ensuring your business remains ahead of regulatory changes, we want to draw your attention to the Corporate Transparency Act (CTA). This act mandates that corporations, limited liability companies (LLCs), and similar entities report specific information to the Financial Crimes Enforcement Network (FinCEN).  Additionally, we want to clarify that our firm, like many in the legal

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Yes, Even Angel Investors Need an Attorney

Yes, Even Angel Investors Need an Attorney

By  Dustin Rickett Being an angel investor is an exciting journey filled with opportunities, risks, and countless decisions. As you navigate the world of startup investments, building a solid foundation for success is crucial. While you may be a savvy investor with a keen eye for potential, you should seriously consider adding an attorney to your team. Before you roll your eyes too hard at an attorney advising you to

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Part 4 7 Things Every Company Needs to Know and Do Now to Ensure Compliance with Colorado’s New Data Privacy Law 

Part 4: 7 Things Every Company Needs to Know and Do Now to Ensure Compliance with Colorado’s New Data Privacy Law 

By Tyler Rauert Data Controllers have important new obligations under Colorado’s newly-enacted Data Privacy Law. They are as follows: Under the law, controllers MUST: Under the law, controllers MAY NOT: Keeping these new obligations in mind, here are the seven things every business should do now in order to ensure compliance with Colorado’s new data privacy law: This issue isn’t going away.  Developing internal privacy expertise is critical to successfully and cost-effectively

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Part 3: FAQs ABOUT COLORADO’S NEW PRIVACY ACT Who Does It Apply to and Three Unique Characteristics

Part 3: FAQs ABOUT COLORADO’S NEW PRIVACY ACT
Who Does It Apply to and Three Unique Characteristics

By Tyler Rauert When did The Colorado Privacy Act take effect?  July 1, 2023. Who Does the Colorado Privacy Act Apply To? The law applies to entities, including nonprofits, that conduct business in Colorado or deliver commercial products or services targeted to residents of Colorado; AND either: The law also applies to service providers, contractors, and vendors that manage, maintain, or provide services relating to the data on behalf of these companies.

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How the U.S. Differs from the E.U. - Part 2: UNDERSTANDING THE GLOBAL DATA PRIVACY LANDSCAPE

Part 2: UNDERSTANDING THE GLOBAL DATA PRIVACY LANDSCAPE
How the U.S. Differs from the E.U.

By Tyler Rauert In the first blog post in our data privacy series, we reviewed what unites the various data privacy regimes businesses are likely to encounter. Now, let’s identify the most important differences among them.   The first and most obvious is that the developed world’s two largest economies, the U.S. and European Union, have different perspectives on data privacy.  In the EU, the General Data Protection Regulation (GDPR) is

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UNDERSTANDING THE GLOBAL DATA PRIVACY LANDSCAPE Part 1 of 4

UNDERSTANDING THE GLOBAL DATA PRIVACY LANDSCAPE
Part 1 of a 4-Part Data Privacy Deep-Dive

By Tyler Rauert Data might be the most valuable asset in today’s economy.  Its capacity to power businesses and transform industries – even industries without mandatory hoodies or kombucha on-tap – is undeniable.  However, as Spider-Man reminds us in every chance he gets, with great power comes great responsibility.  Governments worldwide recognize the power of data and are codifying the duties of data-driven organizations in increasingly inescapable regulatory regimes.   While

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Nasdaq and SEC Adopt Final Executive Compensation Clawback Rules

Nasdaq and SEC Adopt Final Executive Compensation Clawback Rules: What Are the Implications for All Listed Companies?

The Securities and Exchange Commission (SEC) has implemented new rules, now adopted by the New York Stock Exchange (NYSE) and the Nasdaq Stock Market (Nasdaq), requiring all listed companies, including emerging growth companies (EGCs) and smaller reporting companies (SRCs), to create and enforce executive compensation “clawback” policies.  What is a Clawback Policy? Clawback policies generally require publicly listed companies to recover, or “claw back,” excess incentive-based compensation paid to current

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Avoiding-Misrepresentation-and-Fraud-Claims-in-Contracts

Avoiding Misrepresentation and Fraud Claims in Contracts

By Charlie Carlin At Fortis Law Partners, we routinely handle disputes where the plaintiff alleges that the defendant fraudulently induced the plaintiff into entering into a business transaction. A common issue in those disputes is whether the plaintiff signed a contract in which the plaintiff affirmed that, in deciding to enter into the contract, he did not rely on any representations other than what was written in the contract. The

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What-to-Know-About-Summary-Judgments

What to Know About Summary Judgments

By Charlie Carlin In the life cycle of a lawsuit, summary judgment is the parties’ last chance before trial to win the case without having to go to trial or settle. In addition, because summary judgment usually comes after discovery has ended in the case, it is the parties’ first chance to present evidence in their favor and argue their case to the judge. Because you only get one chance

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Business-Litigation-on-Contingency

Business Litigation on Contingency

By David Olsky Complex commercial litigation cases may not be the most common type of contingency cases, but they can be successful. Significant monetary damages can be won for people or companies who are facing unfair or challenging business situations but without the financial means to cover the upfront costs. There are attorneys willing to take on the challenge—if certain parameters can be met. So how do you know if

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