We applaud Colorado's new legislation that ends the ban on publicly traded cannabis companies. Read more about the news in The Denver Post.
Cannabis entrepreneurs have developed unique and valuable product ideas, from formulations and recipes to devices such as vaporizers. But can these original ideas be legally protected since cannabis is federally illegal?
As the founder of a startup, you have an amazing business idea that is guaranteed to be the Next Big Thing. But litigation traps big and small await. So how do you protect your company and its assets? How can you avoid litigation?
Many entrepreneurs excel at ideating solutions to business problems. But these impresarios know that once a startup hits a tipping point, they will need to determine how to reach the next stage of growth, whether through funding, M&A and even exit strategies.
A MILLION MORE WORKERS could be eligible for overtime pay if the Trump administration succeeds in extending that right to people who earn less than $35,308 per year, up from the current threshold of $23,660.
When President Donald Trump penned hemp legalization into law late last year via the Farm Bill, hemp companies obviously cheered. But marijuana entrepreneurs also took careful note, because that landmark decision could offer fresh business opportunities to diversify into a plant now legal under federal law.
The United States House of Representatives recently voted 'yes' to H.R. 7. The bill, known as the Paycheck Fairness Act, is an amendment to the 1963 Equal Pay Act. The updated version of the bill extends awards for claims of unequal pay, limits affirmative defense capabilities of employers, and makes it unlawful for companies to establish rules preventing employees from discussing salaries.
On April 1, 2019, the Department of Labor proposed a new “clear, four factor test” to determine joint employer status. If a company is found to be a joint employer under the Fair Labor Standards Act, it is responsible for payment of wages and compliance with the FLSA’s overtime and minimum wage rules for that employee (which can add up to serious liability).
On March 7, 2019, the U.S. Department of Labor (DOL) released its highly-anticipated proposed rule to expand the overtime protections in the Fair Labor Standards Act (FLSA). The FLSA currently exempts from minimum wage and overtime requirements those employees who qualify under the “white collar” exemptions for executive, administrative, and professional employees.
Fortis Law Partners expands the depth and breadth of its practice by welcoming David Olsky to our team. He will be working along with our other lawyers in the firm to continue to provide top legal representation to our clients.
Fortis Law Partners wishes you peace, prosperity, health, and great happiness this joyous holiday season and during the year ahead.
Did you know that it is possible to enter into a legally binding contract without signing anything? Binding contracts can arise all sorts of ways a prudent business person should understand.
On October 18, 2018, the SEC issued a press release announcing the formation and launch of the commission's Strategic Hub for Innovation and Financial Technology (FinHub).
Hemp-derived cannabidiol (CBD) occupies a strange place in the current federal intellectual property framework. Many states authorize hemp production and CBD extraction, and many businesses do just that.
A professional employer organization (“PEO”) can be a great business choice for some companies. But are you fully aware of what you are getting into?
Misclassification: what is it, and what does it mean for your company? The term “misclassification” can be confusing because it is used in a few ways: first, employers can misclassify a worker as an “independent contractor” who is really an employee.
On Tuesday, October 16, 2018, the Colorado Supreme Court heard arguments in Colorado Custom Maid, LLC v. Industrial Claim Appeals Office.