Colorado Business Law Questions & Answers

Q: I work for a small biz as an employee and was sued personally (small claims) for a mistake the biz made. What do I do?

1 Answer | Asked in Business Law, Civil Litigation and Employment Law for Colorado on
Answered on Dec 12, 2017

Hire an attorney, A company policy is not the law and they can sue you and the company. You'll have to respond to the complaint and defend yourself at trial if necessary.
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Q: Can I use the standard meal allowance method to calculate M&IE deductions when traveling internationally for business?

1 Answer | Asked in Business Law for Colorado on
Answered on Nov 16, 2017

Yes, just make sure you use the international tables not the domestic.

INternational: https://aoprals.state.gov/content.asp?content_id=184&menu_id=78

Domestic: https://www.gsa.gov/travel/plan-book/per-diem-rates

Publication 463: https://www.irs.gov/publications/p463
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Q: Hi, I foolishly paid a fee for a loan consultant service when starting up a business; help me not pay?

1 Answer | Asked in Business Law and Contracts for Colorado on
Answered on Nov 15, 2017

It's going to depend on the contract and whether they followed state funding laws whether you can get out of the obligation or get any money back. Let me know if you'd like to setup a consult and we can discuss costs and options.
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Q: Can Corporate titles be changed when when the company is in negotiations to be sold?

1 Answer | Asked in Business Law for Colorado on
Answered on Oct 27, 2017

Well, as you are ready to decorate the other half of your company as CEO/President (even if useless title) there seems to be no impediments in your way. Currently you both are on equal terms having 50:50 share in your company and other liabilities if not otherwise spelled out in articles of partnership deed. The moment you sell out, your partner will evidently become 100% shareholder or say full owner of that company, that means, the very nomenclature of the company is bound to change and...
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Q: We moved from NM to CO w/ two LLCs. We have to dissolve the LLCs in NM, correct? Just Articles of Dissolution needed?

1 Answer | Asked in Business Law for Colorado on
Answered on Oct 26, 2017

Not quite, to avoid tax issues it's often better to create the new LLC in Colorado and contribute your interests in the NM LLC to the CO LLC then dissolve. Remember that if you dissolve a company you are taxed on the FMV of the assets reduced by your basis. It's going to depend on your basis, FMV, and other factors which approach is best.
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Q: We run an ecommerce site to sell products

1 Answer | Asked in Business Law for Colorado on
Answered on Sep 27, 2017
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Q: Does a retention agreement, where my company is moving locations (and I am not) and I am being retained for two months

1 Answer | Asked in Business Law and Employment Law for Colorado on
Answered on Sep 1, 2017

Not automatically. Any deviation from prior contractual agreements should be included in the retention agreement.
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Q: Is it legal for a car dealership to sell a car while it is off the lot and being test driven by another person?

1 Answer | Asked in Business Law and Consumer Law for Colorado on
Answered on Aug 30, 2017

Unless you or your broker had a contractual arrangement to hold on the sale of the vehicle, the dealership can sell a car that is not on the lot and/or is being test driven. If the dealership "sold" the car without really selling the car to simply prevent the broker from forcing a discount on the vehicle, the broker could potentially to sue dealership (and have you, the buyer, enter as a 3rd party beneficiary), but this would be a hard case to prove (and likely the legal costs would exceed the...
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Q: Is it legal to have people sign a non-compete when testing out a dating method? Please read more for details.

1 Answer | Asked in Contracts, Business Law and Consumer Law for Colorado on
Answered on Aug 6, 2017

The non-competes would be very difficult to enforce under Colorado law. The "test run males" are not working for you they are the customers.Non-competes can't be enforced against customers, you can't stop someone from using another firms services. You could ask them to sing non-disclosure agreements but again they are difficult to enforce. I'm making an assumption you have a legitimate business method and we're not talking about prostitution. If it is a truly new and unique method you would...
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Q: If I have a title for a vehicle I traded into a dealership, can I go get it from the dealership?

1 Answer | Asked in Business Law, Contracts and Lemon Law for Colorado on
Answered on Jul 6, 2017

You should hire an attorney. This is a tricky situation that's going to have to be handled with a bit of care.
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Q: I have a rent to own agreement and the landlord wants me to sign a new lease. How long do I have to respond?

1 Answer | Asked in Business Law, Family Law and Real Estate Law for Colorado on
Answered on Jun 26, 2017

There is no set time except for any set forth in the offer. An offer may be withdrawn if not accepted within that period. However, the real issue here is for you to take steps to enforce your original agreement. Alternatively, you may have a claim for unjust enrichment. You should retain an attorney to review that agreement and advise you.
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Q: Start a online business from home in Colorado. I don't have a room set aside for home office. Do I need to register

1 Answer | Asked in Business Law for Colorado on
Answered on Jun 20, 2017

Yes, you must register with the state for any business operated in the state and/or located in the state. Your local county and likely city will also require registration and taxation for all non-service business transactions.
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Q: Can a lawyer call you on your personal phone and at work to collect a personal debt owed to his friend?

1 Answer | Asked in Business Law, Collections and Personal Injury for Colorado on
Answered on Jun 8, 2017
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Q: What type of tax filing option is best for my business?

2 Answers | Asked in Business Law and Tax Law for Colorado on
Answered on Jun 6, 2017

You should seek out a tax attorney to advise you. You're asking for legal advice and attorney's can't provide legal advise to people who are not their client.
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Q: Signed non compete. Territory was expanded without new contract. Does the original contract apply to territory changes?

1 Answer | Asked in Business Law and Contracts for Colorado on
Answered on May 11, 2017

You will need to contact a lawyer directly (and pay for their opinion) to review the contact and the circumstances to provide a legal opinion.
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Q: If the company I work for doesn't have a policy on marijuana, can I be randomly tested or fired for it?

1 Answer | Asked in Contracts, Employment Law and Business Law for Colorado on
Answered on May 4, 2017
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Q: The company didn't pay return shipping cost for wrong item shipped. UPS held me responsible for the bill as a shipper

1 Answer | Asked in Business Law, Collections, Lemon Law and Consumer Law for Colorado on
Answered on Apr 4, 2017

You may have grounds for a case. You should continue to try to seek an agreement between you and the seller (not UPS), but if this does not work litigation is your best choice. You likely qualify for small claims court. You may need an attorney for assistance, but you are not required to have an attorney.
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Q: can the denver rescue mission give work therapy without being licenced?

1 Answer | Asked in Employment Law and Business Law for Colorado on
Answered on Mar 30, 2017

A lawyer will need to review the specifics of what "therapy" is being provided. As a general rule, certain types of assistance with finding employment does not require licensing in Colorado. If you are referring to VA work, full compliance with state and federal rules usually required. Justia's Q&A cannot provide specific legal advice or legal opinions, so you should contact a lawyer directly.
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Q: I need to change my 10 mo. old business from a general partnership to a sole proprietorship. Which way should I do this?

1 Answer | Asked in Business Formation and Business Law for Colorado on
Answered on Mar 29, 2017

Sell the partnership (assets and membership/profit interests) to you as an individual for whatever price is deemed fair by all, But consider an LLC, which protects personal assets, as an alternative to a sole proprietorship.
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Q: Can I sue the Solar panel Company?

1 Answer | Asked in Business Law and Consumer Law for Colorado on
Answered on Mar 28, 2017

You can contact an attorney directly to review the specifics of the agreement you signed. I would assume that the solar panel company disclaimed any assertions for a specific savings related to the install, but you never know. The phone recording may be material, but oral statements are usually voided by any written agreement you signed. Justia's Q&A cannot provide specific legal guidance or advice, so the review of your case will have to occur offline with an attorney.
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