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July 2018 Archives

EPLI may be good for employers. Is it enough?

A visit to the online newsroom for the U.S. Equal Employment Opportunity Commission will confirm one thing clearly. This agency tasked with fighting instances of discrimination in the workplace is not shirking its responsibility. News releases announcing new suits or settlements of cases appear almost daily.

Female angel investors becoming more common

In 2004, roughly 5 percent of angel investors were women. In 2016, that number jumped to 26 percent. This is important for business owners seeking capital in Colorado and throughout the country. As the number of women angel investors has surged, the number of companies run by females that have received funding has also increased.

The legal side of creating a new business

Colorado entrepreneurs may have great new ideas that they want to capitalize on. However, going into business is not only about having an excellent idea and the commitment to create a profit-making venture. There are a number of legal considerations that should be considered as well. From the type of legal structure that you choose to the contracts that you enter into, the decisions you make can have a major impact on the future of your business.

Social media and venture capital

There are multiple financing options for entrepreneurs who have good business ideas. In addition to using their own funds, asking family members and friends to invest or trying to obtain a loan from a financial institution, they can attempt to obtain funds from venture capitalists. Startup entrepreneurs may be able to take advantage of social media to get the desired outcome when seeking venture capital.

Discrimination, Experience and the ADA

The Americans With Disabilities Act (ADA) protects people from discrimination in the job market if they happen to have a disability. However, demonstrating this discrimination can sometimes be difficult. Since the ADA doesn’t require that employers give preference to people who have disabilities, how can you prove that’s the reason you were passed over for a job? A recent case in Denver shows how it can play out.

The most important thing startups have to look out for

Entrepreneurs starting a business from scratch have to juggle countless variables simultaneously, which is never an easy task. For instance, someone starting a business in Colorado has to worry about how to optimize their product or service, how to attract top-tier talent and how to market their business as best as possible.

Company, former executive in noncompete dispute

When high-ranking executives walk away from a job in Colorado, they often are bound by noncompete agreements. These contracts attempt to prevent executives from taking trade secrets and other company knowledge to a competitor. One large biotechnology company, Omeros, is engaged in an ongoing legal dispute with its former chief business officer. The company alleges that the executive violated his agreement not to compete with it when he accepted a position with another corporation involved in the development of similar and potentially competitive drugs.