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April 2019 Archives

Patent trolls pose a problem for companies

When a person in Colorado creates a new product or improves upon an existing one, he or she may be given a patent. The purpose of the patent is to provide the creator the exclusive right to sell or license the product for a certain period of time. While patents are supposed to reward innovation, some have chosen to acquire patents for the sole reason of engaging in infringement litigation.

Clearbanc expands financing options for e-commerce startups

Many entrepreneurs in Colorado pursue business ideas related to e-commerce. A new company called Clearbanc has developed a financing model specifically for e-commerce startups that differs from venture capital. The company provides money to qualifying applicants to support online marketing efforts that drive sales. Instead of requiring an equity stake in a developing company, Clearbanc collects fees starting at 5 percent of top-line monthly revenues until the lender recovers the cash advance.

Photographer loses copyright case involving corporate logo

Those who follow copyright law in Colorado may be interested in a court case of interest involving a famous photograph and an iconic product logo that just ended. After the Supreme Court refused to hear the appeal, the Ninth Circuit Court of Appeal's opinion stood.

Tech company accused of withholding age discrimination evidence

If an older worker has their job terminated, the Older Workers Benefit Protection Act (OWBPA) requires employers to inform the worker if this is part of a staff reduction program and who is specifically being affected by it. If there is evidence suggesting that this is primarily targeting older workers, then the worker could avoid signing something that ends their jobs and leaves them with less than they deserve.

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