Colorado Business Attorneys
By Craig T. Watrous What is a Letter of Intent or an LOI? If you’re considering selling or purchasing a business, you’ve likely heard of a letter of intent, sometimes called an LOI or intent letter. So what is it, and why do you need one? A letter of intent is a non-binding (usually) offer…
read moreBetween 2012 and 2014, the number of companies in the US hit by cyber security breaches doubled. There is now a common expression in the information security industry: “There are only two types of companies: those that know they’ve been compromised, and those that don’t know.” What is interesting about malware cyber attacks is that…
read moreBy: Craig Watrous We’ve written a number of blog posts and articles on the enforceability of non-compete agreements in Colorado. There’s often a misconception that non-competes aren’t enforceable in Colorado. This is simply untrue. Non-compete agreements are enforceable in Colorado, but they must fall under one of the exceptions in Colorado’s non-competition statute §C.R.S. 8-2-113….
read moreTrade Secrets Part 5: Do You Own a Trade Secret? Sep 13, 2015 By Reed Morris The issue of whether something is a trade secret under Colorado law is a “question of fact” meaning that the decision is one generally found, on a case by case basis, and not subject to a single bright…
read moreThe Enforceable Elements of Non-Competition Agreements Mar 14, 2014 The Enforceable Elements of Non-Competition Agreements By: Craig T. Watrous Non-competition agreements, also known as covenants not to compete or simply “non-competes”, are becoming increasingly popular and important in today’s competitive, technical business environment. Employers rely on such agreements to prevent key employees, who may have…
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