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By Craig Watrous A well-crafted LLC operating agreement is critical for the business and its owners. Ultimately, the operating agreement is the blueprint for how the company will be managed and addresses how payments will be made to the members, how transfers of ownership will be handled, what happens if a member dies or becomes…
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Top Lines of Attack in Colorado Breach of Contract Litigation Jul 26, 2022 By: Reed Morris Many inefficiencies in commercial litigation practice can be eliminated by simply focusing on what matters. In our view, it is far too common that lawyers argue (usually with a straight face) that obscure contract defenses are applicable and devote inordinate…
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9 Things to Consider When Buying a Business May 11, 2022 The acquisition of a business is one of the most complicated transactions a business (or entrepreneur) can enter into. Deciding between buying the new business under an asset purchase or a stock purchase arrangement could occupy a series of blog posts in and…
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Top 10 Items to Request in Due Diligence Process as a Potential Buyer Apr 28, 2022 Due Diligence – What is it and why is it so important? When you are buying a business, due diligence is essentially the process of reviewing the company you are about to buy. All too often not enough time,…
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Cyber Security Concerns in M&A Transactions Apr 19, 2022 Cyber security is an important consideration in mergers and acquisitions. This is because you could be buying an enormous amount of unknown liability. Cyber security is becoming a key factor in analyzing the amount of risk that a financial strategic buyer will take on after an…
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