In any successful business partnership, trust is not just expected; it's essential. When two or more individuals enter into a business venture, they assume legal and ethical obligations to one another. These obligations are referred to as “fiduciary duties,” and they form the foundation of professional cooperation. When a partner prioritizes personal interests over those of the business or the partnership, they may be in violation of these legal duties.
Under Colorado law, fiduciary duties often arise from formal agreements, such as partnership contracts or operating agreements. However, these responsibilities can also stem from the very nature of the relationship. In most partnerships, especially those where each party holds managerial authority, each partner is considered a fiduciary to the others. This means they are expected to act in good faith, exercise reasonable care, and put the success of the business before their own individual gain.
A breach of fiduciary duty can seriously disrupt a company’s operations and lead to legal disputes, financial loss, and reputational harm. Understanding what fiduciary duty entails and how violations are handled in Colorado is key to protecting your business interests.
Fiduciary duty encompasses several legal and ethical responsibilities that partners owe to one another and to the partnership as a whole. While these duties can vary slightly depending on the structure of the business and any governing documents, the most universally recognized include:
These duties require more than just avoiding outright theft or fraud; they demand proactive honesty and a shared commitment to the business’s well-being.
A breach occurs when a partner violates one or more of their fiduciary obligations, resulting in harm to the business or the other partner(s). These breaches can be obvious or subtle, and not all are easily detected. Below are some of the most common scenarios that lead to claims of fiduciary breach:
These actions not only violate legal duties but can also damage the long-term success of the partnership. In many cases, the injured party may not realize the extent of the harm until after the business has suffered a major financial or reputational blow.
If you suspect that your business partner has breached their fiduciary duty, it is crucial to take swift and informed action. Under Colorado law, you have the right to pursue legal remedies when your partner’s misconduct has harmed the partnership or your interests as a co-owner.
Depending on the severity of the breach, the following remedies may be available:
Colorado courts consider the facts of each case carefully. If the breach involved intentional misconduct or resulted in significant damage to the company, the court may impose punitive measures to prevent future harm.
If you’re unsure whether a breach has occurred, consulting with a legal professional can help clarify your situation. Our breach of fiduciary duty attorneys can investigate your case, examine financial records, and assess whether legal action is warranted.
One of the best ways to reduce the risk of a fiduciary breach is to clearly define each partner’s role, authority, and limitations in a written agreement. A well-drafted partnership agreement can serve as a roadmap for managing the business and resolving disputes before they escalate.
To prevent misunderstandings and minimize exposure, consider the following proactive steps:
While no contract can eliminate all risk, strong agreements can deter misconduct and provide a legal foundation for holding a partner accountable if something does go wrong.
When a trusted business partner betrays their obligations, the impact can be both personal and professional. Many business owners feel blindsided when a longtime associate begins acting against the interests of the company. These situations require more than just emotional reactions; they require strategic legal guidance.
If you suspect wrongdoing, don’t delay in seeking legal support. The longer a breach continues, the more damage it can cause. With experienced counsel, you can uncover evidence, assess liability, and take steps to protect your business’s value and future.
If you’re dealing with a possible breach of fiduciary duty in your business partnership, contact us today to schedule a consultation. We’ll work with you to pursue accountability, secure your rights, and restore trust where it matters most.
Few things are more alarming for a government contractor than receiving a notice of default termination. If you’ve been awarded a federal contract, you’ve likely invested substantial time, personnel, and resources to fulfill your obligations. When an agency suddenly terminates that contract for default, it not only disrupts your business; it threatens your future in the federal contracting arena. Knowing how to respond quickly and strategically is essential.
At Downey & Associates, we help businesses throughout Denver and nationwide defend their rights when they face adverse actions under federal contracts. If you’re dealing with a termination for default (T4D), here’s what you need to know and what you should do immediately.
A termination for default occurs when a federal agency ends a contract because it believes the contractor has failed to meet key obligations. This could include missing deadlines, delivering subpar goods or services, failing to comply with contract terms, or any action the agency views as a material breach.
This is different from a termination for convenience, where the government ends the contract even if the contractor has done nothing wrong. While a termination for convenience allows for partial compensation, a termination for default can result in severe consequences, including financial penalties and negative performance ratings that could impact future awards.
Federal agencies are required to follow specific guidelines before terminating a contract for default. Some of the most common reasons they cite include:
Agencies often issue a “cure notice” or “show cause notice” before taking final action. These notices are a warning and an opportunity to explain or fix the issue. How you respond at this stage can determine whether the contract is salvaged or terminated.
Once you receive a T4D notice, time is of the essence. Here’s what you should do:
Start by reviewing your contract terms, especially the Federal Acquisition Regulation (FAR) clauses related to default (such as FAR 52.249-8 for fixed-price supply and service contracts). Compare the agency’s claims to the actual contractual requirements. In many cases, agencies incorrectly assert default when the contractor was acting within the contract’s scope or was delayed due to excusable causes.
Gather all records related to performance, including emails, delivery logs, progress reports, subcontractor communications, and change orders. This documentation can help prove that you fulfilled your obligations or that delays were caused by factors outside your control, such as government interference or supply chain disruptions.
FAR allows for “excusable delays” in some situations, including extreme weather, acts of God, labor disputes, or other unforeseen events. If one of these conditions contributed to your inability to perform, it might negate the default. You’ll need strong documentation and timely communication to support this defense.
Before finalizing a termination for default, agencies typically issue a cure notice (giving you time to correct deficiencies) or a show cause notice (asking you to explain why the contract should not be terminated). Respond to these notices with detailed explanations, supporting evidence, and a commitment to corrective action when appropriate. Your response should be strategic, factual, and professional; it will become part of the administrative record.
This is not a situation to handle alone. The stakes are high: a default termination can result in claims for excess reprocurement costs, contract debarment, and a black mark on your record with the System for Award Management (SAM). An attorney experienced in federal contract law can help you build a defense, prepare a formal dispute, or negotiate a conversion to a termination for convenience, which is far less damaging to your business.
Yes. Contractors have the right to challenge a termination for default by filing an appeal. You can appeal to either:
Appeals must typically be filed within 90 days of the final decision (for Board of Contract Appeals cases) or within 12 months if filing in the Court of Federal Claims. Your appeal must clearly explain why the default was improper and present strong evidence that supports your position.
Too often, contractors wait until the termination is finalized before seeking legal help. By that point, opportunities to correct or mitigate the situation may be lost. Involving a federal contracts attorney early allows you to evaluate your risk, respond appropriately to agency notices, and potentially resolve the issue without the need for formal litigation.
At Downey & Associates, we represent contractors across a wide range of industries who do business with federal agencies. Whether you’re a defense contractor, IT provider, construction firm, or SBA-certified small business, we know how to protect your rights and your reputation when things go wrong.
If you've received a cure notice, show cause letter, or a formal termination for default, we can help you assess the facts, develop a sound response strategy, and take decisive legal action. Our federal government contracts attorneys are here to help you challenge unjust actions and keep your business moving forward.
Don't let a default termination define your company’s future. Contact us today for a confidential consultation and take the first step toward protecting your government contract and your livelihood.
Property taxes are a necessary part of homeownership and business operations, but they can be a significant financial burden. Fortunately, Colorado offers several property tax exemptions that help reduce these costs for qualifying homeowners, businesses, and organizations. If you own property in Colorado, it’s important to understand what exemptions are available and how they can benefit you.
Property tax exemptions work by lowering the taxable value of a property, which in turn decreases the amount owed to the local government. While exemptions don’t eliminate property taxes completely, they can lead to substantial savings. Homeowners who qualify may see hundreds or even thousands of dollars in tax reductions each year. Below, we’ll explore some of the most common exemptions in Colorado and how to take advantage of them.
One of the most widely used property tax exemptions in Colorado is the Senior Property Tax Exemption. This exemption provides relief for residents who are 65 years or older and have lived in their primary residence for at least 10 consecutive years. It reduces the taxable value of the home by 50% of the first $200,000, which can lead to significant savings, especially for retirees living on a fixed income.
Similarly, the Disabled Veteran Property Tax Exemption offers a comparable benefit to veterans who have a 100% permanent service-connected disability. This exemption was created to assist veterans who have served their country and now face financial challenges due to their disability. Like the senior exemption, this benefit applies to 50% of the first $200,000 of a home’s value.
Both exemptions require an application through the local county assessor’s office. The deadline for applications is typically July 15 of the year in which the exemption is being claimed. If approved, the tax reduction will be reflected in the following year’s property tax bill. Because these exemptions apply only to a homeowner’s primary residence, second homes, vacation properties, and rental properties do not qualify.
Nonprofit organizations that own property in Colorado may also be eligible for a tax exemption. To qualify, the property must be used exclusively for religious, charitable, or educational purposes. This includes churches, schools, hospitals, and other nonprofit institutions that provide services to the community.
The nonprofit exemption is not automatic—organizations must submit an application to the Colorado Division of Property Taxation, providing documentation that proves their property is used solely for qualifying nonprofit activities. In some cases, an on-site inspection or additional paperwork may be required to confirm eligibility. Once approved, the organization can enjoy property tax savings indefinitely, as long as the property continues to be used for its intended nonprofit purpose.
Colorado offers a special property tax classification for agricultural landowners that can lead to lower tax rates. This exemption applies to land that is actively used for farming, ranching, or horticultural purposes. Agricultural properties are assessed based on their productive value rather than market value, which often results in a lower tax assessment.
To qualify for this exemption, landowners must prove that their property is being used for agricultural purposes. This often requires submitting evidence such as tax records, lease agreements, or documentation of crop or livestock production. Additionally, agricultural property owners may qualify for conservation easements, which provide additional tax benefits for land that is preserved for open space or environmental conservation.
In an effort to encourage sustainable energy solutions, Colorado provides property tax exemptions for homeowners and businesses that invest in renewable energy systems. If you have installed solar panels, wind turbines, or other renewable energy technology on your property, you may qualify for a property tax exemption that reduces or eliminates the added taxable value of the system.
This exemption ensures that installing solar panels or other energy-efficient systems will not increase a property owner’s tax burden. The exemption applies to both residential and commercial properties, making it an attractive option for individuals and businesses looking to lower energy costs while also benefiting from tax relief.
To claim this exemption, property owners must apply through their county assessor’s office, providing documentation of the renewable energy system installation. This exemption can lead to significant long-term savings, making renewable energy investments even more cost-effective.
Applying for a property tax exemption in Colorado requires submitting the appropriate forms and documentation to the relevant tax authority. The application process varies depending on the exemption type, but in most cases, homeowners and property owners must submit proof of eligibility by a specific deadline. Missing these deadlines can result in forfeiting the exemption for that tax year.
For homeowners applying for the Senior or Disabled Veteran Property Tax Exemption, applications are due by July 15 of the year in which the exemption will take effect. Forms can be obtained from the local county assessor’s office or downloaded online. In addition to completing the application, applicants must provide documentation proving age, residency, or veteran status.
Nonprofit organizations, agricultural property owners, and renewable energy system owners must follow separate application processes, which often involve submitting additional paperwork or supporting documents. If an application is denied, property owners may have the option to appeal the decision or provide additional evidence to prove eligibility.
Understanding the different property tax exemptions available in Colorado can be overwhelming, especially when trying to determine eligibility and submitting the necessary paperwork. Mistakes in the application process can lead to missed opportunities for tax savings, which is why seeking professional guidance is often beneficial.
A property tax attorney can help ensure that you receive all the exemptions you qualify for and assist with appeals if an application is denied. Attorneys with experience in property tax law can also identify additional tax-saving opportunities that property owners may not be aware of.
Property tax laws and exemptions can change over time, so working with an expert ensures that you remain informed of the latest updates and adjustments. Whether you’re a homeowner looking for senior tax relief, a nonprofit organization seeking an exemption, or a business investing in renewable energy, having legal assistance can streamline the process and help maximize savings.
If you need assistance with your property tax exemption application or have questions about your eligibility, contact us today. Our team is here to help you understand your options and secure the tax benefits you deserve.
If you’ve been injured in a car accident in Denver, one of the most pressing questions you may have is how long you have to file a claim This is a critical question because the timeline for filing a personal injury claim in Colorado is governed by specific laws, and missing this window can have severe consequences. In this blog, we’ll explore the statute of limitations for car accident claims in Denver, the importance of acting quickly, and what steps you should take if you're nearing the deadline.
The statute of limitations is the legal time limit within which you must file a lawsuit after being injured in a car accident. In Colorado, the statute of limitations for filing a personal injury claim related to a car accident is generally three years from the date of the accident. This means that from the moment the accident occurs, the clock starts ticking, and you have exactly three years to bring a lawsuit against the party responsible for your injuries.
This three-year period might seem like ample time, but it can pass quickly, especially when you’re dealing with the physical, emotional, and financial repercussions of a serious car accident. It’s crucial to be aware that if you do not file your claim within this three-year window, you may lose your right to pursue compensation. Once the statute of limitations has expired, the courts typically will not allow you to file a lawsuit, regardless of how strong your case might be.
However, there are certain exceptions to this rule. For example, if the accident involved a government vehicle or if the injured party was a minor at the time of the accident, the filing period may differ. In cases involving government entities, you may have only 180 days to file a notice of claim, which is a much shorter timeframe. Additionally, if a minor is injured in an accident, the statute of limitations might be extended until they reach the age of 18. Given the complexities of these exceptions, it’s essential to consult with a knowledgeable attorney who can help you determine the exact deadlines that apply to your case.
While the law allows up to three years to file a claim, waiting too long can harm your case in several ways. The more time that passes, the harder it becomes to gather the necessary evidence to support your claim. Physical evidence from the accident scene, such as skid marks or vehicle damage, can deteriorate or disappear over time. Witnesses to the accident may also become harder to locate, and their memories of the event can fade, making their testimony less reliable.
Additionally, medical documentation is crucial in personal injury cases. If you delay seeking medical treatment or fail to follow up with healthcare providers, it can be challenging to prove that your injuries were directly caused by the accident. Insurance companies often scrutinize the timeline of when you sought treatment, and any gaps can be used to argue that your injuries were not severe or were caused by something other than the accident.
Early action also ensures that your attorney has sufficient time to thoroughly investigate the accident, consult with experts, and build a strong case on your behalf. The process of filing a claim involves collecting a substantial amount of documentation, including police reports, medical records, witness statements, and more. The sooner you begin this process, the better prepared you will be to face any challenges that may arise.
If you’ve been involved in a car accident in Denver, there are several steps you can take to protect your rights and strengthen your personal injury claim. First and foremost, seek medical attention immediately, even if you don’t think your injuries are severe. Some injuries, such as whiplash or internal injuries, may not be immediately apparent but can have serious long-term consequences. Getting a thorough medical evaluation not only ensures your health and well-being but also provides important documentation that can support your claim.
Next, it’s important to document everything related to the accident. This includes taking photographs of the accident scene, your injuries, and any damage to your vehicle. If possible, collect contact information from any witnesses and make sure to obtain a copy of the police report. Keeping detailed records of your medical treatment, including all doctor visits, medications, and therapies, is also essential.
It’s also advisable to keep a personal journal of how your injuries are affecting your daily life. Document your pain levels, any limitations on your activities, and the emotional impact of the accident. This information can be invaluable when it comes to negotiating with insurance companies or presenting your case in court.
If you find yourself nearing the three-year deadline to file a claim, it’s imperative to take immediate action. The process of preparing a lawsuit takes time, and the closer you get to the deadline, the less time your attorney has to gather evidence, interview witnesses, and prepare your case. Filing a lawsuit at the last minute can also leave you vulnerable to mistakes or oversights that could weaken your claim.
When you reach out to an attorney, they will begin by conducting a thorough evaluation of your case. This includes reviewing all available evidence, assessing the extent of your injuries, and determining the potential value of your claim. Your attorney will also advise you on whether any exceptions to the statute of limitations apply to your situation, which could extend the filing deadline.
In some cases, your attorney may be able to negotiate a settlement with the at-fault party’s insurance company without going to court. However, if a fair settlement cannot be reached, filing a lawsuit may be necessary to secure the compensation you deserve. An experienced attorney will be able to guide you through each step of the legal process and advocate for your best interests.
Don’t wait until it’s too late to take action. If you’ve been injured in a car accident in Denver, our personal injury attorneys are here to help you understand your rights and pursue the compensation you deserve. We encourage you to reach out to us today to discuss your case and explore your legal options. Let us help you secure the justice and financial recovery you need to move forward.
In business, agreements often start with a handshake or a conversation. Many businesses operate on the principle of trust and verbal commitments. However, this leaves a crucial question: are these verbal agreements legally binding? At Downey Law PC, we provide guidance on both verbal and written agreements, helping our clients understand the legal standing of such commitments.
This blog delves into the nuances of verbal agreements in business transactions, highlighting when they are legally enforceable and the complexities involved in proving such agreements in a court of law.
Verbal agreements, like their written counterparts, can be legally binding if they satisfy certain legal criteria. For an oral contract to be enforceable, it must include an offer, acceptance of the offer, a mutual intention to establish an agreement, and an exchange of value, known as consideration.
The primary challenge with verbal contracts is not their legality but proving their terms and existence. In the absence of written documentation, the specifics of the agreement can be challenging to verify, which can lead to potential disputes. To mitigate such issues, our team of business transactions attorneys strongly advises documenting significant agreements in writing.
Despite their potential validity, verbal agreements have limitations under the law. Certain types of transactions are required by the Statute of Frauds to be documented in writing to be legally enforceable. These include agreements related to the sale of real estate, contracts that are expected to last more than one year, and promises to pay someone else's debts, among others.
Additionally, verbal agreements may fall short in legal settings if they lack clear, agreed-upon terms, or if one party cannot provide evidence of the other party’s consent to those terms. Such conditions highlight the importance of having a written contract that can decisively prove the intentions and agreements between parties.
Proving the existence and specifics of a verbal agreement in court is often complex. However, certain types of evidence can support the credibility of a claimed agreement. These include emails, text messages, witness testimonies, and behavior from both parties that indicates a mutual understanding was in place.
Documentation like this can significantly bolster a case, yet the inherently ambiguous nature of verbal agreements often leads to uncertain legal outcomes. The credibility of the witnesses and the consistency of the stories shared by the parties involved play a critical role in court decisions.
While verbal agreements may suffice for informal or low-stakes agreements, formalizing significant business agreements in writing is prudent. Written contracts provide a clear framework and record of the agreed terms and can substantially ease the enforcement and resolution of disputes. They serve as reliable evidence should disagreements arise, facilitating a smoother legal review and decision-making process.
Moreover, drafting a contract with professional legal assistance ensures that all essential terms are clearly defined and legally sound. This not only enhances the enforceability of the contract but also minimizes the risk of future disputes.
If you're involved in business transactions, whether frequently entering into contracts or occasionally dealing with agreements, professional legal counsel is indispensable. Dealing with contracts without a solid understanding of the legal implications can expose your business to significant risks.
Whether you need help drafting a contract, understanding the legalities of verbal agreements, or resolving a dispute arising from a breach of contract, our experienced team is ready to assist. If you're considering entering into a business agreement or need help with an existing verbal contract, reach out to us today. Our team is committed to ensuring that your business transactions are protected and effective.
Embarking on a home renovation project in Denver is an exciting venture that promises to transform your living space into something uniquely yours. However, before you pick out paint colors or start dreaming of kitchen upgrades, it's critical to understand how local zoning laws could influence your renovation dreams. Denver's zoning regulations play a pivotal role in what you can and cannot do with your property, potentially impacting everything from building extensions to the height of your new fence.
Why are these laws so crucial for Denver homeowners to grasp? Zoning regulations ensure the city develops in an orderly and planned manner, protecting residential areas' integrity and ensuring that all modifications adhere to safety and community standards. Let's dive deeper into how these laws might affect your next home improvement project and explore strategies to navigate the zoning landscape successfully.
Zoning laws in Denver are a complex web of regulations that dictate land use and building activities within the city. These rules cover a wide range of aspects, from structural height limits to setback requirements and the percentage of land that can be covered by buildings. For homeowners, this means that seemingly straightforward projects like adding a new deck or converting an attic into a living space could require a thorough review of zoning ordinances.
One common hurdle is the floor-area ratio (FAR), which limits the total square footage of all buildings on a lot relative to the lot size. Understanding these restrictions beforehand can prevent the frustration of having to modify your plans after the fact. It's a good idea to consult Denver's zoning code or speak with a zoning expert to clarify how these rules apply to your specific project.
The intricacies of zoning laws make professional guidance not just helpful, but often essential. A seasoned zoning issues and disputes attorney can provide the clarity and direction needed to ensure your renovation project doesn't hit legal snags. Whether it's interpreting the zoning code, applying for variances, or navigating the permit process, having legal expertise on your side can streamline your project and mitigate the risks of non-compliance.
Experts in zoning law can also assist in appealing decisions or representing your interests in disputes, such as objections from neighbors or enforcement actions by the city. Their advice can be the key to unlocking the full potential of your property within the framework of local regulations, ensuring that your renovations enhance your home's value and livability without violating zoning laws.
Successful home renovations in Denver start with thorough planning, with a keen eye on zoning regulations from the outset. This preparatory step can illuminate opportunities and limitations, guiding your design choices to align with legal requirements. For example, understanding zoning can help you maximize your property's usable space by identifying permissible extensions or additions that won't infringe on setback requirements or FAR limits.
Moreover, considering zoning laws during the planning phase can inspire creative solutions that comply with regulations while fulfilling your aesthetic and functional goals. Whether it's designing a multi-level addition that respects height restrictions or a landscape project that enhances your property without violating green space requirements, zoning-aware planning is essential for a smooth renovation process.
Zoning regulations, while often viewed as obstacles, can also serve as guides to enhancing your property's value and appeal. By navigating these laws skillfully, you can undertake renovations that not only meet your needs but also comply with city planning objectives. This careful balance can result in improvements that boost your home's market value, contribute to the neighborhood's character, and even set a positive precedent for future development in your area.
Adhering to zoning laws ensures that your renovations are sustainable and beneficial in the long term, adding value to your property and the community. It's about finding harmony between your vision and the collective vision of Denver's residents, as expressed through zoning codes. This approach fosters a cooperative relationship with the city and your neighbors, paving the way for a more seamless and enjoyable renovation experience.
At Downey & Associates, PC, we're committed to helping Denver homeowners navigate the complexities of zoning laws with confidence and ease. Our expertise in real estate and zoning laws means we're ideally positioned to guide you through every aspect of your renovation project, from initial planning to final execution. We understand the nuances of Denver's zoning regulations and can provide the legal support needed to ensure your project proceeds without a hitch.
If you're contemplating a home renovation and want to ensure it aligns with Denver's zoning laws, reach out to us today. Our team is ready to assist you in realizing your dream home renovation while staying within the bounds of local regulations. Let Downey & Associates, PC be your partner in bringing your vision to life, ensuring that every aspect of your project is in perfect harmony with Denver's zoning laws.
Considering a real estate transaction, or need assistance with property ownership issues in Denver, Colorado? Contact Downey & Associates, PC at 303-647-9399 for client-focused legal representation and guidance on property ownership complexities in Colorado.
When it comes to property ownership in Colorado, there are various types of ownership structures to consider. Understanding these differences is important for anyone involved in real estate transactions or seeking legal guidance. In this blog post, we will explore the various forms of property ownership in Colorado, providing valuable insights to help you make informed decisions. Whether you are a homeowner, investor, or business owner, this knowledge will empower you to navigate the complexities of real estate in Denver, Colorado.
Sole ownership is the simplest form of property ownership, where an individual holds complete ownership rights to a property. This structure provides full control and decision-making authority over the property. While it offers simplicity, sole ownership also means assuming all the risks and obligations associated with the property.
Joint tenancy is a common form of property ownership among couples, family members, or business partners. In this structure, each owner has an equal share and right to the property. Importantly, joint tenancy includes the "right of survivorship," meaning that if one owner passes away, their share automatically transfers to the surviving owner(s) without going through probate.
Tenancy in common is another form of shared property ownership, allowing multiple owners to hold unequal shares in a property. Each owner has the right to sell, lease, or mortgage their share independently. Unlike joint tenancy, tenancy in common does not include the right of survivorship. Upon an owner's death, their share is passed on to their heirs or named beneficiaries.
Community property is a type of ownership structure available to married couples in some states, including Colorado. Under community property laws, property acquired during the marriage is considered jointly owned by both spouses, regardless of individual contributions. In the event of divorce or death, community property is typically divided equally between the spouses.
LLC ownership provides a popular option for real estate investors and businesses. An LLC combines the limited liability protection of a corporation with the flexibility and tax advantages of a partnership. Holding real estate within an LLC can help protect personal assets from potential liabilities and provide tax benefits.
Using a trust for property ownership offers numerous advantages, including privacy, asset protection, and estate planning benefits. A trust allows the property owner (grantor) to transfer ownership to a trustee, who manages the property for the benefit of one or more beneficiaries. Trusts can be tailored to meet specific goals, such as avoiding probate or minimizing estate taxes.
Condominiums, or condos, involve owning individual units within a larger property complex, along with a shared interest in common areas like pools, gyms, and gardens. Owners are part of a condo association that manages the property and are responsible for monthly fees covering maintenance, shared utilities, and insurance. Condos offer individual ownership with the benefit of shared amenities but come with the responsibility of association fees and adherence to community rules.
In a cooperative, or co-op, residents own shares in a corporation that owns the building, rather than owning their unit directly. The number of shares typically corresponds to the unit's size or value. Co-ops are managed by a board of directors, and residents pay monthly fees for maintenance and other expenses. The co-op structure emphasizes community decision-making and can involve a rigorous approval process for new residents, with more complex resale conditions compared to condos.
Understanding the different types of property ownership in Colorado is vital for anyone involved in real estate. Each structure has unique benefits and considerations, and the right choice depends on individual circumstances and goals. For expert guidance, consult with a knowledgeable real estate attorney in Denver like Downey & Associates, PC.
Considering a real estate transaction, or need assistance with property ownership issues in Denver, Colorado? Contact Downey & Associates, PC at 303-647-9399 for client-focused legal representation and guidance on property ownership complexities in Colorado.
Everyone gets their day in court. Even really strange folks and entities too. Well, it seems there’s a defamation lawsuit case in Boulder County District Court in which a famous UFO researcher has allegedly been saying humiliating and harmful things to the online community that could injure Gaia, Inc.’s professional reputation.
“Denver Luciferian coven equals CIA front” and “Satanists” are some of the accusations made by UFO and crop circle researcher, filmmaker and Nederland resident (who will remain un-named for this blog), the lawsuit alleges.1
New Age Company Sues UFO Researcher for Defamation | Denver Business and Commercial Litigation Lawyer
There’s no shortage of bizarre accusations and claims made by both sides in this stranger than fiction case:
There are defamation laws in every state. The following are the four main things that must be proven by plaintiffs to win a defamation case:
Has someone defamed your company or organizations by making false or contemptuous statements? If so, you need the expertise of the Denver Business and Commercial Litigation Lawyer with Downey & Associates, PC. Our goal is to find the most cost-effective resolution to your business dispute. We’ll seek to resolve matters through arbitration and private settlement meetings, but if an agreement can’t be reached we are aggressive in our litigation methods and strategies. To schedule an appointment, call us today at 303-647-9399 or send us an e-mail.
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1“UFO filmmaker who called former client ‘Luciferian’ sued for defamation” published in Business Den, Aug. 2018.
2“Gaia sues Boulder UFO filmmaker for defamation” published in Daily Camera, Aug. 2018.
Both Uber and Lyft must feel a bit vulnerable following a decision by Washington’s Supreme Court decision to allow the government to disclose data on what Seattle neighborhoods they serve. The ruling overturns a lower court’s decision to grant an injunction that sided with the transportation companies right to keep data secret.
The state Supreme Court, while agreeing that the data qualifies as trade secret material, sent Uber and Lyft back to the lower court, where they must now prove that public disclosure of their data is “clearly not be in the public interest and would substantially and irreparably damage a person or a vital government interest.”1 If Uber and Lyft cannot prove their case in the lower court, they’ll both lose trade secret status for their data.
The following details, claims and allegations surrounding the ride-share trade secret case were gathered from recent news reports:2
We’re not sure ourselves, but their legal teams might start looking at some legal precedents to apply in their next appeal, if any are made. What this case does do, however, is wake up small businesses and growing companies of the governmental bureaucracy at work. They should especially be wary of having to submit information deemed proprietary or trade secrets in nature.
Did you have an employee or contractor steal company trade secrets? Or are you being asked to provide information to a government agency with material your company deems proprietary and company trade secrets? Then contact the Denver Trade Secrets and Intellectual Property Lawyer with Downey & Associates, PC. We specialize in helping clients with sensitive legal matters involving intellectual property law. To schedule an appointment, call us today at 303-643-9399 or send us an e-mail.
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1“Uber and Lyft May Have to Disclose Seattle Data They Claim Secret, Supreme Court Rules” published in The Seattle Times, June 2018.
2“Ride-Sharing Services Lose Latest Trade Secret Battle” published in Labor Employment Perspectives, June 2018.
Oasis Brewing was once one of Colorado’s sweetheart microbreweries in Boulder – sporting an Egyptian motif with larger than life palm-leaf fans and hieroglyphs on the taproom walls. The brewery enjoyed a decade-long run in that famous location near the intersections of Broadway and Canyon. But as more and more microbreweries emerged, they pinched on Oasis’ success forcing the breweries’ closure. In 2014, Oasis’ owner George Hanna was talked into resurrecting the brewery by his son and son-in-law, banking on the microbrewery’s still notorious brand of beers.
That dream has taken nearly four years to realize, because Hanna hadn’t found a location suitable for the business’ relaunch. So, they spent the last few years creating contract brews for a few other breweries, such as Prost and Crazy Mountain. The search took Hanna back to Boulder, then back to Denver, and finally the West Highland neighborhood. That’s where he found the Beth Eden Church building (built in 1931) that has stood vacant since about 2007 and was supposed to have date with a wrecking ball. Caving to irate neighbors, RedPeak Properties decided to save the church, but not before a nasty court battle ensued over the zoning of the property the church was located on.
“We were anxious, but also patient, to find the right spot. I don’t think we could have done any better,” says Oasis co-owner and longtime Boulder restaurateur George Hanna. “I love the space. It makes me smile every time I walk in here.”1
The following details about the long zoning dispute over the Beth Eden Church and Highlands Square were gathered from local news reports:2
The Oasis Brewer, which is located on the first two floors of the old church building, will include a seven-barrel brewhouse, a spacious taproom, and a patio for with space 50 people.
If you have a development project that is hitting roadblocks because of zoning issues or constituents opposed to the project, contact the experienced Denver Zoning Issues and Disputes Attorney at Downey & Associates, PC. To set up a free, initial consultation, call us today at 303-647-9399 or use the message form on the right-hand side of the page.
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1“Oasis Brewing Will Rise Again Inside Historic Highlands Square Church” published in Westword, April 2018.
2“The City Takes Blueprint Denver Back to the Drawing Board” published in Westword, March 2016.
3“The City Takes Blueprint Denver Back to the Drawing Board” published in Westword,