One of the first steps to the process of mergers and acquisitions (M&A) is introducing confidentiality and non-disclosure agreements (NDAs). This step is crucial in the beginning as it details exactly what information within the buyer and seller exchange should be protected as confidential, thus limiting how the buyer can utilize that confidential information. NDAs […]
On August 10, 2022, Colorado House Bill 22-1317 amended the state’s existing non-compete law by tightening restrictions on employers and increasing potential penalties. Essentially, Colorado tightened up its prohibition on the use of non-compete and non-solicitation agreements, by more clearly and narrowly defining the exceptions and creating more liability for employers who violate the statute. […]
Businesses risk a great deal when they share their trade secrets with employees or other individuals and entities—like franchises, business partners, or potential buyers. These trade secrets can be the lifeblood of a company. What happens if one of those individuals or entities walks away with a client list, a secret recipe, or a cutting-edge […]
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