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. […]
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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 […]