In August 2022, significant changes to Colorado’s non-compete and restrictive covenants became effective with the Restrictive Employments Agreement Act. In a nutshell, the new statute made it much more difficult for employers to enforce non-compete agreements unless a worker earns over a certain salary and has true access to trade secrets and could use those […]
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. […]
In a recent Colorado case involving a debt collection agency that stored customer service information in a password protected web database, the Colorado Court of Appeals upheld the enforcement of claims for misappropriation of trade secrets and breach of a nonsolicitation agreement against a independent sales agent who left to work for a competitor. The […]
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