What Are the Most Common Causes of Partnership Disputes?
Business partnership disputes often arise for various reasons as partners operate a company together and work together. The problem with conflicts is the strain and potential fracture they can cause in business partner relationships and their risk to the company. Some of the most frequent reasons for Colorado partnership disputes arise from: Breach of Fiduciary Duty Each business partner must act in the best interests of the company. Misappropriating company monies, taking business funds that belong to the business for personal benefit, or taking any action that could hurt the monetary interests of the […]
Intellectual Property Protection in the Gig Economy
Working remotely, the gig economy, and contract work is increasing exponentially. Companies from many different business sectors are all filling in labor gaps with gig or contract workers. Many of them perform their contracted duties remotely. While this is convenient for both the company and the contractor, it opens the door to many business risks. One of the most […]
Confidential Information Regarding Clients in a Dynamic Internet Database Can Be Trade Secrets and Support a Nonsolicitation Agreement
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 […]