Law
Starting a New Business
Starting a new business is actually quite simple: get an employer identification number (EIN) from the Internal Revenue Service. In some industries you also need to get a business license, for example for sales tax purposes. Some businesses have further licensure obligation(s), with some licensure state required (realtor) and some locally required (Contractor). You don’t […]
OIL AND GAS
Opportunity Many folks have benefited from the expansion of oil and gas exploration and development in Northern Colorado. There are several elements to this opportunity that need to be understood. Mineral Interests Ownership of land does not necessarily mean the landowner owns all the subsurface rights. A determination of the subsurface or mineral interests must […]
Longmont Attorney Ted Bendelow General Counsel
General Counsel. I get asked all the time, what does that mean? I describe it as a cross between traffic cop, family physician and paramedic. I represented a major auto racing organization, with 50,000 members, for 25 years. I have represented a motorcycle racing organization with 5,000 members for over 20 years, since its formation. […]
Construction Law-Insurance
I represented an owner who hired a contractor to build a large equestrian center. The roofing was put on upside down! The result was that water leaked into the building, soaking the insulation, which in turn fell on the floor in great sheets, damp, smelly and a general mess. The resulting litigation involved the owner, […]
Business Law-joint owners
It is a common practice when two folks start a business to decide on joint ownership. It might be as 50-50 partners in a partnership, or 50% ownership in stock, or as equal members and joint managers of an LLC. Let me suggest it is a recipe for major trouble, or a disaster. The problem […]
Cam Charges
When tenants are negotiating a lease for a commercial property they commonly look at the rent as the main financial term. While that is critical, there is another critical element, and that is the Common Area Maintenance or CAM charges. [more…] Those are the charges for the common area of the building. The definition of […]