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Avoid contract disputes

Specialized Legal Services for Businesses and Corporations

Whether you’re just starting, expanding your business, or running a major corporation, you’re always going to need legal advice. Legal advice in business is par for the course, and it has nothing to do with having done anything wrong. It’s a misconception that if you run an honest business you shouldn’t run into problems. However, […]

Contract disputes

Non-Disclosure Agreements Protect Your Ideas and Your Business

In a world where transparency is becoming more and more critical to the general public, non-disclosure agreements can feel like you’re trying to hide something. That is a misconception. Non-disclosure agreements for employees and partners are about solidifying trust. Here’s why a business owner, whether you’re a start-up or a multi-billion dollar company, needs to […]

It Pays To Hire a Lawyer at the Beginning of Commercial Real Estate Negotiations

With the rise of technology, it may seem like we’ve traded the physical office space for a cyber office space. However, many businesses still need a physical space to house their business, host clients, sell products, and run their business. But, renting a commercial space can be tricky, and there are many requirements and stipulations […]

Why You Need to Seek Legal Advice Before Entering the Marijuana Industry

Whenever you want to break into an industry, having intimate knowledge of that industry is essential. Now that marijuana is legal in Colorado, we see dispensaries and pot shops pop up like weeds – pun intended. But just because you like to partake in recreational marijuana and consider yourself an entrepreneur, doesn’t mean that you […]

Business Law in Colorado

Why You Need Legal Advice for Your Start-Up

Whether you have a partner or you are going it alone, entrepreneurs and business owners should all be seeking legal advice to protect both their business and their private affairs. It’s okay to mix business with pleasure, but you need to seek the advice of a lawyer, to protect yourself in case the relationship goes […]

Contract disputes

How to Avoid Common Contract Disputes

Although there’s something romantic and honorable about a handshake to solidify a business deal, in the real world, you want to protect yourself by having a comprehensive contract drawn up by legal experts. Contract disputes are amongst the most common problems in business. A hand-shake is a good start, but having a contract will ensure […]

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DO YOUR marketing emails that promote your product or service COMPLY WITH THE LAW?

    Despite its name, the CAN-SPAM Act doesn’t apply to bulk email. It covers all commercial messages, which the law defines as “any electronic mail message the primary purpose of which is the commercial advertisement or promotion of a commercial product or service,” including email that promotes content on commercial websites. The law makes […]

Employment law

Social Media – Employers Can’t Mandate Access

  Colorado law prohibits employers from suggesting, requesting or requiring that an employee or job applicant disclose any user name, password or other means to access the individual’s personal, account through his own computer, telephone, or similar electronic communications device. Also prohibited is compelling the employee or applicant to add anyone as a contact on […]

Cannabis or Industrial Hemp law

Colorado wage secrecy  – TAKE AWAY

  The Colorado Wage Transparency Act went into effect on August 5, 2008. The Act provides, in part that Colorado employers may not: “discharge, discipline, discriminate against, coerce, intimidate, threaten or interfere with any employee or other person because the employee inquired about, disclosed, compared or otherwise discussed the employee’s wages.” The law also prohibits […]

Works Made for Hire

Works Made for Hire Copyright law protects a work from the time it is created in a fixed form. From the moment it is set in a print or electronic manuscript, a sound recording, a computer software program, or other such concrete medium, the copyright becomes the property of the author who created it.  Only […]

Our services – 

Sandstrum Law’s practice is typically around 70% business transactions and 30% business related litigation.  Sandstrum Law handles approximately 90% of a business owner’s legal needs, from start-up, protection, operations, growth through exit, employment and commercial real estate.   • Business Law and Litigation• Capital Raises Private Placement Offerings – securities• Employment agreements, confidentiality/non-competes, Executive Compensation […]

Consequences of erroneous Employee/ independent contractor classifications

The employer who erroneously classifies employees as independent contractors may be liable for past-due taxes, including interest and penalties. Federal tax liability is calculated in either of two ways, depending on whether the IRS finds the error to be an intentional disregard of the law. If the employer did not intentionally disregard the law, it […]

Phantom Equity / stock plans

 Phantom Equity / Stock Plans To retain or recruit key employees companies are implementing “phantom” stock plans. Phantom stock is the grant of a right to the appreciation in the corporation’s stock, with a fixed exercise date and method of calculation. Since phantom stock does not dilute shareholder equity, it is a popular form of executive compensation for […]

Tax comparison of LLC and S corporation

A helpful review checklist: Sandstrum Law believes that checklists are a key part of getting the job done right and meeting client’s goals –  1. Investors: Number and qualification            (a) LLC: No restrictions on number or qualifications for members.           (b) S Corp: Limited number of shareholders with several types of taxpayers barred from membership. 2. Classes of ownership            (a) LLC: Unlimited variations in […]

Does Your Email Marketing Comply with the Law?

Do you use or are you thinking of using email to connect with your prospects and customers?If so, then the payoffs can be fruitful. For every $1 spent on email marketing in 2011, the estimated return on investment was an astonishing $44.25 (source: Pingdom).But did you know that every email you send to your customers, whether […]

How to Apply for an EIN 

Applying for an EIN is a free service offered by the Internal Revenue Service. Beware of Web sites on the Internet that charge for this free service. If you are a home-care service recipient who has a previously assigned EIN either as a sole proprietor or as a household employer, do not apply for a new […]

Employment FMLA Compliance Guide – 

The Family and Medical Leave Act (“FMLA”) provides certain employees with up to 12 workweeks of unpaid, job-protected leave a year, and requires group health benefits to be maintained during the leave as if employees continued to work instead of taking leave. This Compliance Guide summarizes the FMLA provisions and regulations1, and provides answers to the most frequently […]

What an employer should know about employee monitoring

    Employee Monitoring           Monitoring of employees in the workplace falls under the federal Electronic Communications Privacy Act (ECPA) if that monitoring involves electronic communications and/or use of the telephone or voicemail. State constitutional protections may apply in cases of computer monitoring and video surveillance of employee work areas. Common-law invasion of privacy claims may […]

SHOULD YOU converT YOUR existing business entity to an LLC – A CHECK LIST

          I. Can the business entity operate as a limited liability company?A. Under the laws of most states, banks, insurance companies, and similar businesses are required to be organized as corporations and cannot be organized as LLCs.           B. Some states prohibit LLCs from engaging in other businesses, such as providing professional services.           II. […]

PARTIAL CHECKLIST FOR POSSIBLE CONVERSION OF AN EXISTING BUSINESS ENTITY TO AN LLC

Checklist for possible conversion of an existing business entity to an LLC           I. Can the business entity operate as a limited liability company?A. Under the laws of most states, banks, insurance companies, and similar businesses are required to be organized as corporations and cannot be organized as LLCs.           B. Some states prohibit LLCs […]

S Corporations

S corporations are corporations that elect to pass corporate income, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income tax rates. This allows S corporations to avoid double […]

CHECKLIST FOR COMPLYING WITH THE AMERICANS WITH DISABILITIES ACT

CONTACT SANDSTRUM LAW FOR A COMPLETE CHECK LIST OR YOUR ATTORNEY OR TO LEARN MORE         I. Determining Coverage           _____ Ascertain whether the company employed fifteen or more employees for each working day in each of twenty or more calendar weeks in the current or preceding year.           _____ Count employees regardless of whether they are actually performing […]

business owner’s guide to an asset purchase

Sandstrum Law Client checklist/questionnaire for asset purchase.                   A. The Parties  1. Full Legal Name of the Company whose assets are to be Acquired (the “Seller”): [name]  2. State of Incorporation of Seller: [state]  3. Name and Address of Purchaser (the “Purchaser”):                 [name]                 [address]  4. Will Purchaser Use a Subsidiary to Acquire […]

INDEPENDENT CONTRACTORS – Consequences of erroneous Employment classifications

The employer who erroneously classifies employees as independent contractors may be liable for past-due taxes, including interest and penalties. Federal tax liability is calculated in either of two ways, depending on whether the IRS finds the error to be an intentional disregard of the law. If the employer did not intentionally disregard the law, it […]

CDOT losses appeal to board – sandstrum law wins

Sandstrum Law wins appeal by Colorado Department of Transportation. See 2014B003 for State Personnel Board’s Final Order.  This is a great result and victory for state employees of Colorado, but particular Terry Sullivan who has battled not only a life changing illness but CDOT as well.  

Raising money for your business

There are many different ways to raise capital for your business through equity and/or debt financing.  If you need assistance or a quality referral, such as bankers, investment bankers, VC’s, private equity, angel investors, asset-based lenders, etc., let us know. Sandstrum Law is about making connections to assist business owners to continue to move their […]

DENVER POST- A needed change for state employees  

Sandstrum Law’s recent trial victory against CDOT has brought attention to significant problems with the State’s Administrative Judicial System. READ http://lnkd.in/bTnT2Pz – read the Judges decision at  2014B003 

July 29th, 2014

Colorado Professional Network (CPN) is comprised of dedicated industry leaders, from different professions, who are not only excellent at what they do, but understand that it is all about making connections. CPN members work together to share business contacts and their spheres of influence to support and enhance each members business to help one another […]

July 27th, 2014

Sandstrum Law can help guide you through the maze of Employment laws and regulations in both Colorado & California – call today.  The Colorado Minimum Wage Order Number 30 (7 CCR § 1103-1), effective January 1, 2014 regulates wages, hours, working conditions, and procedures for  certain employers and employees in Colorado. The Wage Order is […]

July 27th, 2014

Sandstrum Law thanks all of its connections for moving business forward, and is proud to be the top 5% of profile views on Linkedin quality people and businesses.

exempt or not exempt employee, that is the question

Sandstrum Law – knowledge is power.  Many employer’s miss-classify their employees, which can be a very costly mistake.  Exemptions – Exempt Employees [Colorado Minimum Wage Order Number 30] The Division of Labor refers to the Colorado Minimum Wage Order Number 30 (hereafter referred to as the Wage Order) to answer questions about exempt and non-exempt employees. The Administrative, […]

considerations – buying / selling a small business

          When buying and/or selling a business, countless questions abound for the buyer and seller. The following questions help ensure that the parties know what they are getting into and to help the process run smoothly.           1. Considerations for the Seller during the sales process:           Should I sell?          When should […]

A Precious child denver chamber non-profit of 2014

IA  Precious Child named Denver Metro Chamber’s 2014 Large Non-Profit of the Year –  I am proud to be a Board Member for A Precious Child and provide thousands of dollars in legal services matters on a Pro Bono basis. Freedom to Give Back –   Check out www.apreciouschild.org

July 11th, 2014

Sandstrum Law provides over $5,000.00 in Pro Bono (free) legal services in the formation and organization of a Colorado Non-Profit that serves underprivileged children and elderly Native Americans.  Children of the Pueblo.  Freedom to give back –  

Colorado wage act fact sheet

Sandstrum Law, assisting business owners navigate business and employment issues on a daily basis.

Employment verification requirments

Sandstrum Law – your go to business lawyer.  Employment Verification Law. Colorado law, § 8-2-122, C.R.S., concerning employment verification requirements became effective on January 1, 2007. This law applies to public and private employers who transact business in Colorado, and to employees hired on or after January 1, 2007. There are two main components to […]

Employer overtime, workweek, pay, breaks, meals –

Sandstrum Law – The following contains general insight into Colorado law regarding overtime, workweek, and related issues regarding employees: Employer/Employee should contact or consult Sandstrum Law or an attorney for legal advice as deemed warranted.  Overtime Hours Employees shall be paid time and one-half of the regular rate of pay for any work in excess […]

employer termination of at-will employees – CO

    Sandstrum Law – The following contains general insight into Colorado law regarding termination of at-will employees: Employer/Employee should contact or consult Sandstrum Law or an attorney for legal advice as deemed warranted. Colorado follows the legal doctrine of “employment-at-will” which provides that in the absence of a contract to the contrary, neither an employer […]

what are the advantages & disadvantages of incorporating. 

Generally, the  advantages and disadvantages of incorporating are: 1. The selection of the appropriate form of business organization depends on the client’s present needs and any foreseeable developments that might affect his or her business. Each form has its advantages and disadvantages. 2. The proprietorship offers the small businessperson the benefits of limited interference from […]

June 03rd, 2014

Sandstrum Law obtains dismissal of Bankruptcy Preference Action for a client who provided substantial work and was paid substantial fees in connection with a project for the World Trade Center.  Law done right.     

June 03rd, 2014

I am so proud to serve on the Board of Directors for A Precious Child over the last four years. Colorado based A Precious Child was honored Friday at the Denver Metro Chamber of Commerce’s 2014 Business Awards. A Precious Child was named the chamber’s large nonprofit of the year.  Great work to Carina Martin […]

June 02nd, 2014

Sandstrum Law wins home run ruling with back-pay (past salary) as damages against a very large funded Colorado State agency.  This State agency, in our opinion, and as confirmed by an Administrative Law Judge, wholly disregarded its own rules as well as State and Federal Disability laws – arising out of Parkinson’s disease.  Now the […]

Sandstrum law wins at arbitration

After a lengthy trial and contentious proceeding, Sandstrum Law’s client was awarded all of its attorney’s fees, expenses and  damages.     Sandstrum Law – Experience Law Done Right. 

February 20th, 2014

Check out Sandstrum Law’s resource page under my “More” page on this website.  It is your one stop for key Colorado resource links, including the list below.  If you have any other suggested resource links, please let me know. Colorado Cities City & County of BroomfieldCity of BoulderBoulder CountyCity & County of DenverCity of Fort […]

college costs – inaction by government – call to action

College tuition is and has been out of control for quite some time.  This impacts our kids and parents who are fortunate enough to have the financial means to pay for the cost of college, including room and board, books, meals, etc.  Why does Federal, State and Local government consistently ignore the desperate impact imposed […]

January 30th, 2014

A Master licensing checklist – don’t do this yourself – use your attorney, cheap is expensive.              1. Recitals/Background/Whereas Clauses             The terms “recitals,” “background,” and “whereas clauses” are all used to refer to the introductory section of most agreements. This introduction usually contains the following information:             — the identities of the parties;             […]

Why Commercial Arbitration provision is Typically Not the Way to Go.

     Arbitration was borne at a time when the court systems lacked necessary processes, procedures and rules to expeditiously move a case along to a quick resolution, and at a time when court procedural rules allowed parties to “paper” the courts causing great delay and unnecessary attorney’s fees to be incurred by the parties.  […]

eMPLOYEE MONITORING

Employee Monitoring  – CONTACT YOUR ATTORNEY TO SEE IF YOUR EMPLOYMENT POLICY REGARDING EMPLOYEE MONITORING OR EMPLOYEE MONITORING ACTIVITY IS IN COMPLIANCE WITH THE LAW.             Monitoring of employees in the workplace falls under the federal Electronic Communications Privacy Act (ECPA) if that monitoring involves electronic communications and/or use of the telephone or voicemail. […]

January 21st, 2014

Thank you so much to CTLF for hosting its annual Holiday Charity Auction in support of my favorite charity that helps underprivileged kids. We raised over $6,000.00.   We have received the following statistics from A Precious Child, sharing the impact that our donation will have on children in Colorado: 10 Sports Scholarships for an entire […]

DO IT RIGHT the first time.  WHILE THIS DISTRIBUTOR AGREEMENT CHECKLIST is helpful, it is wise to CONTACT SANDSTRUM LAW to do it  right.

The goal here is to prevent on the front end disputes down the line with a well-drafted Distributor Agreement. The Distributor Agreement should state the duties, responsibilities and expectations of each of the parties.  Distributor vs. Sales Representative.  Distributors usually will purchase the company’s products at a discount for resale, while independent sale representatives will […]

December 07th, 2013

I am proud to serve as a Board Member for A Precious Child – This year alone APC will donate 2 million dollars in services to help kids/families in need. Great job Carina!   See  http://ow.ly/rykr1 Click to set custom HTML http://www.9news.com/video/default.aspx?bctid=2902689627001

business record destruction checklist – lawsuit mitigation 

Every company should evaluate or reevaluate their record retention and destruction policy for its particular industry/profession. A record destruction checklist is a good idea to help ensure that the policy is followed.  Unfortunately, the improper destruction of business records has resulted become the issue in lawsuits.  The following list may prove useful: Records destruction checklist […]

October 28th, 2013

A Precious Child has teamed up with FEMA for flood relief efforts – those impacted by the recent floods will have a very difficult time getting back on their feet for months to come. See A Precious Child press announcement and how it really impacts the lives of children and their parents.  See Youtube http://youtu.be/6Q_9wQ6hRnU

BACK TO BASICS CONTRACTS AND WHY BUSINESS OWNERS SHOULD TAKE ADVANTAGE OF “GENERAL COUNSEL”

Understanding and recognizing what constitutes a contract is key to understanding many legal questions and avoiding legal pitfalls.  Often a dispute centers on whether a contract existed in the first place and not necessarily on whether your client/customer has violated a contract.  Other disputes center on whether a change in circumstances has made a contract […]

October 13th, 2013

Negotiation – Does your agreement represent what you want and agreed?  There are many pitfalls in supplier, manufacturing, distribution, packaging type agreements and not all of these agreements fit your particular needs.  It is much less expensive to have a contract done right the first time then engaging in an expensive dispute or lawsuit.   I […]

CHECKLIST FOR TRADE SECRET PROTECTION

Potential Sources of Trade Secrets: A trade secret may consist of any information that the company feels is valuable enough to justify taking some measures to protect.  For example, the following may constitute trade secrets, the cost of materials, profit margins, financial plans, banking relationships, the names of investors, marketing strategies, business relationships, budgets, management […]

October 07th, 2013

EXPERIENCE LAW DONE RIGHT There are many good lawyers.  What separates Sandstrum Law from the rest is excellent service, integrity and creativity. Sandstrum Law, client focused results.  

September 30th, 2013

Vail Resorts Inc. bounced back well from one of the worst snow seasons in Colorado history, reporting Friday that its profit rose by 129 percent during its recently completed 2012-13 fiscal year. Let’s hope it’s a good ski season as well.  See http://www.bizjournals.com/denver/news/2013/09/27/earnings-up-significantly-for-vail.html

cOLORADO ANTI-DISCRIMINATION ACT FINALly IS UP WITH THE times – AT LEAST IT WILL BE IN 2015

Effective 2015 new employment discrimination provisions of the Colorado Anti-Discrimination Act (CADA) regarding employers found guilty of unlawful discrimination or retaliation, in violation of the CADA, can be held liable for compensatory damages, punitive damages and attorney fees. CADA cases also will be able to be tried to juries. Currently, CADA doesn’t permit compensatory damages […]

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