On August 4th, 2016 the IRS proposed new regulations that reduce the ability to use valuation discounts, such as minority and marketability discounts, in transferring family business interests to family members.  See 81 Fed. Reg. No. 150, p. 51413 (August 4, 2016).  Such discounts have been used where families desire to gift business interests faster […]

Scott Clark will be presenting the “Environmental Hurdles, including Water and Mineral Rights” portion of the upcoming Colorado Bar Association CLE program The Life Cycle of a Commercial Real Estate Development.  The program with take place on October 13, 2016, at the CBA Offices at 1900 Grant St., Suite 300, Denver, CO 80203.

The Association for Continuing Legal Education (ACLEA), an international continuing legal education organization, awarded Colorado Bar Association CLE (CBA-CLE) with the Award of Outstanding Achievement in the publication category for its business law book Limited Liability Companies and Partnerships in Colorado by Attorneys Herrick Lidstone, Jr. and Allen Sparkman. “Attorneys Herrick Lidstone, Jr. and Allen […]

New DOL Rule for Overtime Pay

The federal Fair Labor Standards Act (the “FLSA”) has governed the relationship between employers and employees since enacted in 1938 including establishing the 40 hour work week and a minimum hourly wage. It also governs when employees must be paid overtime. The FLSA and the rules interpreting the statute set forth three tests to determine […]

Herrick Lidstone will be a speaker today, at the Colorado Bar Association’s 2016 Legislative Update co-sponsored by the Business, Tax, Real Estate, and Estate and Trust Law Sections.  Herrick will be providing the legislative update for the Business Law Section.  Among other things, during the 2016 session of the Colorado General Assembly, Herrick has testified […]

Herrick Lidstone will be a speaker on June 8, 2016, at the Colorado Bar Association’s 2016 Legislative Update co-sponsored by the Business, Tax, Real Estate, and Estate and Trust Law Sections.  Herrick will be providing the legislative update for the Business Law Section.  Among other things, during the 2016 session of the Colorado General Assembly, […]

By: Steve M. Nagy, Esq. and Katherine E. McAuley, Esq. In 2013, the City of Longmont banned hydraulic fracturing, and the City of Fort Collins enacted a 5-year moratorium on the practice. The Colorado Oil and Gas Association (“COGA”) challenged these ordinances in Boulder and Larimer County district court, with the Colorado Oil and Gas […]

Herrick Lidstone was quoted in the Boulder Daily Camera in an article about crowdfunding. Herrick recently published a paper that discusses state crowdfunding pursuant to the federal intrastate securities exemption generally, the law as adopted in Colorado, and the rulemaking required to implement the Colorado Crowdfunding Act. Read the paper here.

U.S. News & World Report and Best Lawyers, announced the Sixth Edition of the “Best Law Firms” rankings. Firms included in the 2016 “Best Law Firms” list are recognized for professional excellence with persistently impressive ratings from clients and peers. Achieving a tiered ranking signals a unique combination of quality law practice and breadth of […]

The Colorado Water Conservation Board (CWCB) approved the final Colorado Water Plan (Plan) and submitted it to Governor John Hickenlooper on November 19, 2015. The Plan is Colorado’s first comprehensive water plan. The Governor directed the CWCB to write the Plan two years ago by executive order. In accepting the final Plan, Governor Hickenlooper quoted a […]

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