In March 2015, Continuing Legal Education In Colorado, Inc. published the first edition of Herrick Lidstone’s new book “Limited Liability Companies and Partnerships In Colorado” (co-authored with Allen Sparkman). This walks the practitioner through choice of entity, formation and dissolution of the entity, creditor rights, securities, and tax issues, as well as ethical considerations. Sample […]
On February 10, 2015 Herrick Lidstone was the featured speaker at the Colorado Bar Association Natural Resources and Energy Law Section monthly CLE luncheon. The topic presented was Deeds to Non-Existent Entities and Senate Bill 15-049.
John Gleason was a speaker at APRL National Conference in Houston, TX, February 5-7, 2015
Herrick K. Lidstone, Jr., with the aid of other attorneys at Burns, Figa & Will, P.C. have created some form documents for Colorado business entities, which are available for download here. LLC Single Member Operating Agreement – Updated 1/31/2024 LLC Multi-Member Operating Agreement – Updated 1/31/2024 Colorado Articles of Incorporation – Updated 1/31/2024 Colorado Articles […]
by Candace Cole Figa When a developer is building a shopping center, office building, or parking garage, city or county approval of the project is required. A developer may find him or herself in an unfamiliar jurisdiction. The developer may not know what is important to the particular community in which he or she is […]
By Stephen H. Leonhardt, Scott A. Clark and Alix L. Joseph High Plains A&M LLC filed two almost identical applications for changes of water rights in late 2002 and early 2003. The Water Court consolidated the two cases. In its Applications, High Plains claimed to own or control of about 30% of the shares in […]
On July 10, 2013, the Securities and Exchange Commission (the “SEC”) adopted final rules governing the use of general solicitation in Rule 506 and Rule 144A offerings and instituting a prohibition against using Rule 506 as an exemption from registration in offerings involving “bad actors.” Read article by Victoria Bantz.
By Herrick K. Lidstone, Jr. and Colleen R. Belak As an investor, how do you distinguish a great investment opportunity from a scam? Are those claims of fantastic returns for real? What if it is a scam? Most investment scams are a variation of the Ponzi pyramid scheme or the pump-and-dump scheme. The Ponzi scheme […]
A company classified as a “foreign private issuer” under the U.S. securities laws enjoys certain advantages in that it is easier to avoid certain registration and reporting requirements with the Securities and Exchange Commission. Read article by Victoria Bantz.
The Securities and Exchange Commission and the Colorado Securities Commissioner have historically taken a very broad view towards the broker-dealer registration requirements under federal law. These requirements apply as well to business brokers and others who receive fees for selling companies in stock acquisitions. Narrow registration exemptions have been available, and now the SEC has broadened […]
