Recent Articles from Herrick Lidstone
PBCs explained
Effective April 1, 2014, Colorado corporations and certain cooperatives can elect to be “public benefit corporations” (“PBCs”). Proponents of the 2013 amendments see it as a major step in encouraging corporations to pursue charitable, social and other causes. Others question whether PBC classification is necessary under existing Colorado law. When the legislation is effective, a [&hellip[...]
Divorcing the firm
The practice of law is a mobile profession: “Have computer, will travel.” Notwithstanding mobility, many lawyers prefer to practice in a firm with other lawyers for a number of reasons, from personal (we like each other) to economic (sharing overhead) to professional (support and assistance). Wild things can happen, however, when these firms dissolve and the […]