Corporations
COVENANTS NOT TO COMPETE
Generally, Colorado court have enforced Covenants Not to Compete (CNTC) only if narrowly drawn, such as being limited to a city or county limits. Many grievances and disputes have arisen over this subject. On rare occasion, the Colorado courts have upheld CNTC that is as wide as 200 miles (in one case) and statewide (in [...]
COLORADO PROFESSIONAL CORPORATIONS
A “professional corporation” is generally a corporation which is in business for the purpose of providing some type of professional service. Examples might include doctors, engineers, dentists, architects, lawyers, or accountants. A professional corporation may be taxed by the Internal Revenue Service as either a traditional C-corporation, or as a S-corporation (pass-through). John Zodrow, a [...]