On September 8, 2021, Attorney Trevor Crow presented a webinar on essential case law updates for business lawyers at the 2021 Annual Business Law Institute, sponsored by the Colorado Bar Association CLE.
Click here for a PDF of the detailed case law report that covers the following topics:
Page # Topic Summary
Page 1: Are LLC Membership Interests Securities?
Page 3: Is a promissory a security under the Colorado Securities Act?
Page 5: Paying an Employee’s earned but unused vacation pay upon separation under the Colorado Wage Claim Act (CWA).
Page 7: Is a line of credit a negotiable instrument under Uniform Commercial Code (UCC)?
Page 8: Is a decision by the board of a non-profit corporation membership association entitled to judicial review?
Page 10: Fees and expenses for first-party claims pursuant to an LLC Agreement indemnification section.
Page 10: Buyer breach of obligation to use reasonable best efforts to close an M&A transaction.
Page 10: Removal of a board member in a tiered LLC structure.
Page 10: Plaintiff’s ability to rebut the business judgment rule by challenging an interested fiduciary’s corporate dealings.
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