Chipman Glasser Obtains Complete Defense Verdict in Complex Fraud and Breach of Contract Litigation

By Daniel W. Glasser on August 24, 2023. On June 27, 2023, Chipman Glasser, LLC obtained a complete defense verdict in a complex commercial litigation matter tried in the Denver District Court. The plaintiffs asserted more than $12 million in damages on claims for breach of contract, fraud, fraudulent omission, fraudulent transfer, abuse of process, and alter ego stemming from …

A Case Study In Business Divorce: Member Expulsion And Its Associated Hazards

By Daniel Glasser and James Kin The forced termination of any business relationship is painful. But the expulsion of a member from a limited liability company (an “LLC”) can raise additional challenges—especially where the rules of engagement are either poorly defined or undeveloped. For example, a recent decision by the Delaware Court of Chancery may leave members personally liable for …

Staying Smart in a Smartphone World: Part 2

By E. Job Seese The first post in this series discussed the pitfalls—and advantages—of conducting important business communications via text messaging. This second installment addresses some of the practical measures that individual businesspeople as well as companies can take in navigating the iWorld minefield. NSFW                              The increasing use of text messages in conducting business affairs suggests that many have …

Staying Smart in a Smartphone World

By E. Job Seese NOTE: THIS IS THE FIRST IN A MULTI-PART SERIES. You, like the rest of the world, have learned the do’s and don’ts of conducting business by email. But what about texting, which has become the preferred method of communication for large swaths of the business world? What are the advantages of conducting business via text? And …

Colorado Supreme Court Conforms Pleading Standard to Federal Practices

By Dean Shaffer The Colorado Supreme Court today, in Warne v. Hall, Case No. 14SC176, adopted the stricter civil pleading standard first applied by the U.S. Supreme Court in Bell Atlantic Corp. v. Twombly, 550 U.S. 544 (2007). Under the new standard, Colorado courts may dismiss claims that are not “plausible,” meaning that plaintiffs must support their claims with factual allegations sufficient …

Discharged Company Officer And Founder Settles Derivative Action and Wrongful Termination Suit on Favorable Terms

Chipman Glasser, LLC represented the founder and president of a high-tech bio-pharmaceutical company who was abruptly discharged after he brought to the company’s attention several questionable business practices. On the client’s behalf, the firm asserted claims of wrongful termination under the state whistleblowing law and brought a derivative action on behalf of the company. The case settled on terms favorable …

French Investment Banker Dismissed From Colorado Lawsuit Involving An Alleged Investment In Cyprus—Followed By A Fee Award

Chipman Glasser, LLC recently defended a party who was belatedly brought into a multi-national case by a third-party plaintiff. The lawsuit involved parties and alleged conduct spanning four continents, and our client, a Swiss businessman with no connection whatsoever to Colorado, filed a motion to dismiss for lack of personal jurisdiction. Under the applicable rules, the client was required to file his …

Underground Utility Contractor Awarded Damages For Unpaid Construction Costs

Following a four-day jury trial, Chipman Glasser, LLC secured a verdict in favor of an underground utility contractor. Our to installed the sewer and water system for a private developer. But upon completion of the project, the developer refused to pay the final invoice, raising various complaints about the quality of the work. The case involved conflicting expert testimony regarding alleged …

Reid Allred Presentation for the Colorado Microbusiness Alliance

Chipman Glasser partner, Reid Allred, will be giving a presentation for the Colorado Microbusiness Alliance on two nights next week—September 8, 2015 in Parker, Colorado and September 9, 2015 at Westminster, Colorado. Mr. Allred will be speaking about how business owners can effectively structure their businesses to avoid personal liability and minimize taxes. The presentation will include real-life experiences to …

Does LaFond Address Common Law Fiduciary Duties of LLC Members?

By Reid J. Allred and Maral Shoaei The Colorado Supreme Court, in a recent opinion, LaFond v. Sweeney, addressed the duties of a manager or member of a limited liability company (“LLC”) under Colorado law upon dissolution and winding up of an LLC. At first glance, LaFond appears to provide some needed clarity to the common-law fiduciary duties owed by …