Colorado Bar Association
Colorado Bar Association
November 2019 Section Newsletter
William S. Wenzel, Editor

Small Crowdfunding Offering Exemption – Perhaps Now It Will Be the Game-Changer We Hoped
The Colorado Division of Securities has in at least one case waived the escrow requirement under the Small Offering Exemption of Colorado’s Crowdfunding Act. This waiver, which they expect to be incorporated into Division Rule 51-3.27, should make crowdfunding for small amounts of capital (not more than $500,000) more accessible to small businesses. Andrea Welter and Herrick Lidstone discuss whether crowdfunding will now (finally) fulfill the 2015 legislative declaration to ease capital formation rules, “thereby promoting the formation and growth of local companies and the accompanying job creation.” Read Article.


“Nuts and Bolts” Article: SEC Regulation of Cryptocurrency
In recent years, we’ve seen exponential growth in the cryptocurrency market. In this discussion from DU law student Heather Franco, learn the nuts and bolts about what cryptocurrency actually is and how the SEC plans to regulate it moving forward. Read Article.


Your Help is Requested for Amendments to the Colorado Business Corporation Act
Learn More.

 


Upcoming CLE Programs

December 2, 2–5 PM
Colorado’s Red Flag Law
Live & Webcast
Registration opens at 1:30 PM
The Colorado “Red Flag” Extreme Risk Protection Order (ERPO) law, which goes into effect on January 1, 2020, creates procedures for courts to issue an ERPO, requiring an individual to surrender all firearms until the order expires or is terminated. Do you understand the law and the process for an Extreme Risk Protection Order petition? Do you know how an ERPO will be enforced? Are you interested in becoming a court-appointed attorney for ERPO respondents? Attend this program to prepare yourself for the new law and the new year.

December 3, 8–9 AM
M&A Breakfast Series: S Corp Issues in M&A Transactions
Live & Webcast
Registration & Breakfast opens at 7:30 AM
Retiring baby boomers selling their closely held businesses are contributing to a very active M&A market for private companies. Your presenters will walk you through S Corp issues involved in these transactions, and provide you with strategies, solutions, alerts, and tips. Attend and hear from tax and deal attorneys how to structure transactions with an S Corp target. Be ready for your clients when they want to buy or sell a closely held S Corp business!

December 5, 5:30–8:30 PM
Ethics Revue at The Nomad Playhouse 2019
Registration opens at 5 PM
Join us for “The Ethics Revue” — our fun, funny and annual educational ethics CLE. Each year, this gem is an all new CLE musical extravaganza that members of the famous (or infamous!) Law Club and the Colorado Bar Ethics Committee produce and perform. Using a unique combination of wit, song, and commentary, a cast of multi-talented attorneys create the best ethics CLE ever — teaching and refreshing you on a wide variety of ethics issues ranging from billing and fees to pro bono obligations to sex with clients.

December 5, 9 AM–4:30 PM
23 Mistakes Experienced Drafters USUALLY Make
Live & Webcast
Registration and Breakfast opens at 8:30 AM
This seminar explains 23 typical stylistic and substantive drafting errors usually found in all kinds of transactions, including mergers and acquisitions, contracts for the sale of goods and services, licenses, real estate contracts, settlement agreements, employment and consulting agreements, partnership agreements, and much more.

December 12, 9–11:45 AM
Succession Planning
Live & Webcast
Registration and Breakfast opens at 8:30 AM
Succession planning, while not mandated by the Colorado Rules of Professional Conduct, is something all lawyers need to engage in. It matters to active clients, former clients and a lawyer’s friends, family, and colleagues. This program will discuss ways to plan for unexpected death and disability. Learn about the logistics of the inventory counsel process and the inventory counsel role. Hear from the Office of Attorney Regulation Counsel and attorneys experienced with the stages of succession planning, and leave the program with simple ways to organize your practice so that it can be easily closed or sold by inventory counsel.

December 19, 9 AM–3:45 PM
Ethics with Sean Carter
Live & Webcast
Registration and Continental Breakfast opens at 8:30 AM
Spend the day with Harvard lawyer and comedian Sean Carter, who makes the serious and often complex issues of legal ethics enjoyable and funny. In the morning, laugh along with Sean, as he humorously recaps the significant cases of the most recent United States Supreme Court term.

December 20, noon–1 PM
Ethics Update and Refresher for the Transactional Lawyer
Live & Webcast
Registration and lunch opens at 11:30 AM
Back by Popular Demand, Cecil E. Morris, Jr., Esq., a longtime practitioner with expertise in legal ethics and attorney discipline defense, will help you polish your skills, refresh your knowledge and get up to speed on ethical dilemmas and ethics issues that arise in your transactional practice.

Many replays and home studies available during December. Check the Calendar on the CBA-CLE Website.


Contributions for future newsletters are welcome.
Contact William S. Wenzel at wsw@wswlegal.com.
This newsletter is for information only and does not provide legal advice.

Colorado Bar Association
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