Over the years, I have had Colorado general contractor clients ask me what their biggest liability risks are for buildings they build or own. I imagine insurance carriers for those business construction company clients have asked themselves the same thing. What I have told my clients is that there are many ways to measure a [...]
What Does A Colorado Construction Company Need To Know About A Catastrophic Risk Of Loss?
April 29, 2009
New US Department of Transportation Consumer Program for Child Safety Seats Will Help Parents Choose the Products that Best Fits Their Cars
April 27, 2009
The US Department of Transportation says that it is designing a consumer program to help parents and others select the child car seats that are the best fit for their motor vehicles. The new program will involve auto manufacturers recommending which child car safety seats should go with each vehicle. This initiative will go into [...]
Tips to Colorado Investors for Investigating Asset Managers
April 23, 2009
If you’re like most Colorado investors trying to figure out who they should trust with their investment decisions, you rely on the recommendations by word of mouth from your friends, neighbors and family. Bad, bad, bad! We are grateful for recommendations of a fabulous new restaurant or a new hotel with an ocean view. If [...]
Bus Safety Advocates Call For Better Federal Safety Regulations to Minimize Injuries and Deaths on Commercial Buses
April 23, 2009
Government investigators and bus safety advocates want the federal government to come up with stronger safety regulations for the US commercial bus industry. The call came at a National Transportation Safety Board hearing this week when investigators announced that speeding was the cause of a deadly 2008 bus accident in Utah. At the hearing, federal [...]
What is a Colorado Auditor’s “Due Diligence” Responsibility?
April 22, 2009
About a week ago, in a post titled Colorado Business Litigation: Does Colorado Recognize a “Declaimer Defense” for Feeder Funds? I reported that sophisticated auditors for feeder funds sometimes rely upon disclaimers as a “pretend justification” for ignoring their due diligence responsibilities to their feeder fund clients. For example, the national accounting firm of BDO [...]
IIHS Crash Tests Reveal that Bigger and Heavier Motor Vehicles Exhibit Greater Occupant Protection During Auto Collisions
April 18, 2009
According to the Insurance Institute for Highway Safety, extra vehicle weight and size add up to more occupant protection during auto collisions. This means that people who choose to buy smaller cars because they are more economical in terms of price and gas usage could be compromising personal safety. The Insurance Institute for Highway Safety [...]
Legal Roadblocks of Colorado Business Litigation Feeder Fund Claims
April 17, 2009
Ina previous blog post, Madoff’s Ponzi Scheme: Feeder Fund Liability, I discussed a Denver based investment firm who, as a feeder fund, found themselves tangled up in Madoff’s Ponzi Scheme. I would now like to look at some of the challenges of litigating these types of cases. Colorado business litigation suits against feeder funds include [...]
Colorado Business Litigation: Does Colorado Recognize a “Declaimer Defense” for Feeder Funds?
April 14, 2009
One of Madoff’s victims was a feeder fund named Ascot Partners. New York Law School invested $3,000,000 of its endowment funds in Ascot. When Madoff’s scheme fell apart, Ascot was unable to repay New York Law School its $3,000,000 investment. In recognition of the substantial legal and practical roadblocks to a lawsuit against Madoff and [...]
Recent Nursery Products Recalls of Play Yards, Pacifiers, and Cribs are Issued to Prevent Entrapment, Suffocation, Choking, and Fall Accidents
April 13, 2009
Already this month, the Consumer Product Safety Commission has announced the recall of three nursery products. The recalls are an effort to prevent potentially catastrophic accidents from causing injury to or killing young kids. On April 2, the CPSC, with the cooperation of SunTech Enterprises, let the public know that about 1,900 convertible cribs were [...]
A Colorado Business Litigation Lawyer’s Recommendations: How To Spot A Ponzi Scheme
April 9, 2009
Perhaps inspired by the “successful” financial scams of Charles Ponzi and Bernie Madoff, Denver area business man Shawn Merriman recently bilked investors over a three state area of more than $20 million dollars by promising unusually high returns on his victims’ “investments”. It turns out that the only investments Merriman was making on behalf of [...]
