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Cooperatives

Choosing the Right Entity for Your Business

Last week our team held its first legal café at Green Spaces in Denver. We welcomed a group of approximately thirty entrepreneurs and discussed the nuances of entity choice. Our team was excited for the launch of what we hope will become a mainstay for the firm and a valuable resource for our community. We selected …

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Electing Public Benefit Corporation Status as a Limited Cooperative Association: Limiting Director Liability

All certified Colorado B-Corps, organized as Colorado Corporations or Cooperatives, are required to become Public Benefit Corporations (PBCs) by April 1, 2018. Since a number of our clients are B-Corps, we’ve been immersing ourselves in the finer points of the Colorado Public Benefit Corporation Act (PBCA), particularly as applied to Limited Cooperative Associations (LCAs). As …

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Cooperatives and Founder Incentives

Hi there. Today we’ll be discussing the ways in which contemporary cooperatives incentivize founders to take entrepreneurial risk and reward their visionary zeal within the cooperative structure. This question regularly arises in our work. Let’s start by unpacking what founder equity is really all about.  When an entrepreneur starts up a new business, they’re taking …

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