The measure was proposed by Councilwomen Amanda Sawyer and Deborah Ortega.
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Case closed: Vendors still owed $4.5M from Steve Bachar
Steve Bachar, a Denver lawyer and business man who ordered more than $4 million in PPE during the height of the pandemic and the stiffed his vendors, claimed he hadn’t filed business taxes in the last five years and has no income. But he projected his firm, Empowerment Capital, would bring in $100 million over the next year.
LoDo hotel files for bankruptcy in bid to slow down foreclosure process
Nightclub operator Valentes Corleons wants to move in but a Nativ Hotel co-owner said “I would rather burn this place to the ground than have Valentes take over.”
Hard Rock Cafe settles feud with Denver Pavilions landlord
The national chain’s restaurant along the 16th Street Mall was closed for 15 months due to the pandemic but reopened in June.
The Docket: Real estate lawsuit roundup for 9.23.21
Architects claim the Archdiocese of Denver failed to pay for work done at a church and a bank seeks damages of $11.7 million over a construction loan.
CBRE brokers, Newmark at impasse over what they can do for work
A judge ruled that Terrance Hunt, Shane Ozment and Chris Cowan can’t act as brokers in Colorado for one year.
Overland bike shop Foundation Cycles closes, files for Chapter 7 bankruptcy
The store said it had revenue of $1.7 million in 2019 and $1.5 million in 2020, but as of Sept. 7 the 2021 revenue was just $20,577.
Shotgun Willie’s ends bankruptcy case because stripping profitable again
The Glendale club didn’t emerge from Chapter 11 with a reorganization plan in place. It asked the judge to dismiss the case because business is “good.”
The Docket: Real estate lawsuit roundup for 9.9.21
A plaintiff claims an attorney provided negligent representation in a lease dispute during the pandemic. Several suits seek damages for unpaid equipment leases.
Beta Nightclub hired off-duty cops as alleged security violations occurred
The club could lose its liquor and cabaret licenses after being accused by the city of allowing patrons to sell cocaine.