
A $40,000 settlement with its Littleton landlord last week cleared the way for approval.
A $40,000 settlement with its Littleton landlord last week cleared the way for approval.
A bankruptcy case complicated Fortress Capital’s previous efforts to take over 1051 14th St.
Debt has “caused the company’s issues to snowball,” Western Rise’s owner says.
“Departments delayed contractors and massively inflated the moving budget.”
“The final chapter herein has yet to be written,” says a lawyer for Mastino Management.
The company will keep operating six locations between Denver and Boulder, the same number it had open when it filed for Chapter 11.
Apex Accounting in Littleton filed for Chapter 11 after buying Phases Accounting.
The plant, which cost $56 million to build in 2012, has a rocky past and uncertain future.
Diversified Masonry said it owes $2.69 million.
The chain lost twice as much money in February as it projected, according to a court filing.
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