Cordes & Company

Long-time partners go separate ways

A commercial building was jointly owned by two individuals who had been partners for decades. Unfortunately, their relationship had devolved to the point where they had stopped communicating – and the property was suffering as a result. The Boulder County District Court appointed Cordes & Company as receiver to help resolve this partnership dispute. Cordes leased space, split the revenues and devised a way to separate the two parties’ interests. When a two-person auction was held at counsel’s office, the commercial property was sold to one of the partners. Each partner was satisfied with the outcome and the matter was closed.

Colorado
5299 DTC Boulevard
Suite 600
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.6027
California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
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