Cordes & Company

Land development proceeds despite litigation

Outside capital partners in an active residential land development sued, alleging mismanagement and other irregularities by the general partner. The El Paso County District Court appointed Cordes & Company as receiver to investigate those issues and to continue development and sale of lots while this particularly bitter litigation continued. After operating the development for several years, Cordes brokered a settlement between the various parties.

California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
Colorado
5299 DTC Boulevard
Suite 815
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
220 South 6th Street
Suite 2125
Minneapolis, MN 55402
Telephone: 612.455.6027
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