by Jonathan Easley Published: November 12,2010
The largest creditor in the Colorado Crossing collapse has filed a competing bankruptcy reorganization plan that would allow it to seize control of a large part of the stalled project. The filing by GE Johnson Construction Co. challenges the developer of the project, SRKO Family Limited Partnership, on practically every front. “We thought it was our responsibility [...] [...]
by Becky Hurley Published: September 30,2010
Tags: Chapter 11 bankruptcy, Colorado Crossing, Jannie Richardson, reorganization
Attorneys representing Colorado Crossing developer Jannie Richardson have filed a Chapter 11 reorganization plan that calls for the sale of 17.5 acres of the 153-acre parcel to pay off debt. The filing comes after of an extension was granted by the U.S. Bankruptcy Court earlier this summer. The proposed plan, filed with the court last week, calls for the sale [...] [...]
by Becky Hurley Published: August 20,2010
At least two of the largest lienholders in the Colorado Crossing development fiasco have discussed the possible takeover of the project from developer Jannie Richardson. Jim Johnson, the CEO of G.E. Johnson Construction, of one of the companies owed money in the project’s collapse, said no firm plans have emerged from the talks but that his [...] [...]
by Becky Hurley Published: February 23,2010
Tags: Chapter 11, Jannie Richardson, SRKO
The SRKO Family Limited Partnership filed for Chapter 11 bankruptcy on Friday, Feb. 19, in U.S. Bankruptcy Court in Denver. The company is owned by local developer Jannie Richardson. The action signals a new phase in the life of the beleaguered 150-acre Colorado Crossing multi-use development at Interquest and Voyager parkways. Richardson had been [...] [...]
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