Lender Cries Foul over Colorado Developer’s Bankruptcy

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A Carbondale-based lender has objected to a Colorado developer’s Chapter 11 bankruptcy filing, stating that it was done in bad faith. Downtown Aspen Investments LLC filed a motion with the bankruptcy court to dismiss the filing of Aspen Legacy Holdings LLC, the owners of Hyman Avenue Buildings where Little Annie’s Eating House and the former Huntsman Gallery are located, as well as the parking lot at the corner of Hunter Street and Hyman.

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