Squabble over ownership of Denver’s Aviano Coffee and lost real estate deal leads to dual lawsuits

  • 📰 denverpost
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 72%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

A legal squabble over the ownership of Denver’s Aviano Coffee and a lost real estate opportunity worth millions of dollars has its founder and investors pointing fingers at each other.

Aviano Coffee Cherry Creek North

“Aviano’s complaint contradicts itself and is, to be blunt, baseless,” he said in a statement on Thursday. “This is just the latest instance of Mr. Joblon’s attempts to distract from, and to evade accountability for, his misconduct.” Naiman then resigned from his posts at Aviano Coffee Holdings, with a payout of $1.1 million and a cut of his company Aether’s ownership share to 20%, the lawsuit says.

With funding unavailable, the plaintiffs allege that Naiman then tried to push the purchase of the property to a neighbor – this time for $4.8 million, with Naiman meant to receive $1.8 million. But “the neighboring property owner grew skeptical of Naiman and his motives and backed out of the deal,” according to the complaint.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in LAW

Law Law Latest News, Law Law Headlines