November 30, 2017

McWhinney alleges fraud by former partner in Promenade Shops at Centerra

Centerra developer McWhinney has sued its former partners in the Promenade Shops at Centerra, seeking $92 million for alleged fraudulent transactions.

The Denver Post reports that McWhinney won a $42 million judgment against Poag & McEwen Lifestyle Centers-Centerra LLC of Memphis, Tenn., in Larimer District Court, Aug. 15. That was the culmination of a lawsuit filed in 2011.

On Nov. 8, however, Loveland-based McWhinney filed a second claim in Larimer District Court, saying that it uncovered additional fraud during the discovery process on the first lawsuit. Poag & McEwen is seeking to have the case moved for U.S. District…

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