Legal & Courts  September 16, 2019

Developer sues IBM over toxic waste

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ERIE — Stratus Redtail Ranch LLC, a company operated by real estate developer Richard Dean, is suing IBM Corp. (NYSE: IBM) for allegedly improperly disposing of hazardous waste in Erie, which has resulted in a costly cleanup and development delays for Dean’s residential housing project.

Also named as a defendant in the suit is WWD LLC, which was the prior owner of the roughly 300-acre Redtail property just southeast of Erie. WWD is a holding company formed in 1992 by Ken Pratt — and upon his death passed to wife Susan Pratt — to manage the Redtail plot.

The Pratt family is…

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Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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