KeyBank seeks repayment of $2M note from Lafayette resident
BOULDER — Keybank NA has filed suit against Lafayette resident L. Robert Bauers to recover more than $2 million in an unpaid note.
In the case, filed in Boulder County District Court May 14, the bank alleges that Bauers borrowed $4.2 million in May 2014, repaid some and sought extensions five times on the remainder, which totals more than $2 million plus interest, default interest, late charges and other charges.
Bauers pledged a Vail residential property as collateral on the note. The Vail property is valued in excess of $1 million, according to Eagle County property records. He also pledged the L. Robert Bauers Revocable Trust and The Bauers Family Limited Partnership as guarantors on the loan, according to the suit.
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Bauers did not respond to a phone message and an email message.
Bauers is the co-founder and chairman of the board of Tatonka Capital Corp., the Lone Tree-based financial services company founded in 1993 that provides lease/purchase financing for government agencies to buy personal or real property, construct buildings and other transactions. He, along with his co-founder of Tatonka, were among the finalists for the Ernst & Young Entrepreneurs of the Year award in 1999.
BOULDER — Keybank NA has filed suit against Lafayette resident L. Robert Bauers to recover more than $2 million in an unpaid note.
In the case, filed in Boulder County District Court May 14, the bank alleges that Bauers borrowed $4.2 million in May 2014, repaid some and sought extensions five times on the remainder, which totals more than $2 million plus interest, default interest, late charges and other charges.
Bauers pledged a Vail residential property as collateral on the note. The Vail property is valued in excess of $1 million, according to Eagle County property records. He also pledged the L.…
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