July 21, 2023

Receiver sues former FRII owners for transfer of assets

FORT COLLINS — A receiver appointed to wind down the operations of Front Range Internet Inc., an internet services provider based in Fort Collins, has filed a lawsuit against a related company, FRII NRCM 1 LLC and Front Range’s previous owners, brothers Halton and Howard Peters.

The lawsuit claims that the defendants caused cash to be transferred out of FRII bank accounts in an attempt to defraud creditors of the failing internet services business. The lawsuit also alleges that the brothers moved two light delivery vehicles away from the Fort Collins location to Memphis, Tennessee, and refused to return them. The…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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