Legal & Courts  October 15, 2024

Future Legends entity files for Chapter 11 bankruptcy protection

Future Legends 5 LLC filed for Chapter II in Nevada Bankruptcy Court, citing $10.47 million in liabilities, most of which he notes are disputed amounts. The filing will effectively put a stop to efforts to collect debts owed by the LLC, and all ongoing court proceedings involving lawsuits for unpaid bills under the Future Legends 5 entity. Katofsky has five other LLCs that own portions of the complex.

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Sharon Dunn is an award-winning journalist covering business, banking, real estate, energy, local government and crime in Northern Colorado since 1994. She began her journalism career in Alaska after graduating Metropolitan State College in Denver in 1992. She found her way back to Colorado, where she worked at the Greeley Tribune for 25 years. She has a master's degree in communications management from the University of Denver. She is married and has one grown daughter — and a beloved English pointer at her side while she writes. When not writing, you may find her enjoying embroidery and crochet projects, watching football, or kayaking and birdwatching on a high-mountain lake.
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