Legal & Courts  May 2, 2023

Promenade Shops court case continues with a malpractice claim

Editor’s note: This report was updated after a response from Richard Kaufman’s attorney.

DENVER — It’s been two years since the U.S. Court of Appeals, 10th Circuit, upheld a jury verdict in the case that pitted McWhinney Real Estate Services Inc. against its partners in the development of the Promenade Shops at Centerra. 

The case ended with a negotiated settlement between McWhinney and partner Dan Poag; the other partner, Terry McEwen, lost at trial and on appeal. The court held him partially responsible for fraudulent acts and awarded 15% of the $156 million in damages.

McEwen, of Florida, continued to argue over…

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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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