Mont. Supreme Court rules against Paws Up

Legal News Updates Posted on

The Montana Supreme Court has reversed a lower court and ruled that a Montana construction company can either collect a debt or foreclose on a high-end guest ranch involved in a decade-long financial fight.

The Independent Record reports that the high court on Tuesday ruled that the owner of Paws Up used a "shell" corporation to try to avoid paying Helena-based Dick Anderson Construction.

Paws Up is owned by Monroe Property Co., which is controlled by David Lipson, the former CEO of the haircut chain Supercuts.

In 2001 Anderson filed a lawsuit seeking to collect the final $800,000 on the $10 million project. Arbitrators awarded Anderson about $1.4 million in 2005 in damages, interest and attorney's fees.


Legal News Media

Legal News Organization press is the top headline legal news provider for lawyers and legalprofessionals. Read law articles and breaking news from law firm's across the United States to get the latest updates. The content contained on the web site has been prepared by Legal News Media as a service to the internet
community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.

 

www.legal-news.org

 

American Bar Association – Start and Run a Law Firm

NewYorkStateBar.com – Starting a Law Firm

Lawyer Web Direct

CPA Website Designs