RQ Law Blog

February Case Law Update

February Case Law Update
COLORADO CASE LAW UPDATE   Colorado Supreme Court   Ryals v. City of Englewood – The Court held that statute did not pre-empt local ordinance restricting sex offender residency (01/16/16). This case involved a certified question of law from the Tenth Circuit regarding a challenge to a home rule ordinance. Claimant argued that state statute pre-empted a City ordinance effectively barring sex offenders from residing. The Supreme Court held that...
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Recent Court Decisions Colorado Law

  RECENT COURT DECISIONS - COLORADO LAW Oasis Legal Finance Group v. Coffman – Litigation financing is a “loan” subject to state regulations. (SC 11/16/15). The Supreme Court held that litigation finance companies that agree to advance money to tort plaintiffs in exchange for future litigation proceeds are making “loans” subject to Colorado’s Uniform Consumer Credit Code even if the plaintiffs do not have an obligation to repay any deficiency...
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Oasis Legal Financing v. Coffman - Colorado Supreme Court

On November 17, the Colorado Supreme Court issued its ruling in Oasis Legal Financing v. Coffman. The Supreme Court unanimously held that agreements in which companies advance money to tort plaintiffs in exchange for future litigation proceeds are “loans”, which loans are subject to the Uniform Consumer Credit Code [UCCC] as adopted in Colorado. Litigation financing has grown nationwide in recent years as a way to assist people and companies...
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1058 Hits

Supreme Court issues its opinion in S K Peightal Engineers, LTD v. Mid Valley Real Estate Solutions V, LLC

The Supreme Court issued its opinion in S K Peightal Engineers, LTD v. Mid Valley Real Estate Solutions V, LLC on February 9, 2015. In that case, a developer built several homes on the Western Slope. He then suffered financial problems, and turned the inventory over to the bank, which titled the unsold residences in a newly created artificial entity. The homes then started showing distress which was claimed to...
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1203 Hits