Page 7 - Daniel Ducassi News Today

Cheese company Leprino Foods Co., its CEO and his children told a Denver jury during closing arguments Thursday that the CEO's nieces — who are minority shareholders — suffered no damages from not having the chance to make a possibly lucrative loan back to the company as the majority shareholders did because they made more money on their own investments.

A Denver jury on Friday rejected claims from nieces of Leprino Foods Co. CEO James G. Leprino that he and the company breached their fiduciary duties to them as minority shareholders, awarding them nothing in their pursuit of nearly a billion dollars in damages.

Prominent Denver personal injury attorney Frank Azar made his opening arguments Monday in his firm's lawsuit against a former attorney for the firm whom Azar accused of trying to steal the firm's class action department.

A Colorado state judge on Wednesday declined to declare a mistrial sought by two sisters accusing their uncle of trying to cut them out of Leprino Foods, the family's multibillion-dollar cheese company, ruling that lawyers for the company were allowed to ask about the plaintiffs' earlier bid to dissolve the company.

A former Dominion Voting Systems executive at the center of unfounded election conspiracy theories fought back Tuesday against a conservative radio host and broadcaster's efforts to shake his defamation suit, telling a Colorado state judge that the host and radio station should have doubted the "inherently improbable" claims of a guest that the executive rigged the election.

Two women who inherited about 17% of a more than $5 billion Denver cheese company laid out the contours of their case to jurors on Monday for how they believe their uncle, the CEO and chairman of the company, has treated them unfairly as minority shareholders of the company.

The Colorado Supreme Court on Tuesday considered whether fractional interest owners in oil and gas production units can challenge retroactive property tax assessments billed to the actual operators of the units, with two justices asking a group of fractional interest owners whether they should have sued the operator rather than Montezuma County tax officials.

A Colorado state judge has rejected the idea of dissolving multibillion-dollar family-owned cheese company Leprino Foods Co., although she allowed certain breach of fiduciary duty claims by Leprino family members with a minority stake in the business to proceed against their relatives with majority holdings.

A Colorado appellate judge on Tuesday repeatedly pressed the state over why billionaire Phil Anschutz wasn't entitled to an $8 million income tax refund, questioning its position that pandemic-era changes to tax law could not be applied retroactively on state returns.

A Colorado federal judge on Monday awarded $4.2 million in damages to the copyright owners of 28 films, including "Hellboy" and "The Hitman's Bodyguard," against a defunct tech company that allowed pirated material to flow through its servers.