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Packaging supplier sues 1908 Brands, claiming $1.2M in non-payment – BizWest


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In a complaint filed Friday in Boulder County District Court, Illinois-based Marquis XT LLC claims that 1908 signed a deal for a dedicated packing line last September for some of its products. Marquis claims that 1908 hasn’t paid all of its invoices on time and owes it just less than $1.22 million.
Marquis is asking for payment of the unpaid invoices and other damages to be determined by a jury trial.
1908 is the umbrella company for three brands: Boulder Clean disinfectants and detergents, sauce-maker Pasta Jay’s and barbecue sauce-maker Schultz’s Gourmet.
1908 Brands CEO Steve Savage said Marquis packages some of the Boulder Clean products, but declined to comment specifically on the litigation. ....

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KeyBank seeks repayment of $2M note from Lafayette resident – BizWest


In the case, filed in Boulder County District Court May 14, the bank alleges that Bauers borrowed $4.2 million in May 2014, repaid some and sought extensions five times on the remainder, which totals more than $2 million plus interest, default interest, late charges and other charges.
Bauers pledged a Vail residential property as collateral on the note. The Vail property is valued in excess of $1 million, according to Eagle County property records. He also pledged the L. Robert Bauers Revocable Trust and The Bauers Family Limited Partnership as guarantors on the loan, according to the suit.
Bauers did not respond to a phone message and an email message. ....

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