BusinessDen

1 week ago | businessden.com | Justin Wingerter

A company operating near the Centennial Airport that has spent the past dozen years designing an airplane that takes off like a helicopter must now contend with a $9 million lawsuit from a lender. XTI Aerospace, which is publicly traded, denies owing money to Auctus, a small Boston hedge fund, and told shareholders May 19 that its finances are stable and improving. “We intend to vigorously defend against any and all claims,” it wrote in an SEC filing.

1 week ago | businessden.com | Matt Geiger

Want to see your sale or lease here? Fill out this form to appear in next week’s Pipeline and learn more about what deals we accept here. Deals of note:The Cherry Creek School District leased 57,000-square-feet across three floors at Metropoint II, 4610 South Ulster St., in Denver. Kolbel and Company and Real Capital Solutions purchased Metropoint I and II last year for $22 million, and are in the midst of a $10 million renovation of the buildings.

1 week ago | businessden.com | Matt Geiger

Mark Landman and Megyn Rodgers are splitting off from Wash Park. The Molecule Effect location at 300 S. Logan St. will close by the end of August – when its lease expires. The duo plan to pour all their efforts into their other location at 2215 S. Broadway. “We decided that with the rising costs of everything, with the economic climate, that this was an opportunity for us to scale back and really refocus on our other location.

1 week ago | businessden.com | Justin Wingerter

In the days before his death last year, nurses at the Rifle Correctional Center ignored textbook symptoms of a cardiac emergency from the disgraced Denver attorney and businessman Steve Bachar, who had a known history of heart problems, his ex-wife and daughters say.

1 week ago | businessden.com | Justin Wingerter

By 10 o’clock on the night of May 14, Elizabeth Kudla, in-house lawyer and chief of staff for the local luxury vacation company Cuvee, had decided to fire Pollyanna Forster. Eight hours before, Forster had texted her husband a Cuvee client list and warned that her Cuvee phone “is probably tapped,” according to court documents. Five hours before, Microsoft had alerted Cuvee that Forster “deleted a large number of files” from its server.