A Colorado judge has upheld an arbitrator’s award of more than $7 million to 20 homeowners at a golf course subdivision near Glenwood Springs whose properties were constructed on a soil linked to sinkholes and subsidence.
The Daily Sentinel reported the judge also ruled that defendants Hansen Construction and Steve Hansen owe more than $2 million in legal fees.
An attorney for the plaintiffs had said that two of the homes built by Hansen Construction were condemned and several others had shifted or been damaged as a result of being built on salt-laden evaporate.
The judge has not yet ruled on a jury’s decision that the homes’ developer, LB Rose Ranch LLC, should pay more than $6.7 million in the case.
The awarded money will go toward restoring the homes.
Topics Legislation Homeowners
Was this article valuable?
Here are more articles you may enjoy.
Tennessee Approves Smallest Drop in Workers’ Compensation Costs in Years
New York Restaurateur Charged In No-Fault Auto Insurance Fraud Scheme
Viewpoint: Insurance Broker Valuations – The Elephant in the Room
A Little Behind Schedule, But Execs Say Sypher Insurance is on Track for May Debut 

