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Litigation/3574149 1
Litigation/3574149 1
In re:
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF COLORADO
Case No. 12-24882 ABC
CORDILLERA GOLF CLUB, LLC
dba THE CLUB AT CORDILLERA
)
)
)
)
)
)
Chapter 11
Debtor.
JOINDER OF THE CORDILLERA METRO PO LIT AN DISTRICT AND THE
CORDILLERA PROPERTY OWNERS ASSOCIATION, INC. IN THE MOTION OF
CHERYL M. FOLEY, THOMAS WILNER, JANE WILNER, CHARLES JACKSON,
MARY JACKSON and KEVIN B. ALLEN, INDIVIDUALLY AND AS
REPRESENTATIVES OF A CERTIFIED CLASS OF MEMBERS, TO APPOINT
CHAPTERllTRUSTEE
Cordillera Metropolitan District (the "District") and Cordillera Property Owners
Association, Inc. (the "CPOA"), by their attorneys, Sherman & Howard L.L.C., hereby join in
the Motion of Cheryl M. Foley, Thomas Wilner, Jane Wilner, Charles Jackson, Mary Jackson
and Kevin B. Allen, Individually and as Representatives of a Certified Class of Members, to
Appoint Chapter 11 Trustee (the "Motion") to the extent it seeks appointment of a Chapter 11
Trustee pursuant to Section 1104(a) of Title 11 of the United States Code based upon the
irreconcilable acrimony that exists between he major creditor constituencies and the Debtor. In
support of its Joinder, the CPOA and the District state:
1. There is at least one fact in this case upon which all parties agree- there is
substantial bitterness and acrimony between the Debtor, its principal David A. Wilhelm, and
Wilhelm-related entities, on the one hand, and many of the members of the Club and surrounding
community members, on the other hand. This acrimony is not only evidenced in filings by the
LITIGATION/3574149.1
Case:12-24882-ABC Doc#:342 Filed:08/07/12 Entered:08/07/12 16:04:16 Page2 of 6
creditors, but also flaunted in filings by the Debtor. This acrimony has reached a level that
makes one conclusion certain- a consensual resolution of this bankruptcy case will not be
achieved while Wilhelm remains in control of the Debtor. A successful consensual resolution of
this bankruptcy case requires the appointment of a chapter II trustee.
2. Accordingly, the CPOA and the District request that a chapter II trustee be
appointed in this bankruptcy case based upon the irreconcilable acrimony. Persuasive precedent
exists for appointment of a chapter 11 trustee where animosity between a debtor and creditors
makes reorganization very unlikely. See, e.g., In re Colorado- Ute Elec. Ass'n, Inc., 120 B.R.
164, 176 (Bankr. D. Colo. 1990) (granting motion to appoint chapter II trustee where the debtor
refused to terminate the exclusive period and the "Court concludes that the creditors sincerely
and justifiably lack confidence in management"); In re Celeritas Technologies, LLC, 446 B.R.
514,521 (Bankr. D. Kan. 2011) (appointing chapter I I trustee with limited powers- "Acrimony
between debtor and creditor which impedes the reorganization effort is cause to appoint a chapter
II trustee."); In re Nartron Corp., 330 B.R. 573,591 and 593 (Bankr.W.D.Mich.
2005)(appointing chapter 11 trustee with limited powers where "[D]eep-seated conflict and
animosity between [creditor and debtor] is at the heart of this bankruptcy case" and insider was
target of possible avoidance action); (In reV: Savino Oil & Heating Co., 99 B.R. 518,527 n. II
(Bankr. E.D. N.Y. 1989) (referring to Section 1104(a)(2)- "Where, as here, it appears that no
meaningful progress toward reorganization is possible because of deep rooted animosities
between a Debtor and its major creditors, an independent reorganization trustee may well be
necessary to insulate the reorganization process from paralytic conflict").
2
LITIGATION/3574149.1
Case:12-24882-ABC Doc#:342 Filed:08/07/12 Entered:08/07/12 16:04:16 Page3 of 6
3. For avoidance of doubt, the CPOA and the District do not request that this
Bankruptcy Court resolve the issues pending in the state court litigation in which the CPOA is
named as a defendant -- Cordillera Golf Club, LLC, eta!. v. Cordillera Transition Corporation,
Inc., et a!., Case No. 20 11-CV -456, District Court, Eagle County, State of Colorado.
WHEREFORE, the District and the CPOA respectfully request that the Court appoint a
chapter 11 trustee and provide such additional relief as may be appropriate.
Dated this ih day of August, 2012.
LITIGA TION/3574149.1
SHERMAN & HOWARD L.L.C.
Peter A. Cal, Esq.
633 17th Street, Suite 300
Denver, CO 80202
Phone: 303-297-2900
Fax: 303-298-0940
E-Mail: [email protected]
ATTORNEYS FOR CORDILLERA
PROPERTY OWNERS ASSOCIATION, INC.
AND CORDILLERA METROPOLITAN
DISTRICT
3
Case:12-24882-ABC Doc#:342 Filed:08/07/12 Entered:08/07/12 16:04:16 Page4 of 6
CERTIFICATE OF MAILING
I hereby certify that on this 7
1
h day of August, 2012, a true and correct copy of the
foregoing JOINDER OF THE CORDILLERA METROPOLITAN DISTRICT AND THE
CORDILLERA PROPERTY OWNERS ASSOCIATION, INC. IN THE MOTION OF
CHERYL M. FOLEY, THOMAS WILNER, JANE WILNER, CHARLES JACKSON, MARY
JACKSON and KEVIN B. ALLEN, INDIVIDUALLY AND AS REPRESENTATIVES OF A
CERTIFIED CLASS OF MEMBERS, TO APPOINT CHAPTER II TRUSTEE was deposited
in the United States mail, postage prepaid, addressed to those listed on the attached list obtained
from Pacer as of August 7, 2012:
Is/ Donna Baros ~ J3c1/)t/'4-/
Donna Baros
4
LITIGATION/3574149. I
Case:12-24882-ABC Doc#:342 Filed:08/07/12 Entered:08/07/12 16:04:16 Page5 of 6
Label Matrix for local noticing Arthur J. l!hramowitz Megan M. Adeyemo
1082-1 Liberty View 555 17th St.
Case 12-24882-ASC Suite 300 Ste. 3400
District of Colorado 457 Haddonfield Road Denver, CO 80202-3937
Denver Cherry Hill, NJ 08002-2220
Tue Aug 7 13:15:02 MDT 2012
Zacbery z. Annable Garry R. Appel Joseph M Barry
500 N. Adard St. 1660 17th St. 1000 N. King Street
Ste. 3800 Ste. 200 Wilmington, DE 19801
Dallas, TX 75201-6659 Denver, CO 80202-1281
. Mikel R. Bistrow Donald J. Bowman Jr.
402 W. Broadway 1000 N. King St.
Ste. 2100 Willmington, DE 19801
San Diego, CA 92101-8510
Brad Breslau Travis Buchanan
707 17th St. 1000 N. King St.
Ste. 3100 Wilmington, DE 19801
Denver, CO 80202-3400 2023622
Kathryn M.S. Catherwood Christopher Celentino Shaun A. Christensen
402 W. Broadway 402 W. Broadway 1660 17th St.
Ste. 2100 Ste. 2100 Ste, 200
San Diego, CA 92101-8510 San Diego, CA 921018510 Denver, CO 802021281
Tobey M. Daluz Carl A. Eklund Saul Ewing
919 N. Market Street 1225 17th St. 222 Delaware Ave.
11th Floor Ste. 2300 Wilmington, DE 198011611
Wilnington, DE 19801-3023 Denver, CO 80202-5535
Tamara A. Hoffhuhr James J. Holman
1700 Lincoln St. 30 S, 17th St.
Ste. 3700 Philadelphia, PA 19103-4196
023622 Denver, CO 80203-4553
Ericka F. Johnson Kristi A. Katsma
an
222 Delaware Avenue 500 Woodward Avenue aw Ave.
Suite 1501 Suite 4000 8th F
"
Wilmington, DE 19801-1582 Detroit, MI 48225-5403
P
ilmington, DE 99-1150
Michael S. Kogan David L. Lenyo James T, Markus
1901 Avenue of the Stars 601 E. Ryman Ave. 1700 Lincoln St.
Suite 1050 Aspen, CO 81611-1954 Ste. 4000
Los Angeles, CA 90067-6036 Denver, CO 80203-4540
Vincent J. Marriott Melissa Maxman Dawn A. Messick
1735 Market Street 1627 I St., NW 402 w. Broadway
51st Floor Ste. 1100 Ste, 2100
Philadelphia, PA 191031507 Washington, DC 20006-4022 San Diego, CA 921018510
Case:12-24882-ABC Doc#:342 Filed:08/07/12 Entered:08/07/12 16:04:16 Page6 of 6
Mark Minuti Erika L. Morabito Benjamin Morris
222 Delaware Avenue 3000 K St., N.W. 102 West Broadway
Suite 1200 Ste. 600 Ste. 2100
Wilmington, DE 198011611 Washington, DC 200075109 San Diego, CA 921018510
Duane Moiris Paul Moss Russell L. Munsch
30 S. 17th St. 99918th St. 500 N. Akard Street
Philadelphia, PA 19103-1196 Ste. 1551 Suite 3800
Denver, co 802022415 Dallas, TX 752016659
Munsch Hardt Koph 1 Barr, P.C. Brittany J. Nelson Jay H. Ong
3800 Lincoln Plaza 3000 K St., N.W. 3800 Lincoln Plaza
500 N. Akard St. Ste. 600 500 N. Akard Street
Dallas, TX 752013302 Washington, DC 20007-5109 Dallas, TX 75201-3302
Jay J. Ong Jon Pearson
500 N. Akard St. 100 North City Parkway
Ste. 3800 Suite 1750
Dallas, TX 752016659 Las Vegas, NV 891064617
9-1150
Clarissa M. Raney Richard w. Riley Matthew J. Riopelle
555 17th St. 222 Delaware Ave. 402 W, Broadway
Ste. 3200 Ste. 1600 Ste. 2100
Denver, co 802023921 Wilmington, DE 198011659 San Diego, CA 921018510
Harlan W. Robins Sarah SchindlerWilliams Harvey Sender
15 N. 4th Street 1735 Market Street 1660 Lincoln St.
Columbus, OR 132153601 51st Floor Ste. 2200
Philadelphia, PA 191037507 Denver, CO 802642202
Zachary I. Shapiro Evan Stone Damien Tancredi
1 Rodney sq. 12318 High Bluff Dr, 1201 North Market Street
920 N. King St. Ste. 100 Suite 1400
Wilmington, DE 198013361 San Diego, CA 921303516 Wilmington, DE 198011163
Ann Marie Uetz David Wadsworth Matthew P. liard
One Detroit Center 1660 Lincoln St. 222 Delaware Ave.
500 Woodward Ave. Ste. 2200 Ste. 1501
Ste. 2700 Denver, CO 802642202 Wimington, DE 198011682
Detroit, MI 482263489
Gregory W. Werkheiser Ronald Wick Joseph J. Wielebinski
1201 N. Market St. 1627 I Street, NW 500 N. Akard St.
18th Fl. Suite 1100 Ste. 3800
PO Boxl347 Washington, DC 20006-4022 Dallas, TX 752016659
Wilmington, DB 19899-1317
Risa Lynn Wolf-Smith John F. Young Joshua E. Zugerman
555 17th St. 1700 Lincoln St. 919 N. Market Street
Ste. 3200 Ste. 4000 11th Floor
Denver, CO 802023921 Denver, CO 802031540 Wilmington, DE 198013023