Legal Opinion
Prospect Dev. Co. v. Holland & Knight, LLP
Colorado Court of Appeals
Decided July 26, 2018No. Court of Appeals No. 17CA0744PublishedCited by 2 opinions
1Opinion of the Court
Opinion by JUDGE ASHBY
¶ 1 Plaintiff, Prospect Development Company, Inc. (Prospect), appeals the district court's dismissal of its claims against its former counsel, defendant, Holland & Knight, LLP (H&K), under C.R.C.P. 12(b)(5). We reverse and remand.
I. Background
¶ 2 Prospect owned and sold undeveloped lots near Crested Butte, Colorado. It relied on H&K, its counsel, to prepare federally mandated property reports for prospective buyers of the lots. These property reports stated that Prospect was responsible for the costs of constructing roads, sewage systems, and other infrastructure for the…
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