Harrison v. WAHATOYAS, L.L.C.

LUCERO, Circuit Judge.

Appellants’ predecessors in interest borrowed money from two banks to finance a golf course located in La Veta, Colorado. 1 After financial difficulties, appellants settled the inevitable ensuing litigation by paying off the loan to one of the banks. They contend that an agreement between the banks required distribution of the settlement proceeds to appellants’ debts with both banks. When appellants learned that the settlement money had not been apportioned, they filed suit alleging breach of contract, breach of the duties of good faith and fair dealing, breach of…