Beaupre v. Kingen

SHEPARD, Justice.

This is an appeal by defendants-appellants Kingen and Betzold from a judgment against them in an action brought by plaintiff-respondent Beaupre. Beaupre had sued for moneys expended by him pursuant to an alleged oral agreement to employ attorneys to defend lawsuits against a corporation in which the three parties were the sole stockholders. We affirm.

Beaupre, Kingen and Betzold formed the Colo-Robin Corporation in March 1981, for the purpose of operating a franchised Red Robin restaurant in Aspen, Colorado. Each party contributed capital to the corporation. The three men…