Kniffin v. Colorado Western Development Co.

KIRSHBAUM, Judge.

Defendants, Colorado Western Development Company (Colorado Western) and Lee E. Stubblefield, appeal a trial court judgment awarding damages of $1,355,209 to plaintiffs, W. V. Kniffin and Evelyn Knif-fin, on claims of breach of contract and preferential transfer. Defendants also appeal the trial court’s certification of those two claims as class action claims. We affirm in part and reverse in part.

The following facts are disclosed by the record. Colorado Western began to develop the Perry Park Residential Community near Colorado Springs in 1967. Stubblefield was its president…