Madison Capital Co. v. Star Acquisition VIII

Opinion by

Judge TERRY.

Defendants, Star Acquisition VIII, Star Acquisition VII, Star Resources, and Tom Stover (Star), appeal the trial court's orders finding Star in indirect contempt and imposing remedial sanctions. We dismiss the appeal in part, affirm in part, reverse in part, and remand with directions.

I. Background

In 2006, Star and plaintiff, Madison Capital Company, LLC (Madison), entered into an agreement involving the financing and operation of various oil and gas properties in Colorado and New Mexico.

In 2007, after commencement of this action, the parties entered into a Stipulated…