2006 NEWS ARCHIVE

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Todd R. Seelman – Defeats Class Certification in $100 million Construction Defect Case

December 15, 2006

Todd R. Seelman was retained by a window manufacturer as special class action counsel in a state court action. Plaintiffs alleged construction/design defects impacting thousands of homes throughout the State of and alleged over $100 million in class-wide damages. After significant motion practice, Mr. Seelman was successful in defeating the class certification.

Newly Formed and

November 7, 2006, Election Day

Oil and Gas Drilling Company Financing Completed

November 2006

In connection with the burgeoning oil and gas industry in , Paul J. Hanley assisted with the closing of a $30 million credit facility on behalf of a based oil and gas drilling company. The $30 million credit facility was secured by a wide variety of collateral and assets, including a number of drilling rigs.

Thomas T. Grimshaw Recognized in Rocky Mountain News, Commentary

November 18, 2006

Thomas T. Grimshaw, one of the founding partners of , P.C. (formerly Caulkins, Cramer, ), was honored by cohort Walter A. “Buz” Koelbel, Jr. as one of only a few leaders who shared their collective visions 25 years ago in an effort to tackle ’s transportation needs. Over the years Buz and Tom, together with George Wallace, Larry Beardsley, John Madden, Ray Wells, Ray Bullock and Walt Imhoff, helped guide the newly completed and well-executed T-REX project. Of this core group, Mr. Grimshaw is one of five who remain involved today. We appreciate the salute to the group’s “quiet leadership” and its profound impact on the entire community over the past 25 years.

Series of Commercial Real Estate Acquisitions Completed

September 2006

Paul J. Hanley assisted a client with a series of six commercial real estate acquisitions throughout the country as part of an IRC Section 1031 exchange program. After selling a commercial property in California, the client proceeded to acquire six income producing commercial properties located in and other parts of the country. Mr. Hanley assisted with each of the acquisitions by forming a separate limited liability company for each of the acquisitions and by working with the client’s broker and opposing counsel to consummate the real estate acquisitions in a timely manner so as to qualify as like-kind exchanges under Section 1031.

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