(Download) "Mehaffy" by Colorado Supreme Court # Book PDF Kindle ePub Free
eBook details
- Title: Mehaffy
- Author : Colorado Supreme Court
- Release Date : January 30, 1995
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 85 KB
Description
We granted certiorari to review Central Bank Denver, N.A. v. Mehaffy, Rider, Windholz & Wilson, 865 P.2d 862 (Colo. App. 1993).*fn1 We affirm the court of appeals. Petitioners*fn2 represented the town of Winter Park (Town) and the Winter Park Development Authority (Authority) in connection with notes and bonds issued by the Authority in 1984 and 1985.*fn3 Central Bank Denver, N.A. (respondent), purchased the notes and bonds. Respondent's claims against petitioners are predicated on opinion letters that petitioners prepared at the request of their clients in connection with the offering and sale of the notes and bonds of the Authority. The court of appeals held that an attorney who issues an opinion letter for the purpose of inducing a non-client to purchase municipal notes or bonds can be liable for negligent misrepresentation when the opinion letter contains material misstatements of fact. We agree with the court of appeals and the remand of respondent's negligent misrepresentation claim against petitioners to the district court for trial.