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State Courts -
Colorado - June 26, 2008
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Rhino Fund, LLLP v. Hutchins, Court of Appeals No. 06CA 1172,
COURT OF APPEALS OF COLORADO, DIVISION ONE, June 26, 2008, Decided
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Overview: Manager was liable for conversion and civil theft, because the investor agreement was unenforceable to the extent that it purported to exempt the manager from personal tort liability, when the manager made false statements to induce the loan, and commingled the collateral proceeds that should have been placed in an escrow account.
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