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Rocky Mountain Foods faces two new lawsuits from vendors
Photos courtesy of Rocky Mountain Foods)
Facing mounting debts and legal actions, a decades-old Denver-based snack manufacturer is trying to climb out of a rut.
After settling several smaller claims over the last year, Rocky Mountain Foods faces two new lawsuits from vendors trying to collect $900,000 from an allegedly breached loan and security agreement and $18,000 for unpaid staffing services.
Landmark Financial Corp., an equipment financing business with an office in Greenwood Village, filed the near $1 million bill on Jan. 18 in the District Court for Denver County.
Consequently, Landmark Financial demands Rocky Mountain Foods “immediately turnover all of the collateral,” including an estimated $750,000 worth of equipment.