R&H Represents Homeowners in Dispute over HOA Featured in Denver Post
A dispute within a Brighton-area homeowners association is now in U.S. bankruptcy court, bringing questions about finances, governance, and accountability.
Robinson & Henry Real Estate Partner Peter Towsky represents the homeowners suing the association. The Denver Post interviewed Towsky in the article Lawsuit-riddled HOA conflict takes new turn - to U.S. bankruptcy court. Towsky said the bankruptcy has stalled the case for now.
“There’s not going to be movement on the state court case until or unless the bankruptcy court gives the blessing for such,” Towsky said. “I know the HOA filed for bankruptcy to stop the prosecution of the state court case. The question is whether or not there are actual solvency issues that justify the bank filing.”
While HOA bankruptcies are nearly unheard of, Towsky says this could set a precedent.
“At the very least, I would venture to say it’s exceedingly rare,” he noted.
The HOA at Todd Creek Farms filed for Chapter 11 bankruptcy on July 15. Todd Creek Farms is a high-end subdivision west of Brighton in Adams County.
Board president Jason Pardikes says the move is intended to “stop the bleeding” from mounting legal fees tied to a lawsuit brought by 21 homeowners.
The lawsuit, filed in 2023, alleges that HOA leadership violated bylaws by swapping board members’ terms, failing to disclose records, and mishandling a landscaping contract. Those claims are now paused as the bankruptcy court determines what happens next.
A major part of the conflict stems from the HOA’s relationship with Method Landscaping Services. Plaintiffs allege Pardikes has financial ties to the company, citing bank records in an Adams County Sheriff’s report.
They claim that those records show funds flowing from the HOA to the landscaping company and then into accounts belonging to Pardikes and his wife.
“We believe that Jason Paradikes, president of the HOA, benefited to the tune of well over $100,000, it’s fair to say over $150,000, from the money that Method Landscaping Services was paid by Todd Creek Farms HOA,” Towsky said.
For Towsky’s clients, the bankruptcy filing is the latest in a long string of delays.
“They believe this is just another act in a long pattern of behavior sought to avoid accountability,” Towsky said. “The plaintiffs believe there needs to be accountability.”
The homeowners’ lawsuit is on hold until the bankruptcy court decides whether it can proceed.
BusinessDen has also reported on this case, providing additional details about the dispute and its impact on the Todd Creek Farms community. You can read the coverage here: Partner Peter Towsky Calls for Accountability in HOA Case Featured in BusinessDen.
