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“Extortion demand” stopped $60M sale of offsite DIA parking, lawsuit says

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The halted sale of a $60 million parking lot near Denver International Airport has led two of the lot’s co-owners to accuse a third co-owner of extortion.

USAirport Parking, west of the airport at 18000 E. 81st Ave. in Commerce City, first opened in 1998. Its shuttle lot offers covered and uncovered parking, along with oil changes.

In January, Green Courte Partners, a Chicago company that owns The Parking Spot chain, offered to buy USAirport Parking for $57 million, according to a Nov. 20 lawsuit.

William Barber, a co-owner and manager of USAirport Parking, asked for $60 million instead and Green Courte agreed to pay $60 million in August, the lawsuit claims.

The ownership structure of USAirport Parking is layered and complex, with five LLCs splitting control. As the owner of one LLC and manager of two others, Barber “is able to exercise almost complete control over the business organization,” despite owning just 25.5 percent of USAirport Parking, according to his business partners, who own the other 74.5 percent.

When it came time to sell to Green Courte, Barber made what the other co-owners now call “his extortion demand”: $6 million off the top, before sale proceeds could be divvied up. Barber’s business partners, Milton Rotenberg and Timothy Marascuillo, rejected that demand, so Barber has blocked the $60 million sale ever since, according to the Nov. 20 lawsuit.

“As a result of this (corporate) structure, the owner of 25.5 percent of the business organization is able to preclude the sale of the assets at an extremely favorable price,” it states.

The plaintiffs in the lawsuit, which are the LLCs that Rotenberg and Marascuillo control, also accuse Barber of employing his family members “at salaries excessive for the tasks they perform” and allege that a disability has left him unable to make sound decisions.



The halted sale of a $60 million parking lot near Denver International Airport has led two of the lot’s co-owners to accuse a third co-owner of extortion.

USAirport Parking, west of the airport at 18000 E. 81st Ave. in Commerce City, first opened in 1998. Its shuttle lot offers covered and uncovered parking, along with oil changes.

In January, Green Courte Partners, a Chicago company that owns The Parking Spot chain, offered to buy USAirport Parking for $57 million, according to a Nov. 20 lawsuit.

William Barber, a co-owner and manager of USAirport Parking, asked for $60 million instead and Green Courte agreed to pay $60 million in August, the lawsuit claims.

The ownership structure of USAirport Parking is layered and complex, with five LLCs splitting control. As the owner of one LLC and manager of two others, Barber “is able to exercise almost complete control over the business organization,” despite owning just 25.5 percent of USAirport Parking, according to his business partners, who own the other 74.5 percent.

When it came time to sell to Green Courte, Barber made what the other co-owners now call “his extortion demand”: $6 million off the top, before sale proceeds could be divvied up. Barber’s business partners, Milton Rotenberg and Timothy Marascuillo, rejected that demand, so Barber has blocked the $60 million sale ever since, according to the Nov. 20 lawsuit.

“As a result of this (corporate) structure, the owner of 25.5 percent of the business organization is able to preclude the sale of the assets at an extremely favorable price,” it states.

The plaintiffs in the lawsuit, which are the LLCs that Rotenberg and Marascuillo control, also accuse Barber of employing his family members “at salaries excessive for the tasks they perform” and allege that a disability has left him unable to make sound decisions.

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