The chapter 11 bankruptcy of Aspen Constructors, a builder of luxury homes, has come to an end, the Aspen (Colo.) Times reported. Bankruptcy Judge Elizabeth Brown signed an order dismissing the case on Friday in response to the company's motion to toss it out because of the settlement of litigation in Pitkin County District Court. Aspen Constructors declared chapter 11 on Dec. 29 and continued to operate through the bankruptcy. The bankruptcy was ignited by a $1.3 million arbiter's award to the owner of a home on which Aspen Constructors was the general contractor. The owner, Fort Lauderdale, Fla.-based West Hallam LLC, sued Aspen Constructors and subcontractor Argento Marble in 2014 for construction defects on the home. The case went to arbitration, leading to the award that prompted Aspen Constructors in August to sue its insurance provider, Cincinnati Insurance Co., which initially had defended Aspen Constructors in the arbitration proceedings but denied coverage for the award.
