Suede split prompts lawsuit | ParkRecord.com
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Suede split prompts lawsuit

The former owners of the now-defunct Suede nightclub at Kimball Junction appear headed for a messy breakup in court.

Josephine B. Fey filed a lawsuit against Tara Cinelli and Eric Oldham, who were her partners in the club.

Fey entered into an agreement with Cinelli and Oldham in October 2004, the eight-page complaint Fey filed in 3rd District Court states.

Fey agreed to sell her 30 percent interest in Ultrasuede, LLC, to Cinelli and Oldham for $50,000, the lawsuit states.

"The agreement also required Ultrasuede, [Oldham and Cinelli] to individually and personally indemnify [Fey] from ‘any and all actions, suits, damages, claims and demands whatsoever arising by reason of any act or omission in keeping, observing, and performing any term, condition or provision of any and all other obligations of Ultrasuede," Fey’s complaint filed against Ultrasuede, Cinelli and Oldham states.

The contract requires Fey to receive $50,000 plus interest, according to the lawsuit.

Fey claims she "has repeatedly been served with demands for payment from individuals and entities with respect to obligations of Ultrasuede."

"[Fey] has paid in excess of $1,000 for obligations of Ultrasuede," the lawsuit states.

Cinelli and Oldham defaulted on the agreement with Fey when they failed to make a payment last October, the lawsuit states.

"Ultrasuede has refused to pay the unpaid principal balance and interest," Fey’s complaint claims.

The Suede nightclub was located at Kimball Junction at 1612 Ute Blvd.


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