Colorado Bondshares, et al. v. Marin Metropolitan District, et al.

In an issue of first impression with potential far-reaching impacts, whether the Colorado Court of Appeals correctly construed case law stemming from this Court by concluding that a special district’s debt to bondholders need not be repaid because the Due Process Clause of the United States Constitution bars imposing a special assessment on a landowner not benefited by improvements, even where the owner acquired the land with full knowledge of both the special assessment and the lack of benefits that would be received.

In another issue of first impression with similarly far-reaching potential impacts, whether the Colorado Court of Appeals correctly construed case law emanating from this Court by concluding that a special district’s debt to bondholders need not be repaid under a theory of unjust enrichment where the district allegedly spent the money.