Denver-area brewery accuses co-founder of diverting $1 million to himself, other businesses

Joyride Brewing sued one of its co-owners Friday, saying he racked up $420,000 in “unneeded and unapproved” debt and spent hundreds of thousands of dollars in brewery money to pay bills and expenses for two other businesses, including a well-known club.

The lawsuit comes two weeks after Joyride, 5217 W. 25th Ave. in Edgewater, announced that it had filed for bankruptcy protection. In that announcement, Joyride president and co-founder Dave Bergen said the move was the result of “malfeasance” by a former general manager.

On Monday, Joyride identified that general manager as Grant Babb, who opened Joyride with Bergen in 2014. Babb, who ran unsuccessfully for mayor of Edgewater in 2017, is also part owner of famed South Broadway music venue Herman’s Hideaway, the suit said, and of Live Slow Brewing. Live Slow Read Entire Article