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New questions arise about plans of Oklahoma City Coworking Collaborative's owners

An emergency injunction issued last week that prohibited founders of the Oklahoma City Coworking Collaborative from saying anything derogatory against US Fleet Tracking was lifted Tuesday as two sides continue their legal battle over a disputed $23,000 contribution.
by Steve Lackmeyer Published: October 10, 2012

“Knowing that they had already created an entirely different shell corporation — complete with website — to replace the CoCo under a different name, US Fleet Tracking cannot entertain any settlement offer which does not hold the CoCo founders responsible,” US Fleet Tracking representatives stated. “A failure to do so would enable them to execute the settlement, bankrupt CoCo, and have no responsibility under their settlement agreement.”

Parkhurst responded he has documentation showing planning for creating a separate entity in late 2011 — before a discussion took place between the collaborative and US Fleet Tracking. He said the intent was to turn okcCoCo into a nonprofit that would continue to provide mentoring, workshops and special event hosting, while the office lease would be handled by 404 LLC.

Parkhurst said 404 LLC was not set up with any intent of misleading US Fleet Tracking, and that funds contributed by the company were not used to benefit 404 LLC.

Parkhurst said new settlement discussions are being attempted as okcCoCo ends operations. With the demise of okcCoCo, mentoring and special events will cease, but Parkhurst said the office will remain open as the home of 404 LLC.

“I'm more hopeful than I've been in the past,” Parkhurst said of the likelihood of a resolution. “I think we're very close.”

by Steve Lackmeyer
Business Reporter
Steve Lackmeyer is a reporter and columnist who started his career at The Oklahoman in 1990. Since then, he has won numerous awards for his coverage, which included the 1995 bombing of the Alfred P. Murrah Federal Building, the city's Metropolitan...
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