Former Partner Sues Denver-Based Bao Brewhouse
Alexander Comisar alleges wrongful termination and unpaid ownership stakes.
Updated on Oct. 30, 2026 in Openings & Closings
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Alexander Comisar has filed a lawsuit against Bao Brewhouse and Michael Swift, claiming he was denied compensation for ownership stakes. The complaint alleges he was terminated after requesting access to company financial records.
Why it matters
The legal action highlights disputes over ownership agreements and transparency in business management. The plaintiff is seeking compensation for alleged unpaid distributions and damages for involuntary dissociation.
Court filings indicate Comisar was offered equity stakes including 4% in Bao Brewhouse, 25% in Bao Tennyson, and 5% in Dump'd. Swift also reportedly offered to sell an 18% equity stake in Bao Brewhouse for $385,000.
The players
Alexander Comisar
The plaintiff who filed the lawsuit seeking payment for his alleged ownership stakes.
Michael Swift
A defendant in the case who reportedly managed financial negotiations regarding company equity.
Bao Brewhouse
A Denver-based restaurant group with operations in Larimer Square and at Ball Arena.
The details
Comisar claims his initial stake in Bao Tennyson was reduced to 20% to accommodate another partner. He alleges he was eventually presented with an amended agreement that replaced his ownership interest with a bonus plan.
Timeline
January 2024: Comisar was offered a 4% equity stake in Bao Brewhouse.
February 2025: Comisar was offered a 25% stake in Bao Tennyson.
September 2025: Comisar was offered a 5% stake in the Dump'd brand.
January 2026: Comisar received an amended agreement replacing his interest.
October 27, 2026: Comisar filed the lawsuit against the restaurant group.
Market Landscape
This litigation highlights the challenges of small business partnership governance under the Colorado Limited Liability Company Act. The dispute underscores how disagreements over equity dilution and financial transparency can disrupt company operations.
While the legal dispute involves internal partnership structures, it draws attention to the management of popular local venues like those at Larimer Square and Ball Arena. Customers should not expect immediate changes to service or pricing as a direct result of this filing.
The takeaway
Disputes over equity often hinge on the specific language contained within signed operating agreements. Partners should ensure all terms regarding stake reductions and compensation plans are clearly documented to avoid future litigation.
Further reading
For more on local hospitality developments, visit the Denver Openings & Closings section.
Source note: This article includes information reported by Denver Westword.
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