Hooters Hotel in Las Vegas Goes to Auction
From VegasInc:
Feb. 17 Deadline Set For Sale
The Hooters hotel-casino in Las Vegas will we sold at auction under a deal disclosed in U.S. Bankruptcy Court on Tuesday.
The 696-room property on Tropicana Avenue, just east of the Las Vegas Strip, filed for Chapter 11 bankruptcy reorganization and protection on Aug. 1. The bankruptcy was filed to block a foreclosure threatened by Canpartners Realty Holding Company IV, holder of $178 million of Hooters’ $181 million face value in debt. Click here for the full story.
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