Innkeepers, Bankrupt Hotel Owner, Files Chapter 11 Plans
From Businessweek
Innkeepers, Bankrupt Hotel Owner, Files Chapter 11 Plans
MInnkeepers USA Trust proposed terms for at least four separate Chapter 11 plans after Cerberus Capital Management LP and Chatham Lodging Trust won a bankruptcy auction for 64 hotels with a bid of $1.12 billion. Click here to read the full story.
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