Downtown Chicago Hotel Hits Ch. 11 With Up To $50M In Debt

By Yun Park · April 23, 2024, 5:06 PM EDT

A defunct hotel near Chicago's commercial center has applied for Chapter 11 protection in Delaware bankruptcy court, disclosing between $10 million and $50 million in debt, a few months after the...

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Bankruptcy Scorecard

Summary

The owner of the Tremont Chicago Hotel filed for bankruptcy in hopes of stabilizing operations and reducing debt coming off of recent turmoil with tenants operating the hotel.

Case Number

24-bk-10844

Judge

Laurie Selber Silverstein

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$10 million to $50 million

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Documents

Related Sections

Case Information

Case Title

Tremont Chicago, LLC

Case Number

1:24-bk-10844

Court

Delaware

Nature of Suit

Date Filed

April 22, 2024

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