Tremont Chicago Hotel Lender Calls For End To Ch. 11 Case

By Jeff Montgomery · May 21, 2024, 3:25 PM EDT

Citing a bankrupt owner's lack of equity and longstanding defaults, the senior secured creditor to Chicago's defunct former Tremont Hotel has asked a Delaware bankruptcy judge to dismiss the case or...

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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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