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Beechwood Lakeland Hotel, LLC v. U.S. Bank National Association
Case Number:
8:20-cv-01022
Court:
Nature of Suit:
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Companies
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May 06, 2020
Hotel Operators End CMBS Trustee Suits Over Relief Loans
Several hotel operators seeking assurances that they can participate in the Paycheck Protection Program without triggering defaults on their mortgages have reached deals to avert impending New York and Florida federal court battles.
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May 04, 2020
Hotel Operators Say PPP Shouldn't Jeopardize Old Loans
Operators of hotels in several states have asked New York and Florida federal courts to rule that they can participate in the Paycheck Protection Program without fear of triggering a default on prior loans whose terms forbid taking on more debt.