Golden Seahorse LLC

  1. October 06, 2023

    Lenders Say NY Hotel Lacks Detail On Migrant Housing Transition

    Secured lenders in the Chapter 11 bankruptcy case of a New York City hotel told a New York bankruptcy court that a disclosure statement for the reorganization plan is "inadequate" because it is short on details for how the hotel will stop housing migrants and misclassified a proof of claim.

  2. January 30, 2023

    Bankrupt NYC Holiday Inn Gets OK To House Migrants

    A New York bankruptcy judge on Monday approved a contract between the bankrupt owner of a Holiday Inn in Manhattan's Financial District and a New York City agency to turn the hotel's 492 rooms into housing for migrant asylum-seekers, saying the upsides of the deal outweigh the risks.

  3. January 27, 2023

    Bankrupt NYC Holiday Inn Seeks OK To House Migrants

    The bankrupt owner of a Holiday Inn in Manhattan's financial district Friday asked a New York bankruptcy judge to approve a contract to turn the hotel's 492 rooms into housing for migrant asylum-seekers for the next 16 months.

  4. November 29, 2022

    Manhattan Holiday Inn Hits Ch. 11 After $137M Loan Default

    The owner of the 492-room Holiday Inn in Manhattan's Financial District filed for Chapter 11 protection in a New York bankruptcy court Tuesday, saying it was facing receivership after defaulting on a $137 million loan thanks to the COVID-19 pandemic.