Innkeepers USA Trust sued Cerberus Capital Management LP and Chatham Lodging Trust over their decision to call off their $1.12 billion purchase out of bankruptcy of 64 of its hotels. In a complaint ...
(Reuters) - Bankrupt Innkeepers USA Trust agreed to sell 64 of its hotels to Cerberus Capital Management LP and Chatham Lodging Trust for $1.02 billion, ending a bitter two-month dispute after the ...
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, ...
Private equity firm, Cerberus Capital Management, and Chatham Lodging Trust have won an auction to acquire hotels owned by bankrupt, Innkeepers USA Trust, The Wall Street Journal reports. The duo will ...
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