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Latest Breaking News On - ஏகோனோ லாட்ஜ் சத்திரம் அறைத்தொகுதிகள் - Page 1 : comparemela.com

Struggling Hotels Can Provide Turn-Down Service, Can't Be Turned Down for Subchapter V Bankruptcy | Ward and Smith, P.A.

Subchapter V of Chapter 11 of the Bankruptcy Code, which took effect in February 2020, creates a more streamlined and less expensive Chapter 11 reorganization path for small business.

Florida
United-states
Texas
Econo-lodge-inn-suites
Econo-lodge
Bankruptcy-court
Bankruptcy-code
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State-bank
புளோரிடா
ஒன்றுபட்டது-மாநிலங்களில்

Hotel Owners and Subchapter V Bankruptcy

Wednesday, May 26, 2021 Subchapter V of Chapter 11 of the Bankruptcy Code, which took effect in February 2020, creates a more streamlined and less expensive Chapter 11 reorganization path for small business debtors.  It has proven popular during the COVID-19 pandemic, with over 1,800 cases filed.  Hotel owners have been particularly hard hit during the pandemic, with occupancy rates plummeting over the past year.  But Subchapter V is not available for single asset real estate debtors.  Can a hotel reorganize under Subchapter V or must it go the cumbersome, more expensive, and time-consuming traditional Chapter 11 route?  According to a recent decision from a bankruptcy court in Florida, a hotel is not a single asset real estate debtor because it provides services beyond renting rooms and, for that reason, can avail itself of Subchapter V.

Florida
United-states
Texas
Econo-lodge-inn-suites
Econo-lodge
Bankruptcy-court
Bankruptcy-code
Econo-lodge-inn
State-bank
புளோரிடா
ஒன்றுபட்டது-மாநிலங்களில்

Pamplin Media Group - Hillsboro motel to become year-round homeless shelter

May 07 2021 Washington County received a $6.2 million grant from Project Turnkey to purchase the motel for the project. Washington County plans to turn a motel in Hillsboro into the county s first year-round shelter for homeless and other at-risk groups after receiving grant funding for the project. The county received $6.2 million from Project Turnkey to purchase the 60-room Econo Lodge Inn & Suites at 622 S.E. 10th Ave., according to a Thursday, April 22, announcement from the nonprofit Oregon Community Foundation. The foundation is administering Project Turnkey, which was created by the Oregon State Legislature last fall using $65 million. The project seeks to turn hotels across the state into non-congregate shelters for single adults experiencing homelessness and people impacted by the 2020 wildfires during the pandemic.

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District-of-columbia
United-states
Hillsboro
Oregon
Portland
Kathryn-harrington
Josh-crites
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Econo-lodge
Oregon-community-foundation

Milford officer continues road to recovery, as support efforts roll in - Delaware State News

Milford officer continues road to recovery, as support efforts roll in - Delaware State News
delawarestatenews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delawarestatenews.net Daily Mail and Mail on Sunday newspapers.

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Delaware
United-states
Cheswold
Maryland
Rehoboth-beach
Pennsylvania
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Amanda-webb
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