Entities of Eagle Hospitality Trust file for bankruptcy protection in Delaware court
Add BT as a preferred source
ENTITIES of troubled Eagle Hospitality Trust (EHT) on Monday filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
Documents lodged showed that as many as 27 entities within the EHT stable filed for bankruptcy protection on Monday. These debtors have also moved for the joint administration of these cases.
Filings for EHT US1, Eagle Hospitality Trust S2 and Eagle Hospitality Trust S1 all listed estimated liabilities of US$500 million to US$1 billion.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Koh Brothers Eco Engineering faces up to S$57.6 million in potential liabilities from legal disputes
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
DayOne secures S$530 million green loan from DBS, OCBC and UOB for Singapore data centre
