Legislation360 (March 8, 2021, 5:16 PM EST) — California luxury resort Fairmont San Jose has grow to be a further sufferer of the COVID-19 pandemic, shutting down and coming into Chapter 11 in Delaware individual bankruptcy courtroom as it seeks a home loan extension together with a new management corporation and brand.
FMT SJ LLC filed for bankruptcy and ceased operations at the resort Friday, but stated it hopes to reopen within just 3 months right after reorganizing to deal with the cratered occupancy charges brought on by the pandemic.
“We know that by having this tough step we will appear again a more lively hotel to the gain of every person in San Jose, which includes the vitality of…
Continue to be in advance of the curve
In the lawful occupation, facts is the vital to results. You have to know what’s taking place with customers, competitors, apply spots, and industries. Legislation360 provides the intelligence you need to have to stay an pro and beat the level of competition.
Obtain to case info inside of article content (figures, filings, courts, nature of fit, and much more.)
Entry to hooked up paperwork such as briefs, petitions, complaints, conclusions, motions, etc.
Make custom made alerts for specific post and situation subjects and so considerably much more!
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.