Law360, New York (May 08, 2012, 4:14 PM ET) -- A New York federal judge on Monday rejected a bid by eight Embassy Suites hotels to get off the hook in a $188 million loan default case, affirming US Bank NA has legal standing to sue the Windsor Capital Group Inc. affiliates in federal court.
U.S. District Judge John G. Koeltl shot down the hotel management company affiliates' subject matter jurisdiction challenges in an opinion filed Monday.
At issue was whether U.S. Bank or collection agent Torchlight Loan Services LLC is the real party in interest...
8 Embassy Suites Can't Dodge US Bank's $188M Loan Suit
To view the full article, take a free trial now.
