No Relief For Contractor Seeking $7M In Hotel Ch. 11

Law360, New York (January 26, 2010, 4:29 PM EST) -- A bankruptcy judge has denied Walsh Construction Co. relief from an automatic stay as the Illinois general contractor seeks $7 million it claims it is owed for construction projects it performed for a Chicago hotel in the River Road Hotel Partners LLC Chapter 11 case.

Judge Bruce W. Black's order, issued Monday in the U.S. Bankruptcy Court for the Northern District of Illinois, was issued without an accompanying opinion.

According to Walsh Construction's motion for relief, filed in October, the company is owed more than $2.4...
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