Times Square Hotel Gets OK For $418M Debt Swap Ch. 11 Plan

By Rick Archer (March 16, 2023, 2:43 PM EDT) -- A New York bankruptcy judge Thursday approved a $418.7 million debt-equity swap to end the Chapter 11 case of the owner of the Crowne Plaza Times Square Manhattan Hotel, rejecting a challenge by the U.S. Trustee's Office to the plan's claims releases....

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