Innkeepers Creditors To Join Trial Over $1B Hotel Deal
By Sindhu Sundar ( October 6, 2011, 9:09 PM EDT) -- A bankruptcy judge ruled Wednesday that creditors of Innkeepers USA Trust could participate in an upcoming trial over whether a Cerberus Capital Management LP unit and Chatham Lodging Trust improperly reneged on their deal to buy 64 hotels for $1.12 billion....
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