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Extended Stay Trustee Bows Out After Feud Over Lender Suits

By Liz Hoffman (July 6, 2012, 2:45 PM EDT) -- The liquidation trustee for bankrupt hotel chain Extended Stay Inc. on Thursday asked to be released from the case, after failing to resolve a disagreement with the company's unsecured creditors about whether to sue five mezzanine lenders who financed the 2007 buyout that eventually crippled the company....

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