US Bank Claims Dibs On Extended Stay's $100M Guaranty
By Eric Hornbeck ( December 6, 2012, 9:00 PM EST) -- A U.S. Bank NA attorney urged a New York appeals court Thursday to overturn a "ridiculous" decision that put Extended Stay Hotels Inc.'s junior lenders ahead of it to collect on a $100 million guaranty during the chain's bankruptcy following an $8 billion leveraged buyout....
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