June 01, 2012
A New York state court judge has granted U.S. Bank NA's motion to appoint a receiver in the bank's $188 million loan default complaint against eight Embassy Suites hotels, denying the hotels' motion for judgment on the receivership issue.
May 22, 2012
Eight Embassy Suites hotels asked a New York federal judge on Monday to reconsider their motion to toss a $188 million loan default complaint against them, the same day plaintiff U.S. Bank NA called out hotel manager Windsor Capital Group Inc. for trying to intervene unnecessarily in the suit.
May 08, 2012
A New York federal judge on Monday rejected a bid by eight Embassy Suites hotels to get off the hook in a $188 million loan default case, affirming US Bank NA has legal standing to sue the Windsor Capital Group Inc. affiliates in federal court.