March 17, 2022
A Delaware bankruptcy judge has shot down nearly $21.3 million in claims against Eagle Hospitality Group for unpaid hotel management fees and costs, saying the management companies' contracts weren't with Eagle.
December 20, 2021
A Delaware bankruptcy judge told Eagle Hospitality Group on Monday that it must narrow the exculpation clause in its Chapter 11 plan, but refused to hold up its liquidation while a pair of investors the judge had called "fraudsters" appeal their claims against the hotel chain.
December 14, 2021
Two "fraudsters" who snubbed a Delaware bankruptcy court's order to return $2.43 million to Eagle Hospitality Group's bankrupt U.S. hotels will each be fined $250 per day until they make good on the debt, the judge in the case said Tuesday.
December 10, 2021
Two investors in Eagle Hospitality Group hotels who have been sanctioned for contempt and labeled "fraudsters" by a Delaware judge have objected to the bankrupt hotel owner's Chapter 11 plan, saying it shouldn't be confirmed until their appeals to federal district court are resolved.
November 19, 2021
The Delaware bankruptcy judge presiding over the Eagle Hospitality Group Chapter 11 case said late Friday that he is weighing whether jail time might be needed to compel two men to give a full accounting of COVID-19 relief money intended for the floating Queen Mary Hotel that they allegedly diverted.
November 15, 2021
Warning that jailing is an option, a Delaware bankruptcy judge on Monday found two key figures in a 15-hotel bankruptcy in contempt of an order to return $2.4 million in federal pandemic aid funds diverted from a hotel in Long Beach, California, with a sanctions hearing slated for Friday.
November 02, 2021
A Delaware bankruptcy judge has given hotel operator Eagle Hospitality Group the go-ahead to pay $9 million to Marriott International and the owner of the Holiday Inn hotel chain to settle more than $46 million in claims for licensing and franchise fees.
October 29, 2021
Struck by "confoundingly dense" descriptions of plan and disclosure terms in chronically murky Eagle Hospitality Group's proposed Chapter 11 documents, the Office of the U.S. Trustee urged a Delaware bankruptcy court judge to reject their approval, and said the plan is not ready for voter solicitations.
October 15, 2021
Eagle Hospitality Group has rolled out a plan and disclosure statement for its Delaware Chapter 11 liquidation, aiming to complete voting by Dec. 9 and secure a confirmation on Dec. 16 or 20 for a liquidation that will pay about $379.5 million to top creditors in the 15-hotel bankruptcy.
October 05, 2021
Eagle Hospitality Group has reached an agreement with prepetition lenders and unsecured creditors over funding of its Singapore affiliates, allowing the company to move forward on a restructuring plan that could wrap up its Chapter 11 by year's end, the parties told a Delaware bankruptcy judge Tuesday.