REIT Agrees To Hand Off 7 Hotels In $144M Default Suit

By Grace Dixon · March 4, 2024, 6:28 PM EST

A New York federal judge has granted a trustee's motion for default judgment against affiliates of borrower Ashford Hospitality Trust — accused by the trustee of failing to repay loans worth...

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Case Information

Case Title

Wilmington Trust, National Association v. Ashford Tipton Lakes LP et al

Case Number

1:23-cv-09989

Court

New York Southern

Nature of Suit

Contract: Other

Date Filed

November 13, 2023