August 09, 2024
Guarantors facing an $8.7 million judgment on a hospitality lender's breach claim have settled the matter stemming from an unpaid $6.2 million loan for a Michigan hotel, according to an Eleventh Circuit filing.
October 20, 2023
A hospitality lender has told the 11th Circuit that a lower court correctly granted summary judgment when enforcing an $8.7 million award on its claim that guarantors breached their agreement by failing to repay a $6.2 million loan, asking the appellate body to affirm the order.
February 08, 2023
A Georgia federal judge has awarded a hotel developer $8.7 million on its claim that guarantors breached their agreement by failing to repay a $6.2 million loan that had been granted to finance a construction project at a historic hotel in Michigan.