RSS WFCM2020-C55 - MI RHM, LLC v. RKJ Hotel Management, LLC et al
Case Number:
4:21-cv-11345
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May 17, 2023
$30M Debt Suit Stayed As Detroit Hotel Goes On Sale
A Rialto Capital affiliate and a Marriott franchisee have agreed to pause litigation seeking $30 million over a defaulted loan for a Detroit hotel while they look for a buyer for the property, according to Tuesday filings in Michigan federal court.
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May 03, 2023
Lender, Guarantor Allege Bad Faith In $30M Debt Suit
The relationship between a Rialto Capital affiliate and the owner of a since-defunct hotel operator curdled further when the parties accused each other in Michigan federal court of hiding assets and weaponizing records produced under a protective order.