Bankrupt downtown San Jose hotel reopening lands in limbo after court ruling

Bankrupt downtown San Jose hotel reopening lands in limbo after court ruling

3 years ago
Anonymous $drS9DEX_Sj

https://www.siliconvalley.com/2021/06/29/bankrupt-downtown-san-jose-hotel-reopen-limbo-court-real-estate-covid/

SAN JOSE — The reopening of a bankrupt downtown San Jose hotel that’s been closed since March in the wake of the coronavirus has landed in limbo after a judge’s ruling.

A set of decisions by a U.S. Bankruptcy Court judge enables the start of an arbitration proceeding to resolve a dispute between the bankrupt Fairmont San Jose hotel’s owner and the iconic lodging’s operators.

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