Fairmont San Jose hotel owners win early rounds in bankruptcy case

Fairmont San Jose hotel owners win early rounds in bankruptcy case

3 years ago
Anonymous $hYN7Hy7o7J

https://www.siliconvalley.com/2021/03/17/fairmont-san-jose-hotel-win-early-bankruptcy-court-real-estate-covid/

SAN JOSE — The owner of the bankrupt and shuttered Fairmont Hotel in San Jose has won early rounds in the battle to refresh the iconic hotel’s shattered finances, court papers show.

A U.S. bankruptcy court judge has approved the Fairmont Hotel’s plans for short-term financing of $2.5 million to bolster current operations.