Post by Logan on Jun 28, 2016 4:28:25 GMT -6
SPRINGFIELD, Mo. (AP) — The head of a Missouri-based hotel chain that has 35 properties in 16 states says her company filed for Chapter 11 bankruptcy over the weekend so it could better deal with ongoing legal battles.
John Q. Hammons Hotels & Resorts CEO Jacqueline Dowdy says she doesn't anticipate the company's business operations being disrupted because of the Sunday filing in federal bankruptcy court in Kansas City, Kan.
The company owns Bloomington-Normal Marriott Hotel & Conference Center in uptown Normal.
The Springfield News-Leader reports the bankruptcy filing puts the brakes on a trial in Delaware that had been scheduled to start in late July.
Read more: www.pantagraph.com/ap/business/john-q-hammons-declares-bankruptcy-to-focus-on-legal-issues/article_18b39ce3-56cc-5165-af6b-65b87f27f0e4.html
John Q. Hammons Hotels & Resorts CEO Jacqueline Dowdy says she doesn't anticipate the company's business operations being disrupted because of the Sunday filing in federal bankruptcy court in Kansas City, Kan.
The company owns Bloomington-Normal Marriott Hotel & Conference Center in uptown Normal.
The Springfield News-Leader reports the bankruptcy filing puts the brakes on a trial in Delaware that had been scheduled to start in late July.
Read more: www.pantagraph.com/ap/business/john-q-hammons-declares-bankruptcy-to-focus-on-legal-issues/article_18b39ce3-56cc-5165-af6b-65b87f27f0e4.html