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Struggling Hotels Can Provide Turn-Down Service, Can't Be Turned Down for Subchapter V Bankruptcy | Ward and Smith, P.A.

Subchapter V of Chapter 11 of the Bankruptcy Code, which took effect in February 2020, creates a more streamlined and less expensive Chapter 11 reorganization path for small business. ....

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Hotel Owners and Subchapter V Bankruptcy

Wednesday, May 26, 2021
Subchapter V of Chapter 11 of the Bankruptcy Code, which took effect in February 2020, creates a more streamlined and less expensive Chapter 11 reorganization path for small business debtors.
It has proven popular during the COVID-19 pandemic, with over 1,800 cases filed. Hotel owners have been particularly hard hit during the pandemic, with occupancy rates plummeting over the past year. But Subchapter V is not available for single asset real estate debtors. Can a hotel reorganize under Subchapter V or must it go the cumbersome, more expensive, and time-consuming traditional Chapter 11 route? According to a recent decision from a bankruptcy court in Florida, a hotel is not a single asset real estate debtor because it provides services beyond renting rooms and, for that reason, can avail itself of Subchapter V. ....

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Pamplin Media Group - Hillsboro motel to become year-round homeless shelter

May 07 2021
Washington County received a $6.2 million grant from Project Turnkey to purchase the motel for the project.
Washington County plans to turn a motel in Hillsboro into the county s first year-round shelter for homeless and other at-risk groups after receiving grant funding for the project.
The county received $6.2 million from Project Turnkey to purchase the 60-room Econo Lodge Inn & Suites at 622 S.E. 10th Ave., according to a Thursday, April 22, announcement from the nonprofit Oregon Community Foundation.
The foundation is administering Project Turnkey, which was created by the Oregon State Legislature last fall using $65 million.
The project seeks to turn hotels across the state into non-congregate shelters for single adults experiencing homelessness and people impacted by the 2020 wildfires during the pandemic. ....

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Milford officer continues road to recovery, as support efforts roll in - Delaware State News

Milford officer continues road to recovery, as support efforts roll in - Delaware State News
delawarestatenews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from delawarestatenews.net Daily Mail and Mail on Sunday newspapers.

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Polk County Health Department Restaurant Scores from the Wednesday, Dec. 23, 2020 edition

Polk County Health Department Restaurant Scores from the Wednesday, Dec. 23, 2020 edition
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