Filing Alert: Le Méridien Pasadena Arcadia Chapter 11
Le Méridien Pasadena Arcadia Files Chapter 11 in Central District of California
SAICP Hotel, LLC (dba Le Méridien Pasadena Arcadia), an Arcadia, CA-based owner and operator of a hotel, filed for Chapter 11 protection on Apr. 30 in the U.S. Bankruptcy Court for the Central District of California.
The company reports $50 million to $100 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-14338.
Key Parties
Counsel:
- Michael Jay Berger
Law Offices of Michael Jay Berger
Email: [email protected]
Signatories:
- Jia Liu – Member
Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.
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