Company Building Motel Files for Bankruptcy
Posted on Apr 28, 2011 12:45pm PDT
Cross Lanes Hospitality LLC has reportedly filed Chapter 11 bankruptcy in order to seek protection from creditors while it reorganizes. According to reports, the company that builds motels has listed assets between about $1 million and $10 million. Debts for the company are reportedly also listed between $1 million and $10 million.
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