Doubletree Files for Bankruptcy
Posted on Jul 2, 2011 7:15pm PDT
The Tucson, Arizona Doubletree Hotel has reportedly filed for bankruptcy protection. According to reports, the company filed for Chapter 11 bankruptcy. The company is now hoping to protect itself from legal action while it works on restructuring its debt. The company reportedly listed liabilities at about $52 million and assets at about $14 million.
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