Mission among Creditors in Hotel Bankuptcy
CHANDLER, Ariz., March 28—Arizona Republic News reported that Mission Linen (Santa Barbara, Calif.) is among creditors of the Crowne Plaza San Marcos Golf Resort, which has filed for Chapter 11 bankruptcy protection. Mission is owed $1.4 million.
The Republic story indicated that the bills owed creditors are disputed and listed the hotel owner’s liabilities at between $10 million and $50 million. The filing halted a trustee sale that had been scheduled for March 29. The hotel is now in receivership.