DOJ calls on independent trustee to take over LuxUrban
As LuxUrban Hotels winds its way through the bankruptcy process, a branch of the Justice Department is calling for an independent trustee to be placed in charge of the company. Attorneys for the Office of the U.S. Trustee filed a motion last week for an independent trustee to take over the bankrupt firm, Bisnow reported. The motion described the bankruptcy case as a “free fall” and described “chaos” encountered by customers and creditors alike, pointing to “gross negligence” on the part of LuxUrban. “A hotel operator … that leaves customers stranded, places people in rooms where no services are available, […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

From Mobile Game To Living Room: How Designer Brittny Button
Is Reinventing Furniture Design

Philippine Tycoon Lucio Tan’s PNB Prepares To List $1.4
Billion Property Arm

What Contingencies Are Standard and Which to Push Back On? A
Seller’s Guide for 2026

We Buy Houses Newport Beach, CA Top 5 Companies

We Buy Houses Merced, CA: Top 4 Companies

How to Sell My House for Cash in Northville

How to Sell My House for Cash in Prairie Village

We Buy Houses Fenton: Top 5 Companies

How to Sell My House for Cash in Lawrence

We Buy Houses Framingham: Top 5 Companies


