Aug 17 2009
River Road Hotel Files For Chapter 11
The River Road Hotel Partners LLC is the owner of the InterContinental Chicago O’Hare hotel and five affiliates.
With the recent global crisis, the River Road Hotel Partners LLC has recently announced that they have filed for Chapter 11 bankruptcy protection.
The company filed the Chapter 11 with the U.S. Bankruptcy Court for the Northern District of Illinois today. The River Road Hotel Partners LLC listed estimated assets of up to $100 million and estimated liabilities of up to $500 million.
The InterContinental O’Hare Hotel employs 147 full-time and 15 part-time employees.
