Two North Carolina Boutique Hotels Seek to Restructure in Chapter 11

Hendren, Redwine & Malone filed chapter 11 for two boutique hotels located in the triangle area.  The restructuring plan includes the marketing and sale of the Debtor’s Durham hotel, which will result in full payment of all claims associated with that location.  Further, the profits from the sale will be used to restructure the operations of the Company’s Cary, North Carolina location.

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