2009-11-17housingwire.com

A US Bankruptcy Court judge ruled late last week to grant the debtor access to names of certificate-holders of a $4.1bn commercial mortgage-backed security (CMBS) trust, according to weekly market commentary by Moody’s Investors Service.

The Extended Stay Hotel (ESH) chain, which filed for bankruptcy in June, requested the securitization trust holding legal title to the $4.1bn of mortgages on 680 hotels provide the names to help ESH in developing its reorganization plan.


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