financial restructuring
JQH Files for Chapter 11 Bankruptcy to Restructure Financial Footing
John Q. Hammons Hotels & Resorts | June 28, 2016
SPRINGFIELD, Mo.--(June 28, 2016)--John Q. Hammons Hotels & Resorts (JQH) today announced that the family of companies, the Revocable Trust of John Q. Hammons, and their related affiliates have filed voluntary petitions to restructure under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court of the District of Kansas at Kansas City. JQH held a press conference this morning in Springfield to announce the filing. JQH is a leading private, independent owner and manager of hotels in the United States, including operating more than 1 million square feet of superb meeting space. According to JQH's CEO Jacquie Dowd...