Current posture
BY Hotel SPE-3 LLC is operating under continued interim cash-collateral authority, with final relief set for a September 24, 2026 hearing and objections due September 17; the authority is subject to the court-approved budget and expires on the earlier of a termination event or that hearing date. The notice of the fifth interim cash-collateral order Dkt. 302 provides replacement liens and cash-sweep protections for ACORE Capital Mortgage, LP, as agent for Delphi CRE Funding LLC, while permitting hotel operations within budget controls. The debtor may retain a $500,000 minimum operating balance plus the next biweekly budgeted disbursements; a 15% biweekly net-cash-flow variance is permitted, with variance reporting required within five days. The debtor commenced Chapter 11 on March 8, 2026 as part of a group of affiliated filings, as reflected in its voluntary petition Dkt. 1. It owns and operates Chicago Hilton and Best Western properties, and described the filing as a response to a foreclosure action and senior lenders' effort to appoint a receiver; it contended that receivership could trigger property-improvement requirements and disrupt favorable franchise arrangements. The amended…
Updated Aug 14, 2026
Affidavit/Declaration of Service re: First Monthly Application of Richards, Layton & Finger, P.A. For Allowance of Compensation for Services Rendered and for Reimbursement of Expenses as Counsel to the Debtors and Debtors in Possession for the Period from June 15, 2026 Through June 30, 2026 (Docket No. 314). Filed by Stretto. (related document(s)[314]) (Betance, Sheryl)
Docket 324 · Aug 20, 2026
Notice of Appearance. Filed by Su-Mei Yen and Hui-Hsien Bert Yen. (Attachments: # (1) Certificate of Service with Service List) (Jones, Laura Davis)
Docket 323 · Aug 20, 2026
Affidavit/Declaration of Mailing re: Certification of Counsel Regarding Revised Order Pursuant to Fed. R. Bankr. P. 9019 Approving Amended Forbearance and Settlement Agreement With APF-CPX I, LLC, Access Point Financial, LLC, and HDDA, LLC (Docket No. 296), Order Pursuant to Fed. R. Bankr. P. 9019 Approving Forbearance and Settlement Agreement with APF-CPX I, LLC, Access Point Financial, LLC, and HDDA, LLC (Docket No. 297), Notice of Withdrawal of Motion of Debtors for Entry of an Order Extending the Automatic Stay to Non-debtor Guarantors Su-Mei Yen and Hui-Hsien Yen Pursuant to 11 U.S.C. §§ 105(a) and 362 and Granting Related Relief (Docket No. 298)Certification of Counsel Regarding Fifth Interim Order (A) Authorizing Postpetition Use of Cash Collateral, (B) Granting Adequate Protection, (C) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001(b), and (D) Granting Related Relief (Docket No. 299), Fifth Interim Order (A) Authorizing Postpetition Use of Cash Collateral, (B) Granting Adequate Protection, (C) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001(b), and (D) Granting Related Relief (Docket No. 300), Notice of Amended Agenda of Matters Scheduled for Hearing on August 12, 2026 at 2:00 P.M. (ET), Before the Honorable J. Kate Stickles, at the United States Bankruptcy Court for the District of Delaware, 5th Floor, Courtroom 6 (Docket No. 301), and Notice of (I) Entry of Fifth Interim Order (A) Authorizing Postpetition Use of Cash Collateral, (B) Granting Adequate Protection, (C) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001(b), and (D) Granting Related Relief; And (II) Final Hearing Thereon (Docket No. 302). Filed by Stretto. (related document(s)[296], [297], [298], [299], [300], [301], [302]) (Betance, Sheryl)
Docket 322 · Aug 14, 2026
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