Bloomberg News

Cerberus, Innkeepers Hearing in Buyout Fight Delayed by Judge

October 11, 2011

Oct. 11 (Bloomberg) -- A hearing in the dispute between Cerberus Capital Management LP and Innkeepers USA Trust over whether the U.S. economic decline justified the buyout firm’s termination of a deal to buy 64 Innkeepers hotels was delayed until later today in U.S. Bankruptcy Court in Manhattan.

To contact the reporter on this story: Tiffany Kary in New York at tkary@bloomberg.net

To contact the editor responsible for this story: David E. Rovella at drovella@bloomberg.net


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