Word: motels
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Some firms have found that the best way to survive Chapter 11 is to escape it as swiftly as possible. The Days Inns motel chain brought 1,200 franchises out of Chapter 11 in January after a relatively brief 17-month stay. "A lot of bankruptcies just go on forever," says John Snodgrass, who heads the franchise operations. "But the judge made sure we didn't get bogged down and drawn out. It really serves no one but attorneys to continue in bankruptcy for a lengthy period of time. It can't be healthy for a business to do that...
...owns one of the clinics near Jackson. Two years ago, when she went to the capital to argue against the bill before a state legislator, she got a sense of what she was up against. "His exact words were, 'I have no sympathy for anyone who cannot afford a motel room...
...that time the FBI's forensic team had flown to Newfoundland on the day of the crash, then sat in a Gander motel, the subcommittee found, awaiting "whatever reports or conclusions Canadian authorities saw fit to share with them. After a mere 36 hours the agents accepted a declaration that 'terrorism was not involved,' and returned home." The FBI claimed the Canadians did not allow its agents to visit the crash site or to participate in the investigation. But nothing prevented the bureau from launching a worldwide hunt for terrorist involvement, as it did after the Pan Am bombing...
Tenant Felix A. Perez, 33, is temporarilystaying at a Howard Johnson motel with his wife,three children and brother-in-law. He said he isunemployed and discouraged about his situation."Now it's a mess." Perez said. "Many people arehomeless and looking for new apartments...
Whittling away $4.5 million from the school district's $71.5 million budget seems to be the only solution. The property tax rate sits at an unchangeable 2.5 percent, leaving only hotel and motel taxes as the only base for increased revenue...