July 19
Bankrupt travel firm 1800Hotels has at least 30 major US creditors
The Irish Times reports that bankrupt travel firm 1800Hotels has at least 30 major US creditors, including Google, Yahoo and the Internal Revenue Service, according to court documents. The company presented a list of creditors to a Florida court as it announced it is consolidating Chapter 11 bankruptcy protection for both its Irish parent company, Happy Duck, and for 1800Hotels, which it describes in other documents as a “fictitious” entity that allows Happy Duck to trade in the US. Google and Yahoo are owed undisclosed sums for advertising.