The U.S. Supreme Court will consider whether police making an arrest must get a warrant before searching the suspect’s mobile phone, accepting two cases that test the bounds of privacy in the digital age.
Chatham Lodging Trust, the hotel- property fund operated by Jeffrey Fisher , became the first U.S. real estate investment trust this year to raise as much as it sought from buyers in its initial public offering.
A U.S. House committee chairman said the Internal Revenue Service official who refused to answer his panel’s questions today about her involvement in scrutinizing small-government groups may have waived her right to avoid testimony and might have to return.
Innkeepers USA Trust won final court approval for a reorganization plan that includes a sale of 64 of the company’s hotels to Cerberus Capital Management LP and Chatham Lodging Trust, paving its way to exit bankruptcy.
Innkeepers USA Trust , a hotel investment company owned by a vehicle managed by an affiliate of Leon Black ’s Apollo Investment Corp., filed for bankruptcy protection after room revenue fell and debt payments rose.
Cerberus Capital Management LP reached a tentative settlement with Innkeepers USA Trust over claims that it breached an agreement to buy the hotel company, according to two people with knowledge of the discussions.