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LuxUrban Hotels Inc. (OTC:LUXH) and certain subsidiaries filed for voluntary Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of New York on September 14, 2025. The filing, disclosed in a press release statement and detailed in a recent SEC filing, is being administered under the case caption LuxUrban Hotels Inc., Case No. 25-12000.
According to the company, LuxUrban and its subsidiaries intend to continue operating their business and managing their properties as debtors-in-possession under sections 1107 and 1108 of the U.S. Bankruptcy Code. The company stated it expects to maintain ordinary-course operations during the Chapter 11 process while pursuing a court-supervised restructuring of its indebtedness and obligations.
The filing of the Chapter 11 petitions triggered events of default under certain of the company’s debt instruments, making the principal and interest due under those instruments immediately payable. However, as a result of the bankruptcy filing, any efforts by creditors to enforce payment obligations are automatically stayed, and creditors’ enforcement rights are subject to the provisions of the Bankruptcy Code.
LuxUrban Hotels Inc. is registered in Delaware and lists its principal executive offices in New York, NY. The company’s common stock and 13.00% Series A Cumulative Redeemable Preferred Stock trade on the OTC market under the symbols LUXH and LUXHP, respectively.
This report is based on information contained in a press release statement and the company’s filing with the Securities and Exchange Commission.
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