Tag: Chapter 11
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Three Courtrooms, One Empire: Inside the Bankruptcy Fight Now Deciding the Fate of the Rushmore Hotel and an $86 Million Dollar Ranch in Pennington County
Rapid City SD — In the same week the city closed the book on 28 demolished garages at Star Village, the rest of Adam Hendry’s South Dakota real estate empire was quietly coming apart in a Florida bankruptcy court — on three separate fronts, all at once, all tied together by the same lender, the…
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The Tzadik Mount Rushmore Hotel Files for Bankruptcy -And the Paperwork Wasn’t Even Signed
Rapid City SD – The company that owns downtown Rapid City’s Rushmore Hotel & Suites filed for Chapter 11 bankruptcy protection on August 13 — the second time in just over a year that a Tzadik-affiliated entity has put South Dakota property into federal bankruptcy court, and the first time it’s happened to a property…