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Law360 (August 28, 2020, 8:58 PM EDT) —
The operator of a Trump-branded hotel in Vancouver announced Friday that the property’s extended closure due to the COVID-19 pandemic had sent it into insolvency with what it told Canadian authorities was close to CA$4.8 million ($3.66 million) in debt.
In the announcement, the parent company of TA Hotel Management LP, the operator of the Trump International Hotel and Tower, said that it had appointed an insolvency trustee Thursday.
“Its ongoing expenses since the outbreak