Hotel Company Founded by John Q. Hammons Enters Chapter 11

[wsj-responsive-image P=”//” J=”//” M=”//” caption=”In a March 30, 2004, file photo, John Q. Hammons poses for a photo in his new 8,000 seat baseball stadium in Springfield, Mo. Hammons, a prominent hotel developer and southwest Missouri philanthropist, died May 26, 2013. A hotel company he founded filed for bankruptcy.” credit=”Associated Press” placement=”Inline” suppressEnlarge=”false” ]

A Missouri-based hotel company founded by hotelier John Q. Hammons filed for chapter 11 bankruptcy protection with assets and debts each more than $ 1 billion, according to court papers. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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