Hotels operators are filing for bankruptcy at a faster pace in the U.S. amid a resurgence of Covid-19 infections that clouds the outlook for sustained recovery. More may be on the horizon as lenders lose patience with defaulting property owners.

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The legal troubles roiling Los Angeles law firm Girardi Keese LLP, over alleged misappropriation of client funds that it received in connection with Lion Air crash settlements, are deepening.

A unit of Eagle Hospitality Real Estate Investment Trust, which owns a portfolio of corporate, leisure and airport hotels across the U.S., filed for bankruptcy protection in Delaware amid a collapse in travel due to the pandemic.

Eagle Hospitality Trust S1 files for chapter 11 bankruptcy protection in the District of Delaware court, according to a filing.

Investment firms including Oaktree Capital Management and BlackRock Inc. are organizing into two groups to negotiate with YPF SA after the Argentine oil producer proposed a debt swap that would saddle them with losses, according to people familiar with the matter.

Intralot’s long-term issuer default rating was downgraded by Fitch to C from CC.