Marriott Denied Bid to Move Wardman Hotel Bankruptcy to D.C.

Marriott International Inc. lost its request to transfer the bankruptcy case for the Wardman Park Hotel, the century-old conference center in Adams Morgan, to a court in Washington, D.C.

• Marriott lawyers argued in a hearing Tuesday that it makes sense for the restructuring to be conducted in D.C. rather than Delaware because the bankruptcy concerns a single asset, as opposed to a complex company.
• Wardman Park Hotel counsel said that the debtor and the equity holder are both Delaware-based companies, and changing venue would introduce uncertainty in the sale process.
  • More than 50 parties have already signed non-disclosure agreements ...