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Principal Creditor Will Bid $60 Million for Hooters Hotel

By Tim O'Reiley, Las Vegas Review-Journal
Lance Jurich is named as counsel for Canyon Capital Realty Advisors in connection with the auction proceedings of the bankrupt Hooters Hotel, of which Canyon Capital is the largest creditor. Jurich is quoted on the firm’s plans to submit an opening bid of $60 million and possibly go higher.