{"schema_version":"secwatch.filing_event.v1","accession":"0001617406-23-000006","form_type":"8-K","ticker":"PK","cik":"0001617406","company_name":"Park Hotels & Resorts Inc.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.796809+00:00","generated_at":"2026-06-09T08:35:01.450685+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Park Hotels faces receiver appointment for two San Francisco hotels after CMBS loan default","bullets":["Trustee filed lawsuit to appoint receiver for Hilton SF Union Square & Parc 55; default on $725M CMBS loan since June 2023.","Receiver will have exclusive control, authority to market and sell hotels by Sept 1, 2024 (60-day extension if under contract).","If hotels not sold within period, receivership ends with non-judicial foreclosure.","Company anticipates receiver appointment within next few business days."],"urls":{"canonical":"https://secwatch.observer/filing/0001617406-23-000006","json":"https://secwatch.observer/filing/0001617406-23-000006.json","markdown":"https://secwatch.observer/filing/0001617406-23-000006.md","text":"https://secwatch.observer/filing/0001617406-23-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617406/000161740623000006/0001617406-23-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617406/000161740623000006/pk-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:35:01.450685+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}