The Bankruptcy Code's Inherent Limitations for Struggling Golf Courses

<b><i>Part One of a Two-Part Article</b></i><p>A simple Web search will unearth countless privately-owned golf courses that have closed, are for sale, or have sought bankruptcy protection as an avenue toward a financial restructuring or redevelopment. However, there are limitations on what the owner of a golf course can accomplish in Chapter 11 when the property is burdened with restrictive covenants limiting the use of the property.

12 minute readSeptember 01, 2018 at 12:05 AM
By
Daniel A. Lev
The Bankruptcy Code's Inherent Limitations for Struggling Golf Courses

A simple Google or LoopNet search will unearth countless privately-owned golf courses that have closed, are for sale, or have sought bankruptcy protection as an avenue toward a financial restructuring

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