As addressed in the first part of this two-part article last month, addressing the problems confronting golf course owners seeking financial restructuring under Chapter 11
The Bankruptcy Code's Inherent Limitations for Struggling Golf Courses
<b><i>Part Two of a Two-Part Article</b></i><p>As addressed in the first part of this article last month, addressing the problems confronting golf course owners seeking financial restructuring under Chapter 11, the ability of a debtor to reject a restrictive covenant under Section 365 or to sell free and clear of a covenant under Section 363(f) is limited and the obstacles are difficult to surmount.

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