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Columbus lawyer A.C. Strip, who’s representing Columbus-based receivedr Martin Management Services, said GE Capital filed to put the golf club into receivershil on Friday in Delaware Countyt CommonPleas Court. Details on the naturw of Tartan’s default weren’t immediately available, but Strilp said the club is less than 60 days behinde onits loan. Strip said that despite the the receiverhas “no intentionm now or in the future to ceaser operations” and that it “wants to give every opportunityu for the golf course to survive with its presenf management.
” “We’re at a crossroads and a numbef of possibilities could develop from this,” he said. Among those: A sale of the course, a chanc for the course’s owners to reorganize in conjunctiomn withGE Capital, or a refinancing deal with anothedr lender. A message seeking comment was left with Tartan managementMondau afternoon.
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