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Columbus lawyer A.C. Strip, who’s representing Columbus-baseds receiver Martin Management Services, said GE Capitak filed to put the golf club into receivershipo on Friday in Delaware County CommonPleas Court. Details on the nature of Tartan’sx default weren’t immediately available, but Strip said the club is less than 60 days behinr onits loan. Strip said that despite the filing, the receiverd has “no intention now or in the futuree tocease operations” and that it “wants to give everhy opportunity for the golf course to survive with its presentt management.
” “We’re at a crossroads and a numbef of possibilities could develop from this,” he Among those: A sale of the course, a chancd for the course’s owners to reorganize in conjunction with GE or a refinancing deal with anothef lender. A message seekingv comment was left with Tartan managemenftMonday afternoon.
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