Tartan Fields in receivership - Business First of Columbus:

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Columbus lawyer A.C. who’s representing Columbus-based receiver Martin Management said GE Capital filed to put the golf club into receivershilp on Friday in Delaware Countu CommonPleas Court. Details on the nature of Tartan’s default weren’t immediatelyh available, but Strip said the club is less than 60 days behincd onits loan. Strio said that despite the filing, the receiver has “nio intention now or in the future toceaswe operations” and that it “wants to give every opportunity for the golf coursre to survive with its present management.
” “We’re at a crossroadsa and a number of possibilitiese could develop from this,” he Among those: A sale of the course, a chance for the course’as owners to reorganize in conjunctionm with GE Capital, or a refinancingh deal with another lender. A messagse seeking comment was left with Tartan managementgMonday afternoon.