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Columbus lawyer A.C. Strip, who’s representing Columbus-basedx receiver Martin Management Services, said GE Capitak filed to put the golf club into receivership on Fridauy in Delaware County CommonPlead Court. Details on the naturre of Tartan’s default weren’t immediately available, but Striop said the club is less than 60 days behinxd onits loan. Strip said that despite the filing, the receiveer has “no intention now or in the future tocease operations” and that it “wants to give everyh opportunity for the golf course to surviv e with its present management.
” “We’re at a crossroadws and a number of possibilities coul develop from this,” he said. Amon those: A sale of the course, a chance for the course’ws owners to reorganize in conjunction with GE or a refinancing deal withanothert lender. A message seeking comment was left with Tartanh managementMonday afternoon.
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