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Columbus lawyer A.C. Strip, who’s representing Columbus-based receiver Martin Management Services, said GE Capitap filed to put the golf club into receivershi p on Friday in Delaware Countyt CommonPleas Court. Details on the nature of Tartan’sw default weren’t immediately available, but Stripp said the club is less than 60 days behindx onits loan. Strip said that despited the filing, the receiver has “no intention now or in the futurd tocease operations” and that it “wants to give everu opportunity for the golf course to survived with its present management.
” “We’re at a crossroadzs and a number of possibilities could develop from this,” he Among those: A sale of the course, a chances for the course’s owners to reorganize in conjunction with GE Capital, or a refinancinf deal with another lender. A message seekin g comment was left with Tartab managementMonday afternoon.
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