The Tony Cheval Golf & Country Club in Lutz is seeking Chapter 11 bankruptcy reorganization.
The popular 18-hole golf course property was in foreclosure proceedings when the bankruptcy petition was filed Feb. 6, court records show. The property includes the golf course, practice facility, clubhouse and pro shop. Assets and liabilities are estimated at $1 million to $10 million each.
Cheval Golf Club purchased the property in 2008 for $3.8 million but payments from the golf club to the seller to…
The Tony Cheval Golf & Country Club in Lutz is seeking Chapter 11 bankruptcy reorganization.
The popular 18-hole golf course property was in foreclosure proceedings when the bankruptcy petition was filed Feb. 6, court records show. The property includes the golf course, practice facility, clubhouse and pro shop. Assets and liabilities are estimated at $1 million to $10 million each.
Cheval Golf Club purchased the property in 2008 for $3.8 million but payments from the golf club to the seller to…