May
13

Golf Development Files for Bankruptcy

By
– The Sun News

The development company selling lots around Palmetto Greens Golf & Country Club in Longs has filed for Chapter 11 bankruptcy protection.

Mike Matheny, the owner of both the Palmetto Greens course and Carolina Shores Golf & Country Club, has asked courts to give him relief under Chapter 11 for Palmetto Greens Development Co. LLC. Chapter 11 allows for financial reorganization pursuant to a plan.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thesunnews.com/business/story/897653.html
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