Country Club Filing for Bankruptcy
Posted on Apr 11, 2010 3:40pm PDT
Valley Country Club has filed for Chapter 11 bankruptcy protection. The country club has stated that they filed for bankruptcy in an effort to get a breather. The club is looking to ease its financial burdens by renegotiating the terms of its note. Currently, the club plans to pay all current bills as they have the cash flow to do so.
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