Southern Golf Bankruptcy – Debtor Background, Creditor Picture, Top Unsecured Creditors

Southern Golf Partners, LLC  (“Southern Golf” or the “Debtor”) filed a petition on January 20, 2010 in the Bankruptcy Court for the Northern District of Georgia (case number is 10-61636) for relief under Chapter 11 of Title 11 of the United States Code.  Whether the case will generate bankruptcy preference claims will largely be determined by the direction of the case – if the Debtor seeks to sell its business operations under a Section 363 sale the events leading to the bankruptcy would seem to make it a ripe for bankruptcy preference actions to be brought.  In the initial stages, however, this case seems focused on rejection of leases.

The case has been assigned to Judge C. Ray Mullins.  The bankruptcy petition was signed by A. Boyd Simpson as Sole Manager of the Debtor.  The Debtor’s bankruptcy counsel is J. Robert Williamson of the firm of Scroggins & Williamson of Atlanta, Georgia.

We have provided a courtesy copy of the Southern Golf Docsheet™ Report for further contact information for the Debtor’s counsel and the U.S. Trustee assigned to the case and “first day” docket entries in the bankruptcy.  The Southern Golf Docsheet™ Report will be updated periodically to identify subsequent developments.

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