Hawthorns Golf & Country Club owner files Chapter 11 bankruptcy case

By Caroline Salls

Pittsburgh, Jan. 27 - Hamilton Proper Partners Golf Partnership, LP, which does business as The Hawthorns Golf & Country Club, filed Chapter 11 bankruptcy on Friday in the U.S. Bankruptcy Court for the Southern District of Indiana.

In connection with the bankruptcy filing, the company obtained a commitment for up to $200,000 in debtor-in-possession financing from Horizon III, LLC to fund ongoing expenses and allow Hamilton Proper to complete its reorganization.

Interest will be 3%.

The financing documents did not specify the maturity date.

According to court documents, Hamilton Proper has zero to $50,000 in assets and $50 million to $100 million in debt.

The company's largest unsecured creditors are Sana Corp. of Boca Raton, Fla., with a $24.64 million unsecured loan claim; Harold D. Garrison Irrevocable Trust, based in Indianapolis, with a $14.54 million unsecured loan claim; and NADM of Boca Raton, Fla., with a $7.46 million unsecured loan claim.

The company is represented by Dale & Eke, PC.

Hamilton Proper is the Indianapolis-based owner of Hawthorns, a private membership golf club. The Chapter 11 case number is 14-00461.

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