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December 19, 2011

Barefoot Resort, Ocean Ridge Plantation fine financially

I've heard from executives of both Barefoot Resort and Ocean Ridge Plantation stating that some people read into my Sunday story dealing with consolidation in the golf industry that the facilities may have filed for Chapter 11 bankruptcy protection.

The sentence in question read: "There are also several multiple-course facilities including the four-course Barefoot Resort, four-course Ocean Ridge Plantation and three-course Sea Trail Resort, which recently filed for Chapter 11 bankruptcy protection, and marketing cooperatives such as the 17-course Brunswick Isles Golf Trail."

Sea Trail is the only property among those mentioned that has filed for Chapter 11. That's how I expected people to interpret the sentence, but apparently some read more into it.

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