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Hawthorns cash collateral and $200,000 DIP loan approved at hearing
By Kali Hays
New York, March 17 - Hamilton Proper Partners Golf Partnership, LLC, which does business as Hawthorns Golf & Country Club, was approved for continued use of its cash collateral and for additional debtor-in-possession financing of $200,000, according to an attorney familiar with the case.
Use of the cash collateral is approved through April 30.
An objection by the company's lender HGCC Lender, LLC was resolved at the hearing.
Hamilton Proper, the Indianapolis-based owner of private membership golf club Hawthorns, filed for bankruptcy on Jan. 24. The Chapter 11 case number is 14-00461.
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