Hawthorns Golf amends asset estimate, largest unsecured creditors list

By Caroline Salls

Pittsburgh, Jan. 30 - Hamilton Proper Partners Golf Partnership, LP, which does business as The Hawthorns Golf & Country Club, filed an amended Chapter 11 petition Thursday with the U.S. Bankruptcy Court for the Southern District of Indiana to increase the amount of its estimated assets.

Specifically, the company has $1 million to $10 million of assets. Originally, Hamilton listed an estimated zero to $50,000 of assets.

The $50 million to $100 million debt estimate was unchanged.

Also, the amended documents listed no unsecured creditors with claims of $1 million or more. The original Chapter 11 petition said the company's largest unsecured creditors were Sana Corp., with a $24.64 million unsecured loan claim; Harold D. Garrison Irrevocable Trust, with a $14.54 million unsecured loan claim; and NADM, with a $7.46 million unsecured loan claim.

Those creditors were not on the amended list filed Thursday.

Hamilton Proper, the Indianapolis-based owner of private membership golf club Hawthorns, filed bankruptcy on Jan. 24. The Chapter 11 case number is 14-00461.

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