Golf Courses

News & Analysis as of

Implied Restrictive Covenant Prevents Conversion of Golf Course to Residential Lots

A federal court of appeals held that a golf course was encumbered by an implied restrictive covenant, preventing the foreclosing lender from selling the golf course for residential development. The U.S. Court of Appeals for...more

Pennsylvania Tavern Games Licenses [Video]

At the end of 2013, Act 90 was passed into law. Act 90 allows certain liquor license holders to have tavern games in their establishment. If you currently have a Restaurant, Hotel, Privately Owned Public Golf Course, or...more

Assignment of Rents May Not Allow Golf Course Lenders to See The Green

Much to the chagrin of golf course lenders, bankruptcy and appellate courts around the country have consistently held that a properly-perfected mortgage or security interest in golf course revenues, including cart rentals and...more

Buying Or Building A Golf Course -- Due Diligence Is Key

Golf is a difficult business where one third of the courses operate at a loss. Playing isn't the only thing difficult about golf. Try operating the business and staying solvent. Profitably operating a golf course is...more

Warning for hotel investors considering golf courses: Golf courses are different! They have different risks and require different...

Hotel investors suddenly seem to be buying or building more golf courses. With the right expectations and circumstances, golf courses can make sense -- particularly as an amenity for hotels, residential development and other...more

Restructuring The Private Club

Private golf clubs are facing a tidal wave of challenges, from the prolonged economic downturn, to an aging population unable to continue playing the game, to a general decline in demand for golf, to financial hardships...more

Plaintiffs Claim Victory In Sharp Park Case Despite Mixed Record Of Success

On July 1, 2013, the United States District Court for the Northern District of California issued an order granting, in part, Plaintiffs’ motion for attorneys fees in Wild Equity Institute v. City and County of San Francisco,...more

Tengberg, Celentino, and Bistrow Author Article on Restructuring Private Golf Clubs

Partners Van A. Tengberg, Christopher Celentino, and Mikel R. Bistrow authored an article in the July 2013 issue of Golf Inc. Monthly titled, “Restructuring the Private Club: How to Deal With Refundable Membership Liability.”...more

Cuba Practice Update -- May 16, 2013

Law to Punish Companies with Cuba Ties Struck Down - Last week, the 11th U.S. Circuit Court of Appeals in Miami declared unconstitutional a 2012 Florida law intended to prevent foreign companies with ties to Cuba — or...more

Federal District Court Dismisses Lawsuit Alleging San Francisco Harmed Endangered Species At Sharp Park

In an order issued on December 6, 2012, the United States District Court for the Northern District of California dismissed a lawsuit brought by Wild Equity and other plaintiffs alleging violations of the Endangered Species...more

Federal District Court Dismisses Lawsuit Alleging San Francisco Harmed Endangered Species at Sharp Park

In an order issued on December 6, 2012, the United States District Court for the Northern District of California dismissed a lawsuit brought by Wild Equity and other plaintiffs alleging violations of the Endangered Species...more

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