Country Club May Files for Bankruptcy
Posted on Mar 1, 2011 8:20pm PST
A Riverside, Michigan private golf club is reportedly very close to possibly filing for bankruptcy. According to reports, Riverside Country Club has been suffering from declining memberships. The private club has reportedly put its property up for sale at $1.2 million. However, just recently a pipeline burst and sent crude oil down the river and through the property of the golf course. The company reportedly claims that it has been suffering from financial problems for about ten years now.
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