Raleigh area golf course files Chapter 11 bankruptcy

Falls Village Golf is trying to reorganize as it seeks protection from creditors.  The New Jersey company, which runs the 10-year-old golf club off Falls Village Lane in Durham, has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy Court.  The company listed 2.58 million in assets. It owes creditors at least $14.8 million, court records show.

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