Kurt Hildebrand
khildebrand@recordcourier.com

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November 8, 2012
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Receiver appointed to run Genoa Lakes courses

A receiver has been appointed to operate the two Genoa Lakes golf courses, owner Mario Antoci told members on Wednesday.

Greg Christovich of Christovich and Associates was appointed to oversee operations of the courses by the Douglas County Court on Tuesday, Antoci said.

Bank of America which holds the mortgage on the courses sought a receiver on Oct. 18 in response to the seasonal closure of the north course, according to court documents.

The sale of the clubs, announced in September, has been further delayed, Anotci said.

Bank of America is holding a roughly $3.5 million note, its attorneys claimed …

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The Record Courier Updated Nov 8, 2012 07:36PM Published Nov 8, 2012 07:33PM Copyright 2012 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.