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The holding company that owns the land under the Aspen Lakes Golf Course will be filing for Chapter 11 bankruptcy this week. Co-owner Matt Cyrus says this will help the company reorganize its debt and move forward. “Wildhorse Holding Company which owns the property is voluntarily filing for reorganization restricting debt with the expected outcome that by mid summer we should emerge have better rates and debt structures that we currently have.” Chapter 11 will allow the golf course and restaurant to continue operating but allows them to restructure their debt. Cyrus says golfers and those who eat at the Brand 33 Restaurant will notice not difference due to the restructuring.

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