Banyan Cay Resort & Golf, LLC

  1. February 07, 2024

    South Fla. Resort Heads To Liquidation After Failed Sale

    A Florida bankruptcy judge took no issue Wednesday with converting a West Palm Beach, Florida, resort's insolvency case to a Chapter 7 liquidation of its assets after a $102 million Chapter 11 sale fell through last year.

  2. January 10, 2024

    Fla. Resort Debtors File For Ch. 7 After Soured $102M Sale

    The debtors in a South Florida resort's bankruptcy case requested that a court liquidate their assets rather than continue with a Ch. 11 reorganization, citing a failed effort to sell the property.

  3. December 08, 2023

    Fla. Judge Says Banyan Cay DIP Lenders Are Still Owed $1.5M

    A bankruptcy judge has denied an objection by debtors including Banyan Cay Resort & Golf LLC to a $1.5 million deficiency claim that a Chapter 11 lender made after taking possession of the resort as collateral this year when debtor-in-possession financing ran out and a buyer backed out of the sale.

  4. September 20, 2023

    Fla. Judge Denies Bid To Stop Subpoena In Banyan Cay Ch. 11

    A Florida federal bankruptcy judge has denied a bid by a Colorado-based property investment company to block a subpoena filed by debtors in the Banyan Cay Resort and Golf Club Chapter 11 case after the company mysteriously walked away from a deal to take possession of the property in July.

  5. August 16, 2023

    Fla. Resort Handed To Lender After Ch. 11 Sale Goes Bust

    A Florida federal bankruptcy judge approved an order allowing a Chapter 11 lender to take possession of the Banyan Cay Resort and Golf Club on Wednesday after a $102.1 million stalking horse sale with a Colorado-based buyer failed to materialize before the end of July.

  6. June 15, 2023

    Fla. Judge OKs $102M Ch. 11 Sale Of Banyan Cay Hotel

    A Florida federal bankruptcy judge approved the $102.1 million sale of the Banyan Cay Resort and Golf Club on Thursday, several months after the Hyatt-affiliated hotel filed for Chapter 11 protection.