Goldman Sachs Loses Opportunity To Take Over Site Of Tiger Woods' Apology For Turkey Club Tryst

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Goldman Sachs Mortgage Co., the lender to the owners of Florida’s Sawgrass Marriott Resort, failed to win bankruptcy court permission to take over and sell the company’s assets. U.S. Bankruptcy Judge Paul M. Glenn in Jacksonville, Florida, today denied Goldman’s request to lift the automatic stay, a part of the bankruptcy code that shields a company from creditors’ efforts to collect on its assets. Tiger Woods made his Feb. 19 apology for his marital infidelity at the TPC Sawgrass golf club.

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