Atlantic Homes, a claimant in the bankruptcy case with Sea Oaks Country Club LLC and Sea Oaks Golf Club LLC, located in Little Egg Harbor, will take possession of the properties for a cost of $3 million plus $200,000 for the liquor license against the $10 million owed to it.
Atlantic Homes had already owned 49 percent of the two limited liability companies when the biggest shareholder sought Chapter 11 filing in June 2020. The decision by Judge Christie M. Gravelle in bankruptcy court on Nov.
Subscribe to keep reading
This story is from our archive. Get your SandPaper Annual Pass for access to our digital archive, plus everything else a pass includes. Details below.
Annual Pass — $18 Details
365-day access to:
- The complete SandPaper digital archive (stories date back to 2012).
- Full photo galleries from our photographers.
- The entire catalog of SandPaper games, puzzles and quizzes.
How it works
- Enter your email below and click to pay the one-time $18. Card details are entered on Stripe’s secure page.
- You’re in straight away — no password to create, and nothing to set up or manage.
- You stay signed in. If you’re ever signed out, or you read on a new phone or computer, we’ll email you a code to get you back in.
- Never auto-renews. Your pass is good for one year. We will email you when it expires so you can renew if you’d like.
See our site policies for more information.
Already a subscriber? We’ll email a code to get you back in.
