Delinquent Debts Push Developer Phil Herrington Out at Oklahoma City Country Club | Arkansas Business News | ArkansasBusiness.com

Delinquent Debts Push Developer Phil Herrington Out at Oklahoma City Country Club

Eleventh-hour negotiations in January produced an agreement that derailed a court-ordered auction of Gaillardia Golf & Country Club in Oklahoma City. The outcome formalized the exit of Little Rock developer Phil Herrington from the club's ownership picture after 11 years and allowed him to shed more than $8.3 million of debt.

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