Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page1 of 12

In re:
UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF COLORADO
)
CORDILLERA GOLF CLUB dba The
Club at Cordillera
) Case No. 12-24882 ABC
) Chapter 11
)
)
Debtor. )
GLOBAL NOTES TO DEBTOR'S AMENDMENT TO SCHEDULES OF ASSETS AND
LIABILITIES
Cordillera Golf Club, LLC dba The Club at Cordillera (the "Debtor") hereby
amends the Debtor's Schedules of Assets and Liabilities ("Schedules") filed on July 12, 2012, as
supplemented on July 13, 2012, and as amended on August 14, 2012. Unless expressly set forth
herein, no other information set forth on the Schedules, as amended, including the Global Notes
to Debtor's Schedules and Statements of Financial Affairs ("Global Notes") included therein, and
as amended, is amended or modified by the Amended Schedules herein. The Global Notes, as
applicable, apply to the Debtor's Amended Schedules attached hereto.
Amended Schedules of Assets and Liabilities
Given the length of the Schedules submitted on July 12, 2012, as supplemented
by July 13, 2012, and as amended on August 14, 2012, and for the ease and convenience of the
Court and all parties in interest, the Debtor has only included herein entries from the Schedules
that are hereby added and/or corrected and/or otherwise changed. All such additions, corrections
and/or other changes made to the Schedules are set forth on the Amended Schedules.
Amended Schedule B Notes:
Cash surrender value of each policy is zero. Effective as of August 26, 2012, the
insurance policies provided to the Debtor by Philadelphia Indemnity were
replaced with new policies provided by Zurich/St. Paul, which premiums are paid
in full through August 26, 2013 pursuant to that certain insurance premium
financing approved by this Court on September 14, 2012 at Docket Entry No.
448].
Amended Schedule F Notes:
4832-6221-6209.1
The Debtor reserves all rights regarding the true characterization of the leases set
forth on Schedule F and does not concede that such creditors have a secured,
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page2 of 12
unsecured or other interest. The Debtor does not waive any remedies or rights
related to the same.
Amended Schedule G Notes:
The Debtor is informed that the rights of certain non-Debtor lessors and lessees,
as applicable, to certain leases added to Schedule G may have been assigned
and/or otherwise transferred to other parties since the initial execution of such
lease. Out of an abundance of caution, the Debtor has included the multiple
parties set forth herein as possible current and/or prior lessors and lessees, as
applicable.
The Debtor reserves all rights regarding the true characterization of the leases set
forth on Schedule G and does not concede that such creditors have a secured,
unsecured or other interest. The Debtor does not waive any remedies or rights
related to the same.
** END OF GLOBAL NOTES TO DEBTOR'S AMENDMENT TO SCHEDULES**
2
4832-6221-6209.1
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page3 of 12
B 6B (Official Fonn 6B) (12/07) - Cont.
In re CORDILLERA GOLF CLUB, LLC
Debtor
Case No. 12-24882-ABC
SCHEDULEB-PERSONALPROPERTY-AMENDED
(Continuation Sheet)
Type of Property
5. Books; pictures and other art
objects; antiques; stamp, coin, record,
tape, compact disc, and other
collections or collectibles.
N
0
N
E
6. Wearing apparel. X
7. Furs and jewelry. X
8. Firearms and sports, photographic, X
and other hobby equipment.
9. Interests in insurance policies. Name
insurance company of each policy and
itemize surrender or refund value of
each.
I 0. Annuities. Itemize and name each X
issuer.
11. Interests in an education IRA as X
defined in 26 U.S.C. 530(b)(1) or
under a qualified State tuition plan as
defined in 26 U.S.C. 529(b)(1). Give
particulars. (File separately the
record( s) of any such interest( s ). 11
U.S.C. 521(c).)
12. Interests in IRA, ERISA, Keogh, or X
other pension or profit sharing plans.
Give particulars.
13. Stock and interests in incorporated
and unincorporated businesses.
Itemize.
14. Interests in partnerships or joint X
ventures. Itemize.
15. Government and corporate bonds X
and other negotiable and
nonnegotiable instruments.
16. Accounts receivable.
17. Alimony, maintenance, support, X
and property settlements to which the
debtor is or may be entitled. Give
particulars.
Description and Location
of Property
Various office art and pictures
ADDED
See Attachment B-9
100% ownership interest in unincorporated restaurants:
The Summit Clubhouse; the Timer Hearth Grill; and 9
Iron Grill.
Dues and club charges receivable net of allowance
Software Copyright (c) 1996-2012 CCH INCORPORATED- www.bestcase.com
(If known)
Husband,
Wife,
Joint
or
Community
Current Value of
Debtor's Interest
In Property, With-
Out Deducting Any
Secured Claim
or Exemption
Unknown
0.00
Unknown
$5,265,967.52
Best Case Bankruptcy
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page4 of 12
Attachment 8-9
Carrier Amount of
Coverage
Workers' Compensation New Hampshire Ins Co $ 2,000,000
General Liability Philadelphia Indemnity $ 1M/3M
Property Philadelphia Indemnity $ 1M/3M
Vehicle Philadelphia Indemnity $ 1,000,000
Other (list): Umbrella Philadelphia Indemnity $ 5,000,000
Directors & Officers Zurich American Ins Co $ 1,000,000
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page5 of 12
B6F (Official Form 6F) (12/07)
In re CORDILLERA GOLF CLUB, LLC Case No. 12-24882-ABC
Debtor
AMENDED
SCHEDULE F - CREDITORS HOLDING UNSECURED NONPRIORITY CLAIMS
State the name, mailing address, including zip code, and last four digits of any account number, of all entities holding unsecured claims without priority against the
debtor or the property of the debtor, as of the date df filing of the petition. The complete account number of any account the debtor has with the creditor is useful to the
trustee and the creditor and may be provided if the debtor chooses to do so. If a minor child is a creditor, state the child's initials and the name and address of the child's
parent or guardian, such as "A.B., a minor child, by John Doe, guardian." Do not disclose the child's name. See, II U.S.C. 112 and Fed. R. Bankr. P. 1007(m). Do not
include claims listed in Schedules D and E. If all creditors will not fit on this page, use the continuation sheet provided.
If any entity other than a spouse in a joint case may be jointly liable on a claim, place an "X" in the column labeled "Codebtor," include the entity on the appropriate
schedule of creditors, and complete Schedule H - Codebtors. If a joint petition is flied, state whether the husband, wife, both of them, or the marital community may be
liable on each claim by placing an "H," "W," "J," or "C" in the column labeled "Husband, Wife, Joint, or Community."
If the claim is contingent, place an "X" in the column labeled "Contingent." If the claim is unliquidated, place an "X" in the column labeled "Unliquidated." If the
claim is disputed, place an "X" in the column labeled "Disputed." (You may need to place an "X" in more than one of these three columns.)
Report the total of all claims listed on this schedule in the box labeled "Total" on the last sheet of the completed schedule. Report this total also on the Summary of
Schedules and, if the debtor is an individual with primarily consumer debts, report this total also on the Statistical Summary of Certain Liabilities and Related Data.
0 Check this box if debtor has no creditors holding unsecured claims to report on this Schedule F.
CREDITOR'S NAME,
c Husband, Wife, Joint, or Community c u D
0 0 N I
MAILING ADDRESS
~ H
DATE CLAIM WAS INCURRED AND
N L s
INCLUDING ZIP CODE,
T I
p
B
w
CONSIDERATION FOR CLAIM. IF CLAIM
I a u
AND ACCOUNT NUMBER T J
IS SUBJECT TO SETOFF, SO STATE.
N u T AMOUNT OF CLAIM
(See instructions above.)
~ c
G I E
E D D
N A
Account No. CORRECTED
T T
E
Party to Lease D
ALPINE SELF STORAGE L TO
800 Chambera Avenue - X X X
P 0 BOX 1014
EAGLE, CO 81631
508.33
Account No. ADDED
Party to Lease
Behringer Harvard Cordillera, LLC
c/o Corporation Service Company -
X X X
2711 Centerville Road
Suite 400
Wilmington, DE 19808
0.00
Account No. ADDED
Party to Lease
Colorado Hotel Operator, Inc.
c/o Pharos Group, LLC -
X X X
P .0. Box 680127
Party City, UT 84068-0127
0.00
Account No. ADDED
Party to Lease
Cordillera Lodge & Spa, LLC
2041 Sidewinder Drive -
X X X
Suite 4
Salt Lake City, UT 84060
0.00
Subtotal
1 continuation sheets attached
(Total of this page)
508.33
Software Copyright (c) 1996-2012 - CCH IN CORPORA TED - www.bestcase.com S/N:40931-120607 Best Case Bankruptcy
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page6 of 12
B6F (Official Form 6F) (12/07)- Cont.
In re CORDILLERA GOLF CLUB, LLC Case No. 12-24882-ABC
Debtor
AMENDED
SCHEDULE F - CREDITORS HOLDING UNSECURED NONPRIORITY CLAIMS
(Continuation Sheet)
CREDITOR'S NAME,
c Husband, Wife, Joint, or Community c u D
0 0 N I
MAILING ADDRESS
D
H
N L s
INCLUDING ZIP CODE,
E
w
DATE CLAIM WAS INCURRED AND T I
p
B
CONSIDERATION FOR CLAIM. IF CLAIM
I Q u
AND ACCOUNT NUMBER
T J N u T
AMOUNT OF CLAIM
(See instructions above.)
0
c
IS SUBJECT TO SETOFF, SO STATE. G I E
R E D D
N A
Account No. ADDED
T T
E
Party to Lease
D
Fandango Cordillera, L.L.C.
c/o Pharos Group, LLC -
X X X
P.O. Box 680127
Park City, UT 84068-0127
0.00
Account No. ADDED
Party to Lease
Rock Resorts International, LLC
2401 East Second Avenue -
X X X
Suite 600
Denver, CO 80206
0.00
Account No.
Account No.
Account No.
Sheet no. _1_
of_1 __ sheets attached to Schedule of Subtotal
Creditors Holding Unsecured Nonpriority Claims (Total ofthis page)
0.00
Total
(Report on Summary of Schedules)
508.33
Software Copyright (c) 1996-2012- CCH INCORPORATED -www.bestcase.com Best Casa Bankruptcy
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page7 of 12
B6G (Official Form 6G) (Jl/07)
In re
0
CORDILLERA GOLF CLUB, LLC Case No. 12-24882-ABC
Debtor
SCHEDULE G - EXECUTORY CONTRACTS AND UNEXPIRED LEASES - AMENDED
Describe all executory contracts of any nature and all unexpired leases of real or personal property. Include any timeshare interests. State nature
of debtor's interest in contract, i.e., "Purchaser", "Agent", etc. State whether debtor is the lessor or lessee of a lease. Provide the names and
complete mailing addresses of all other parties to each lease or contract described. If a minor child is a party to one of the leases or contracts,
state the child's initials and the name and address of the child's parent or guardian, such as "A.B., a minor child, by John Doe, guardian." Do not
disclose the child's name. See, II U.S.C. 112 and Fed. R. Bankr. P. 1007(m).
D Check this box if debtor has no executory contracts or unexpired leases.
Name and Mailing Address, Including Zip Code,
of Other Parties to Lease or Contract
ALPINE SELF STORAGE L TO
MICHELLE - MANAGER
P 0 BOX 1014
EAGLE, CO 81631
Behringer Harvard Cordillera, LLC
c/o Corporation Service Company
2711 Centerville Road
Suite 400
Wilmington, DE 19808
Colorado Hotel Operator, Inc.
c/o Pharos Group, LLC
P.O. Box 680127
Party City, UT 84068-0127
Cordillera Lodge & Spa, LLC
2041 Sidewinder Drive
Suite 4
Salt Lake City, UT 84060
Fandango Cordillera, L.L.C.
c/o Pharos Group, LLC
P.O. Box 680127
Park City, UT 84068-0127
RockResorts International, LLC
2401 East Second Avenue
Suite 600
Denver, CO 80206
Description of Contract or Lease and Nature of Debtor's Interest.
State whether lease is for nonresidential real property.
State contract number of any government contract.
ADDED
Party to Lease - See Attachment G-1
ADDED
Party to Lease - See Attachment G-1
ADDED
Party to Lease - See Attachment G-1
ADDED
Party to Lease - See Attachment G-1
ADDED
Party to Lease - See Attachment G-1
ADDED
Party to Lease - See Attachment G-1
__ continuation sheets attached to Schedule of Executory Contracts and Unexpired Leases
Software Copyright (c) 1996-2012- CCH INCORPORATED -www.bestcase.com Best Case Bankruptcy
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Attachment G-1
Original Date of Lease
(each as originally written
Leased Property Address
and as may have been
Lease (non residential, and as further set Lessor/Lessee and Address
amended thereafter from time
to time, and in all events in its
forth in the lease agreement)
currently effective form)
7/17/2009 Rental Agreement by and 800 Chambers Avenue Alpine Self Storage
between the Debtor and Alpine (storage unit M14) (Lessor)
Self Storage ("Storage Unit P.O. Box 1014 800 Chambers Avenue
One") Eagle, Colorado 81631 P.O. Box 1014
Eagle, Colorado 81631
7/17/2009 Rental Agreement by and 800 Chambers Avenue Alpine Self Storage
between the Debtor and Alpine (storage unit M20) (Lessor)
Self Storage ("Storage Unit P.O. Box 1014 800 Chambers Avenue
Two") Eagle, Colorado 81631 P.O. Box 1014
Eagle, Colorado 81631
7/17/2009 Rental Agreement by and 800 Chambers Avenue Alpine Self Storage
between the Debtor and Alpine (storage unit M25) (Lessor)
Self Storage ("Storage Unit P.O. Box 1014 800 Chambers Avenue
Three" and, collectively with Eagle, Colorado 81631 P.O. Box 1014
Storage Unit One and Storage Eagle, Colorado 81631
Unit Two, the "Storage Unit
Leases")
12/18/2003 Lease originally by and A portion of the building for the pro- Behringer Harvard Cordillera, LLC
between Galena Partners and shop on the Short Course located at: (Lessor)
Cordillera Lodge & Spa LLC, 100 Kensignton Drive, Eagle County, c/o Corporation Service Company
and as subsequently assigned Colorado 2711 Centerville Road, Suite 400
to the Debtor as lessee and Wilmington, DE 19808
appears to have been
subsequently assigned and/or
Behringer Harvard Cordillera,
LLC as lessor (the "Pro-Shop Cordillera Lodge & Spa, LLC
Lease") (Appears to be previous lessor)
2041 Sidewinder Drive, Suite 4
4851-4303-4385.1
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Original Date of Lease
(each as originally written
Leased Property Address
and as may have been
Lease (non residential, and as further set Lessor/Lessee and Address
amended thereafter from time
to time, and in all events in its
forth in the lease agreement)
currently effective form)
Salt Lake City, UT 84060
12/18/2003 Property Use Agreement Services to and on Short Course as RockResorts International, LLC
originally by and among Eagle set forth therein (Operator/lessee}
Golf LLC ("Eagle"}, Galena 2401 East Second Avenue, Suite 600
Partners ("Galena"} and Denver, CO 80206
Kensington Partners
("Kensington", collectively, with and/or
Eagle and Galena, "Owner''),
Colorado Hotel Operator, Inc. Fandango Cordillera, L.L.C.
("Manager'') and Fandango (Appears to be previous
Cordillera ("Operator''}, as operator/lessee}
subsequently assigned to the c/o Pharos Group, LLC
Debtor as owner of the subject P.O. Box 680127
property and where Park City, UT 84068-0127
RockResorts International, LLC
was appointed as operator in and
place of Fandango Cordillera
(the "Property Use Agreement"} Colorado Hotel Operator, Inc.
(Manager/lessee}
c/o Pharos Group, LLC
P.O. Box 680127
Park City, UT 84068-0127
----
2
4851-4303-4385.1
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Original Date of Lease
(each as originally written
Leased Property Address
and as may have been
Lease (non residential, and as further set Lessor/Lessee and Address
amended thereafter from time
to time, and in all events in its
forth in the lease agreement)
currently effective form)
10/1/2003 Lodge Access and Use Provides certain access rights to the Behringer Harvard Cordillera, LLC
Easement and Agreement, as Debtor's property as set forth therein (Lessee)
originally entered into by and c/o Corporation Service Company
among Stag Gulch Partners, 2711 Centerville Road, Suite 400
Cordillera Valley Club Investors Wilmington, DE 19808
Limited Partnership, Galena
Partners, Squaw Creek Realty and/or
Corp., Eagle Golf LLC, Valley
Golf LLC and Cordillera Summit Cordillera Lodge & Spa, LLC
Golf, Inc. (collectively, the "Club (Appears to be previous lessee)
Owners"), Cordillera Club 2041 Sidewinder Drive, Suite 4
Properties, LLC ("Club Salt Lake City, UT 84060
Operator''), Galena Partners,
and Kensignton Partners
("Lodge Owner''), as
subsequently transferred to the
Debtor and appears to have
been transferred to Behringer
Harvard Cordillera, LLC as
lodge owner (the "Course and
Facility Access Agreement"),
and any leases or agreements
that may be deemed leases
referenced therein.
-------------
3
4851-4303-4385.1
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Original Date of Lease
(each as originally written
Leased Property Address
and as may have been
Lease (non residential, and as further set Lessor/Lessee and Address
amended thereafter from time
to time, and in all events in its
forth in the lease agreement)
currently effective form)
12/2003 Amended and Restated Club Rights to access and use certain Behringer Harvard Cordillera, LLC
Access and Use Agreement facilities and services at the Cordillera {Lessor)
originally by and among Stag Lodge & Spa as set forth therein c/o Corporation Service Company
Gulch Partners, Cordillera 2711 Centerville Road, Suite 400
Valley Club Investors Limited Wilmington, DE 19808
Partnership, Galena Partners,
Squaw Creek Realty Corp., and/or
Eagle Golf LLC, Valley Golf,
LLC and Cordillera Summit Cordillera Lodge and Spa LLC
Golf, Inc. ("Club Owners"), {Appears to be previous lessor)
Cordillera Club Properties, LLC 2041 Sidewinder Drive, Suite 4
I
{"Club Operator") and Cordillera Salt Lake City, UT 84060
I
Lodge & Spa LLC {"Lodge
!
I
Owner''), as subsequently
transferred to Debtor and
appears to have been
transferred to Behringer
Harvard Cordillera, LLC as
lodge owner {the "Lodge & Spa
Access Agreemenf'), and any
leases or agreements that may
be deemed leases referenced
therein.
--- -------
4
4851-4303-4385.1
Case:12-24882-ABC Doc#:501 Filed:09/28/12 Entered:09/28/12 14:19:48 Page12 of 12
B6 DeclaratloD (Oftldal ,_ 6 Dldaraeloa). (IW7}
In re CORDILLERA GOLF CW8, LLC
United States Bankruptcy Court
Dlstriet of Colorado
Dcbtor(s)
Case No. 12-24882-ABC
______________ __
DECLARATION CONCERNING DEBTOR'S SCHEDULES
DECLARATION UNDER PENALTY OF PERJURY ON BEHALF OF CORPORATION OR PARTNERSHIP
I, tbe Chief Executive Officer of the corporation named as debtor in this case, declare under penalty of
perjury that I have read the foregoing summary and scbedules, consisting of_ /I .sheets. and that they are true
and correct to the best of my knowledge; information, and belief.
oate __ f'.;..._ .. ..-;;.2...;...1.....:. I_Z __ _
Signature
PenQ/ty for making a false statement or concealing property: Fine of up to $500,000 or imprisonment for up to 5 years or both.
18 u.s.c. 152 and3S71.
SaiiMIW COpynght (c) 1811N01:l CCH INCORPORATEO