Law360, New York (November 23, 2015, 10:23 PM EST) -- A Puerto Rico bankruptcy judge on Friday approved the sale of the Trump International Golf Club on the island for $2.2 million to stalking horse OHorizons Global LLC, who beat out rival Platinum Capital Partners after Platinum's “highly unusual” objection to the winner's financial qualifications.
According to court papers filed Thursday and Friday, OHorizons raised its bid to $2.2 million during the auction from the $2.145 million it had originally bid for the property, legally titled Coco Beach Golf & Country Club Inc. Platinum bid $2.145 million at the auction and claimed in a letter a day beforehand that OHorizons was...
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