OKC bank suing Gaillardia for millions in overdue loans
OKLAHOMA CITY — A high-profile golf and country club in hot water. A foreclosure lawsuit from a local bank says, despite having a luxurious reputation, Gaillardia is not paying their bills.
Newschannel 4 spoke with county officials about Gaillardia’s money troubles.
NewsChannel 4 is unaware of why Gaillardia is having financial problems because the owner, Phil Herrington, won’t return calls.
It needs to be noted that Gaillardia homeowners and members have been paying their bills, according to one member.
First Liberty Bank wants Gaillardia to remain open during court proceedings, but what they, and the Country Treasurer, really want is their money.
Forrest “Butch” Freeman, OK County Treasurer, says, “They owe a total of $64,400.” (2010)















