Nesbitt Portland Property LLC and seven affiliates sought bankruptcy protection from creditors.
The company, based in Carpinteria, California, listed debt of more than $100 million and assets of more than $10 million in Chapter 11 documents filed yesterday in U.S. Bankruptcy Court in Santa Barbara, California.
The case is In re Nesbitt Portland Property LLC, 12-12883, U.S. Bankruptcy Court, Central District of California (Santa Barbara).
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