Nesbitt Portland Property Files for Bankruptcy in California
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).
To contact the reporter on this story: Michael Bathon in Wilmington at email@example.com
To contact the editor responsible for this story: John Pickering at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.