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).
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