San Juan Capistrano-based Mammoth San Juan Capistrano I, LLC has filed for Chapter 11 bankruptcy in state court in Santa Ana. The filing reported that the company has between $10 million and $50 million in liabilities.

The bankrupt company is said to be the registered owner of the Mammoth Professional Office Park. It is a two-building, 105,745-square-foot office complex built during the commercial real estate boom on the hills overlooking the San Diego (I-5) Freeway. The project was built by developer Mammoth Equities LLC of Mission Viejo, which did not file for bankruptcy, in 2006.

According to the filing made in Orange county Superior Court, the San Juan Capistrano company’s bankruptcy filing came days after it was placed into receivership at the behest of lender JPMorgan Chase Bank.

This entry was posted on Monday, July 13th, 2009 at 12:06 pm and is filed under Venture Capital News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.