Filing Alert: Sunstone Development Chapter 11

Sunstone Development, LLC and its debtor affiliate⁽¹⁾, an Aliso Viejo, CA-based real estate development company, filed for Chapter 11 protection on Apr. 22 in the U.S. Bankruptcy Court for the Central District of California.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-11049.

⁽¹⁾ NB Strands, LLC.

Top Unsecured Claims

Key Parties

Counsel:

• Paul Leeds
• Franklin Soto Leeds LLP
• Email: pleeds@fsl.law

Signatories:

• Blake Wettengel – Manager

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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