Filing Alert: Pacific Private Money Chapter 11

Pacific Private Money Fund 1 LLC and its debtor affiliates⁽¹⁾, a Novato, CA-based private real estate mortgage and investment firm, filed for Chapter 11 protection on Jun. 16 in the U.S. Bankruptcy Court for the Northern 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 26-30534.

⁽¹⁾ For a complete list of debtor entities, see the Chapter 11 Debtors table.

Chapter 11 Debtors

Top Unsecured Claims

Key Parties

Counsel:

  • Bennett G. Young
  • Jeffer Mangels & Mitchell LLP

Signatories:

  • Mark Hanf – President of Private Money Management Group LLC, the Manager
  • William R. Brinkman – CRO

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

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