Orange County Register: Woes mount for SunCal
Submitted by west on Tue, 03/04/2008 - 21:00
Irvine-based land developer faces rising claims from contractors, suppliers and lenders.
Troubles are mounting for the Irvine-based developer that lost a battle last fall with the Walt Disney Co. over a proposed residential project in Anaheim's resort district, then lost the land planned for the development.
During the past four months, liens, lawsuits and land repossessions have been piling up against SunCal Companies, the family-run business that's behind such developments as Marblehead Coastal in San Clemente and the failed attempt to build 1,500 homes in the Disney resort.
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