Malibu Associates, owner of the Malibu Golf Club, has filed for Chapter 11 bankruptcy court protection.

The club has a restaurant and clubhouse, in addition to an 18-hole golf course, on its 650-acre property in the Santa Monica Mountains.

In its filing in the U.S. Bankruptcy Court in the central district of California, Malibu Associates said it had about $76 million in assets and about $47 million in liabilities. The club, which the company acquired in 2006, was valued at $75.9 million, according to the filing.

—Samantha Masunaga, Malibu Golf Club closes, owner files for Chapter 11 bankruptcy, Los Angeles Times, March 11, 2015.