Highlights
A collection of news and information related to Bankruptcy published by this site and its partners.
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American Airlines bankruptcy: 'Business as usual' for passengers
The parent company for American Airlines, the nation's third largest carrier, filed for bankruptcy, citing high labor costs and a volatile economy.
American Airlines, the largest carrier at Los Angeles International Airport, and a carrier at Bob Hope...Tags: Financially Distressed Companies, Defense, Transportation, American Airlines, Inc., Los Angeles International Airport
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Bob Hope dealt blow by carrier's departure
The decision by American Airlines to pull out of Bob Hope Airport might further harm an airfield that has been grappling with a yearlong slide in passenger numbers, which gained the notice of an important credit rating agency.
American, which made up 7....Tags: Financially Distressed Companies, American Airlines, Inc., Los Angeles International Airport, Economy, Business and Finance, Financial and Business Services
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American Airlines to close operations at Bob Hope
American Airlines, which filed for bankruptcy protection in November, is closing its operations at Bob Hope Airport in Burbank and ending flights from Dallas-Fort Worth to New Delhi.
In addition to closing operations at those two airports, the airline...Tags: Air Transportation Industry, American Airlines, Inc., Financially Distressed Companies, India, Los Angeles Times
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City works to smooth recycling center woes
Burbank officials have set a self-imposed Nov. 15 deadline to hammer out a deal with a new operator for the city’s recycling center — even if the prospective newcomer was selected by the current contractor who is accused of making almost $33...Tags: Companies and Corporations, Waste Industries Incorporated, Politics, Public Officials, Government
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Employees buy, reopen bankrupt restaurant as part-owners
The Granada restaurant, a Victory Boulevard landmark for nearly 40 years, re-emerged from an eight-month closure Monday with sizzling fajitas, cold margaritas and new owners who will probably look familiar to longtime patrons.
A group of employees bought...Tags: Employees, Financially Distressed Companies, Career and Workplace, Restaurants, Lifestyle and Leisure
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Cheers to Granada's reopening
There’s been too many stories in recent years of businesses folding, of employees left to scramble for another career while standing in the unemployment line. It could have been the case again when Alfredo’s Granada restaurant on Victory...Tags: Employees, Career and Workplace, Restaurants, Lifestyle and Leisure, Dining and Drinking
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B-movie producer charged in Ponzi scheme
A Burbank business owner was arraigned this week on 89 felony counts related to a $9-million Ponzi scheme. Mahmoud Karkehabadi — also known as Mike Karkeh — is accused of promising investors up to 35% returns for making loans to his B-movie...Tags: Trials, Marketing, Television Industry, Flavor Flav, Justice System
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New stores coming to Town Center
Two new retailers will soon move into the Burbank Town Center, filling large voids left by Circuit City and Mervyns after the two stores filed for bankruptcy in 2008. Burlington Coat Factory will take over the former Mervyns space, while an Ashley...Tags: Wisconsin, New Jersey, Furniture, Companies and Corporations, Burbank (Los Angeles, California)
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Start the Presses: The meet of the matter
This past Thursday, we at the newspaper held what I termed a "Meet the Editors" event at the DeBell Clubhouse Grill in Burbank. It was an informal deal, with writers, photographers, columnists, critics and editors mingling with community members.
I tend...Tags: Burbank (Los Angeles, California), Apple iPhone, Photography, Los Angeles Times, Periodicals
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Granada closes after 39 years
Alfredo's Granada, a Burbank restaurant, bar and civic institution for nearly 40 years, closed down Saturday night, to the sorrow and surprise of longtime patrons.
Owner Alex Bernal said a host of legal, business and family problems forced the Victory...Tags: Entertainment, Burbank (Los Angeles, California), Career and Workplace, Television, Restaurants
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Coat factory in, Loehmann's out
One large clothing retailer has shut its doors just as another cuts the welcome ribbon at the Burbank Town Center. Loehmann's department store at Burbank Boulevard and San Fernando Road abruptly shut its doors Nov. 8, days before the New York-based...Tags: Companies and Corporations, Burbank (Los Angeles, California), Financially Distressed Companies, California, New York
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When it came to pensions, state officials looked out for No. 1
A year after Emil Jones Jr. retired from the Illinois Senate in 2008, his annual pension jumped by more than 50 percent to $122,334 — far more than he ever earned as Senate president.
Jones' good fortune comes courtesy of legislation he sponsored...Tags: Chicago Tribune, Interior Policy, Justice System, Economy, Business and Finance, Emil Jones
Nov 29, 2011
|Story| Burbank Leader
Jan 10, 2012
|Story| Burbank Leader
Jan 9, 2012
|Story| Burbank Leader
Nov 1, 2011
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Jun 14, 2011
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Jun 17, 2011
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Aug 28, 2010
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Aug 28, 2010
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Sep 11, 2010
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Oct 6, 2010
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Nov 20, 2010
|Story| Burbank Leader
May 25, 2012
|Story| Chicago Tribune
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