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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles

Displaying items 13-24
  • Employees buy, reopen bankrupt restaurant as part-owners

    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...
  • 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...
  • 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...
  • City works to smooth recycling center woes

    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...
  • Burbank City Council settles on interview process for appointing city clerk, treasurer

    Burbank City Council settles on interview process for appointing city clerk, treasurer
    The City Council on Tuesday agreed to the framework for how they will make two interim appointments for the office of city clerk and treasurer during a special meeting on Thursday, including sequestering candidates during the televised interview process....
  • American Airlines bankruptcy: 'Business as usual' for passengers

    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...
  • American Airlines to close operations at Bob Hope

    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...
  • Bob Hope dealt blow by carrier's departure

    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....
  • 818 Roundup: Burbank Elephant Bar shuts down amid parent company's bankruptcy; Glendale pharmacist, drugstore owner suspended

    818 Roundup: Burbank Elephant Bar shuts down amid parent company's bankruptcy; Glendale pharmacist, drugstore owner suspended
    Good morning, 818 readers. Today is Saturday, June 21, 2014. Weather in the Glendale area is expected to reach a high of 84 and a low of 62 degrees. Your top news stories today:  - A Burbank man was arrested on an arson charge on Thursday in...
  • Couple sentenced for embezzlement

    A couple who owned three Glendale-based post-production film companies was sentenced Monday to 18 months in prison for embezzling their employees’ retirement funds and failing to pay income taxes. Ronald Burdett, 75, and Karen Burdett, 70, were...
  • Glendale City Manager: Sell GWP or keep it?

    While the question has been brought up before — mostly rhetorically — Glendale's city manager asked City Council members this week if they want the city to continue running its home-grown utility, an entity that has been struggling financially...
  • Ron Kaye: As certain as the lights coming on

    Ron Kaye: As certain as the lights coming on
    City Manager Scott Ochoa, armed with graphs and pie charts and a thousand details, spent 55 minutes offering a "relatively brief presentation" explaining why electricity rate hikes averaging 26 percent over the next five years are necessary or Glendale'...