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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
  • 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...
  • 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...
  • 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....
  • Burbank City Council candidate says bankruptcy was a 'business decision'

    City Council candidate David Nos filed for Chapter 13 bankruptcy last December -- a "business decision" he said he was forced to make after encountering circumstances beyond his control amid a rough recession. Nos had been running his printing...
  • 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....
  • Granada closes after 39 years

    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...
  • 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...
  • 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...
  • 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...
  • Start the Presses: The meet of the matter

    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...