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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
  • 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...
  • 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....
  • 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...
  • 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...
  • Ambulance company sues federal investigators

    A Glendale-based ambulance company is claiming that its operators were targeted in a federal corruption investigation, during which the company was denied millions in Medicare funding because of their ethnicity and driven into bankruptcy, according to a...
  • 818 Roundup: Elephant Bar closes, pharmacist suspended, $6 million educational grant

    818 Roundup: Elephant Bar closes, pharmacist suspended, $6 million educational grant
    Good morning readers! Today is Monday, June 23. As you make your way through the fog of the morning and June Gloom, check out these headlines:  The California Board of Pharmacy has temporarily suspended a pharmacist who owns two drugstores in Glendale...
  • 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...