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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...
  • 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 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....
  • 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...
  • 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...
  • 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...
  • 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...
  • 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...
  • Dream home becomes a nightmare in La Crescenta

    Dream home becomes a nightmare in La Crescenta
    The past two years have been horrendous for Judy Shea, whose Glendale home is under the control of a court-appointed receiver hired by the city to repair massive health and safety code violations. She says she's felt frustrated and confused as...