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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 25-36
  • 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...
  • Glendale candidates address legal issues

    Of the 16 candidates for Glendale City Council, school board, and the college’s board of trustees, at least six have records of bankruptcies, tax liens, credit card collections and other matters, a News-Press investigation has revealed. The...
  • 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...
  • 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'...
  • Owner of Glendale's Seeley building files for bankruptcy

    Owner of Glendale's Seeley building files for bankruptcy
    The owner of the historic Seeley's building, which underwent six years of renovations before opening with office lofts about six months ago, has filed for Chapter 11 bankruptcy protection. The building, located at 1800 S. Brand Blvd., was built in...
  • 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...
  • 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...
  • Local businesses on delinquent taxpayer list

    Local businesses on delinquent taxpayer list
    Two Burbank businesses — an investment firm and a tire company — have been added to the state's list of delinquent taxpayers, which also includes several Glendale enterprises that have remained there for several years. The California State...
  • The playhouse is the thing

    The playhouse is the thing
    When the Pasadena Playhouse filed for bankruptcy in 2010, closing its doors and some $2.3 million in debt, a leading player in its recovery and reopening later that year was Stephen Eich, the respected former managing director of both Chicago’s...