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Highlights

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

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    Dec 26, 2012 |Story| Burbank Leader
  1. 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...

    Tags: Bankruptcy, Trials, Google Inc., Companies and Corporations, Donald Trump

  2. Jun 27, 2012 |Story| Burbank Leader
  3. 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.
    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....

    Tags: Bankruptcy, Politics, Local Elections, Elections

  4. Jan 10, 2012 |Story| Burbank Leader
  5. 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.
    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....

    Tags: Financial and Business Services, Bankruptcy, Air Transportation Industry, Finance, Los Angeles International Airport

  6. Jan 9, 2012 |Story| Burbank Leader
  7. American Airlines to close operations at Bob Hope

    <a id="PLENT000002" class="taxInlineTagLink" title="American Airlines, Inc." href="http://www.latimes.com/topic/economy-business-finance/transportation-industry/air-transportation-industry/american-airlines-inc.-PLENT000002.topic">American Airlines</a>, which filed for bankruptcy protection in November, is closing its operations at <a id="PECLB002429" class="taxInlineTagLink" title="Bob Hope" href="http://www.latimes.com/topic/entertainment/bob-hope-PECLB002429.topic">Bob Hope</a> Airport in Burbank and ending flights from Dallas-Fort Worth to <a id="PLGEO100100602011350" class="taxInlineTagLink" title="New Delhi (India)" href="http://www.latimes.com/topic/intl/india/new-delhi-%28india%29-PLGEO100100602011350.topic">New Delhi</a>.
    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...

    Tags: Air Transportation Industry, Bankruptcy, American Airlines, Inc., New Delhi (India), India

  8. Nov 29, 2011 |Story| Burbank Leader
  9. 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.
    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...

    Tags: Bankruptcy, Unrest, Conflicts and War, Air Transportation Industry, Los Angeles International Airport, Los Angeles Times

  10. Jun 14, 2011 |Story| Burbank Leader
  11. 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.
    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...

    Tags: Bankruptcy, Restaurants, Dining and Drinking, Employees, Lifestyle and Leisure

  12. Nov 20, 2010 |Story| Burbank Leader
  13. 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...

    Tags: Bankruptcy, Burbank (Los Angeles, California), Pasadena (Los Angeles, California), New York, Companies and Corporations

  14. Oct 4, 2010 |Story| Burbank Leader
  15. Briefly In Business: Executives to stay with General Growth

    Two top executives with General Growth Properties Inc., owner of the Glendale Galleria, will stay with the company for up to a year after the company's expected emergence from bankruptcy this month. Chief Executive Adam Metz and President and Chief...

    Tags: Illinois, Washington (U.S. state), General Growth Properties, Inc., Companies and Corporations, Economy, Business and Finance

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Financially Distressed Companies Photos
George R. Mesires has been named co-chair of the Financ...
(February 4, 2013)
George R. Mesires , Finance and Restructuring practice co-chair, Ungaretti & Harris
He also has experience representing debtors in Chapter...
(November 18, 2012)
Matthew V. Wargin, partner, Mayer Brown
Thomas M. Lynch of Faegre Baker Daniels LLP has been ap...
(October 31, 2012)
Thomas Lynch, U.S. Bankruptcy Judge, Northern District of Illinois