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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 61-72
  • Lobdell: City on course for financial ruin

    I've learned the hard way to listen to John Moorlach. In 1994, when he was running for Orange County treasurer-tax collector, Moorlach walked into my office at the Daily Pilot with a foot-high stack of documents. "It's all here," said Moorlach, then a...
  • Lobdell: Leece is no traitor

    I don't buy that Wendy Leece — who practically bleeds red, white and blue elephants — is a traitor to the local Republican Party. The Costa Mesa councilwoman got sideways with GOP leaders last month for allegedly breaking a promise to get...
  • Official may owe on home

    More than $2.1 million is owed on a Newport Beach waterfront home owned by City Councilman Ed Selich that may go to a foreclosure auction. The four-bedroom home on Bayside Drive was listed as "in default under a deed of trust," according to a legal...
  • Harbor Island mansion sells for $27 million, WSJ reports

     Harbor Island mansion sells for $27 million, WSJ reports
    A landmark Harbor Island home sold in bankruptcy court last month, reportedly for $6 million below its asking price. The French Neoclassic mansion, at 18 Harbor Island, sold for $27 million, according to The Wall Street Journal; it was listed at $32.6...
  • Mesa Musings: Ink-stained news still the best

    I know I'm addressing the wrong crowd, but why don't people read newspapers anymore? I became a newspaper enthusiast when I was 10 years old. We were a two-newspaper family during my formative years: There was a morning paper and an afternoon edition. I...
  • 400 Claim Jumper workers get pink slips

    IRVINE — Irvine-based Claim Jumper restaurants, which recently filed for Chapter 11 bankruptcy protection, has closed several of its locations and is in the process of laying off 400 workers in Ventura, Los Angeles and Orange counties. Claim...
  • Diocese of Orange gets $20 million for Crystal Cathedral renovation

    Diocese of Orange gets $20 million for Crystal Cathedral renovation
    An anonymous donor has given the Diocese of Orange $20 million to help transform Robert Schuller's Crystal Cathedral into the county's center of Catholic life — the largest cash gift it has received. The money, given to the Orange Catholic...
  • Longtime trustee of Pimco mutual funds appears to have lost his job

    William J. Popejoy apparently has lost his longtime position as a trustee of the nearly $2-trillion Pimco mutual funds in Newport Beach, but the usually outspoken financial executive wasn't talking about what happened. And no one else was, either....
  • Robert L. Citron dies at 87; central figure in O.C. bankruptcy

    Robert L. Citron dies at 87; central figure in O.C. bankruptcy
    Robert L. Citron, the Orange County treasurer whose bad bets on exotic Wall Street investments resulted in what at the time was the largest municipal bankruptcy in U.S. history, died Wednesday. He was 87. Citron died at St. Joseph Hospital in Orange...
  • Ernie Schneider dies at 66; chief administrative officer of O.C. when it declared bankruptcy

    Ernie Schneider dies at 66; chief administrative officer of O.C. when it declared bankruptcy
    Ernie Schneider, the chief administrative officer of Orange County when it declared bankruptcy in 1994 because of its disastrous investment practices, died Saturday at his home in San Juan Capistrano. He was 66. His death, related to liver and kidney...
  • Restaurant company files for bankruptcy

    It will be business as usual at Las Brisas Restaurant in Laguna Beach, despite its parent company filing for bankruptcy protection, according to a press statement from Real Mex Restaurants, Inc. Real Mex, which operates almost 200 restaurants across...
  • Dog Beach nonprofit seeks donations

    The nonprofit that helps maintain Huntington Beach's seaside haven for dogs has put out an urgent call for donations, saying the group may fall into bankruptcy in two to three months unless enough funds come in. The Preservation Society of Huntington Dog...