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These Retailers Filed for Bankruptcy in August; Here’s Who Might Be Next

These Retailers Filed for Bankruptcy in August; Here’s Who Might Be Next

BY WIRE SERVICE The breakneck pace of retail bankruptcies slowed in August, with at least three well-known companies filing for Chapter 11. Compare that to July, when multiple well-known mall brands, including Sur La Table, Ascena Retail Group, and Brooks Brothers, sought bankruptcy protection. Despite the slowdown in bankruptcies, August was still a bloodbath: Several hundred stores closed […]

Faced With Thousands Of Sexual Abuse Allegations, Boy Scouts Of America Files For Bankruptcy

Faced With Thousands Of Sexual Abuse Allegations, Boy Scouts Of America Files For Bankruptcy

  ALLISON CALL CONTRIBUTOR Amid thousands of sexual abuse allegations and lawsuits, The Boy Scouts of America filed for Chapter 11 bankruptcy Tuesday, while simultaneously attempting to reach a bulk settlement for the array of victims, according to the Associated Press. The bankruptcy claim coincided with thousands of alleged sexual abuse allegations by former male […]

Murder Charges, Sell-off or Bankruptcy are all on Table for California’s Biggest Utility after Deadly Wildfires

Murder Charges, Sell-off or Bankruptcy are all on Table for California’s Biggest Utility after Deadly Wildfires

Jason Hopkins | Energy Investigator   Pacific Gas and Electric Company (PG&E), California’s largest electric utility, faces a range of consequences as a result of deadly wildfires that ravaged the state. In the past two years, California has been hit with a number of destructive wildfires — resulting in a high number of deaths. One […]

Boy Scouts on Verge of Bankruptcy

Boy Scouts on Verge of Bankruptcy

Scott Morefield | Reporter   The Boy Scouts of America is considering declaring bankruptcy, according to a Wall Street Journal report. The Wednesday report comes in the wake of sinking membership and multiple controversies surrounding the 108-year-old organization, including sex abuse allegationsand its controversial decision to change its program name from Boy Scouts to Scouts BSA and allow girls into […]

Port Hueneme election war heats up- Councilman charges “Lack of Integrity”

Port Hueneme election war heats up- Councilman charges “Lack of Integrity”

By George Miller The 2016 Port Hueneme Council race has become quite a battle. Recently, Council Member Jon Sharkey asked the question whether Council candidate Steve Gama actually had a degree from CLU as he had claimed. Some say it was done in a manner which clearly implied that he did not. Unlike Sharkey, The VC […]

Venoco files for Chapter 11 bankruptcy

Venoco files for Chapter 11 bankruptcy

Pacific Coast Business Times . Venoco, the Denver-based oil and gas company with substantial operations in the tri-county region, has filed a pre-packaged Chapter 11 bankruptcy after agreeing with lenders to slash $1 billion in debt.   Venoco said March 18 that it reached an agreement with its senior lenders on a restructuring agreement. The […]

Haggen Receives Approval of Sale of Certain Stores

Haggen Receives Approval of Sale of Certain Stores

The Court approved separate purchase agreements for the following stores: BUYER STATE STORE METRO AREA: Albertson’s LLC AZ Lake Havasu – McCulloch Blvd Lake Havasu Albertson’s LLC AZ Tucson – East Broadway Blvd Tucson Albertson’s LLC AZ Tucson – N. Silverbell Road Tucson Smart & Final Stores LLC CA Laguna Niguel – Crown Valley Pkw […]

Haggen Bankruptcy: Ongoing Sale Process—Stores Smart & Final and Gelson’s to buy in Ventura County

Haggen Bankruptcy: Ongoing Sale Process—Stores Smart & Final and Gelson’s to buy in Ventura County
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