Guitar Center plans to file Chapter 11, cites pandemic’s effect on sales
Westlake Village-based Guitar Center plans to file for Chapter 11 bankruptcy, citing the pandemic as a major strain on the company’s resources. In a Nov. 13 news release, Guitar Center said that it had secured up to $165 million in new equity investments to recapitalize the company and reduce its corporate debt by nearly $800 Read More →
Figueroa Mountain Brewing announces Chapter 11 bankruptcy filing
Buellton-based craft brewer Figueroa Mountain Brewing Co. filed for Chapter 11 bankruptcy reorganization on Oct. 5, as the region’s second largest craft brewer announced plans to restructure its debts and bring in a new financial partner. “While it is a difficult decision to go down this path, we believe this will be the best direction Read More →
NAI Capital files for Chapter 11
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Goleta imaging device maker iCRco emerges from bankruptcy
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Legislature holds bill that would help elder financial abuse victims
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Plains gets blame for Venoco bankruptcy filing
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Venoco files for Chapter 11 bankruptcy
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 company earlier said it was suspending Read More →
