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Bankruptcy

(Photo credit: Randall Benton/Sacramento Bee/MCT via Getty Images)

Elephant Bar Parent Company Files For Bankruptcy, Cites ‘Challenging’ Economy

The Costa Mesa-based parent company of the Elephant Bar casual dining chain has filed for bankruptcy and is closing 16 restaurants nationwide, officials announced this week.

06/20/2014

(credit: CBS)

Eatery Chain ‘Hot Dog On A Stick’ Files For Chapter 11 Bankruptcy

Carlsbad-based chain Hot Dog on a Stick filed a Chapter 11 petition in U.S. Bankruptcy Court in Los Angeles on Monday.

02/03/2014

(credit: City of Desert Hot Springs)

Desert Hot Springs Declares Fiscal Emergency To Avoid 2nd Bankruptcy

This financially troubled city declared a fiscal emergency Tuesday in an effort to avert a second federal bankruptcy filing.

11/20/2013

(credit: City of Desert Hot Springs)

Desert Hot Springs City Council To Vote On Fiscal Emergency Declaration

A vote was expected to determine if a financially troubled California city will declare a fiscal emergency to avert a second federal bankruptcy filing.

11/19/2013

(credit: David McNew/Getty Images)

Desert Hot Springs Weighs Fiscal Emergency To Avoid Ch. 9

A Southern California city that declared bankruptcy more than a decade ago is trying to avoid repeating history.

11/17/2013

(CBS)

San Bernardino May Outsource Fire, Other City Services

The city of San Bernardino, which recently filed for bankruptcy, is again considering outsourcing its fire protection services.

CBS2 / KCAL9–10/21/2013

(credit: CBS)

Residents Demand Closure Of Vernon Battery Recycling Plant In Heated Town Hall Meeting

Residents at a town hall meeting Tuesday called for the closure of a controversial battery recycling plant that state agencies charge has spread hazardous pollution into the air and groundwater.

CBS2 / KCAL9–10/08/2013

The Exide Technologies plant has been closed since March. (credit: CBS)

Calif., Battery Recycler Reach Deal On Emissions

State regulators have reached a deal with a Southern California battery recycler accused of releasing toxic air emissions that might have threatened the health of more than 100,000 people.

CBS Los Angeles–10/07/2013

(CBS)

Mayor Garcetti Refutes Claims City Headed For Bankruptcy

Dan Pellissier, president of the group California Pension Reform, contends L.A. may be just a few years away from becoming unable to repay its debts if costs aren’t kept down.

KNX 1070 NEWSRADIO–07/24/2013

(credit: Scott Olson/Getty Images)

Sweet! Twinkies To Hit Store Shelves Next Month

Hostess is betting on a sweet comeback for Twinkies when they return to shelves next month.

06/23/2013

(CBS)

Group Launches Effort To Recall San Bernardino Mayor, City Council

A group of community residents and business leaders in San Bernardino launched an effort Thursday to recall the city’s mayor and other top officials.

05/02/2013

Founder of the Crystal Cathedral, Rev. Robert H. Schuller (credit: CBS)

Crystal Cathedral Founder Seeks $5M From Church

The aging founder of the Crystal Cathedral is in court seeking more than $5 million from the ministry he built from scratch in a dispute that has delayed millions in payments to creditors left short-handed when the church filed for bankruptcy two years ago.

CBS2 / KCAL9–11/02/2012

(credit: CBS)

San Bernardino Council Meets With City Departments To Discuss Budget Cuts

The San Bernardino City Council is meeting with several city departments Tuesday to discuss cutting jobs and costs.

CBS2 / KCAL9–09/04/2012

(credit: CBS)

San Bernardino Considers Reducing Police And Fire Protection Due To Bankruptcy

The bankrupt city of San Bernardino is considering a plan to reduce police and fire protection in order to cut $18 million from its budget.

CBS2 / KCAL9–09/03/2012

(CBS)

Bankrupt City Of San Bernardino Votes To Borrow To Make Payroll

San Bernardino city officials have voted to borrow from restricted funds to be able to continue paying the salaries of city employees as the bankrupt city continues its severe financial struggles.

08/29/2012

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