Bankruptcy

Auction of ‘Octomom’ Nadya Suleman’s home postponed again

McCourt management of Dodgers under grand jury investigation

A federal grand jury is investigating possible criminal financial misconduct of the Dodgers and related entities during the ownership of Frank and Jamie McCourt, a person familiar with the matter told The Times. Authorities have requested documents...

Tags: Bud Selig, Financially Distressed Companies, Dodger Stadium, Major League Baseball, Frank McCourt

A naked grab for money?

PALM SPRINGS — For Elizabeth Young, Desert Shadows was a place where she could shed her blouse, pantyhose, sensible heels — and everything else — and dive into a game of water volleyball. She and her husband, John, drove from Orange...

Tags: Laws, Personal Service, Social Issues, Getaway Travel, Time (magazine)

Tapes could shed new light on Manson murders, LAPD says

Los Angeles police are hoping old recordings of conversations between Charles Manson's right-hand man, Charles “Tex” Watson, and Watson's former attorney could shed light on the infamous Manson family murders. U.S. Bankruptcy Judge Brenda T....

Tags: Prisons, Los Angeles Police Department, Murder, Punishment, Sharon Tate

We need a stronger Glass-Steagall Act to regulate financial firms

"Bring back Glass-Steagall!" That's the cry you hear most often for restoring regulatory stringency to our misbehaving financial sector. The 1933 law, which barred commercial banks from underwriting or investing in stocks — in effect, from owning...

Tags: Big 3 Auto Bailout (2008), Banking, Investments, Alan Greenspan, Citigroup Incorporated

Firm that represented Frank McCourt in bankruptcy goes bankrupt

Irony is one of our most overused words, but come on … News has come from back east that the law firm of Dewey & LeBoeuf is filing for bankruptcy. Besides the little detail that this is the largest law firm to go under in U.S. history, there is...

Tags: Ted Lilly, Financially Distressed Companies, Judges, Legal Service, Justice System

Porn video shot on Coliseum grounds

The Los Angeles Memorial Coliseum field is the place where the USC Trojans play football, two Summer Olympics were staged, John F. Kennedy accepted the Democratic presidential nomination and Pope John Paul II celebrated Mass. It was also a location for...

Tags: USC Trojans, Corporate Crime, Justice System, Pornography, Lawyers

Chrysler aims to crack small-car market by reviving Dodge Dart

Three years after their shotgun marriage, Chrysler and Fiat are rolling out a new car that combines Chrysler's legacy with Fiat's Italian design roots. -------------------- FOR THE RECORD: A story in Wednesday's Business Section about Chrysler's...

Tags: Automotive Equipment, Companies and Corporations, Manufacturing and Engineering, Big 3 Auto Bailout (2008), Italy

Romney and 'super PAC' hit back on Bain attacks

President Obama’s reelection campaign for weeks has been portraying Mitt Romney as a heartless profiteer who enriched himself in corporate buyout deals that spawned bankruptcies and thousands of layoffs. On Tuesday, Romney and his allies struck...

Tags: Bain Capital, LLC, Politics, Layoffs and Downsizing, Companies and Corporations, Job Layoffs

Dewey & LeBoeuf law firm files for Chapter 11 bankruptcy

Storied law firm Dewey & LeBoeuf – which once advised the Los Angeles Dodgers on their restructuring – is itself filing for Chapter 11 protection as it prepares to liquidate. It’s a far fall for the New York firm, which in its heyday...

Tags: Career and Workplace, Labor Legislation, Financially Distressed Companies, Legal Service, Crime, Law and Justice

Kaiser buys South Los Angeles site for new medical facility

A long-awaited redevelopment project known as Marlton Square in South Los Angeles is set to move forward with the sale of a large portion of the site to Kaiser Permanente. Kaiser, the nation's largest nonprofit health plan and hospital system, plans to...

Tags: Auction Service, Personal Service, Realty, Services and Shopping, Financially Distressed Companies

Ventura's historic Pierpont Inn to be sold at auction

The Pierpont Inn & Spa, a century-old Ventura hotel that once served as a getaway for L.A.’s upper crust, will land on the auction block next month in a bankruptcy sale. The Arts and Crafts style hotel was built in 1910 by Josephine Pierpont and is...

Tags: Auction Service, Personal Service, Los Angeles Hotels, Hotel and Accommodation Industry