Computique, a computer retailer that filed for...
Computique, a computer retailer that filed for protection from its creditors under Chapter 11 of the U.S. Bankruptcy Code last month, has reopened six of its eight stores in Orange and Los Angeles counties after winning the cooperation of its creditors and suppliers, president and owner Tad Krusiewicz said Monday.
The 14-year-old company, which once billed itself as Southern California’s oldest independent computer retailer, closed its doors May 20 and filed a petition to reorganize after a major creditor sought to freeze the company’s assets because of unpaid debt. As of March 31, the company had debts of nearly $4 million and assets of $3.6 million, according to documents filed in U.S. District Court.
Krusiewicz said the company has closed its operations in Tarzana and downtown Los Angeles. Earlier plans to open new stores in Costa Mesa and Encino have been put aside while the company sorts out its finances, Krusiewicz said.
HealthCare USA of Santa Ana, one of the nation’s largest operators of prepaid health plans, said Monday that it will open a new health maintenance organization in the Toledo, Ohio, area.
The new plan, which will start accepting subscribers late this year, is the second prepaid health plan the company has started since October.
HealthCare USA operates prepaid health plans, which are also called health maintenance organizations, in Southern California, Michigan, Hawaii and Kentucky. Next month, the company will begin accepting members for its new plan in Phoenix.
Fluorocarbon Co. of Laguna Niguel announced Monday the signing of a definitive agreement to sell its semiconductor operations to a group of private investors. The new company will be named Verteq and expects to retain all employees of the operations being sold. The sale is expected to close by June 28.
The investor group is led by Keith Norby, the former managing partner of the Orange County office of Arthur Young & Co.