El Diario Seeks Bankruptcy Protection: El Diario...
El Diario Seeks Bankruptcy Protection: El Diario de Los Angeles, a Spanish-language daily newspaper that debuted two years ago, has filed for bankruptcy. The owners are seeking to liquidate under Chapter 7 of the U.S. Bankruptcy Code, claiming assets of nearly $32,000 against liabilities of more than $23 million. Mexican investors had provided $6 million to start up El Diario as Los Angeles’ third Spanish-language daily.
More to Read
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
