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Bankruptcy was filed two months later, resulting in the sale of assets of the Humboldt Creamery at auction on August 27, 2009, to Foster Farms Dairy for $19.25 million. [ 3 ] [ 4 ] [ 5 ] The former CEO pleaded guilty to changing the values of the Creamery's receivables and payables for three years between 2005 and 2008. [ 3 ]
Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California, United States. It delivered products to customers' homes within a 30-minute window of their choosing. [2]
California has seen a consistent and significant increase in its minimum wage over the past decade. In 2014, the state’s minimum wage was $9.00 an hour. Today, it’s set at $16 an hour, rising ...
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Fremont General Corp. filed for Chapter 11 bankruptcy in June 2008. [7] Fremont Investment & Loan's assets were sold off and it surrendered its state banking charter. The bank's retail business, including its deposits, were sold in 2008 to CapitalSource Inc. in Chevy Chase, Maryland (which operated as CapitalSource Bank).
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A federal bankruptcy judge has approved the terms of a $20 million settlement that will benefit former Bitwise Industries employees who abruptly lost their jobs when the Fresno-based technology ...
FCA filed for chapter 11 bankruptcy the next day. (In February 1989, it was changed to a chapter 7 liquidation.) The thrift was split into a good bank and bad bank, with New West Federal Savings bank as the bad bank. At the time it had $30 billion in assets and was one of the largest thrifts in the United States. [citation needed]
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related to: forge and foster bankruptcy settlement agreement california