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Before that, Shea served as Partner in the San Diego office of Pillsbury Winthrop LLP, where he specialized in commercial finance, litigation and financial reorganization. [4] In 2005, Shea ran unsuccessfully for mayor [10] of San Diego, California, [11] advocating that the city should file for Chapter 9 bankruptcy [12] to address its financial ...
On March 5, 2020, Art Van Furniture announced it would liquidate all of their company owned stores and file for chapter 11 bankruptcy. Barker Bros. – Los Angeles-based furniture store chain which was at one time the largest furniture store chain on the west coast for nearly a century before it filed for bankruptcy in 1992
In addition, the investment bank Lehman Brothers filed for Chapter 11 bankruptcy protection in September 2008, citing bank debt of $613 billion and $155 billion in bond debt. The solvency of other U.S. banks was severely threatened, forcing the George W. Bush government to intervene with the $700 billion bailout plan of the Troubled Asset ...
A new federal building was commissioned to showcase San Diego's newfound standing and to provide governmental offices in anticipation of a burgeoning population and urban growth. To attract attention to the city, civic leaders began planning the 1915 Panama–California Exposition to celebrate the successful completion of the canal. The U.S ...
By Nate Raymond (Reuters) -A U.S. appeals court has halted enforcement of an anti-money laundering law that requires corporate entities to disclose the identities of their real beneficial owners ...
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The San Diego City Employees' Retirement System had been underfunded in some form for more than a decade. [3] In 2001, as a result of years of sharp increases in pension benefits combined with decreases in pension funding [4] and a decrease in the value of investments, [5] the fund fell below certain funding targets.
Small business owners should not forget about a rule — currently in legal limbo — that would require them to register with an agency called the Financial Crimes Enforcement Network, or FinCEN ...
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