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By Stephen Nellis / Friday, December 20th, 2013 / Law, South Coast, Top Stories / Comments Off on Diesel seeks $5.5M from defunct GBMI
Italian fashion firm Diesel is hoping to enforce a $5.5 million judgment against Global Brand Marketing Inc., the Santa Barbara-based footwear firm led by Killick Datta that was worth $500 million at its peak.
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By Stephen Nellis / Friday, December 20th, 2013 / Technology, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Clean Diesel changes ethics rules after $1.9M federal fine
The CEO of Ventura-based Clean Diesel Technologies has stepped down after a year on the job, a move that likely reflects a faltering relationship with Italian tire-maker Pirelli. In a separate announcement, the company said it has amended its ethics code in light of a $1.9 million fine from federal labor regulators over a whistleblower complaint.
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By Stephen Nellis / Friday, December 13th, 2013 / Columns, Law / Comments Off on Attorney found passion for environmental law in Antarctica
Kristin Larson took the long route to the law and back to the Tri-Counties. Larson, who specializes in combing over deals for potential environmental law issues, spent a decade in Antarctica as a research scientist before heading off to law school and a career in M&A law.
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By Stephen Nellis / Friday, December 13th, 2013 / Central Coast, South Coast, Top Stories, Tri-County Economy / Comments Off on Outside funds fuel county’s energy boom
Santa Maria Energy’s deal to go public and bring its total funds raised to date to an estimated $90 million caps a flurry of renewed investment and activity in Santa Barbara County’s oil fields, both onshore and offshore. In addition to 136 wells that Santa Maria Energy has planned, Denver-based Venoco has proposals before regulators Read More →
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By Stephen Nellis / Friday, December 6th, 2013 / Banking & Finance, Technology, Top Stories, Tri-County Public Companies / Comments Off on $86.2M Inogen IPO puts Goleta startups in play
Goleta-based Inogen, a maker of portable oxygen concentrators founded by UC Santa Barbara students, has filed for an initial public offering to raise up to $86.2 million. While many successful companies have been spun out of UCSB by professors and doctoral students, Inogen would likely be the first company founded by an undergraduate team to go public. Inogen won the program’s very first business plan competition in 2001.
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