Guitar Center bankruptcy hits final note
Guitar Center announced that it emerged from Chapter 11 bankruptcy proceedings after its reorganization plan was confirmed in federal court on Dec. 17, less than a month after the company filed for bankruptcy. The plan puts into motion a collection of previously announced recapitalizations, including exit financing and the abolishment of all of Guitar Center’s Read More →
Read More →Dignity Health regional CEO Chuck Cova to retire
Dignity Health Central Coast President and CEO Chuck Cova will step down as the leader of the biggest hospital chain in the region, Dignity Health announced Dec. 30. His retirement comes after a 38-year career with Dignity Health. Cova was the president and CEO of Marian Regional Medical Center in Santa Maria in 2004 when Read More →
Read More →State launches $500M relief program for small businesses
The first round of applications for California’s Small Business COVID-19 Relief Grant Program opened Dec. 30, a month after Gov. Gavin Newsom announced the state was giving $500 million in grants to small businesses and nonprofits. “Small business owners and our nonprofits serve as the economic heart of every California community,” Newsom said in a Read More →
Read More →Chuck and Tom Cohen start new land use law firm in Thousand Oaks
A new Ventura County law firm will greet the new year: The father and son team of Chuck and Tom Cohen are forming a new firm called Cohen Land Use Law, LLP, leveraging their expertise in real estate and development. The Cohens announced the formation of their new Thousand Oaks-based firm on Dec. 29. They Read More →
Read More →2020: The Year In Review
The Dec. 25 edition of the Pacific Coast Business Times was our annual Year In Review, featuring a look back at our biggest and most interesting stories from a year we won’t soon forget, as much as we all might like to. Here is a look at 2020 through our headlines, starting in January, when Read More →
Read More →Isla Vista landlord, management company settle civil case
The Santa Barbara County District Attorney’s Office reached a civil settlement Dec. 23 to resolve consumer protection complaints against two companies operating apartment complexes in Isla Vista. The civil complaints, filed in Santa Barbara Superior Court, contended that property owner CP910BMIV and property management company Isla Vista Luxury Living committed unlawful business practices by not Read More →
Read More →More avocado consumption doesn’t add up to more profit for Calavo
Americans have been eating more avocados than ever during the pandemic, but the companies that sell them avocados aren’t necessarily profiting from the growing volume. Around 70% of U.S. households will have purchased avocados in 2020, with consumption on pace to top 6.25 billion avocados, 64% more than U.S. consumers bought in 2014, according to Read More →
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