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Court rebuffs bank on Estate Financial payout

By   /  Friday, September 16th, 2011  /  Banking & Finance, Banking Industry, Law, Top Stories, Tri-County Public Companies  /  Comments Off on Court rebuffs bank on Estate Financial payout

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B and H Flowers files for Ch. 11

By   /  Friday, August 5th, 2011  /  Top Stories, Tri-County Economy  /  Comments Off on B and H Flowers files for Ch. 11

B and H Flowers is seeking Chapter 11 bankruptcy protection in a face-off with one of the world’s largest banks.

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Bryan Cave case could land in L.A. court

By   /  Friday, July 22nd, 2011  /  Law, Top Stories  /  Comments Off on Bryan Cave case could land in L.A. court

A recent U.S. Supreme Court decision could decide whether Bryan Cave’s case is heard in federal court.

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Feds go after oil magnate’s operations

By   /  Friday, June 24th, 2011  /  Top Stories  /  Comments Off on Feds go after oil magnate’s operations

Randeep Grewal has built up a global energy empire — and left millions of dollars in unpaid debts in his wake.

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Trustees seek $148M from Bryan Cave

By   /  Friday, May 20th, 2011  /  Banking & Finance, Top Stories  /  Comments Off on Trustees seek $148M from Bryan Cave

A large law firm faces allegations that it knew about potentially illegal activities at defunct Paso Robles-based mortgage lender Estate Financial.

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SLO mortgage lenders file personal bankruptcy

By   /  Monday, November 8th, 2010  /  Features, Top Stories  /  Comments Off on SLO mortgage lenders file personal bankruptcy

The former president of now-defunct mortgage lender Cameron Financial Group has filed for personal bankruptcy, listing $33.1 million in debts and $2.6 million in assets. E. Shannon Faries and his wife, Olivia Faries, filed for Chapter 7 bankruptcy on Sept. 29, listing mostly debts from their now-bankrupt company, which was based in San Luis Obispo. Read More →

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Hertel partner files $128M bankruptcy

By   /  Friday, October 29th, 2010  /  Real Estate, Top Stories  /  Comments Off on Hertel partner files $128M bankruptcy

Almost two years after Ventura-based developer R.W. Hertel & Sons was forced into bankruptcy by its creditors, one partner is left holding the bag. Bob Fowler filed one of the largest personal bankruptcies in tri-county history on Sept. 26, listing $127.6 million in debts. Of those liabilities, $105.6 million are personal guarantees Fowler made on Read More →

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