bankruptcy Archives - Media City Groove

Friday, November 13, 2015

Photo: FLLewis / Media City G -- Shopper leaves Fresh & Easy 1615 West Verdugo Ave. Burbank on the last day of business November 13, 2015

By Fronnie Lewis Friday, November 13, 2015

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Fresh & Easy closing all stores on Friday the 13th

No last-minute reprieve for the Fresh & Easy grocery chain, the latest victim of the very competitive U.S. market. After the company filed for chapter 11 bankruptcy at the end of last month, all the stores are being closed — today is the last day. Over the past couple of weeks, prices have been slashed until now the discounts are […]

Thursday, June 19, 2014

By Fronnie Lewis Thursday, June 19, 2014

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Elephant Bar Restaurant in Burbank closes as part of bankruptcy filing

As some diners have discovered, the Elephant Bar Restaurant in Downtown Burbank has closed. On Monday, June 16, S.B. Restaurant Company, the parent of the Elephant Bar Global Grill/Wok Kitchen chain, reportedly filed for Chapter 11 bankruptcy. The petition to reorganize includes the shutdown of 16 of the casual dining chain restaurants including the one at North First Street and […]

Wednesday, March 13, 2013

By Fronnie Lewis Wednesday, March 13, 2013

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Twinkies are coming back!

There was an uproar when Hostess filed for bankruptcy last November, ending the production of some our favorite sweets likeTwinkies. Now there’s a good chance those golden sponge cakes with the cream filling, will be back on store shelves in Burbank and elsewhere in a few months. The reason: the successful bid of $410 million offered by private equity firms […]

Tuesday, June 28, 2011

By Fronnie Lewis Tuesday, June 28, 2011

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Dodgers drama: Frank McCourt still swinging

Embattled Dodger owner, Frank McCourt, is still fighting to keep control of the team. Yesterday, the Dodgers filed for Chapter 11 Bankruptcy. Today McCourt is trying to wrangle enough money to pay the team’s bills. More on McCourt’s dilemma and an upcoming hearing in U.S. bankruptcy court on the Los Angeles Times website.