A creditors committee was named for the Dodgers bankruptcy case today, and among those included in the group is the family of Bryan Stow, the San Francisco Giants fan who was brutally beaten on opening day at Dodger Stadium.
Stow Family Among Those Named to Creditors Committee in Dodgers Bankruptcy
Dodgers Bankruptcy: MLB Says "Oh No You Di'int"
News that the Los Angeles Dodgers have filed for Chapter 11 bankruptcy protection inspired a multitude of reactions yesterday from fans, civic leaders, other ball teams, and media talking heads, however today one of the big'uns has spoken. Major League Baseball has formally objected to the bankruptcy filing.
Dodgers File for Chapter 11 Bankruptcy
Today the Los Angeles Dodgers filed for Chapter 11 bankruptcy protection, with owner Frank McCourt claiming that the cause was Major League Baseball Commissioner Bud Selig's unwillingness to approve the proposed television deal with Fox, according to the L.A. Times.
Borders to Close More Stores, Including Hollywood Location
More Borders bookstores will soon be closing the chapter on their retail residencies in 28 more locations, including in Los Angeles at Sunset and Vine. The Hollywood location, an anchor at the mixed-use development, will join the Glendale, Sherman Oaks, Pasadena, Valencia, and Oxnard locations in closing up shop for good in May, reports the Daily News. Currently the stores are in liquidation mode, and selling all their stock at a discount.
Blockbuster to Hollywood Studios: We're Bankrupt
It probably won't come us a surprise to many that Blockbuster, once the market leader in home video rentals, is preparing to file for bankruptcy. "Executives from Blockbuster and its senior debt holders last week held meetings with the six major movie studios to discuss their intention to enter a 'pre-planned' bankruptcy in mid-September, said several people familiar with the situation who requested anonymity due to the sensitivity of ongoing talks," reports the LA Times.
Circuit City Files for Chapter 11; Still Open for Holiday Sales
Electronics retailer Circuit City announced recently that they were going to close 155 stores nationally in efforts to curtail their financial woes. According to a November 3 press release, "the stores identified for closure are located in 55 U.S. media markets, of which Circuit City will exit 12 U.S. media markets." Although not exiting California, they are planning on closing 24 stores in the state, including ones locally in Industry, Compton, Foothill Ranch, Thousand Oaks, Riverside, North Fontana, Pomona, Santa Maria, and Santa Barbara.

