Santa Maria farmer files Chapter 7 amid legal battle with bank
A Santa Maria produce broker and farmer has filed for Chapter 7 bankruptcy with about $1 million in assets and $9 million in liabilities as his family companies sue the region’s largest bank on allegations that it failed to come through on millions of dollars in promised loans.
A deep dive into real estate: Sandpiper slated to close first investment pool
Sandpiper Capital Partners is testing the depth of its investor network as it gets ready to close its first pooled real estate investment fund at the end of July.
Portable power: Ojai firm makes battery systems that can go anywhere
An Ojai company’s creation that started as a way to run camera and lighting gear for on-location film shoots has evolved into a battery system that can power everything from military forces in Afghanistan to an off-grid organic vodka distillery in Hawaii.
OCB Bancorp taps Ortega to open Santa Barbara branch
The parent company of Ojai Community Bank is tapping veteran South Coast banker Eloy Ortega to open a new Santa Barbara branch.
Editorial: Large employers loosen grip on Ventura County
Half-a-dozen years ago, East Ventura County’s economy was heavily dependent on two very large employers: subprime lending giant Countrywide Financial Corp. and biotech behemoth Amgen.
Invested.in founder launches platform for accredited investors
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Dubroff: Wall Street rattles the West Coast, shaking up Amgen and Allergan
What happens on Wall Street is having a direct impact on West Coast jobs, with indirect effects on housing and other markets.
