In this fight the winner, by split decision, is plaintiffs
CallWave’s attempt to take itself private caused a brief flare-up in Santa Barbara County Superior Court that likely will result in a payday for some out-of-town attorneys. The former Santa Barbara company hit the markets with a $40 million initial public offering in 2004. But its flagship products — most notably, a service to let Read More →
Forever 21
Forever 21, a trendy Los Angeles-based clothing store, has run into trouble in its bid to take over a Gottschalks location in Santa Maria vacated by that company’s bankruptcy. Officials behind the company that owns Santa Maria’s Town Center have objected to Forever 21 because they say the property’s lease agreements say that the former Read More →
Camarillo firm outfoxes Sean Hannity
Fox News commentator Sean Hannity has picked a fight with the wrong guy. He’s gotten under the skin of Matt Kolb, the president of National Coatings Corp., a small, successful roofing materials company based in Camarillo. Kolb, to put it mildly, is steamed about Hannity’s inopportune wisecracks about white roof coatings. National Coatings Corp. is Read More →
With Cisco
The recession has sped up the U.S. economy’s ongoing shift from forging iron to moving electrons and ones and zeros. That will become clear June 8, when the Dow Jones Industrial Average kicks out General Motors and replaces it with Internet backbone giant Cisco. Dow Jones announced the move — along with the replacement of Read More →
Crackdown on bank lending has trickle-down effect on property
Today’s economy demands a hard, objective look at cash flow, a company’s debt service and leasehold/rent costs before a business can legitimately qualify for a sale or financing opportunities as outlined by new Small Business Administration guidelines. At least that’s what Randall Barondess says. Barondess, director of the Thousand Oaks-based Business Brokerage Division of Troop Read More →
These cuts will wilt small businesses
With Gov. Arnold Schwarzenegger cutting $5 billion in direct spending to avert insolvency, it is clear that California’s budget crisis will now have a direct and large cost to area businesses. Thousands of retail shops and restaurants across the Tri-Counties will feel an impact from the cuts. Ditto contractors and businesses that provide services to Read More →
Westlake Medical Center 80% pre-leased after $1M renovation
The million-dollar renovation of the Westlake Medical Center has been completed, and 80 percent of the building’s space has been pre-leased. The two-story, 30,000-square-foot Westlake Medical Center is located within an established medical environment on Agoura Road in Westlake Village. Tony Principe, president of Westlake Village-based Westcord Commercial Real Estate Services, marketing agent for owners Read More →
