Guitar Center announced that it emerged from Chapter 11 bankruptcy proceedings after its reorganization plan was confirmed in federal court on Dec. 17, less than a month after the company filed for bankruptcy. The plan puts into motion a collection of previously announced recapitalizations, including exit financing and the abolishment of all of Guitar Center’s Read More →
Dignity Health Central Coast President and CEO Chuck Cova will step down as the leader of the biggest hospital chain in the region, Dignity Health announced Dec. 30. His retirement comes after a 38-year career with Dignity Health. Cova was the president and CEO of Marian Regional Medical Center in Santa Maria in 2004 when Read More →
A new Ventura County law firm will greet the new year: The father and son team of Chuck and Tom Cohen are forming a new firm called Cohen Land Use Law, LLP, leveraging their expertise in real estate and development. The Cohens announced the formation of their new Thousand Oaks-based firm on Dec. 29. They Read More →
The Dec. 25 edition of the Pacific Coast Business Times was our annual Year In Review, featuring a look back at our biggest and most interesting stories from a year we won’t soon forget, as much as we all might like to. Here is a look at 2020 through our headlines, starting in January, when Read More →
When MacKenzie Scott announced recently that she’d given nearly $4.2 billion to charitable organizations in the United States, one of the 384 recipients on her list was Direct Relief, the Santa Barbara-based nonprofit that distributes medical aid all over the world. Direct Relief plans to disclose both the exact amount of the gift and the Read More →
Westlake Village BioPartners has launched two new funds worth a total of $500 million, bringing the total raised by the firm to more than $820 million since it was founded in 2018.