A shareholder of Venoco has filed a lawsuit to block a proposal by the CEO of the oil and gas company to buy the half of the company he doesn’t already own, alleging that the proposed buyback undervalues the firm. Tim Marquez, the CEO and president of Venoco, has offered $12.50 per share to buy Read More →
General contractor Melchiori Construction Co. has faced 31 claims from subcontractors and suppliers that it did not pay them for their work on Santa Barbara County’s $4.5 million Emergency Operations Center. Melchiori’s subcontractors and suppliers filed 31 so-called “stop notices” with county officials for $1.5 million worth of work. In public works projects, a subcontractor Read More →
By Stephen Nellis / Friday, August 19th, 2011 / Features, Law & Goverment / Comments Off on Fire remnants smolder: Tea, Jesusita litigation flares anew
The attorneys trying to recover millions of dollars in damages for the Tea and Jesusita fires are focusing their litigation on defendants with the resources to pay.
By Stephen Nellis / Friday, July 1st, 2011 / Columns, Law & Goverment / Comments Off on Wage and hour ruling puts California employers in a sticky spot
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