August 28, 1987 |
When marshals appeared at some of Pioneer Take Out's company-owned fried-chicken restaurants not long ago, they did not stop for food. Instead, they emptied the cash registers. It was just one notable symbol of Pioneer's recent troubles, including declining sales, intense competition and major unhappiness among the ranks of its franchise holders. The marshals, acting under a court judgment, were collecting part of $160,000 that Pioneer owed to Cummings Inc., a sign company.
CALIFORNIA | LOCAL
September 27, 1990
Sherry Joan Kurland, a longtime Sherman Oaks resident who helped found the Open School in Los Angeles, has died in Encino. She was 49. Mrs. Kurland died Saturday of cancer, her husband Richard Kurland said. Born Sherry Joan Kaufman on July 23, 1941, in Los Angeles, she grew up in the Los Feliz area. She graduated from Marshall High School in 1959 and earned a bachelor of arts degree in public administration from UCLA in 1963.
December 11, 1987 |
An investment group has taken control of troubled Pioneer Take-Out Corp. after agreeing to buy out the founder and owner of the fried-chicken restaurant chain for an undisclosed amount. Pioneer Acquisition Corp., headed by former California legislator Terrence B. Goggin and investment banker Robert B. MacDonald, took control on Wednesday, the company said. Goggin will serve as the company's chief executive and Mac Donald as chief financial officer. H. R.
January 12, 1988 |
Pioneer Take-Out Corp., the fried chicken chain in the midst of an ownership battle, on Monday filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The company said it expected its nearly 270 restaurants, which are mainly in Southern California, to remain open as it seeks to reorganize under court protection from creditors. "I am confident that we will emerge from this as a healthy, financially sound company," said H. R. (Rick) Kaufman, founder of the 26-year-old company.