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CALIFORNIA | LOCAL
May 26, 1989
The sale of the Horseshoe Club, one of Gardena's three poker clubs, was put on hold this week when the City Council voted to table a proposal from a group of investors who balked at the city's requirements for a license transfer. City officials on Tuesday told prospective buyer Herbert Stern and his partner, Leonard Baum, that before the city would approve issuing a license to the group, five conditions must be met, including the establishment of a $180,000 escrow account to cover four weeks' pay for the club's 250 employees.
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CALIFORNIA | LOCAL
July 14, 1989
An investor whose application to the city of Gardena to buy the Horseshoe Club had run into problems with both the city and state attorney general's office withdrew the application this week, signaling the demise of the city's oldest poker club. Herbert Stern, the former president of the Commerce Casino, asked city officials Tuesday to withdraw his application for a transfer of an operating license issued by the city.
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CALIFORNIA | LOCAL
July 14, 1989
An investor whose application to the city of Gardena to buy the Horseshoe Club had run into problems with both the city and state attorney general's office withdrew the application this week, signaling the demise of the city's oldest poker club. Herbert Stern, the former president of the Commerce Casino, asked city officials Tuesday to withdraw his application for a transfer of an operating license issued by the city.
CALIFORNIA | LOCAL
June 15, 1989 | ADRIANNE GOODMAN, Times Staff Writer
Employees of the Horseshoe Club are staging a weeklong protest outside the Gardena gambling casino to oppose its closing, while club owners and city officials seek to work out an agreement to reopen the facility, the city's oldest card club. Mayor Donald Dear said he has met with club General Manager Milt Corwin and prospective buyer Herbert Stern to discuss a new plan to bail out the club, which closed for remodeling on May 24 and may not reopen unless a financing plan is worked out. The city is involved in the negotiations because under state law, both the city and the state attorney general's office must license new casino owners and check their backgrounds.
CALIFORNIA | LOCAL
May 26, 1989 | ADRIANNE GOODMAN, Times Staff Writer
The sale of the Horseshoe Club, one of Gardena's three poker clubs, was put on hold this week when the City Council voted to table a proposal from a group of investors who balked at the city's requirements for a license transfer. City officials on Tuesday told prospective buyer Herbert Stern and his partner, Leonard Baum, that before the city would approve issuing a license to the group, five conditions must be met, including setting up a $180,000 escrow account to cover four weeks pay for the club's 250 employees.
CALIFORNIA | LOCAL
June 15, 1989 | ADRIANNE GOODMAN, Times Staff Writer
Employees of the Horseshoe Club are staging a weeklong protest outside the Gardena gambling casino to oppose its closing, while club owners and city officials seek to work out an agreement to reopen the facility, the city's oldest card club. Mayor Donald Dear said he has met with club General Manager Milt Corwin and prospective buyer Herbert Stern to discuss a new plan to bail out the club, which closed for remodeling on May 24 and may not reopen unless a financing plan is worked out. The city is involved in the negotiations because under state law, both the city and the state attorney general's office must license new casino owners and check their backgrounds.
NEWS
December 15, 1995 | Associated Press
The state's former attorney general was sentenced to 14 months in prison Thursday for taking secret campaign contributions from operators of illegal video poker machines. "I'm a strong guy. I'm not afraid to do time," Ernie Preate Jr., who plans an appeal, said outside court. "I can do federal prison standing on my head."
BUSINESS
October 3, 2007 | From Bloomberg News
A congressional committee sent letters to three of the largest U.S. telephone companies asking about Bush administration efforts to spy on Americans' phone calls and Internet messages. The House Energy and Commerce Committee asked 25 questions of AT&T Inc., the largest U.S. telephone company; Verizon Communications Inc., the second biggest; and Qwest Communications International Inc., the fourth largest, according to letters posted on the panel's website.
NEWS
April 12, 1988 | United Press International
The judge in the Iran-Contra scandal today scolded prosecutors for playing a "cat and mouse game" and held out the threat that there may be no trial if they do not quickly turn over secret documents and information and prove to him they have a case. Claiming failure to do so will result in a "constitutional question of major proportions," U.S. District Judge Gerhard Gesell took firm rein on the first pretrial conference between the office of independent counsel Lawrence E.
BUSINESS
April 9, 1985 | Associated Press
A federal judge Monday ordered Western Union to turn over documents on the company's finances to two unions and said that employees will be temporarily free of wage concessions agreed to last year should a higher court stay his order. U.S. District Judge Herbert Stern ruled after finding that an agreement that the Upper Saddle River, N.J.-based communications company signed last year bound the company to giving the workers a say in Western Union's management.
CALIFORNIA | LOCAL
May 26, 1989
The sale of the Horseshoe Club, one of Gardena's three poker clubs, was put on hold this week when the City Council voted to table a proposal from a group of investors who balked at the city's requirements for a license transfer. City officials on Tuesday told prospective buyer Herbert Stern and his partner, Leonard Baum, that before the city would approve issuing a license to the group, five conditions must be met, including the establishment of a $180,000 escrow account to cover four weeks' pay for the club's 250 employees.
CALIFORNIA | LOCAL
May 26, 1989 | ADRIANNE GOODMAN, Times Staff Writer
The sale of the Horseshoe Club, one of Gardena's three poker clubs, was put on hold this week when the City Council voted to table a proposal from a group of investors who balked at the city's requirements for a license transfer. City officials on Tuesday told prospective buyer Herbert Stern and his partner, Leonard Baum, that before the city would approve issuing a license to the group, five conditions must be met, including setting up a $180,000 escrow account to cover four weeks pay for the club's 250 employees.
BUSINESS
April 20, 2007 | From the Associated Press
denver -- Joe Nacchio, a former AT&T executive tapped to transform Qwest Communications International Inc. into a major telecommunications competitor, was convicted Thursday of 19 of 42 insider trading charges after onetime top executives described his relentless drive to meet revenue projections without revealing financial risks. A U.S.
NEWS
March 23, 1989 | ADRIANNE GOODMAN, Times Staff Writer
The Horseshoe Club, one of Gardena's three poker clubs, is being sold to a partnership headed by the former president of the Commerce Casino, who said he plans to close the club temporarily for extensive remodeling. Herbert Stern, former president of a group of investor-owners at the Commerce Casino, is a general partner of the newly formed limited partnership that has made an agreement to purchase the 42-year-old Horseshoe Club.
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