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June 22, 1990
James B. MacDonald, a partner in the Costa Mesa law firm of Speers Dana Teal & Balfour, has been named to the Orange County Performing Arts Center's board of directors. MacDonald, also a partner in Mission Investments real estate developers, has been chairman of the Center's Endowment Council since 1987. He fills a vacancy on the 53-member board. His term will expire in 1993.
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ENTERTAINMENT
June 22, 1990
James B. MacDonald, a partner in the Costa Mesa law firm of Speers Dana Teal & Balfour, has been named to the Orange County Performing Arts Center's board of directors. MacDonald, also a partner in Mission Investments real estate developers, has been chairman of the Center's Endowment Council since 1987. He fills a vacancy on the 53-member board. His term will expire in 1993.
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BUSINESS
February 6, 1987 | JOHN SPANO, Times Staff Writer
The Federal Deposit Insurance Corp. filed a malpractice suit against Orange County attorney James B. Macdonald Thursday, asserting that the now-defunct Valencia Bank lost millions of dollars because of his poor legal advice. Macdonald served as general counsel to Valencia Bank between 1980 and 1985, according to the FDIC'S lawsuit, filed in Orange County Superior Court. Macdonald could not be reached for comment.
BUSINESS
June 2, 1991 | JAMES S. GRANELLI, TIMES STAFF WRITER
Federal regulators are about to close the books on Valencia Bank, a small Santa Ana institution they seized and closed five years ago. And the final ledger contains a little surprise. After paying off all valid creditors and depositors the full amounts owed them, the Federal Deposit Insurance Corp. has about $6.7 million in excess cash and a few assets left to sell for itself. "It's very unusual to end up with excess money," said Jerry Saylor, FDIC assistant regional director in San Francisco.
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