CALIFORNIA | LOCAL
April 22, 1989 |
Sheriff John Duffy, claiming that his failure to disclose $36,000 in loans he received last year was an oversight, has filed an amended Statement of Economic Interests naming the three close supporters who provided the money. The amended statement was filed Monday afternoon with the clerk of the Board of Supervisors after a reporter for the San Diego Reader newspaper questioned why Duffy had not listed the $36,000 loan that he and Sheriff's Lt. John Tenwolde used to pay opponents' attorneys fees after losing a lawsuit.
November 6, 2001 |
Credit Suisse First Boston agreed to provide EchoStar a $2.75-billion loan to replace an unusual financing arrangement in the company's bid for DirecTV, a division of General Motors Corp. subsidiary Hughes Electronics Corp. During negotiations the day before the $25.8-billion deal was announced Oct. 28, EchoStar Chairman Charles Ergen used his own EchoStar shares as collateral. Deutsche Bank had agreed to provide EchoStar with the other half of a $5.
CALIFORNIA | LOCAL
September 3, 1986 |
Albert J. Lowry, one of the nation's best-known authors of books on getting rich through real estate investments, is being sued by a bank that claims he and the three other owners of a Westlake Village health club defaulted on a $350,000 loan. California First Bank alleges in its Los Angeles Superior Court suit that Lowry and his partners in Westlake Sporthouse never made any payments on the loan, which was negotiated in August, 1985.
September 19, 1986 |
Opponents of Proposition 63--the November ballot measure that would declare English to be the official language of California--charged Thursday that supporters of the proposition have violated campaign financing laws by inaccurately reporting $300,000 in loans.
October 4, 2009 |
One reason we got into our current economic mess is because banks handed out home loans to pretty much anyone with a pulse, regardless of their ability to, you know, actually make mortgage payments. Banks have subsequently tightened their lending practices, which is a good thing. But have they gone too far? Glendora residents Angie Trujillo and Carl Heinzen think so. They're still trying to figure out why they got turned down for a refinancing of their mortgage. Before we get any deeper into their story, you should know that Trujillo, 61, is no stranger to the world of banking.
June 28, 1986 |
Friday was a frenzied day for Tom Starr, executive director of the Freedom Bowl. The future of this year's game--and the bowl itself--was at stake. Only some last-minute running around town to pick up loans and donations saved the bowl from passing into history. "I got everything done," Starr said Friday evening. "I feel like Indiana Jones--it went down to the last minute." The City of Anaheim and its Visitors and Convention Bureau handed Starr $250,000 in interest-free loans Friday.
December 7, 1988 |
A former suitor of Heidi's Frogen Yozurt Shoppes has filed a lawsuit accusing the Laguna Hills chain of fraud and deceit and seeking damages of $5.6 million. The lawsuit by Johnston Foods, filed Tuesday in Orange County Superior Court, follows the announcement last month that a planned merger of Heidi's and Johnston Foods had fallen apart. Since then, Heidi's has signed an agreement to be acquired by New York-based Steve's Homemade Ice Cream. That deal is still pending.
July 12, 2013 |
Question: Our homeowner association's directors have attorneys telling them they can do whatever they want because they are the board. Distrusting the board, I went to the office to inspect documents and found an agreement dated February 2007 for a loan for more than $3.3 million the board had taken out without the knowledge of owners. I purchased my condominium in 2007 after the loan was taken out. I believe that this obligation should have been disclosed during my purchase. While in escrow, I had only two weeks to review my condo documents, which stated, among other things, that there was $2.05 million in reserves.
April 20, 2003 |
A longtime renter with a stellar credit rating and a stable job, Nicolette Janssen lacked two keys she needed to becoming a homeowner: the courage to try and the right financing. The courage was bolstered by her boyfriend, Michael Stackhouse, a 27-year-old art student whose tenacious insistence that she could buy a house led Janssen to find, purchase and fix up a 1923 Craftsman bungalow near View Park in Los Angeles.