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March 20, 1990 | JOHN MEDEARIS, TIMES STAFF WRITER
In March, 1989, Richard Carrott received a letter from his Japanese partner in Egg City, a Moorpark egg ranch. The partner, a division of the Japanese Okura & Co., says it loaned Egg City about $30 million and helped the ranch climb out of bankruptcy, but Carrott wasn't feeling very good about his relationship with the group. Not long before, he had had some angry exchanges with some Okura executives at Egg City.
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BUSINESS
August 27, 1991 | PHILIPP GOLLNER, TIMES STAFF WRITER
A judge has rejected a bankruptcy filing by the American majority owner of Egg City in Moorpark, bringing the company's Japanese partner one step closer to taking control of the ailing egg farm. U.S. Bankruptcy Judge Calvin K. Ashland on Friday sided with the Japanese partner, Okura & Co. (America), in ruling that the bankruptcy petition was improperly filed without a vote of the board of directors of The Careau Group, the parent of Egg City.
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BUSINESS
August 17, 1991 | JESUS SANCHEZ, TIMES STAFF WRITER
The American firm that owns the majority of Egg City may lose its stake in the world's largest egg farm to its Japanese partner as the result of a federal court's ruling in Los Angeles on Friday. U.S. District Judge Stephen V. Wilson ordered the Careau Group, the U.S. firm that owns 60% of the Moorpark egg farm, to pay more than $36 million in loans and interest to Okura & Co. (America), the U.S. subsidiary of a large Japanese trading company that owns the remainder of the farm.
BUSINESS
August 17, 1991 | JESUS SANCHEZ, TIMES STAFF WRITER
The American firm that owns the majority of Egg City may lose its stake in the world's largest egg farm to its Japanese partner as the result of a federal court's ruling in Los Angeles on Friday. U.S. District Judge Stephen V. Wilson ordered the Careau Group, the U.S. firm that owns 60% of the Moorpark egg farm, to pay more than $36 million in loans and interest to Okura & Co. (America), the U.S. subsidiary of a large Japanese trading company that owns the remainder of the farm.
BUSINESS
August 27, 1991 | PHILIPP GOLLNER, TIMES STAFF WRITER
A judge has rejected a bankruptcy filing by the American majority owner of Egg City in Moorpark, bringing the company's Japanese partner one step closer to taking control of the ailing egg farm. U.S. Bankruptcy Judge Calvin K. Ashland on Friday sided with the Japanese partner, Okura & Co. (America), in ruling that the bankruptcy petition was improperly filed without a vote of the board of directors of The Careau Group, the parent of Egg City.
CALIFORNIA | LOCAL
October 10, 1996 | MACK REED
An Oxnard company hopes to open a recycling center at the former Egg City, where 3 million chickens once roosted, laid eggs and left a stink that offended noses from Moorpark to Fillmore. M Maintenance Construction Clean-Up has applied to Ventura County for permission to use 14 of Egg City's 208 acres near Grimes Canyon to recycle construction debris collected around east Ventura County, said Joseph Reisdorf, a spokesman for the company. The company would lease the land from Okura & Co.
CALIFORNIA | LOCAL
March 6, 1993 | JAMES MAIELLA JR., SPECIAL TO THE TIMES
The owners of Egg City, once the world's largest egg farm, announced Friday they are ceasing operations and leasing the plant north of Moorpark to another egg producer. "It's been a tough time making profits here," said Egg City President Bob Field. "The employees have done an absolutely outstanding job, but unfortunately the industry itself is in trouble and for that reason we're going to have to shut down."
CALIFORNIA | LOCAL
August 5, 1992 | MAIA DAVIS, SPECIAL TO THE TIMES
Egg City, the giant egg ranch based north of Moorpark, is laying off almost half its employees and drastically reducing its stock of chickens because the company is getting out of the whole-egg production business. The company will mail letters to 170 of its 400 employees today advising them that they will be out of work in 60 days, said Gerald Rosen, president and chief executive officer.
BUSINESS
October 19, 1990 | LESLIE HELM, TIMES STAFF WRITER
AST Research Inc., an Irvine-based personal computer maker, has signed up three distributors for its new made-for-Japan computer, overcoming the final obstacle to beginning sales next month of the hybrid machine. The machine drew strong interest when it was first announced in July because it was the first time an outside company had challenged NEC Corp.'s dominance of the Japanese personal computer market with a compatible machine.
BUSINESS
February 13, 1990 | JOHN MEDEARIS, TIMES STAFF WRITER
The ownership of 3 million hens laying 2 million eggs each day was put at stake Feb. 2 when the Japanese partner in Egg City, once the world's largest egg ranch, sued to take control of the huge Moorpark farm. Okura-America, the U.S. arm of Japanese trading company Okura & Co., alleged that Careau Group, the owner of 60% of Egg City, has defaulted on $30 million in loans and wants to foreclose on the ranch. According to a lawsuit filed by Okura in U.S.
BUSINESS
March 20, 1990 | JOHN MEDEARIS, TIMES STAFF WRITER
In March, 1989, Richard Carrott received a letter from his Japanese partner in Egg City, a Moorpark egg ranch. The partner, a division of the Japanese Okura & Co., says it loaned Egg City about $30 million and helped the ranch climb out of bankruptcy, but Carrott wasn't feeling very good about his relationship with the group. Not long before, he had had some angry exchanges with some Okura executives at Egg City.
CALIFORNIA | LOCAL
June 13, 1988
The Los Angeles City Council will be selecting in the next few days a developer for the last large open tract in the Civic Center. It is a choice of significance. It is a decision that will test the council's commitment to its fundamental responsibility to appropriate planning and financial responsibility. But extraneous political considerations already threaten to intrude in the decision process.
BUSINESS
November 20, 1990 | JOHN MEDEARIS, TIMES STAFF WRITER
A trial got under way last week in U.S. District Court in Los Angeles over a case that will decide who owns the 3 million birds at Egg City in Moorpark, once the world's largest egg ranch. Okura & Co. (America), a subsidiary of a large Japanese trading company, owns 40% of Egg City and sued last February to foreclose on the ranch, saying it was owed $31 million.
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