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Registry Hotel

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BUSINESS
February 9, 1989 | MARY ANN GALANTE, Times Staff Writer
Angry employees, confused diners and a handful of executives were the only people left at the Registry Hotel on Wednesday as the bankrupt inn wound down operations and finished closing its doors. Unable to find a buyer or make a required debt payment, the Registry's management relinquished control Tuesday to Homestead Savings & Loan Assn. in Burlingame, the Registry's principal creditor.
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CALIFORNIA | LOCAL
January 19, 1990 | JAMES QUINN, TIMES STAFF WRITER
About 60 union employees of the Registry Hotel in Universal City demonstrated Thursday to step up pressure on MCA, insisting that the entertainment firm can save their jobs by canceling a deal to sell the hotel. The 24-story luxury hotel--built and operated by other companies on land owned by MCA--is scheduled to close Jan. 30 when Tuntex, a Taiwanese firm, takes over, and to reopen under new management.
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BUSINESS
December 18, 1989 | BRUCE KEPPEL, TIMES STAFF WRITER
A Taiwan industrial firm has bought the 24-story Registry Hotel on the edge of Universal Studios from Cigna, an insurance holding company, Registry officials confirmed Sunday. Terms of the sale were not disclosed. Tuntex, a textile and petrochemical concern, will close the 450-room luxury hotel Jan. 31 to renovate the 5-year-old building in Universal City. The hotel's 420 employees will receive severance pay and help in finding new jobs, said Peter Ambros, Registry vice president.
BUSINESS
December 18, 1989 | BRUCE KEPPEL, TIMES STAFF WRITER
A Taiwan industrial firm has bought the 24-story Registry Hotel on the edge of Universal Studios from Cigna, an insurance holding company, Registry officials confirmed Sunday. Terms of the sale were not disclosed. Tuntex, a textile and petrochemical concern, will close the 450-room luxury hotel Jan. 31 to renovate the 5-year-old building in Universal City. The hotel's 420 employees will receive severance pay and help in finding new jobs, said Peter Ambros, Registry vice president.
BUSINESS
July 7, 1989 | LESLIE BERKMAN, Times Staff Writer
An Orange County investors group said Thursday it has bought the bankrupt Registry Hotel in Irvine for $26 million and plans to renovate the closed, 293-room hotel and begin operating it in October as a Radisson Plaza franchise. GMY Investment Co., a Newport Beach limited partnership of five investors, said it bought the hotel June 29 from Homestead Savings & Loan in San Francisco, the principal creditor of the Registry, and immediately changed its name to the Radisson Plaza Hotel.
BUSINESS
February 14, 1989 | JOHN O'DELL, Times Staff Writer
When the Registry Hotel in Irvine closed and laid off 230 workers a week ago, it became one of the first apparent violators of a new federal law requiring companies to give advance notice of most plant closings and large layoffs. But several provisions of the law--called WARN, for Worker Adjustment and Retraining Notification--are so vague that it will take a court ruling to determine whether the hotel's owners really broke it.
CALIFORNIA | LOCAL
January 19, 1990 | JAMES QUINN, TIMES STAFF WRITER
About 60 union employees of the Registry Hotel in Universal City demonstrated Thursday to step up pressure on MCA, insisting that the entertainment firm can save their jobs by canceling a deal to sell the hotel. The 24-story luxury hotel--built and operated by other companies on land owned by MCA--is scheduled to close Jan. 30 when Tuntex, a Taiwanese firm, takes over, and to reopen under new management.
BUSINESS
December 8, 1987 | MICHAEL FLAGG, Times Staff Writer
The partnership that owns the Registry Hotel in Irvine is seeking additional investors to boost the 293-room hotel out of bankruptcy proceedings. The Registry partnership said it was the victim of too many hotels and too much competition in the John Wayne Airport area. The Registry was also hurt by a renovation program that closed parts of the hotel temporarily and forced it to turn away guests. The partnership filed for protection from creditors under federal bankruptcy laws Nov.
BUSINESS
October 16, 1987 | MARY ANN GALANTE, Times Staff Writer
A foreclosure suit has been filed against the Registry Hotel in Irvine, seeking immediate payment of a $21.3 million debt or sale of the property to recover the money, part of a 1983 loan by Homestead Savings & Loan Assn. The suit, filed by the S&L in Orange County Superior Court earlier this week, also asks for a court-appointed receiver to manage the hotel until a foreclosure sale can be held.
SPORTS
February 11, 1988
The Lakers' Magic Johnson will be honored by the Muscular Dystrophy Assn. at its Sports Star Dinner and Auction March 11 at the Registry Hotel.
BUSINESS
July 7, 1989 | LESLIE BERKMAN, Times Staff Writer
An Orange County investors group said Thursday it has bought the bankrupt Registry Hotel in Irvine for $26 million and plans to renovate the closed, 293-room hotel and begin operating it in October as a Radisson Plaza franchise. GMY Investment Co., a Newport Beach limited partnership of five investors, said it bought the hotel June 29 from Homestead Savings & Loan in San Francisco, the principal creditor of the Registry, and immediately changed its name to the Radisson Plaza Hotel.
BUSINESS
February 14, 1989 | JOHN O'DELL, Times Staff Writer
When the Registry Hotel in Irvine closed and laid off 230 workers a week ago, it became one of the first apparent violators of a new federal law requiring companies to give advance notice of most plant closings and large layoffs. But several provisions of the law--called WARN, for Worker Adjustment and Retraining Notification--are so vague that it will take a court ruling to determine whether the hotel's owners really broke it.
BUSINESS
February 9, 1989 | MARY ANN GALANTE, Times Staff Writer
Angry employees, confused diners and a handful of executives were the only people left at the Registry Hotel on Wednesday as the bankrupt inn wound down operations and finished closing its doors. Unable to find a buyer or make a required debt payment, the Registry's management relinquished control Tuesday to Homestead Savings & Loan Assn. in Burlingame, the Registry's principal creditor.
BUSINESS
December 8, 1987 | MICHAEL FLAGG, Times Staff Writer
The partnership that owns the Registry Hotel in Irvine is seeking additional investors to boost the 293-room hotel out of bankruptcy proceedings. The Registry partnership said it was the victim of too many hotels and too much competition in the John Wayne Airport area. The Registry was also hurt by a renovation program that closed parts of the hotel temporarily and forced it to turn away guests. The partnership filed for protection from creditors under federal bankruptcy laws Nov.
BUSINESS
October 16, 1987 | MARY ANN GALANTE, Times Staff Writer
A foreclosure suit has been filed against the Registry Hotel in Irvine, seeking immediate payment of a $21.3 million debt or sale of the property to recover the money, part of a 1983 loan by Homestead Savings & Loan Assn. The suit, filed by the S&L in Orange County Superior Court earlier this week, also asks for a court-appointed receiver to manage the hotel until a foreclosure sale can be held.
REAL ESTATE
December 11, 1988
New housing development in the Antelope and Santa Clarita valleys will be the topic of a breakfast seminar Wednesday, sponsored by Continental Land Title Co. at the Registry Hotel, Universal City, starting at 8 a.m. Mike Volz, corporate sales manager for Continental Title Co., will provide information on sales activity for new residential projects from Newhall to Palmdale.
CALIFORNIA | LOCAL
March 12, 1987
Hotel Seeks Payment: The Registry Hotel has filed a lawsuit seeking $97,000 because its telephone service was knocked out for two days last year. Defendants in the Superior Court suit are Pacific Bell, American Telephone & Telegraph and a contractor, L. E. Meyers, which was performing road work nearby. Meyers employees damaged lines to the Irvine hotel, and Bell and AT&T failed to keep a promise to provide continuous telephone service, the lawsuit states.
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