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Severyn Ashkenazy

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NEWS
June 18, 1989 | RON RUSSELL, Times Staff Writer
A year after shelling out more than $1 million to get neighbors to drop their opposition to his swank Westside hotel, developer Sheldon Gordon is back on the firing line. Only this time, his foe is rival hotelier Severyn Ashkenazy, and the solution may involve more than money alone. In the latest chapter of what some say is a feud that is several years old, lawyers for Ashkenazy, whose hotel group includes L'Ermitage in Beverly Hills, have challenged the right of the Ma Maison Sofitel, Gordon's 6-month-old hotel, to continue serving liquor unless it provides more parking for its patrons.
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NEWS
January 6, 1991 | JOHN L. MITCHELL, TIMES STAFF WRITER
Hotelier Severyn Ashkenazy has fallen behind more than $700,000 in hotel occupancy tax and other payments to West Hollywood, causing officials to worry that the city's largest private revenue producer may be on the verge of declaring bankruptcy. City Atty. Michael Jenkins said the $700,000 in tax, penalties and interest payments must be paid or the city will file criminal and civil charges against Ashkenazy, who operates seven hotels in the city.
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BUSINESS
February 21, 1986 | TOM FURLONG, Times Staff Writer
Ashkenazy Enterprises, which runs some of the toniest hotels in the Los Angeles area, filed for bankruptcy protection Thursday to head off a foreclosure by Southern California Savings & Loan on one of its hotels in West Hollywood. The hotel and real estate company said it filed a petition in Los Angeles under Chapter 11 of the U.S. Bankruptcy Code that will allow it to continue normal operations while it draws up a reorganization plan to pay off creditors.
CALIFORNIA | LOCAL
March 11, 1990 | DAVID FREED and LOUIS SAHAGUN, TIMES STAFF WRITERS
The Los Angeles Police Department is examining allegations that its drug czar, Deputy Chief Glenn A. Levant, dispatched a team of elite narcotics detectives outside city limits to investigate burglaries at a chic hotel whose owner has business ties to two relatives of Levant, The Times has learned. Detectives spent two days last November staking out Le Mondrian hotel in West Hollywood after a representative of the hotel's owner called Levant, sources said.
CALIFORNIA | LOCAL
March 11, 1990 | DAVID FREED and LOUIS SAHAGUN, TIMES STAFF WRITERS
The Los Angeles Police Department is examining allegations that its drug czar, Deputy Chief Glenn A. Levant, dispatched a team of elite narcotics detectives outside city limits to investigate burglaries at a chic hotel whose owner has business ties to two relatives of Levant, The Times has learned. Detectives spent two days last November staking out Le Mondrian hotel in West Hollywood after a representative of the hotel's owner called Levant, sources said.
NEWS
January 6, 1991 | JOHN L. MITCHELL, TIMES STAFF WRITER
Hotelier Severyn Ashkenazy has fallen behind more than $700,000 in hotel occupancy tax and other payments to West Hollywood, causing officials to worry that the city's largest private revenue producer may be on the verge of declaring bankruptcy. City Atty. Michael Jenkins said the $700,000 in tax, penalties and interest payments must be paid or the city will file criminal and civil charges against Ashkenazy, who operates seven hotels in the city.
BUSINESS
October 5, 1985
Hotelier Severyn Ashkenazy, head of Los Angeles-based Ashkenazy Enterprises, said his company has retained Merrill Lynch Capital Markets, the company's investment banking arm, to evaluate "several offers from reliable parties" that want to invest in his hotels. Ashkenazy recently revealed that his company needs an infusion of cash because its hotel properties are delinquent on loans of more than $100 million.
BUSINESS
October 18, 1985
The Los Angeles real estate executive and hotelier said he obtained the out-of-court agreement involving two lawsuits with Great Western Financial, the S&L holding company that bought Financial Federation Inc. in 1983. In the first suit, filed in 1982, Fin Fed charged Severyn Ashkenazy with buying its stock without making the proper disclosures.
CALIFORNIA | LOCAL
November 16, 1989
The West Hollywood City Council has voted to allow hotelier Severyn Ashkenazy to proceed with a plan to convert seven apartment buildings to hotels in exchange for $4.9 million paid to the city over the next 20 years. The council also relaxed several restrictions that had been imposed by the city Planning Commission in response to complaints about the project by irate neighbors.
BUSINESS
January 14, 1987 | TOM FURLONG, Times Staff Writer
Beverly Hills Savings & Loan obtained a preliminary court order Tuesday allowing it to seize a $14-million art collection owned by Severyn and Arnold Ashkenazy, brothers who own some of Southern California's poshest hotels, including L'Ermitage in Beverly Hills.
NEWS
June 18, 1989 | RON RUSSELL, Times Staff Writer
A year after shelling out more than $1 million to get neighbors to drop their opposition to his swank Westside hotel, developer Sheldon Gordon is back on the firing line. Only this time, his foe is rival hotelier Severyn Ashkenazy, and the solution may involve more than money alone. In the latest chapter of what some say is a feud that is several years old, lawyers for Ashkenazy, whose hotel group includes L'Ermitage in Beverly Hills, have challenged the right of the Ma Maison Sofitel, Gordon's 6-month-old hotel, to continue serving liquor unless it provides more parking for its patrons.
BUSINESS
February 21, 1986 | TOM FURLONG, Times Staff Writer
Ashkenazy Enterprises, which runs some of the toniest hotels in the Los Angeles area, filed for bankruptcy protection Thursday to head off a foreclosure by Southern California Savings & Loan on one of its hotels in West Hollywood. The hotel and real estate company said it filed a petition in Los Angeles under Chapter 11 of the U.S. Bankruptcy Code that will allow it to continue normal operations while it draws up a reorganization plan to pay off creditors.
BUSINESS
January 20, 1993 | DAVID W. MYERS, TIMES STAFF WRITER
The posh L'Ermitage Hotel in Beverly Hills, a favorite resting spot for celebrities and wealthy business people, has been sold to a New York-based investment partnership for an estimated $12 million. The investment group, La Hotel Properties Inc., purchased the property from Mission Viejo-based Independence One Bank of California. The deal closed at the end of December, bank President Edward H. Sondker said.
CALIFORNIA | LOCAL
December 23, 1988
The West Hollywood City Council has approved an agreement that will allow hotelier Severyn Ashkenazy to convert four apartment complexes into hotels over the objections of residents. The plan, approved by a 3-2 vote, provides permanent protection against eviction to about three dozen remaining tenants of the complexes and imposes restrictions aimed at reducing noise and congestion around the hotels. Ashkenazy, who also operates the Bel Age and Mondrian hotels, also agreed to pay the city $4.
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