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Transfer Of Ownership

January 3, 2001 | From Times Wire Services
A senior bank official told the impeachment trial of Philippine President Joseph Estrada on Tuesday that her boss ordered her to cover up Estrada's ownership of a multimillion-dollar account under a false name. The testimony by Clarissa Ocampo, senior vice president of Equitable PCI Bank, reopened the Senate's trial after a 10-day recess as prosecutors pressed their case that Estrada hid an undeclared fortune in a bank run by a friend.
January 14, 1992 | LESLIE EARNEST
As a result of an agreement between the city and a local developer, Laguna Niguel now owns a 120-acre park that includes more than 100 acres of open space for hikers, bicycle riders and equestrians. Combined with the adjacent Salt Creek Park, the city's takeover of Chapparosa Community Park provides a total of more than 400 acres of open space and parkland in the area, City Manager Tim Casey said. "We have taken ownership of the 120 acres forever," Casey said.
A home for developmentally disabled residents that was accused of providing inadequate care has been given six months to improve conditions, state officials said Friday. The state Department of Health Services had threatened to cut Medi-Cal funding to Casa Grande after inspections of the home in November and December that revealed several alleged deficiencies.
August 31, 1989 | BRUCE KEPPEL, Times Staff Writer
Attorneys for BAT Industries, the London-based parent of Farmers Group in Los Angeles, urged state insurance regulators to scrutinize each stage of what they portray as a triple change in Farmers' ownership if investor groups succeed in taking control of BAT. The $13.4-billion bid for BAT Industries, made by an investor group headed by Sir James Goldsmith, calls for the immediate sale of Farmers to a French company, Axa Midi Assurances of Paris.
November 24, 1985
San Diego County recorded 27,189 home resales in the first nine months of 1985, a 4.8% increase from the 25,940 recorded in the same period last year, according to an analysis of deed recordings by Safeco Title Insurance Co. A 19.7% increase of resales during the third quarter--10,464 compared with 8,740 in the same period in 1984--offsets a 2.7% decrease in resales in the first half of 1985, according to Safeco.
February 4, 1996
In his Jan. 14 letter, Mayor Bruce A. Broadwater of Garden Grove made numerous statements regarding the County Sanitation Districts, its philosophy of operations and its desire to acquire the county's solid-waste disposal system. Unfortunately, much of what Broadwater wrote was factually incorrect. The County Sanitation Districts currently operates two waste-water treatment facilities, one in Fountain Valley, the other in Huntington Beach. Its interest in operating the solid-waste disposal system dates back to last summer when the county first proposed divesting the landfill system as part of bankruptcy recovery efforts.
October 18, 1988 | From Staff and Wire Reports
ARC America Corp., a Newport Beach manufacturer of concrete pipe, is seeking help from the federal government to fight off a hostile attempt by a South African conglomerate to take over ARC's parent company, Consolidated Gold Fields PLC in London. Executives at ARC fear that the firm could lose much of its local, state and federal business if its British parent succumbs to the $4.
July 5, 1987 | ALAN C. MILLER, Times Staff Writer
"California driver's license test exams with answers," Richard A. Slobin's flyers proclaimed. "All five exams for $10." State law prohibits the sale of answers to driver's license exams. But that particular law is not what led to Slobin's arrest last week. Rather, state investigators say, the Tarzana businessman has been charged with fraudulent advertising. The exams he is selling are no longer the tests the state Department of Motor Vehicles is giving.
May 19, 2004 | Kimi Yoshino, Times Staff Writer
Daystar Television Network has petitioned the Federal Communications Commission to block the sale of KOCE-TV to a foundation run by civic and business leaders -- an action that could stall the station's transfer of ownership by six months.
September 3, 1987 | JEFFREY S. KLEIN
Banks can be so annoying at times. All that paper work. And they can be so picky, one reader complains. Why is it that the bank demands that her husband sign all the documentation for the sale of a small piece of property she owns, even though he is not even listed on the deed, the legal ownership document? The bank is not being sexist. It should and probably would make the same demand if the property was in the husband's name alone.
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