A bankruptcy attorney in Santa Clarita is weighing in on how the coronavirus pandemic seems to be affecting those who are renting commercial property. Louis Esbin of The Law Offices of Louis J. Esbin noted that he’s seen many business owners who were renting office space prior to the pandemic re-evaluate their situation now that their employees are utilizing technology ...

California Resources Corporation (CRC), a Santa Clarita-based oil and natural gas exploration and production company, announced Wednesday that the company has filed for Chapter 11 bankruptcy. CRC, the largest oil and gas producer in California, is now struggling from lowered crude oil prices due to reduced demand amid the COVID-19 pandemic. “We have consistently operated within cash flow, significantly reducing ...

The parent company of Chuck E. Cheese, CEC Entertainment Inc., has filed for Chapter 11 bankruptcy Wednesday but are continuing to re-open locations in accordance with the Center for Disease Control.   CEC Entertainment announced Wednesday that they have filed for voluntary Chapter  11 bankruptcy in order to overcome the financial strain resulting from prolonged, COVID-19 related venue closures, according to ...

Lou Esbin, a Santa Clarita bankruptcy attorney and the city’s only certified bankruptcy law specialist, encourages businesses and individuals considering bankruptcy to “begin thinking through and getting information” on the process well before the need to file arises. In a recent episode of the “Common Ground” radio show, Lou Esbin, a Santa Clarita bankruptcy attorney, said that businesses and individuals ...

National gym chain 24 Hour Fitness announced Monday that the company had filed for bankruptcy and the closure of 100 locations nationwide, however, the Santa Clarita location remains on track to reopen in one week. The announcement came as the ongoing COVID-19 pandemic has forced the company to keep its locations shut down for months. “If it were not for ...

You have been putting off filing for bankruptcy hoping that things will tough out or to get a miracle, but still, it’s not working in your favor. At some time, you know time will surely run out and you get served with a lawsuit. While procrastination is not recommended, you can use bankruptcy to save your bacon at any stage ...

Now that the California governor is allowing some businesses to reopen, a bankruptcy attorney in Santa Clarita — the city’s only certified bankruptcy law specialist — describes ways in which insurance companies and the state and federal government could provide support to small and local businesses. As the state of California heads into the first phase of reopening the economy, ...

Among other issues facing people, a bankruptcy attorney in Santa Clarita — the city’s only certified bankruptcy law specialist — is addressing the seemingly unnecessary requirements many landlords are placing on their renters in order for them to receive financial aid during the coronavirus pandemic. Louis Esbin of the Law Offices of Louis J. Esbin noted that he frequently hears ...

Hosts: Brien Johnson and Alex Grossman Topic: Businesses And Bankruptcy Ask Brien Radio Show airs weekly on Thursday from 1 PM – 2 PM on KHTS AM 1220. On this episode of the Ask Brien Show, our hosts Brien Johnson and Alex Grossman talk about how businesses are being affected financially in the country. The show starts off with Brien and ...

A Santa Clarita bankruptcy attorney is offering to meet with existing and new clients virtually in an effort to maintain social distancing due to the coronavirus, COVID-19. Louis Esbin of The Law Offices of Louis J. Esbin has already begun virtual meetings with clients using platforms like Zoom and Slack, as the financial repercussions of the coronavirus outbreak continue to ...