Sometimes, filing for bankruptcy is the best choice for businesses and individuals who have fallen into significant debt. While it may seem like the worst case scenario when you're confronted with it, you can rest assured knowing that with the help of a bankruptcy attorney in Ventura or any other part of California, you'll be able to get back on your feet as quickly as possible and regain the financial control that you once had.
Multiple news sources are reporting that Hawkeye Entertainment, the holding company for the hip Los Angeles night club Exchange LA, has filed for Chapter 11 bankruptcy. According to L.A. Downtown News, the company has been embroiled in a legal battle with the property's landlord regarding the funding of important repairs that were needed in order to comply with city codes. The landlord allegedly owes Hawkeye Entertainment $1.64 million.
"As a result of the disputes and additional work required, the city of Los Angeles won't issue a final certificate of occupancy for the property," states The Wall Street Journal, which Hawkeye Entertainment indicates could have "devastating consequences" for the future of the business.
If you're a California resident thinking of filing for bankruptcy, an attorney referral service such as Attorney Search Network can match you with a lawyer who has experience with cases like yours and can work with you to determine the ideal way to proceed with this financial decision. Rebounding from bankruptcy can be difficult, but there are professionals available to help you move on with your life as quickly as possible.