Los Angeles Business Journal

Eight Over 80: Richard Riordan

Richard Riordan isn’t just still going strong at 82, he’s jumping headlong into brawls that others won’t go near.

Healthy Investment

Husband-and-wife team hopes to make splash with alkaline water.

Spouses Howard and Debbie Nodelman hope to make waves with their alkaline water product.

Tease photo

Well-Off Oil Family Deepens Fight Over Company

ENERGY: Brother slights siblings as he takes fight to sell shares to court.

Brother looking to split from family business further divides siblings over future of World Oil.

THQ Faces Opposition to Bankruptcy Sale

Agoura Hills video game publisher THQ Inc. is facing opposition to its accelerated bankruptcy sale from creditors and the U.S. Trustee, according to a news report.

L.A. Attorneys Appointed Superior Court Judges

Several Los Angeles area attorneys were among a group of new judges appointed to the Los Angeles Superior Court by Gov. Jerry Brown on Thursday.

Bank Sees Brokerage as Good Buy As Rivals Pare Back Trading Services

BANKING: B. Riley grows investment offerings with acquisition of Caris.

B. Riley invests more money in trading services with pickup of stock brokerage Caris.

Port’s Cruising In for Bruising

tourism: Disney Wonder latest ship to sail out of L.A.

L.A. port’s cruise business sinks further as Disney ship sets sail for Miami.

Boston Firm Turns to Hire Power to Grow in L.A.

EXPANSION: Gary Urwin latest recruit for Edwards Wildman’s local office.

The recent hiring of commercial litigator Gary Urwin as a partner in Edwards Wildman Palmer LLP’s Beverly Hills office is a signal of the Boston firm’s aggressive new growth plans for the L.A. area.

Redondo Beach Not Sold On Loss of Mall Tenant

REAL ESTATE: City files suit that could halt move of Nordstrom to Torrance.

Redondo Beach makes waves with lawsuit to block Nordstrom relocation to Del Amo mall.

Fax Firm Sends Internet Message

COMMUNICATIONS: Old technology gives new life to J2.

Fax firm J2 sends stock climbing with Internet moves and diversification steps.

Atlanta Firm Still Building Case in Downtown L.A.

EMPLOYMENT: Latest hire brings Alston’s local attorney tally to 85.

The addition of James R. Evans Jr. to the downtown L.A. office of Alston & Bird LLP marks another sign of the Atlanta firm’s aggressive growth plans here.

Document Firm In Paper Chase

LAW: LegalZoom lawyers up as rivals move into market.

Online document provider LegalZoom gets on its rival’s case.

Skechers Regains Footing After Trip Over Fitness Line

Skechers steps up its comeback as fallout ebbs from its controversial toning shoes.

Investors Don’t Like Sound of Audio Firm’s Loss

ELECTRONICS: Shares of DTS fall while company pursues growth strategy.

Stock value falls as audio technology company DTS sounds out expansion strategy.

Two More Firms Court Clients in South Korea

EXPANSION: O’Melveny and Paul Hastings latest to open outposts in Seoul.

Two more major L.A. firms launched offices this month in South Korea, which has opened its borders to U.S. firms after the recent passage of a free-trade agreement.

Friends Tell Him They’re Amazed He Was Hired

Firms: Real estate law veteran Volpert, 77, starts work with Glaser Weil.

At 77 years old, real estate attorney Dick Volpert is past the age when most law firms would be expected to jockey for his services.

Down to Earth

When George Pla joined the board of the California Science Center 15 years ago, he never envisioned that it would one day lead to him walking in front of the space shuttle Endeavour along Crenshaw Boulevard.

Casden Loses HQ Building

REAL ESTATE: Developer hit with three foreclosures.

Developer Alan Casden has lost three office buildings to foreclosure – including his headquarters.

Balance Shift In Debit Cards

American Express’ addition to the prepaid debit card business subtracts from Green Dot’s share value.

Legal Addition May Hint at Firm’s Public Plan

OpenX hires incubator veteran with IPO expertise.

Pasadena’s OpenX Technologies Inc. has added Douglas McPherson as its chief legal officer, another big step for a rapidly growing company that might be heading toward an initial public offering.

Eatery Hungers For New Funds

Hospitality: Slump has Giggles N’ Hugs frowning.

Lack of funding has starved growth plans for high-end kids eatery Giggles N’ Hugs.

Tease photo

Passed Due

City of L.A. sues to pin site cleanup on ex-owners

Former owners of steel distributorship hope to iron out clean-up responsibility with city of Los Angeles.

Trial Run

Plaintiff’s attorney Michael Alder’s combative style yielded

Plaintiff’s attorney Michael Alder’s combative style has earned him groupies and millions of dollars in verdicts.

Tease photo

3-D Image Firm Gets Flattened

BIOTECH: FDA snub pushes Imaging3 into bankruptcy.

Imaging3 files for bankruptcy as its 3-D imaging system has yet to take shape.

Burbank Imaging Firm Files for Chapter 11

Burbank medical device company Imaging3 Inc. has filed for Chapter 11 bankruptcy, the company announced.

Best-Seller Hit, Miss for Maker

VIDEO GAMES: ‘Darksiders’ casts pall over THQ’s future.

Analysts are talking apocalypse after THQ’s Four Horsemen title fails to score.

Food Trucks Serve Up Fight

REGULATION: Industry group driving against city laws

Food truck group rolls into court to challenge city restrictions on service.

Liking Sound Of New Digs

Business speaker series picks Gensler’s designer space to host talks.

Business speaker series has designs on Gensler’s stylish new downtown L.A. office.

Food Truck Vendors Fight Back on Restrictions

Two years ago, food trucks famously clashed with restaurants and local politicians over where they could park on the Miracle Mile. Today, that seems like a grammar school food fight.

Hollywood Figure, Arts Patron in Family Feud

Death of parents sets off fight over big oil company.

Steven Roth, once a high-profile Hollywood player, is fighting his brothers for control of the family oil business.

Tease photo

Homebuilder’s House Divided

REAL ESTATE: KB Home investors challenge exec pay.

REAL ESTATE: Investors in money-losing KB Home have put out the unwelcome mat for executives’ pay packages.

KB Home Investors Challenge Exec Pay

To get a sense of the struggles at KB Home, look no further than the second quarter loss it reported this summer. The company’s performance has spilled over into shareholder anger over executive pay, including a recently filed lawsuit.

So Much Walking at Car Museum

More than 30 years ago, Terry L. Karges was feeling burned out from a career working in theme parks such as Disneyland and Sea World.

Tease photo

Betting Big

Green card-for-startup program draws capital – and critics

INVESTMENT: Some foreign investors are giving small businesses a go to get green cards under the EB-5 program – which has drawn critics.

Silicon Valley Firm High on Westside Tech Industry

Cooley LLP opens six-attorney office in Santa Monica.

Silicon Valley law firm Cooley LLP’s opening of a Santa Monica office is the latest sign that the L.A. tech sector is gaining notice elsewhere in the country.

Double Play

Dodgers look to score multibillion TV-rights deal and sponsorships to pay for improvements to team, stadium.

Dodgers President Stan Kasten goes to bat for the new ownership’s business plans for the team.

Tease photo

Dole Might Opt To Slim Down

Industry giant ponders spinning off packaged products.

Dole could be looking to seal up a deal for its fast-growing prepackaged product business.

Santa Monica Firm Stays Put, But Slims Down

Bingham reduces office at Water Garden to 19,000 square feet.

Three months after Miami-based Greenberg Traurig LLP left Santa Monica’s Water Garden office complex for Century City, Boston’s Bingham McCutchen LLP has reduced its footprint in that same facility.

Tease photo

Channel Change Generates Static

TELEVISION: Investors rip focus of Korean media giant.

Doing Some Fancy Footwork

In January of last year, attorney Sanford H. Perliss felt a sudden urge to start telling his old stories again – much to the chagrin of his 15-year-old son.

Market for Small Business Sales Softens

The market for small business sales in the Los Angeles area softened in the second quarter in yet another indicator of a weakening economy, according to data from website BizBuySell.com.

Tease photo

Burger Chain Has A Big Beef With Rival’s Similar Fare

Umami chain turns up the legal heat on former employees’ rival Fusion burger joint.

Ex-U.S. Fraud Investigator Makes Real Big Shift

EMPLOYMENT: Jones Day nabs Beong-Soo Kim for issues and appeals.

As chief of the major frauds section in the U.S. Attorney’s Office in Los Angeles, Beong-Soo Kim oversaw the prosecutions of former KB Home executive Bruce Karatz, bankrupt baseball slugger Lenny Dykstra and the bankrupt real estate mogul Ezri Namvar.

Leasing Heating Up While Seaside Santa Monica Cools

Though demand has yet to fully recover from the downturn, the Westside office market posted its best average vacancy rates and asking rents in more than two years.

Tease photo

AIDS Charity Turns Ire on L.A.

Non-profit: County denies condom-fueled feud with AHF.

NON-PROFIT: AIDS Healthcare Foundation courts controversy by filing suits against L.A. County.

Ad Firm at Loss With Network

ValueClick shares fall as exchange system surges.

Investors have broken links with ad “network” ValueClick as “exchanges” have scooped up online business.

Tease photo

Open, Shut

Aggressive attorney Louis R. ‘Skip’ Miller says forget trying to make a case for his sensitive side.

Attorney Louis R. “Skip” Miller courts tough cases, whether defending the city of L.A. from Rodney King or wrangling with his former firm over compensation.

Tease photo

Managed Care Provider Pursues Medicaid Infusion

Managed care provider Molina could get shot in the arm from further Medicaid expansion.

Tease photo

Landlords Don’t Dig Subway Plan

Pair tap CEQA to bury Metro project.

Downtown L.A. property owners court controversy by filing CEQA suits to challenge Metro subway project.

Trio to Travel Century City-to-Downtown Route

Katten’s new partners to launch second L.A. outpost.

The Century City office of Chicago’s Katten Muchin Rosenman LLP just landed three new partners – but they won’t be there long.