Hundreds of unsecured creditors — many of them small businesses — would receive only pennies on the dollar for their claims if a liquidation plan for Searles Valley Minerals and associated companies is approved. The plan was filed in a Delaware bankruptcy... See more
The sale of assets of Searles Valley Minerals and affiliated companies in Trona closed as expected on Thursday. Bankruptcy proceedings continue and earlier this week the plight of hundreds of unsecured creditors — including some Bakersfield and Kern Count... See more
Tehachapi-Cummings County Water District took action Thursday to approve revised rules and regulations for its sale, use and distribution of water. “I’m confident this is a good step forward for the district,” President Robert Schultz said during a specia... See more
