A federal bankruptcy judge has approved an agreement forged — if somewhat begrudgingly — between landlords Floyd and Betty Squires and the city of Eureka that will essentially remove the couple from their property rental business, at least for the time being. Long story short, an “examiner with special powers” will be appointed to oversee […]
Judge William Lafferty
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Squireses Put H Street Building Up for Sale
Interested in buying a fixer upper as an income property? This new listing for an apartment building in Eureka might just fit the bill: “Fourteen units that are mostly in poor condition currently, but owner will refurbish with new electrical, plumbing, and paint.” The asking price is $875,000. But there’s just one catch, well, actually, […]
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Bid to Alter Squireses’ Bankruptcy Case Cites ‘Gross Mismanagement’
A federal judge is set to consider a motion Wednesday to lift Floyd and Betty Squires’ Chapter 11 bankruptcy protection or convert the couple’s case to Chapter 7 based on claims of “gross mismanagement of the estate.” The request is being made by the Office of the U.S. Trustee, part of the Department of Justice, […]