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Forum (Forum & Focus)

Nov. 6, 2008

In an Economic Downturn, It Pays to Be in the Golden State

The Southern California economy is not bulletproof, but certain trends have offset the dramatic downturn in real estate and construction we have suffered, writes Chris Hawkins. - Forum Column

FORUM COLUMN

By Chris Hawkins

As a corporate bankruptcy attorney in Southern California, my colleagues and I should be ridiculously busy now, right? But we're not. We're busier than we've been in the recent past, but nothing like what the headlines would suggest.

Business bankruptcy filings are up significantly. The Central District (encompassing Los Angeles) saw 2,030 business bankruptcy filings in the first quarter of this year - more t...

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