Frontiers LA Files for Chapter 11
From the new kid on the West Hollywood media block comes news of trouble at one of the oldest. According to WEHOville.com, bi-weekly mag publisher Frontiers LA filed for Chapter 11 bankruptcy protection on March 6 and received approval for a 90-day transitional operating budget March 11. Still under discussion is how the company will be restructured and which creditors are to be paid first.
There are a couple of juicy personnel details. On the day before the bankruptcy filing, Frontiers co-editor Aaron Drake suddenly quit.
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