Smith is prepared to file a reorganization plan.
- Share via
However, the Newport Beach oil-field equipment company, which has been operating under Chapter 11 bankruptcy protection for the past 15 months, intends to request a short extension. Smith International’s creditors said in court papers that they will oppose any further delay and file their own plan. Meanwhile, Smith’s stock hit a 52-week high, closing Monday at $10.75 a share, up 87.5 cents.
More From the Los Angeles Times
Podcasts
The latest effort is coming from the L.A. County Board of Supervisors. They just announced a $3 million program in conjunction with some nonprofits groups to test and clean the soil at homes still standing in the areas impacted by the Eaton Fire.
The Hillside Strangler murders terrorized Los Angeles in the late 1970s. The killers were a pair of sadistic cousins. One confessed. The other was set to stand trial—until L.A. prosecutors flinched.
Hosts Fidel Martínez and Suzy Exposito sit down with Dr. Vanessa J. Díaz, professor of Chicano and Latino Studies at Loyola Marymount University and co-author of P FKN R: How Bad Bunny Became the Global Voice of Puerto Rican Resistance.
