Lake Sherwood

Lake Sherwood, CA · Business
hoodline.com
Oxnard Chick-fil-A on N. Rose Ave. to Close, Cutting 87 Jobs by Dec. 31
The Chick-fil-A at 2040 N. Rose Ave. in Oxnard is closing for good on Dec. 31, with a state filing listing 87 employees as affected by the shutdown. Worthy Integrated Holdings LLC, which operates the restaurant, filed the notice on Monday, giving workers and the city an unusually specific timeline for the closure.
Malibu Times
Financial instability exposed in Malibu mansion development
National newspaper details unraveling of project next to city’s skatepark. The development of one of the ritziest housing enclaves in the U.S., located right here in Malibu, appears to be in financial trouble according to the Wall Street Journal. The national publication specializing in financial issues and the economy published a scathing expose Oct. 30 on Scott Gillen, the developer of five multimillion-dollar homes called “The Case” located on Malibu Road, abutting the city’s new skatepark. The newspaper claims the $500 million project is on the verge of collapse amid bankruptcy filings, mounting debt, and a legal dispute with financial partners. The WSJ report questions Gillen’s management of the project, pricing strategy, and discloses a previously unknown criminal history.