Interesting article on CA receiverships

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@Joel Owens I've seen this first hand. Not only was the owners equity wiped out, but because their very large mfg business had special very specific grandfathered AQMD permits which where nearly impossible to relocate anywhere in California (heavy derogatory element output) their business also faltered when they could not afford to move the operation out of state.

The job loss was in the 200+ hundred range.