LABJ WEEKLY EDITION

2019 BUSINESS HALL OF FAME

In this special issue, the Business Journal also acknowledges several Business Leaders of the Year in recognition of their career accomplishments: J.H. Snyder Co.'s Jerry Snyder; MUFG Union Bank’s Bita Ardalan, Sullivan & Cromwell’s Alison Ressler, and City of Hope’s Robert Stone.

INNOVATIVE ADVISERS

LAW FIRMS SPECIAL REPORT

The Los Angeles legal community is a prestigious one, long home to some of the world’s most accomplished law firms and lawyers. That history doesn’t translate into complacency, however. The region’s attorneys are an enterprising group, constantly looking for an entrepreneurial angle to expand their practices.

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SquadUp Shoots for High End

EVENTS: Ticketing firm touts nimbler tech, lower fee

New York City’s Tribeca Film Festival switched its ticket vendor last summer from Eventbrite Inc. to SquadUp Inc., a relatively new entrant to the ticket vending market.

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Air Lease Corp. Planes Grounded

AVIATION: Boeing plane crashes hit leasing co.’s fleet

Last week’s grounding of Boeing Co.’s 737 MAX 8 commercial jetliner has hit Century City aircraft leasing company Air Lease Corp.

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Paragon Sticks With Retail

REAL ESTATE: Developer nabs malls, big-box stores

Retail isn’t dying, it’s evolving. At least that’s how Paragon Commercial Group sees it.

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FOOD FOCUS

Everytable aims to serve low-income areas, make money doing it

Sam Polk made millions of dollars as a Wall Street trader; now he wants to fix the fast-food business

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Lawyers Find Limelight, Shine Without It

The legal industry in Los Angeles has seen its share of the limelight in the past year, with local attorneys representing figures who have drawn outsized attention in media, academic and political scandals.

Speakeasy Spaces

Workplace amenities shift away from foosball tables, toward cocktail lounges

Los Angeles has long been infatuated with the retro cool and exclusivity of hidden bars and speakeasies

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Crescent Launches $250M Blank Check Co.

Shares sold at $10 for new venture; will rely on firm’s dealmaking chops

West Los Angeles-based Crescent Acquisition Corp., a blank check company formed by alternative asset manager Crescent Capital Group with more than $24 billion in assets under management, raised $250 million by offering 25 million units at a price of $10 each.

ScaleLA Adds to Bioscience Incubator Scene

15,000-square-foot location offers no labs or equipment; 30 firms signed up so far

A new work space operated by ScaleLA Inc. — known as the 10th Floor — opened earlier this year as a 15,000-square-foot incubator for digital health and medical device startups.

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Fast-Casual Chain Expands, Reaches Out

Hilltop Coffee and Kitchen adds locations in under- served LA neighborhoods

Hilltop Coffee and Kitchen is adding two locations in Inglewood and Eagle Rock

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Robhana Refinances Downtown Portfolio

$38 million loan package covers medical and office buildings, parking structure

Adowntown portfolio comprised of three properties received a $38 million refinance loan, the latest projects in the county to refinance in recent months.

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Opportunities Don’t Lead to Deals

Investors tentative about distressed-zone tax incentive

A federal tax incentive aimed at boosting development in economically distressed communities is driving up phone call volume for many tax lawyers in Southern California.

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Law Firms Find Fit with Venture Capital Funds

VC spinoffs seen as marketing, business development tool

Several law firms in Los Angeles have created venture capital outfits that invest in early stage startups and offer legal advice in exchange for equity stakes in the companies.

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STYLE | LOADING OUT

Mhair Zeitounian I Reload Management

Mhair Zeitounian, president and talent manager at Reload Management, lives in Glendale, and technically that’s where his talent agency is based.

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Los Angeles Can Lead Nation in Health Care AI

Like the nascent film industry in the 1920s and aerospace in the post-war era, Los Angeles could play a major role as a hub for health care artificial intelligence innovation.

PUSHING FOR PERFECTION

BUSINESS LEADERS OF THE YEAR

Union Bank’s Bita Ardalan leads by example

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HEART OF STONE

BUSINESS LEADERS OF THE YEAR

City of Hope Chief Executive Robert Stone’s patient-first mindset leads to growth

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BOARDROOM BROKER

BUSINESS LEADERS OF THE YEAR

Alison Ressler’s penchant for complex M&A work propelled her to top of legal profession

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Leaf Reports Growth Buds

MEDIA: Internet publisher sees positive earnings trend

After years of declining revenue and being derided as a “content farm,” Leaf Group Ltd. returned to budding financial gains in 2018.

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DTLA at Intersection of Local and Global

Cities, like all successful ecosystems, thrive on diversity.

Biometrics Finds Footing

TECHNOLOGY: LAX pilot program seen as tipping point

The Los Angeles region has become a testing ground for consumer technologies that employ facial recognition of biometric scans.

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Possibilities and Pitfalls of Social Media

Social media platforms have been hailed for their potential to democratize information.

Opiant Finds OD Antidotes

HEALTH CARE: SaMo firm fighting opioid epidemic

Roger Crystal saw a lot of emergency room patients die from heroin overdoses during his time working in a London hospital earlier in his career.

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STYLE | Living the Dream

Larry Miller I Sit ‘n Sleep Inc.

Sleepy style

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Metro Grants Keep Doors Open

TRANSPORTATION: Local firms receive $18M so far

Four years ago, Cary Jordan moved his family restaurant Jordan’s Hot Dogs from Watts to Crenshaw Boulevard in Hyde Park

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