2008-11-20 — bakersfield.com
The chief financial officer of troubled Irvine developer SunCal Cos., Ed Nolan, has resigned to “pursue other interests,†he announced in a news release Thursday morning. SunCal currently has 20 California projects in bankruptcy, including McAllister Ranch in southwest Bakersfield, that were ventures with now-bankrupt investment bank Lehman Brothers. SunCal also put three other entities into voluntary bankruptcy Wednesday.
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