A quick search finds no evidence to support this statement I found at www.airlinequality.com under the Airport Review section. Was wondering if anyone else had heard of anything to support this.
LAX Int'l Airport by C Reader
21 July 2005
It is the City of Los Angeles' intention to take away all lounges in the next 9 months from individual airlines at the international terminal, and establish common "Alliance" and "Non-Alliance" lounges for both first and business classes. Move in date for the new lounges is currently scheduled for 03/07/06. As a result, none of the airlines in LAX are investing in upgrades to their current lounges, nor would it be particularly wise to do so under the circumstances.