News

Charles S. Marion joined Blank Rome as a partner in the Commercial Litigation group in Philadelphia.

CWB Franchise Finance provided a term loan and development line facility to Lone Star Group, a Canadian restaurant brand with locations across Ontario.

Business Capital provided $4 million in financing to support Asteria Education’s acquisition of test-prep publisher ECS Learning Systems.

Amerisource Business Capital closed and funded a $450,000 credit facility for a board game manufacturer and distributor based in New York.

Toys “R” Us will be closing 180 stores. According to documents filed with the U.S. Bankruptcy Court of the Eastern District of Virginia, Tiger Capital Group, Great American Group, Gordon Brothers Retail Partners and Hilco Merchant Resources will be conducting...

Philadelphia Energy Solutions, the 10th largest refiner in the U.S., filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court in the State of Delaware.

Carl Marks Advisors Managing Director Steven F. Agran was appointed 2018 NJTMA chapter president. Agran will also serve as a member of the chapter president’s council (CPC), the principal liaison between the chapters and TMA Global.

The Wall Street Journal reported Jerome Powell was named the 16th chairman of the Federal Reserve as he was confirmed by the Senate.

DS-Concept provided a $30 million credit facility to a trading company specializing in chemicals used in coatings, adhesives, X-ray films and refinery.

Access Capital provided a $3 million facility for Advance Convergence Group, a New York-based security and technology company.