News

Omnicare, a subsidiary of CVS Health, has initiated a voluntary court-supervised Chapter 11 process to resolve issues related to its recent litigation in the U.S. District Court for the Southern District of New York. The company also intends to use this...

Moritt Hock & Hamroff, a New York-headquartered commercial law firm, welcomed Julia A. DeFazio (Garden City, NY office), Douglas Notaris (Garden City, NY office), Cole Perez-Blanco (Fort Lauderdale, FL office) and Katherine Rodriguez (Fort Lauderdale, FL office) as members of...

Thunderbird Entertainment Group, through its subsidiaries Thunderbird Entertainment and Atomic Cartoons, has amended and restated its existing credit facilities agreement dated June 14, 2024, with Royal Bank of Canada (RBC). The amended agreement provides the company with access to up...

Whitestone REIT, through its operating partnership, Whitestone REIT Operating Partnership, has amended, expanded and extended its $750 million credit facility, comprised of a $375 million revolver and $375 million term loan. The revolver is scheduled to mature in September 2029...

Hugh Swandel, president of Meridian OneCap Credit, has been named the new chair of the Canadian Finance & Leasing Association (CFLA-ACFL). The announcement was made on Thursday, Sept. 18 at CFLA’s 2025 annual conference, held in Winnipeg, Manitoba. The role is a...

Assembled Brands, a  financing partner for high-growth consumer brands, is celebrating a landmark summer by announcing the successful closing of seven new credit facilities. These strategic partnerships underscore the firm's founder-first approach, providing entrepreneurs with the flexible, non-dilutive financing they...

Sallyport Commercial Finance closed a $2 million accounts receivable financing facility for a provider of turnkey furniture and fixtures for the education sector. Referred to Sallyport via its parent company, the client was seeking a solution to bridge seasonal cash...

The Asset Based Lending Institute (ABLI)’s professional training programs have experienced steady year-over-year growth in enrollments. “ABLI was founded with a mission to equip lending professionals with practical, high-quality training that supports stronger credit decisions and more effective risk management,”...

Luke Barrett joined Choate as a principal in the firm’s finance and restructuring group. Barrett will advise clients on a wide range of restructuring, bankruptcy and insolvency matters, including large Chapter 11 cases and complex out-of-court restructurings. Barrett has extensive...

Vivek Chandrasekhar, a former lawyer with the U.S. Department of the Treasury’s Office of Tax Policy, joined Perkins Coie’s tax and environment, energy and resources practices as a partner in Washington, D.C. Chandrasekhar, who helped develop guidance for energy projects...