News

CorEnergy Infrastructure Trust’s Chapter 11 plan of reorganization was confirmed by the U.S. Bankruptcy Court for the Western District of Missouri on May 24, 2024. The company’s emergence from bankruptcy is expected to occur on June 12, 2024.

Dynata, a first party data platform company, has successfully concluded its first day prepackaged Chapter 11 hearing and received $31.5 million in new financing, with access to another $50 million in new financing set for early July 2024 following emergence...

Takeoff Technologies filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Through the Chapter 11 process, Takeoff intends to solicit interest in sales of some...

Owners Bank, a division of Liberty Bank, entered a strategic partnership with Bridge Marketplace. This partnership aims to provide small businesses with seamless access to business working capital through a digital platform facilitating streamlined requests for capital.

A&G Real Estate Partners plans to market 27 store leases in 12 states on behalf of Sam Ash, the century-old American music retailer, pending court approval. A&G is offering the store leases in connection with Sam Ash’s financial restructuring.

Gordon Brothers, the global asset experts, opened an office in Dubai to strengthen its presence in the Middle East. Phillip Weston, director, commercial and industrial at Gordon Brothers, leads the Dubai office.

GOL Linhas Aéreas Inteligentes, a domestic airline in Brazil, released details about the next important milestone in its financial restructuring process initiated in the United States Bankruptcy Court, disclosing its new 5-year financial plan.

Capital Group and KKR entered a strategic partnership, intending to make hybrid public-private markets investment solutions available to investors across multiple asset classes, geographies and channels.

MidOcean Partners has made a preferred equity investment in GridHawk. MidOcean’s non-control growth capital investment will provide GridHawk with the resources to further expand its service offering and geographic footprint. Terms of the transaction were not disclosed.

Haynes and Boone’s recent borrowing base and price deck surveys revealed lenders are increasingly bullish on oil prices and market players expect asset divestments driven by a recent wave of energy M&A activity to likely increase in 2025.