News

LSQ entered a strategic supply chain finance partnership with Ecobat, a sustainable energy solutions company. By leveraging LSQ’s expertise in working capital solutions, Ecobat has unlocked new opportunities for optimizing cash flow and enhancing vendor engagement.

Cano Health, a value-based primary care provider and population health company, entered a global agreement with the unsecured creditors committee representing the interests of the company’s general unsecured creditors, with the support of the ad hoc lender group.

eCapital, a tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has successfully funded a $3.5 million factoring facility for an esteemed book publishing company.

The Hedaya Capital Group provided a $1 million factoring facility to a footwear company. The company required an additional capital investment to continue to grow, and their accountant referred them to The Hedaya Capital Group.

Funds managed by Oaktree Capital Management have assumed ownership of Inter Milan. This follows the non-repayment of Oaktree’s three-year loan to Inter Milan’s holding companies that matured on May 21, 2024 with a total balance due of approximately €395 ($428.2)...

Alvarez & Marsal formed its Alvarez & Marsal Legal Services (AMLS) business, which will provide management and consulting services to law firms worldwide. The AMLS leadership team is comprised of senior leaders from major U.S. and UK law firms.

Red Lobster Management, along with its direct and indirect operating subsidiaries, owner and operator of the Red Lobster restaurant chain, has voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the...

CURO’s joint prepackaged plan of reorganization was confirmed by the U.S. Bankruptcy Court for the Southern District of Texas, Houston Division. The company also obtained recognition of the plan from the Ontario Superior Court of Justice (Commercial List).

Monitor hosted its second annual event, Converge, on May 15 – 16 in Philadelphia. The conference ended with an awards gala at the National Constitution, where Monitor awarded over a dozen designations.

Law Offices of Howard G. Smith launched an investigation on behalf of Shimmick investors concerning the company’s possible violations of federal securities laws. On this news, Shimmick’s stock price fell $1.24, or 34.1%, to close at $2.40 per share on...