News

B. Riley was named a winner in the Chapter 11 Reorganization of Year (under $100 million) category in connection with the Chapter 11 restructuring of King Mountain Tobacco Company at the 18th Annual Turnaround Awards hosted by The M&A Advisor.

According to a report from KBRA DLD, a division of KBRA Analytics, the overall default rate for direct lending for the trailing 12 months through March 20 was 2%, with the sponsored rate at 1.5% and the non-sponsored rate at...

Teresa C. Kohl, managing director at SSG Capital Advisors, was presented with The M&A Advisor’s Leadership Award during the 18th Annual Turnaround Awards Gala in West Palm Beach, Fl, on March 19.

Thomas McDermott, CISA, CRISC, CGEIT, principal of CohnReznick Advisory, was named one of The Consulting Report’s Top 25 Technology Consultants and Leaders of 2024.

Mitsubishi HC Capital America embedded MuleSoft Robotic Process Automation to serve as an incremental catalyst to surfacing sales opportunities through its customized predictive artificial intelligence purchase model.

Yieldstreet, a private market investing platform, and Wilshire Advisors, a global advisor with more than $1 trillion in assets under advisement, entered into a partnership aimed at revolutionizing investor access to institutional-quality alternative investments.

Morningstar DBRS confirmed specialty finance company Hercules Capital’s investment grade credit and corporate rating of BBB with a trend revision from stable to positive, as well as its underlying analysis.

Petersen Health Care, an operator of nursing homes and assisted living and long-term care facilities, filed for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware and secured a commitment...

There is still time left to register for the 15th Annual Philadelphia Credit & Restructuring Summit, which will take place tomorrow at the Union League in Philadelphia and feature several in-depth education sessions and networking opportunities.

The American Bankruptcy Institute’s Subchapter V task force transmitted a letter to key members of Congress providing further supplemental input regarding its preliminary report supporting the maintenance of the $7.5 million debt cap for Subchapter V eligibility.