News

Republic First Bancorp, the holding company of Republic First Bank, which does business as Republic Bank, will exit its legacy mortgage origination business while simultaneously reducing the size of its New York lending and credit teams.

Quality Heating & Air Conditioning, a manufacturer and installer of commercial sheet metal ductwork, retained SC&H Capital to run the bankruptcy court-approved sale process for the company through the U.S. Bankruptcy Court for the District of Delaware.

The Federal Reserve announced that it will raise the target range for the federal funds rate to between 5% and 5.25% on Wednesday, marking a quarter point increase and its third such move of 2023 and 10th since it began...

On May 16, Tiger Group will host an online auction featuring 2,120 kraft linerboard paper rolls formerly owned by a global broker and distributor of pulp and paper products.

Hilco Real Estate announced June 15 as the qualified bid deadline for the bankruptcy sale of an unfinished waterfront condominium development located minutes from downtown New Braunfels, TX.

Small business bankruptcy filings, captured as Subchapter V elections within Chapter 11, increased 81% year over year in April, according to Epiq Bankruptcy. All Chapter 11 filings increased 32% year over year in April.

Ten Sprouts Farmers Market locations in five states are available for sublease by grocers and other large-format retailers. A&G Real Estate Partners is marketing the locations on behalf of Phoenix-based Sprouts.

MUFG Bank established the Marunouchi Climate Tech Growth Fund with Mitsubishi Corporation and Pavilion Private Equity. The fund has Marunouchi Innovation Partners as its general partner, and will invest mainly in climate-tech-related startups.

Moritt Hock & Hamroff opened a new office in the Fort Lauderdale, FL, metro area to serve the southeast Florida market. Gregory J. Ritter, the founder of Florida-based law firm Ritter & Chusid will join Moritt Hock & Hamroff as...

The Federal Deposit Insurance Corporation released an internal review evaluating its supervision of Signature Bank. According to the review, “the root cause of failure was poor management.”