News

According to data provided by Epiq Bankruptcy, new bankruptcy filings in March 2023 registered year-over-year increases across all U.S. major filing categories for the third month in a row.

Truist completed its previously announced sale of a 20% stake in Truist Insurance Holdings, a subsidiary of Truist, to funds managed by Stone Point Capital, a private equity firm focused on the global financial services industry, for $1.95 billion, representing...

Republic Business Credit provided a $5 million factoring facility to for a Midwest supplier of pipes, valves and oil transmission products and services.

Monitor has extended the deadline for early bird registration for Converge, the equipment finance industry leading publication’s two-day 50th anniversary event, to 11:59 p.m. EST on April 3.

Kroll, an independent provider of global risk and financial advisory solutions, opened a new office in Johannesburg, delivering its international restructuring expertise to South Africa. The Johannesburg office will be led by Stefan Smyth, managing director of restructuring at Kroll.

Boxed initiated voluntary proceedings under Chapter 11 of the U.S. Bankruptcy Code to execute a sale of its Spresso software business to its first lien secured lenders while continuing to streamline operations.

AEC Capital Partners, a provider of equity, debt and hybrid capital to small- and mid-sized private and publicly traded businesses, entered a national strategic partnership with a family office located in the Northeastern United States.

The Consumer Financial Protection Bureau finalized the rule to implement changes made by Section 1071 of the Dodd-Frank Act that requires lenders to collect and report information about small business credit applications.

Concurrent with a new at-the-market offering program, Bed Bath & Beyond entered into a common stock purchase agreement and a registration rights agreement (collectively, the committed equity facility) with B. Riley Principal Capital. 

Tiger Group will hold an online auction on April 11 that will provide the opportunity to acquire pro-grade audiovisual gear from a major North American production rental company and Keslow Camera, including equipment from Arri, Canon, Fujinon, Panasonic, RED, Sony...