News

Hertz Global Holdings completed its Chapter 11 restructuring process and emerged from bankruptcy. Hertz received bankruptcy court approval of its plan of reorganization on June 10.

Law.com’s Daily Report named B. Riley Advisory Services to its Best of 2021 ranking. B. Riley earned first place in multiple categories, including top forensic accounting firm, top litigation valuation firm and best overall expert witness services.

For the second straight year, A&G Real Estate Partners, an advisory firm specializing in lease restructuring, real estate sales and auctions, won the real estate restructuring firm of the year award at the 13th Annual Turnaround Atlas Awards, a virtual...

The asset-based lending industry did not experience the dramatic first quarter bump evident in the broader U.S. economy, but it still grew and so did lenders’ confidence in the market, according to data released by the Secured Finance Network.

UMB Capital completed the majority sale of portfolio company KCAS Bioanalytical and Biomarker Services. UMB Capital also made an investment in KCAS in partnership with Konza Valley Capital that assisted KCAS in increasing cash flow and accomplishing growth plans.

Continuing its partnership with Keslow Camera, Tiger Group launched a ‘Buy Now’ online sale featuring more than 300 lots of digital cameras, lenses, monitors, matte boxes and gear accessories from the film and television industry equipment rental company.

Heritage Bank of Commerce plans to expand its national specialty finance group, which consists of the Bay View Funding national factoring business and the bank’s national asset-based lending/corporate finance team and regional Small Business Administration lending team in the San...

Wells Fargo Asset Management launched a climate transition global investment grade credit strategy to help investors simultaneously achieve their climate and financial goals, with a focus on supporting the ‘climate transition’ and the decarbonization of the economy.

Keen-Summit Capital Partners won the 2021 Turnaround Atlas Hospitality & Real Estate Restructuring of the Year Award from the Global M&A Network for the sale of the L’Ermitage Beverly Hills Hotel.

Matrix Capital Markets Group, an independent investment bank, advised Circle K Stores on the sale of 48 petroleum marketing and convenience retail stores to Casey’s General Stores.