News

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Fairway Market has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York to complete its strategic sale process.

The Federal Home Loan Bank of San Francisco has named Stephen P. Traynor, executive vice president and chief banking officer, as acting president and CEO, effective upon Greg Seibly’s resignation to take a similar post at Union Bank._x000D_ _x000D_

American Commercial Lines has implemented a "pre-packaged" plan to recapitalize the business and significantly reduce the company's debt under its previously announced Restructuring Support Agreement.

Dean S. Nordlinger has joined Blank Rome’s Washington, D.C., office as a partner in the Corporate, M&A, and Securities group, which welcomed partner Stacy H. Louizos earlier this week in the New York office.

The Bank of New York Mellon, London branch, provided a new £45 million ($58 million) revolving credit facility to support Keystone Investment Trust’s financial restructuring.

The board of directors of Credit Suisse Group has unanimously accepted the resignation of Tidjane Thiam and appointed Thomas Gottstein as the new CEO of Credit Suisse Group.

Greg Seibly will join Union Bank as president and head of Regional Banking, effective March 2, 2020.

Sativa Rasmussen has joined the Dorsey & Whitey’s Seattle office as an attorney in the Cannabis Practice Group. _x000D_ _x000D_

North Mill Capital closed a $1 million accounts receivable facility for Master Packing & Rubber.