News

InterNex Capital provided a $250,000 credit facility to an Illinois-based freight transportation company.

AVENUE Stores voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The company is pursuing this course of action to facilitate its transformation into an e-commerce-only platform.

Baker McKenzie has added M&A lawyer Leif King in Palo Alto, CA as the firm continues to rapidly expand its transactional practice within the Silicon Valley market and globally._x000D_ _x000D_ _x000D_

Capital One acted as a joint lead arranger for a senior secured credit facility for STEMCELL Technologies, a Canada-based biotechnology and life science company. _x000D_ _x000D_

Capital Markets attorney Ben Marsh joined global law firm Goodwin’s Life Sciences and Technology practices as a partner in the New York office._x000D_ _x000D_

Hudson Resources has entered into definitive agreements with its existing lender, Cordiant Capital, and its new lender, Romeo Fund – Flexi, to increase its credit facility by $3 million.

Phoenix Management Services has named Marc Sullivan as a managing director in the firm’s Atlanta office._x000D_ _x000D_ _x000D_

International Banker reported that August 15, 1969, the opening day of Woodstock, was also the date that LIBOR was created. Now the global benchmark is approaching its final hour, but what will replace it?

David B. Weir, Jr. has joined Grant Thornton’s Public Sector Healthcare practice as a managing director.

Quaker Chemical and Houghton International have combined to create Quaker Houghton, a global leader in industrial process fluids to the primary metals and metalworking markets. _x000D_ _x000D_ _x000D_ _x000D_