News

McClatchy has begun a voluntary restructuring under Chapter 11 of the U.S. Bankruptcy Code following the solicitation of a plan of reorganization among its key stakeholders.

The Wall Street Journal reported that U.K. regulators are investigating the professional relationship between Barclay’s Chief Executive Jes Staley and Jeffrey Epstein, the disgraced financier who died in jail last year.

Fox Factory Holding has signed a definitive agreement to acquire 100% of the issued and outstanding capital stock of SCA Performance Holdings, from Southern Rocky Holdings a portfolio company of Kinderhook Industries.

Ares Management has appointed Kipp deVeer to its board of directors, effective immediately. Concurrently, John Kissick, now a retired co-founder of Ares, is stepping down from the board.

Business Capital structured and delivered approximately $6 million in senior secured loans for NOVA IVF, a clinic providing in vitro fertilization (IVF) treatments.

On February 1, 2020, Gulf Coast Business Credit, a division of Gulf Coast Bank & Trust, celebrated its 20th anniversary an accounts receivable and asset-based lender.

WeWork closed a new $1.75 billion senior secured letter of credit facility. Goldman Sachs is the administrative agent of the new facility.

Angelo Gordon has closed the AG Credit Solutions Fund with $1.8 billion of equity commitments.

SG Credit Partners closed a $2 million credit facility for Enterprise SaaS.

Justin T. Stolte has returned to Latham & Watksins' Houston office as a partner in the Corporate Department and member of the Mergers & Acquisitions Practice. _x000D_ _x000D_