News

Katten Muchin Rosenman’s executive committee elected to promote nine to partner in key practice areas, such as Commercial Finance, Insolvency and Restructuring and Corporate.

Chiron Financial served as the exclusive investment banker to Cobra Downhole Motors in the sale of substantially all of its assets to Norse Partners.

Edwin M. Baum and Alan B. Howard joined Perkins Coie as partners in the firm’s Commercial Litigation practice in New York. They will join the Securities Litigation and Business Litigation subgroups, respectively.

According to an SEC filing, Mike Sharkey has been selected to head the combined national asset-based lending business following the merger of Fifth Third Bank and MB Financial .

Nebraska Book Holdings completed the restructuring of its balance sheet and eliminated the substantial majority of its legacy long-term debt. Callidus Capital provided a new asset-based loan to support the refinancing. _x000D_ _x000D_

Signature Bank received approval from both the New York State Department of Financial Services and the FDIC to begin operations in California.

MB Business Capital provided a new $10 million senior credit facility to Specialty Steel Supply.

Renasant Business Credit closed a $13.5 million term loan for an existing ABL client.

SeaSpine Holdings extended its credit facility with Wells Fargo through July 2021 with an option to increase the limit from $30 million to $40 million.

SSG Capital Advisors acted as the investment banker to Nighthawk Energy in the sale of substantially all of its assets to an affiliate of Morse Energy Capital Partners.