SSG Advisors acted as the investment banker to Phillip Galyen P.C. d/b/a/ Bailey & Galyen (“Bailey & Galyen” or the “Firm”) in a $42 million recapitalization. The funding was used to refinance existing indebtedness and will provide additional...
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October 28, 2022, 07:45 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of MyCase, Inc. by private equity sponsor Apax Partners.MyCase is a leading cloud-based legal...
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October 14, 2020, 09:10 AM
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Venture Capital (VC) and Private Equity (PE) firms may differ in many ways, but they share a similar predicament – increased pressure to cut legal costs as business revenue from M&A and fundraising declines, according to a new Apperio study entitled...
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September 25, 2020, 09:05 AM
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Neiman Marcus Group, Inc. and related entities have been charged in the District Court of Dallas County, Texas with, among other wrongdoings, the fraudulent transfer of assets totaling approximately $1 billion of value for no consideration. These...
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December 11, 2018, 08:21 AM
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Wells Fargo Bank, N.A., and a group of institutional investors, including funds affiliated with BlackRock, Inc. and PIMCO, announced that they have reached a settlement that resolves two class action lawsuits in federal and state court related to...
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November 13, 2018, 07:06 AM
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As previously disclosed by Albertsons Companies, Inc., outside counsel to the company’s wholly-owned subsidiary, Safeway Inc., has received letters from a law firm purporting to represent holders of the 7.25% Senior Debentures due February 2031...
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November 12, 2018, 07:00 AM
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Attorneys for consulting giant McKinsey & Co. are asking a federal judge to dismiss what they say is a baseless lawsuit against the firm filed by one of its largest competitors. As ABL Advisor reported in May, Jay Alix, founder of the turnaround...
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August 06, 2018, 08:00 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation announced that it provided $22.5 million in secured financing to support Cottonwood Acquisitions in its recapitalization of PRCCW Holdings LLC....
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February 14, 2017, 07:00 AM
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Ares Commercial Finance has funded a $2 million senior secured revolving line of credit to Mindcrest, Inc.Mindcrest, Inc. and its wholly-owned subsidiary Mindcrest India Private Limited provide legal services to various corporate and law firm clients...
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On October 28, the New York Supreme Court, Appellate Division – First Department affirmed the dismissal of claims brought by a defaulting borrower against its lender, Siemens First Capital Commercial Finance LLC*, in Whitecap (US) Fund I LP v....
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November 14, 2014, 07:46 AM
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UniTek Global Services has entered into a further amendment to its previously-disclosed forbearance agreement with the company's lenders under its term credit agreement (the term lenders), and that it has also agreed with the termlenders to negotiate...
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UniTek Global Services, a provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, has entered into further amendments to its...
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UniTek Global Services, a provider of permanently outsourced infrastructure services to the telecommunications, broadband cable, wireless, transportation, public safety and satellite television industries, entered into amendments of its...
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Siemens First Capital Commercial Finance LLC won dismissal of a lawsuit accusing it of breach of contract over the cancellation of an initial public offering for a security-alarm service business.
Whitecap (US) Fund I LP sued Siemens First Capital...
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ENGlobal Corporation, a provider of energy-related engineering and automation solutions, announced it entered into a "Second Amendment to Revolving Credit and Security Agreement, Waiver and Forbearance Extension" with its lender. The extension will...
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December 19, 2012, 07:08 AM
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Bloomberg reports UK prosecutors are poised to arrest former traders and rate setters at UBS AG (UBSN), Royal Bank of Scotland Group Plc and Barclays Plc (BARC) within a month for questioning over their role in the Libor scandal.
The arrests will be...
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November 12, 2012, 07:29 AM
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According to an SEC filing, THQ Holdings reported Wells Fargo Capital Finance sent notice it is in default on its $50 million line of revolving credit.
The filing states THQ was unable, “without unreasonable effort or expense,” to file its Quarterly...
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November 12, 2012, 07:14 AM
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