Gordon Brothers agented a $150 million debtor-in-possession (DIP) term loan for Big Lots. The U.S. closeout retailer focused on value will use the DIP loan during ongoing Chapter 11 bankruptcy proceedings to support the going-concern sale and...
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October 29, 2024, 08:08 AM
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Blink Fitness announced that the Company has made the strategic decision to execute an efficient and value-maximizing sale process to optimize its footprint and position the business for long-term success. To facilitate the sale process, Blink has...
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August 13, 2024, 07:56 AM
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Coach USA commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes to preserve jobs, ensure continued service and maximize the value of its businesses. As part of the...
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June 12, 2024, 08:00 AM
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Rubio's Restaurants, a fast casual restaurant chain specializing in coastal Mexican food, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The company is taking this action to facilitate the sale of the business. The Company has...
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June 06, 2024, 07:41 AM
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Number Holdings, the direct parent company of 99 Cents Only Stores has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the District of Delaware to implement...
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April 08, 2024, 07:47 AM
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Shoes For Crews, a global leader and pioneer in slip-resistant footwear, announced that its U.S.-based entities have filed voluntary petitions for Chapter 11 relief in the United States Bankruptcy Court for the District of Delaware (the “Court”) to...
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April 02, 2024, 07:30 AM
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Bankruptcy and restructuring lawyer Robert M. Hirsh joined Norton Rose Fulbright as a partner in the New York office.Hirsh focuses his practice on debtor-in-possession financing, exit financing and distressed and special situation financing. In...
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January 30, 2024, 07:25 AM
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Troika Media Group, a consumer engagement and customer acquisition group, entered into a restructuring support agreement with certain funds managed by Blue Torch Finance, the Company's senior secured lenders, pursuant to which Blue Torch would...
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December 07, 2023, 07:30 AM
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Instant Brands has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas for its "First Day" motions related to the Company's voluntary Chapter 11 petitions filed on June 12, 2023. Notably, the Court authorized the...
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June 15, 2023, 07:59 AM
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MidCap Financial provided a $325 million senior revolving credit facility to Revlon Intermediate Holdings IV LLC. in connection with Revlon’s successful emergence from Chapter 11. The MidCap Financial credit facility is part of a successful in-court...
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May 17, 2023, 08:00 AM
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