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Wells Fargo & Company announced the appointment of six new Corporate Risk leaders as part of its enhanced Risk model to further strengthen the independent oversight of all risk-taking activities and a more comprehensive view of risk across the... Read Story

August 14, 2020 @ 09:00 AM

CohnReznick LLP announced that Cynthia Romano and Chris Creger of its Restructuring & Dispute Resolution practice have been awarded the prestigious Turnaround Management Association (TMA) 2020 Turnaround and Transaction of the Year Award. The award... Read Story

Filed Under: Industry News
August 14, 2020 @ 08:50 AM

BDO USA, LLP announced that David Balderach and Robert Novak recently joined the firm’s business restructuring and turnaround services practice. Balderach, an industry veteran serving the lending and restructuring needs of energy and oilfield... Read Story

August 14, 2020 @ 08:45 AM

CIT Group Inc. announced its Maritime Finance business, part of its Commercial Finance division, served as sole lead arranger on $28 million refinancing for Valloeby Shipping Ltd. Valloeby, which is owned by a fund managed by a U.S. private equity... Read Story

August 14, 2020 @ 08:40 AM

Gordon Brothers has released an article that discusses the outcome of the Paycheck Protection Program (PPP), including its impact on individuals, firms and lenders, as well as its aid for sectors most challenged by the COVID-19 pandemic. In the... Read Story

Filed Under: Industry News
August 14, 2020 @ 08:27 AM

Monroe Capital LLC was selected as the recipient of the 2020 Best U.S. Direct Lending Fund by Creditflux, a London-based global publication and leading information source for the rapidly evolving market for credit funds and CLOs. The award was... Read Story

Filed Under: Industry News
August 13, 2020 @ 08:55 AM

Focus Management Group (FMG), a nationwide turnaround and restructuring firm, is excited to announce they have elevated their team with the addition of Perry Kalajian. Perry will serve as a Senior Managing Director to meet the firm’s growing activity... Read Story

August 13, 2020 @ 08:50 AM

As the initial shockwaves of the global pandemic subside, middle market sponsors and lenders have proven supportive of their portfolio companies as the financial challenges caused as a result of stay-at-home orders began to crystalize, according to... Read Story

Filed Under: Industry News
August 13, 2020 @ 08:45 AM

Greystone, a leading national commercial real estate finance firm, has provided a $49 million construction loan under the HUD 221(d)(4) program for the development of Katy Apartments, a new multifamily community located in Katy, Texas. The... Read Story

Filed Under: Construction
August 13, 2020 @ 08:39 AM

Umpqua Bank, a West Coast regional bank, released its “Business Resiliency” survey, a nationwide study gauging the impact of the COVID-19 pandemic on the confidence and future of U.S.-based small and mid-size businesses. More than 1,200 leaders at... Read Story

Filed Under: Economy
August 13, 2020 @ 08:30 AM