ABF Journal

Latham & Watkins added four restructuring partners in its New York office. The partners, who have a wealth of experience advising on bankruptcy and restructuring matters, will further strengthen Latham’s restructuring and special situations practice. Read More: https://lnkd.in/gTzaUfxc #ABFJournal #TopStories #LathamAndWatkins #CorporateRestructuring #GlobalLawFirm #CorporateLaw

Global consulting firm J.S. Held LLC acquired substantially all of the assets of Luttrell Wegis, a forensic accounting and business valuation firm serving clients throughout California and surrounding states. Read More: https://lnkd.in/gtBdYtRa #ABFJournal #TopStories #JSHeld #AssetTracing #ForensicAccounting #StrategicAcquisition

Big Lots received court approval for the sale of substantially all of the company’s assets and ongoing business operations to an affiliate of Nexus Capital Management. The sale, which is subject to customary closing conditions, is expected to close in early December. Read More: https://lnkd.in/gZd2CKw9 #ABFJournal #TopStories #BigLots #NexusCapitalManagement #CorporateAcquisition

First Foundation Inc. appointed Thomas C. Shafer as its CEO. Shafer’s appointment follows the retirement of Scott Kavanaugh, who has served the company as CEO since 2009 and as a member of the board of directors since 2007. Read More: https://lnkd.in/gcUSSJNb #ABFJournal #TopStories #FirstFoundation #CEOAppointment #BankingLeadership

M&A announcements have showed signs of increasing in 2024 but remain below pre-pandemic levels and are far off 2021’s record levels, according to S&P Global. Achieving new peaks will take time, and major M&A players can set the recovery’s pace. Read More: https://lnkd.in/g4-_67Ut #ABFJournal #TopStories #SPGlobalMarketIntelligence #MergersAndAcquisitions #PrivateEquity #MarketAnalysis #EconomicRecovery #RegulatoryEnvironment #FinancialTrends

eCapital Corp., a tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has secured a $45 million asset-based lending facility for a privately held energy services company based in Texas. Read More: https://lnkd.in/gDEQ-J-i #ABFJournal #TopStories #eCapital #AssetBasedLending #FinancialSolutions #PrivateEquity

H-Food and certain of its affiliates entered into a global restructuring support agreement with its key stakeholders. To consummate the transactions contemplated under the agreement, the company has filed voluntary petitions for prearranged Chapter 11. Read More: https://lnkd.in/gDnQC4BE #ABFJournal #TopStories #HFood #Chapter11 #Restructuring #EquityCapital #FinancialRestructuring

Marathon Asset Management and Webster Bank closed a senior secured financing agreement for Sunbelt Modular Inc. to support its acquisition by funds advised by Littlejohn & Co. Read More: https://lnkd.in/gT9z3WBS #ABFJournal #TopStories #MarathonAssetManagement #WebsterBank #Littlejohn #SunbeltModular #PrivateEquity #AcquisitionFinancing #MiddleMarket #PrivateCredit #MergersAndAcquisitions

SSG Capital Advisors LLC served as the investment banker to Anada, OvaInnovations, LLC. and Crimson in the sale of substantially all its assets to Veos USA. Read More: https://lnkd.in/gvrTSruz #ABFJournal #TopStories #OvaInnovations #VeosUSA #SSGAdvisors #MergersAndAcquisitions #StrategicAcquisition #FinancialRestructuring #CorporateTurnaround

Bank of America named Ed Siaje president of Bank of America Detroit., succeeding Matt Elliott, who recently retired from the bank. Read More: https://lnkd.in/gjYsnCx9 #ABFJournal #TopStories #LeadershipAnnouncement #BankingLeadership #EconomicMobility #FinancialServices