CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, has announced a major investment in its Restructuring & Dispute Resolution practice with the addition of eight industry veterans, including four partners, a managing director, and three senior managers.

LeClairRyan, the battered Richmond law firm that in recent weeks announced it would shut down in the face of mass defections, has filed for bankruptcy.

US middle market lenders are optimistic that post-Labor Day dealflow will be steady and could likely accelerate heading into the fourth quarter.

Neiman Marcus closed on a nearly $27 million loan for its Fort Lauderdale location, marking the second loan the struggling retailer has secured in recent months in South Florida.

Capital One announced that it recently appointed Jeff Goldsmith to its Underwriting and Portfolio Management team.

B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley") today announced its investment banking subsidiary, B. Riley FBR, Inc., served as exclusive financial advisor to PCM, Inc. (NASDAQ: PCMI) ("PCM") in connection with its completed sale to Insight Enterprises (NASDAQ: NSIT) ("Insight").

In order to complete numerous purchase orders and to prepare for a very busy year end, this midwestern manufacturer and servicer of 21st century state-of-the-art printing presses looked for a flexible lender able to finance its inventory.

Byron Stafford, a professional Asset Manager who provides institutional and individual investors with a broad array of equity and fixed income products designed to meet long-term goals, today announced that it has added private equity to its growing stable of alternative offerings for clients.

Standard & Poors Corp. lowering its debt ratings on J.C. Penney Corp. Inc. due to continued revenue declines and the increasing likelihood that they’ll have to pursue a distressed debt exchange.

Avidbank Holdings, Inc., (OTC Pink: AVBH), a bank holding company and the parent company of Avidbank, announced today that Gina Thoma Peterson will join the Bank as Executive Vice President and Chief Operating Officer.

Ultimate Finance is to withdraw from the unsecured loan market to concentrate on further investment in asset-based solutions.

Celtic Capital Corporation today announced its most recent new client relationship – a California-based Company that conducts telephone and mail solicitation for 501-C3 charitable organizations or political organizations.

Byline Bank Sponsor Finance ("BSF") announced that it has provided revolver and term credit facilities to finance Kian Capital’s recapitalization of The Eastwood Company (“Eastwood”). BSF was represented by Duane Morris, LLP.

Bibby Financial Services (BFS) has increased Veenak International’s asset funding package to £10m, which will allow the healthcare wholesaler to expand its product offering.

With the latest round of tariffs on a wide swath of goods from China set to hit Sunday, the head of a major trade association representing the apparel and footwear industry is warning the United States is fast approaching “retail Armageddon.”

Tradewind has closed a $2 million export factoring facility for an electronics company based in Hong Kong that sells items such as smart watches, smart bands, and tablets to traders and retailers globally.

We are pleased to announce that Hovde’s client, Omaha, NE-based Foley Business Capital (“FBC”), a subsidiary of Foley Holdings (“Foley”), has announced its sale to Memphis, TN-based Vero Business Capital, LLC (“Vero”), a portfolio company of SouthWorth Capital Management (“SouthWorth”).

Terese L. Arenth, a partner in the Garden City law firm of Moritt Hock & Hamroff LLP, was recently appointed by the American Bar Association (ABA) to serve as Vice-Chair of its Promotion & Marketing Law Committee of the ABA Section of Intellectual Property.

People's United Bank, N.A., a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), announced its Healthcare Finance and Capital Markets Divisions provided a $92 million Credit Facility to MidCap Financial ("MidCap"), a middle market-focused, specialty finance firm that provides senior debt solutions to companies across all industries.