The most traditional avenue for a distressed company seeking to reorganize existing debts or maximize company value is through a Chapter 11 bankruptcy. However, due to its complexity, a Chapter 11 bankruptcy can be a lengthy, expensive process that is not always palatable for the distressed company’s secured lenders.

Buchalter is pleased to welcome back Anthony Callobre as a Commercial Finance Partner in its Los Angeles office. Callobre’s clients include credit providers, such as commercial banks, commercial finance companies, private debt, private equity groups, and other investors and lenders, as well as credit takers, both financial and strategic.

Here, we speak with Navatto and Yvonne Kizner, head of asset-based lending at CSB about Navatto’s new role and the team’s vision for the future.

Loeb announces the promotion of Eric Schwartz to President. In this role, Schwartz will lead the company’s strategic direction, support growth across all business lines, and continue to advance a team-oriented culture rooted in Loeb’s 146-year history. 

In December 2025, the Office of the Comptroller of the Currency and the FDIC withdrew the Leveraged Lending Guidance dating back to 2013. This withdrawal is a potentially significant event for banks, borrowers, and the broader credit markets. In this article, Elliot Ganz, LSTA’s head of advocacy, and Tess Virmani, LSTA’s EVP, deputy general counsel and head of Policy, discuss the background on the original guidance and the rationale for the withdrawal. They also discuss how the new principles-based supervision may reshape leveraged lending going forward.

Finding White Space by Flipping Burgers: What Lenders Can Learn from Fast Food

Every few years the lending industry collectively declares that “spreads are tight,” “competition is irrational,” and “there’s no white space left.” And every few years, those same statements turn out to be both true and completely wrong.

United Community Bank’s ABL division is pleased to announce recent closings totaling over $200 million.  Some of the highlights among these new ABL lines of credits and term loans include:

• $28 million line of credit and $10 million term loan for a lubricants distributor
• $20 million line of credit for an IT staffing company
• $20 million participation in a line of credit for a security services staffing company