TSL Express Daily Articles & News

There were 956 commercial Chapter 11 filings in January 2026, an increase of 76% from the 544 filings registered in January 2025, according to data provided by Epiq AACER, the leading provider of US bankruptcy filing data. The rise in overall commercial Chapter 11 filings is primarily driven by related filings from larger corporate parent companies.

eCapital Corp. (“eCapital”), a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, has delivered a $17.5 million asset-based lending facility.

Forum Energy Technologies, Inc. (NYSE: FET) announced today it has entered into an amendment to its senior secured asset-based lending credit facility (“Credit Facility”). Wells Fargo Bank, National Association, JPMorgan Chase Bank, N.A., and Bank of America, N.A., acted as joint lead arrangers and joint book runners. Wells Fargo Bank, National Association, will continue to act as the administrative agent.

Strata Critical Medical, Inc. (Nasdaq: SRTA, “Strata” or the “Company”), a leading provider of logistics and medical services in the organ transplant industry, today announced that the Company has entered into a credit agreement with JPMorgan Chase Bank, N.A. for secured, asset-based revolving credit loans in aggregate principal amount of up to $30.0 million, which, subject to certain conditions, may be increased up to an aggregate of $50.0 million (the “ABL Facility”).

Tiger Finance has amended its existing credit facility with Southern California-based The Beachbody Company, Inc. (NASDAQ: BODI) (“BODi” or the “Company”) to provide the fitness and nutrition leader with enhanced financial flexibility.

Old Glory Bank, serving customers in all 50 states with its pro-America, FDIC-insured, online banking platform, today announced continued momentum in its small and medium business banking growth, reporting a 10% increase in new business deposit accounts in January 2026.

Holland & Knight has bolstered its national Financial Services Practice Group with the addition of corporate trust partner Adam Jachimowski in New York. Mr. Jachimowski was previously a partner with Troutman Pepper Locke. Mr. Jachimowski represents financial institutions and investment funds serving as trustees, collateral agents, depositaries and escrow agents in a broad range of financing and restructuring transactions.

B. Riley Securities, Inc. announced it served as bookrunner on VSE Corporation’s (“VSE”) (NASDAQ: VSEC) upsized underwritten public equity offerings, consisting of a $750 million common stock follow-on offering and a concurrent $400 million offering of 5.750% tangible equity units, for total gross proceeds of $1.15 billion, excluding overallotments.

A&G Real Estate Partners is now considering offers for 59 Saks OFF 5TH and Last Call locations, providing a strong expansion opportunity for everyone from athletic brands to off-price fashion chains.

Iron Eagle Capital, a boutique capital advisory firm founded by affiliate VRS Restructuring Services, today announced that it has expanded its service offerings beyond distressed situations to provide a full suite of capital advisory services to healthy and growth-stage companies.

RSM US LLP ("RSM") – the leading provider of assurance, tax and consulting services for the middle market – today updated its definition of the U.S. middle market, expanding the segment's revenue range to $30 million–$10 billion to reflect its growing scale, complexity and economic impact.

Latham & Watkins LLP is pleased to announce that Max Silverstein has joined the firm’s New York office as a partner in the Capital Markets Practice. Silverstein has substantial experience representing sponsors, corporates, and credit funds in their most complex financing and liability management transactions. His arrival further enhances Latham’s world-class, fully integrated corporate and finance practice.

This year’s group features lawyers from nine of the firm’s global offices and highlights its deep Texas roots and international reach, with seven of the new counsel based in Dallas, Dallas-North, Fort Worth and Houston. The group also spans major U.S. hubs such as New York, Denver, Northern Virginia and Washington, D.C., as well as London.

Global law firm Norton Rose Fulbright today announced a powerful expansion of its business practice with the addition of an impressive group of corporate, private equity, healthcare, finance and tax lawyers who further enhance the firm’s robust transactional capabilities. Andrew Smolik and Michael Flood join Norton Rose Fulbright’s St. Louis office, as Seth Aigner, Virginia Duong and Gordon Klein arrive in Chicago.

Winston & Strawn LLP announced today the addition of David Love to the firm’s Chicago office. He joins the firm’s Transactions Department as a partner in the Finance Practice. David represents leading private equity sponsors in leveraged finance transactions, with a focus on acquisition financings across the large-cap and middle markets. He also advises clients on liability management transactions.

Cross River Bank (“Cross River”), a technology infrastructure provider that offers embedded financial solutions, today announced it has provided a $100 million revolving credit facility to an investment vehicle managed by MidOcean Partners, LP (“MidOcean”). The facility, structured by Cross River’s Principal Finance Group (“PFG”), is secured by home equity investment contracts (“HEIs”), and originated by Point Digital Finance, Inc. (“Point”).

Monroe Capital LLC (“Monroe”) announced it led the debt financing and made an equity co-investment to support the majority recapitalization of CST Academy (“CSTA”) by Golden Bear Partners.

Blank Rome LLP is pleased to announce that Nicole Islinger has joined the firm’s Washington, D.C., office as a partner in the Corporate, M&A, and Securities group and as a member of the Aerospace, Defense & Government Services (“ADG”) and Technology industry teams. She brings deep transactional experience centered on mergers and acquisitions (“M&A”), with substantial experience in government contracting, technology, and private equity.

Great American Holdings, LLC ("GA Group"), an industry-leading provider of advisory, valuation, field exam, liquidation, retail, and real estate services, and majority-owned by funds managed by Oaktree Capital Management, L.P. ("Oaktree"), today announced two significant strategic developments.

SouthStar Capital is pleased to announce the funding of a $500,000 accounts receivable financing facility for an Indiana-based commercial flooring contractor. The company serves both residential and commercial markets, with a growing focus on large-scale projects including schools and government-related facilities.