TSL Express Daily Articles & News

Tacora Resources Inc. has obtained an order from the Ontario Superior Court of Justice (Commercial List) commencing proceedings under the Companies' Creditors Arrangement Act. The Initial Order includes, among other things: (a) a stay of proceedings in favour of Tacora; (b) approval of the DIP Facility; and (c) appointment of FTI Consulting Canada Inc. as monitor of Tacora.

The multi-brand specialty retailer on Friday filed for Chapter 11 bankruptcy, following a continued decline in sales post-pandemic that left it unable to pay back mounting debt.

Accord Financial Corp., one of the U.S. and Canada’s leading independent commercial finance companies ("Accord") (TSX: ACD) announces the closing of a $40MM equipment lease line to a leading pet supply manufacturer and distributor.

Star Mountain Capital, LLC ("Star Mountain"), a specialized investment manager with approximately $3.5 billion in assets under management (committed capital including debt facilities as of 9/30/2023) focused on generating premium returns from the less efficient and labor-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), is pleased to announce that Steve DeAngelis has joined as Senior Advisor.

USD Partners LP (NYSE: USDP) (the “Partnership”) announced today that it has entered into an agreement (the “Waiver Extension Agreement”) with the lenders and administrative agent under its existing Credit Agreement to, among other things, extend the forbearance period as provided in the previously announced amendment to the Credit Agreement, dated as of August 8, 2023, from its original expiration date of October 10, 2023 to November 3, 2023 (the “New Expiration Date”).

Citigroup Inc (C.N) said on Monday it had agreed to sell its China consumer wealth portfolio, including clients, assets under management (AUM) and deposits, to Asia-focused HSBC Holdings Plc (HSBA.L).

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

United Capital Funding Group LLC, a Florida-based factoring firm completed 9 transactions totaling $7.15 million in accounts receivable financing in Q3 of 2023.

Phoenix Management clients benefit from our working alongside J.S. Held experts with deep technical & scientific mastery and a unique understanding of intellectual property & intangible asset corporate value drivers.

Liberty Media Corporation (“Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) announced today the closing of the repricing of the $1,700 million first lien Term Loan B of a subsidiary of Delta Topco Limited, the Liberty subsidiary which holds all of its interests in Formula 1, the iconic global motorsports business.

Citizens M&A Advisory announced today that it served as financial advisor to VTG, an industry-leading provider of modernization and digital transformation solutions to Defense and Intelligence customers, on its recapitalization by A&M Capital Partners.

Charter Capital is a well-respected factoring company that has decades of industry experience. We are deeply rooted in the local community as well as in the finance and business sectors. Our team adheres to the highest ethical standards, keeps up to date on industry changes, and is dedicated to empowering business owners that might otherwise have limited access to the funding they need to sustain their business. In short, the relationships we’ve built over the years and continue to maintain have allowed us to serve you better.

Womble Bond Dickinson announced today that John Hawk has rejoined the firm as a partner in the Business Litigation Group. Previously with Womble from 2006 to 2021, Hawk is the first partner addition to the Denver office since it was opened last month by leading global energy and natural resources team Scot Anderson and Ana Maria Gutiérrez.

Green Dot Corporation (NYSE: GDOT), a leading digital bank and fintech committed to powering consumers and businesses with seamless and affordable banking and payment tools, today announced the appointment of Michelleta (“Mich”) Razon to its Board of Directors, effective immediately.