Ropes & Gray has advised 24 Hour Fitness in securing a $305 million senior secured facility. The transaction is expected to improve the company’s liquidity and bolster its position in the market. This development was announced in a press release dated May 13.
The legal team from Ropes & Gray included finance partner Leonard Klingbaum, counsel Brett Pearlman, and tax partners Pam Glazier and Alyssa Kollmeyer.
Dechert has provided advisory services to Pagaya Technologies LTD on its first securitization of point-of-sale loans, known as POSH 2025-1.
A new corporate offence of “failure to prevent fraud” is set to be enacted on September 1, 2025.
On May 29, 2025, the U.S. Supreme Court issued a decision in the case of Seven County Infrastructure Coalition v. Eagle County, No. 23-975.
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