 | | Featured Premium Content | | | | | Debtwire: 1Q25 Loan Highlights
The first three months of 2025 saw a slowdown in loan issuance across the regions of the Americas, EMEA and Asia-Pacific (APAC), according to a Debtwire report. As at 24 March, Dealogic data shows the loans market printed USD 1.04tn-equivalent in 1Q25, 28% down on 1Q24 (USD 1.46tn). Last year represented a recovery for the market against a backdrop of declining interest rates — the best year since 2021. However, 1Q25 results so far raise question marks over growth sustainability. Issuance volumes have fallen in year-on-year (YoY) comparisons in all three regions, although part of the gap could potentially close in the final days of the quarter. READ MORE | | | | | SPONSORED CONTENTPredatory Uptiering: Three Steps to Protect Against Being Primed While uptiering disputes are not new, the loan market has seen an uptick in recent years. If not careful, lenders can lose their lien claim positions to a newer, senior lender. SRS Acquiom explains the primary mechanisms of predatory uptiering and identifies steps lenders can take to protect against it—all in one easy-to-reference page. GET THE INSIGHTS | | |  | | Editor's Picks | | | | | Paper Goods Maker for Trader Joe’s, Kroger Files Bankruptcy
Royal Paper, a maker of bath tissues, paper towels and napkins sold at Whole Foods, Trader Joe’s and Kroger, filed for bankruptcy and has agreed to a deal to sell its business, Bloomberg Law reported. The Phoenix, Ariz.-based company and its corporate affiliates sought court protection Tuesday in Delaware, listing assets and liabilities each of between $100 million and $500 million in its chapter 11 petition. READ MORE | | U.S. Regulator OCC Notifies Congress of Major Security Breach
The U.S. Treasury Department's Office of the Comptroller of the Currency (OCC) said on Tuesday it had notified Congress of a major information security breach involving its email system, Reuters reported. The U.S. financial regulator said an unauthorized access to a number of its executives and employees' emails, about which it learned on February 11, included highly sensitive information relating to the financial condition of federally regulated financial institutions. READ MORE | | China Places 84% Retaliatory Tariffs on U.S. Goods in Response to Trump
China has pushed back again on U.S. President Donald Trump’s tariff policies by hiking its levies on U.S. imports to more than 80%, CNBC.com reported. Tariffs on U.S. goods entering China will rise to 84% from 34% starting April 10, according to a translation of a Office of the Tariff Commission of the State Council announcement. The hike comes in response to the latest U.S. tariff increase on Chinese goods to more than 100% that began at midnight. READ MORE
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A Bethesda nonprofit federal contractor has become a casualty of the Trump administration’s shutdown of the U.S. Agency for International Development, Bethesda Magazine reported. DevWorks International has closed its doors and is seeking chapter 7 bankruptcy protection. READ MORE | | Michigan Doctor Files Bankruptcy for Entity That Handled Autopsies, Delaying $551K Defamation Judgment
A Saginaw Township doctor has filed bankruptcy for one of his entities that had been contracted to provide autopsy services for Saginaw County (Mich.), MLive.com reported. The filing has delayed a judge ordering the doctor to pay a six-figure sum to a fellow physician he defamed. READ MORE | | Tallulah’s Taqueria Files for Chapter 11 Protection
Tallulah’s Taqueria, a Providence, R.I.-based Tex-Mex restaurant, has filed for chapter 11 bankruptcy protection, WPRI.com reported. Kelly Ann and Jacob Rojas, the owners of Tallulah’s Taqueria, filed a voluntary petition on Monday in U.S. Bankruptcy Court. The bankruptcy filing reveals that Tallulah’s Taqueria owes 15 creditors more than $977,000. READ MORE | | CFPB Asks to Exit Biden-Era Case Against MoneyGram
The Consumer Financial Protection Bureau (CFPB) has asked a federal court to withdraw from the agency's own 2022 case against MoneyGram, leaving the New York attorney general as the sole plaintiff, according to court papers, Reuters reported. Under then-President Joe Biden, the agency had joined New York in accusing the cash transfer company of repeatedly and unfairly violating a federal rule designed to make it easier for people to send money to friends and family outside the United States. In a motion filed on Monday, the CFPB said that it could not seek a dismissal because New York officials were also suing. READ MORE | | Justice Department Will Narrow Its Focus on Crypto-Related Enforcement
The Justice Department is disbanding a team of prosecutors who targeted cryptocurrency crimes and is shifting its focus away from complex crypto-related cases involving banking and securities law, according to a memo reviewed by the Associated Press. “The Department of Justice is not a digital assets regulator,” Deputy Attorney General Todd Blanche said in a memo sent to prosecutors on Monday. READ MORE | | | | |
