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09.07.25 - 14:03
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Sygnia Expands Cyber Insurance Expertise with Global Risk and Insurance Leader Elissa Doroff (Business Wire)
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Elissa to spearhead Sygnia's strategic vision to bridge cybersecurity operations with legal and insurance sectors.TEL AVIV & NEW YORK--(BUSINESS WIRE)--Sygnia, the foremost global cyber readiness and response team, announced the addition of Elissa Doroff as Director of Cyber Insurance and Legal Partnerships. Doroff joins with two decades of experience, holding leadership positions at insurance and brokerage firms, including Mosaic Insurance, Lockton, NFP, AXA XL, Marsh and AIG.
Bridging the world of cybersecurity and the legal and insurance sectors, Doroff expands Sygnia's capabilities to advise clients navigating the cyber threat landscape, aligning incident response strategy with cyber insurance and law firms to streamline collaboration during incident response and recovery efforts.
In her new role, Doroff will lead Sygnia's cyber insurance and legal partnership strategy, driving engagement with insurers and breach counsel to enhance incident response and client resilience. She will also be responsib...
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09.07.25 - 00:18
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Baupost-Backed Tile Importer Files for Bankruptcy, Seeks Sale (Bloomberg)
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Mosaic Cos., which sells tile and stone flooring, filed for bankruptcy with plans to sell its operations after the company's main backer, an affiliate of investment giant Baupost Group, was unable to help the business navigate import problems that began during the Covid-19 pandemic....
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11.06.25 - 17:06
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KBRA Comments on Chapter 11 Filing of Solar Mosaic (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--Solar Mosaic LLC (Mosaic) has filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code (Chapter 11) in the United States Bankruptcy Court for the Southern District of Texas. According to its press release dated June 6, 2025, Mosaic plans to maintain its loan servicing operation through the Chapter 11 process. In addition, Forbright Bank—an existing loan servicing customer of Mosaic and the administrative agent representing lenders in the Chapter 11 proceedings—has expressed its intention to leverage its financial strength to support Mosaic's servicing operations.
According to the transaction documents of KBRA-rated solar loan ABS transactions for which Mosaic is the servicer, Mosaic's bankruptcy constitutes a servicer termination event. However, the bankruptcy court may have broad authority over any contracts or agreements to which Mosaic is a party, which could prevent the trustee from appointing a successor servicer during th...
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