Molting occurs about once a year in an adult lobster and is a vulnerable time in which the lobster retreats to a hiding spot and withdraws out of its shell. After molting the lobster's body is very soft and it can take a few months for its shell to harden again.
Madison Capital Funding closed a senior debt facility to finance the Dividend Recapitalization of Goosehead Insurance. Madison Capital Funding is the Sole Lender and Administrative Agent. Further terms were not disclosed. Goosehead Insurance is one of the largest and fastest growing personal lines insurance agencies in the country. Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products.
Lawyers for the Aero Club and the museum said the Spruce Goose was separate and protected from the 2013 bankruptcy of Evergreen Aviation, as well as the the December bankruptcy of Evergreen Vintage Aircraft, a for-profit affiliate of the non-profit museum that owned its real estate and many of its planes.