December 6, 2024 – Pillar+Aught advised Performance Trust Capital Partners in its role as exclusive placement agent for Victory Bancorp, Inc., holding company for The Victory Bank, in connection with the successful completion of a $4.65 million private placement of fixed-to-floating rate subordinated notes.  Co-founder Ken Rollins led the Pillar+Aught team.

Pillar+Aught is proud to be selected in the 2025 Best Law Firms®, ranked by Best Lawyers®. The firm was recognized as being in the top tier of Harrisburg firms in the area of “Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law.” Best Law Firms rankings celebrate firms that have consistently demonstrated excellence in […]

MID PENN BANCORP, INC. ANNOUNCES PRICING OF $70 MILLION OFFERING OF COMMON STOCK HARRISBURG, PENNSYLVANIA (November 1, 2024) – Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn” or the “Company”) today announced the pricing of its public offering of 2,375,000 shares of its common stock (the “common stock”), at a price to the public of […]

MID PENN BANCORP, INC. TO ACQUIRE WILLIAM PENN BANCORPORATION HARRISBURG, PENNSYLVANIA (November 1, 2024) – Mid Penn Bancorp, Inc. (NASDAQ: MPB) (“Mid Penn”) and William Penn Bancorporation (“William Penn”) (NASDAQ: WMPN) jointly announced today that they have entered into a definitive agreement and plan of merger, pursuant to which William Penn will merge with and […]

Innolink Systems is based in Wilmington, DE and provides IT and managed service solutions spanning workstations, servers, and networks. InnoLink Systems was acquired by Fairdinkum Consulting. Fairdinkum Consulting is based in New York City, NY and provides IT strategy, systems integration, cloud computing, and cybersecurity solutions. Gates and Company and Pillar+Aught were M&A advisors to […]

GETTYSBURG, Pa., July 24, 2024 /PRNewswire/ — ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., and Traditions Bancorp, Inc. (OTCPink: TRBK) (“Traditions”), holding company for Traditions Bank, York, Pennsylvania, announced today the execution of a definitive merger agreement whereby ACNB will acquire Traditions and Traditions Bank in an all-stock transaction. This […]

On July 3, 2024, the U.S. District Court for the Northern District of Texas issued a decision enjoining the Federal Trade Commission (FTC) from enforcing its ban on employee non-compete agreements. This decision has critical implications for businesses that rely on non-compete clauses to protect their proprietary information, client relationships, and competitive positioning. Background In […]

On April 23, 2024, the U.S. Department of Labor (DOL) released a final overtime rule – significantly increasing the minimum salary for certain employees in order to be exempt from the Fair Labor Standard Act’s (FLSA’s) overtime payment requirements. The final overtime rule will produce mid-year changes to the salary threshold for overtime exemptions, with […]

Name, image, and likeness rights are a hot topic in the college sports world. Many states, including Pennsylvania, allow high school athletes to participate and reap the benefits. Kevin Gold recently wrote an article on the issue and how the concept of being an amateur athlete has changed. You can read the article here.

Pillar+Aught is proud to be selected in the 2024 Best Law Firms®, ranked by Best Lawyers®. The firm was recognized as being in the top tier of Harrisburg firms in the area of “Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law.” Information regarding the methodology used by Best Lawyers® in establishing these rankings […]