Sunday - May 12, 2024
State Tipoffs Involving Illinois Newsletter for Friday April 26, 2024 ( 22 items )  

Central Michigan University: MITTEN-CI Project Unravels Dynamics of Thunderstorm Formation in Western Michigan
MOUNT PLEASANT, Michigan, April 26 (TNSres) -- Central Michigan University issued the following news: By Robert Wang A groundbreaking research initiative known as MITTEN-CI, short for Maritime to Inland Transitions Towards ENvironments for Convection Initiation, is set to shed light on the intricate mechanisms behind thunderstorm formation in Western Michigan. Spearheaded by a team of distinguished scientists from Central Michigan University, the University of Illinois, Texas Tech, CU Boulder,  more

CHA Launches New 'Cabrini Now' Planning Initiative to Renew and Accelerate Housing and Economic Development on the Near North Side
CHICAGO, Illinois, April 26 -- The Chicago Housing Authority issued the following news release: The Chicago Housing Authority is announcing the launch of "Cabrini Now," a community-driven planning and design process to accelerate new mixed-income housing and economic development in the Near North neighborhood. Cabrini Now builds on previous planning efforts, including the 2015 Development Zone Plan, to update and further the community's vision for the neighborhood, and respond to current affor  more

Chicago Public Schools: Three North Lawndale Schools Partner With Community to Launch STEAM Programming in SY 2024-2025
CHICAGO, Illinois, April 25 -- Chicago Public Schools issued the following news release: Chicago Public Schools (CPS), in collaboration with many community partners, is honored to announce the creation of a science, technology, engineering, arts, and math (STEAM) programming in North Lawndale for the 2024-25 School Year. The partnership involves three current CPS schools; Chalmers School of Excellence, Johnson School of Excellence, and The Collins Academy High School, and promises to provide st  more

Enrollment Rx: A "Click-and-Buy" Experience for Non-Traditional Programs on Salesforce for Admissions
SCHILLER PARK, Illinois, April 25 -- Enrollment Rx, a higher education technology company delivering innovative Constituent Relationship Management solutions, issued the following news: When it comes to non-traditional programs, many admissions software systems cannot support an intuitive end-user experience for prospective students. Colleges and universities want a "click-and-buy" experience for students to register and pay for non-traditional courses easily. In part 5 of the "Reaching New He  more

Graham Health System Extends Reach of Western Illinois University Food Pantry
MACOMB, Illinois, April 26 -- Western Illinois University issued the following news release: The Western Illinois University Food Pantry is providing support for more students, thanks to a recent gift from Graham Health System (GHS). After a visit to the WIU Macomb campus in March, GHS's Senior Director of Business Development Jake Green contacted Director of Development for the College of Education and Human Services Emily Gillett to share news of the gift. In celebration of National Doctors  more

ILL. A.G. RAOUL CALLS ON CONGRESS TO PROTECT ACCESS TO ASSISTED REPRODUCTIVE TECHNOLOGY
CHICAGO, Illinois, April 25 -- Illinois Attorney General Kwame Raoul issued the following news release on April 24, 2024: Attorney General Kwame Raoul today joined a coalition of 21 attorneys general urging Congress to pass the Access to Family Building Act, which would guarantee nationwide access to assisted reproductive technology (ART) such as in-vitro fertilization (IVF). In the wake of a recent Alabama Supreme Court decision that jeopardized essential reproductive health services by clas  more

ILL. A.G. RAOUL SUPPORTS NEW FEDERAL RULES TO COMBAT MONEY LAUNDERING
CHICAGO, Illinois, April 25 -- Illinois Attorney General Kwame Raoul issued the following news release on April 24, 2024: Attorney General Kwame Raoul joined a coalition of 24 attorneys general in filing a letter with the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) in support of proposed rules entitled "Anti-Money Laundering Regulations for Residential Real Estate Transactions." In the letter (https://illinoisattorneygeneral.gov/News-Room/Current-News/2024.04.09%20  more

Ill. Auditor General Issues Financial Audit on Regional Office of Education No. 1
SPRINGFIELD, Illinois, April 25 -- The Illinois Auditor General issued the following financial audit on April 24, 2024, involving Regional Office of Education No. 1 covering Adams, Brown, Cass, Morgan, Pike, and Scott counties. Here are excerpts: * * * INTRODUCTION Our report covers the financial audit for the period ending June 30, 2023. * * * AUDITORS' OPINION Our auditors state the Regional Office of Education #1's financial statements as of June 30, 2023 are fairly presented in all ma  more

Ill. Auditor General Issues Financial Audit on Regional Office of Education No. 24
SPRINGFIELD, Illinois, April 25 -- The Illinois Auditor General issued the following financial audit on April 24, 2024, involving Regional Office of Education No. 24 covering Grundy and Kendall Counties. Here are excerpts: * * * FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS DELAY OF AUDIT The Regional Office of Education #24 (ROE) did not provide completed financial statements in an auditable form by the August 31, 2023 deadline. The preliminary draft was provided to the auditors on November 2  more

Ill. Auditor General Issues Financial Audit on Regional Office of Education No. 9
SPRINGFIELD, Illinois, April 25 -- The Illinois Auditor General issued the following financial audit on April 24, 2024, involving Regional Office of Education #09: Champaign and Ford counties. Here are excerpts: * * * FINDINGS, CONCLUSIONS, AND RECOMMENDATIONS INADEQUATE INTERNAL CONTROLS OVER RECEIPTS The Regional Office of Education #9 (ROE) did not have adequate internal controls over receipts. Auditors noted 12 of 40 receipts tested (30%), totaling $138,878, had no documentation when th  more

Ill. House Democrats: Benton Helps Military Families Access Childcare
PLAINFIELD, Illinois, April 26 -- The Illinois House Democrats issued the following news: State Rep. Harry Benton, D-Plainfield, is supporting military families by moving legislation through the Illinois House of Representatives to cut red tape regarding child care services for military families. "We always need to look for ways to support families and members of our military, and this legislation does both," said Benton. "Military bases have not avoided the shortage of child care providers we  more

Ill. House Democrats: DeLuca Backs Plan to Secure First Responder Access on Roads
SPRINGFIELD, Illinois, April 26 -- The Illinois House Democrats issued the following news: Emphasizing public safety and the need to keep roads clear for first responders, state Rep. Anthony DeLuca, D-Chicago Heights, is supporting a plan that would strengthen penalties on protestors who block busy roads and prevent the passage of emergency vehicles. "There's no question that people have a right to protest and have their voice heard, but they can't do so in a way that recklessly endangers othe  more

Ill. House Democrats: Stuart Passes Paid Family Leave for First Responders
SPRINGFIELD, Illinois, April 26 -- The Illinois House Democrats issued the following news: State Rep. Katie Stuart, D-Edwardsville, is prioritizing first responders and helping promote more diverse recruitment among fire departments by creating a new paid family leave program for firefighters, paramedics and EMTs. "First responders continue to put their lives on the line to protect Illinois families and communities, and we need to make sure we're offering them the tools they need to care for t  more

Ill. House Democrats: Yang Rohr - Combatting Waterway Degradation Key to Ensuring Illinois' Future
SPRINGFIELD, Illinois, April 26 -- The Illinois House Democrats issued the following news: State Rep. Janet Yang Rohr, D-Naperville, advanced legislation to raise awareness for waterway cleanup efforts, highlighting the need for immediate action to preserve Illinois' natural resources. "Cleaning up our state's waterways is critical to combat climate change and preserve our rich natural habitats," Yang Rohr said. "By designating September as Waterway Cleanup Month, we can highlight the numerous  more

Kirkland Advises EQT on Joint Venture With T-Mobile to Acquire Lumos
CHICAGO, Illinois, April 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised EQT, a purpose-driven global investment organization, on a joint venture between EQT's Infrastructure VI fund and T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest growing broadband provider, to acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III. The joint venture will bring T-Mobile's retail, marketing, brand and customer ex  more

Kirkland Advises GTCR in $2.7B Take Private of AssetMark
CHICAGO, Illinois, April 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled GTCR, a leading private equity firm with substantial investment expertise in financial technology, wealth and asset management, on the definitive agreement to purchase AssetMark Financial Holdings, Inc. (NYSE: AMK), a leading wealth management technology platform for financial advisors. AssetMark stockholders will receive $35.25 per share in cash, which represents a tota  more

Kirkland Advises KKR on Definitive Agreement to Acquire Nexeye
CHICAGO, Illinois, April 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising investment funds and accounts managed by KKR on the signing of a definitive agreement to acquire nexeye, a European provider of value-for-money eye care, from 3i Group plc. The transaction is subject to customary closing conditions and regulatory approvals. Read KKR's press release (https://media.kkr.com/news-details/?news_id=b323f737-c125-4d63-ac3f-ab0a12b51585&type=1  more

Kirkland Advises LLCP on Sale of Tropical Smoothie Cafe
CHICAGO, Illinois, April 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, on its definitive agreement to sell its portfolio company TSC Intermediate, Inc. (Tropical Smoothie Cafe) to private equity funds managed by Blackstone. Tropical Smoothie Cafe is a leading franchisor of fast casual restaurants built on a mission to Inspire Better(R) with more than 1,400 lo  more

Kirkland Assists UK Jurisdiction Taskforce on Legal Statement Regarding Digital Assets Under English Insolvency Law
CHICAGO, Illinois, April 25 -- Kirkland and Ellis, a law firm, issued the following news release: The official UK Jurisdiction Taskforce of LawTech UK (UKJT) has published a comprehensive Legal Statement on Digital Assets and English Insolvency Law, providing guidance to investors, practitioners and insolvency officeholders on the application of English insolvency law to digital assets. The Legal Statement concludes, amongst other things, that digital assets fall within the definition of prope  more

MAYER BROWN ADVISES AMWEST AND PARK CAPITAL ON STRATEGIC PARTNERSHIP
CHICAGO, Illinois, April 25 -- Mayer Brown, a law firm, issued the following news: Mayer Brown advised AmWest Funding Corporation (AmWest) and Park Capital Management in connection with a joint venture with funds managed by Ares Management to purchase and invest in Non-QM loans, sourced and serviced by AmWest. The joint venture will seek to capitalize on AmWest's strong position as a leading mortgage originator and servicer with over $15 billion of Non-QM mortgage originations since inception,  more

Roosevelt University: Dr. Daryl Michael Scott on 'The New Deal and the Transformation of Black Life in America'
CHICAGO, Illinois, April 25 -- Roosevelt University issued the following news: On April 17, 2024, the Roosevelt University Center for New Deal Studies was pleased to welcome historian Dr. Daryl Michael Scott to the Gage Gallery for a lecture entitled, "The New Deal and the Transformation of Black Life in America." Dr. Scott is a professor of United States history at Morgan State University, and the chair of the Department of History, Geography and Museum Studies. He was invited to speak by form  more

The New York Times Reporter Hannah Dreier Honored With John Bartlow Martin Award From Medill
EVANSTON, Illinois, April 26 -- Northwestern University's Medill School of Journalism issued the following news: Hannah Dreier, investigative reporter at The New York Times, is the recipient of the 2024 John Bartlow Martin Award for Public Interest Magazine Journalism from Northwestern University Medill School of Journalism, Media, Integrated Marketing Communications. She is honored for "The Kids on the Night Shift," an investigation published in The New York Times in September 2023. Dreier's  more