Friday - May 3, 2024
State Tipoffs Involving Illinois Newsletter for Friday March 29, 2024 ( 22 items )  

Augustana College: Hasselmo Award Winners Recognized for Passions, Work Ethic
ROCK ISLAND, Illinois, March 29 -- Augustana College issued the following news: Two Augustana College juniors, Alexis Lee and Erik Bergren, have been awarded the Nils Hasselmo Award for Academic Pursuit. Established by Dr. Nils Hasselmo, Class of 1957, the award is given annually to Augustana students pursuing a career in research or higher education teaching. The award was established in recognition of the ways in which Hasselmo's Augustana education both informed and transformed his life and  more

Community Organizations Receive Impactful Donations From First Mid
MATTOON, Illinois, March 29 -- First Mid Bank and Trust issued the following news release on March 28, 2024: First Mid Bank & Trust is proud to announce its latest initiative focused on supporting and strengthening communities in its Northern Region. Following its 2023 acquisition of former Blackhawk Bank locations, First Mid asked key employees in each market to nominate worthwhile organizations to receive the donations, totaling over $60,000. The donations were distributed over the last sever  more

Delta Regional Authority Announces 2024 Delta Workforce Grant Program Awardees
CLARKSDALE, Mississippi, March 29 -- The Delta Regional Authority issued the following news release: The Delta Regional Authority (DRA) has awarded more than $10 million in investments toward 23 projects across Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri and Tennessee through the Delta Workforce Grant Program (DWP). Funding for this program was made possible, in part, by the Bipartisan Infrastructure Law signed by President Biden -- a key part of his Investing in Ame  more

ILL. A.G. RAOUL SUPPORTS EFFORTS TO VACATE RULE ALLOWING HEALTH CARE DISCRIMINATION
CHICAGO, Illinois, March 29 -- Illinois Attorney General Kwame Raoul issued the following news release on March 28, 2024: Attorney General Kwame Raoul, as part of today a coalition of 19 attorneys general, today filed an amicus brief with the U.S. District Court for the District of Massachusetts supporting a motion to vacate a 2020 federal rule that strips nondiscrimination protections from the Affordable Care Act (ACA). In the brief (https://illinoisattorneygeneral.gov/News-Room/Current-News/  more

Kirkland Advises Flexpoint Ford in Partnership With Accuserve
CHICAGO, Illinois, March 29 -- Kirkland and Ellis, a law firm, issued the following news release on March 28, 2024: Kirkland & Ellis represented Flexpoint Ford, LLC, a private equity investment firm specializing in the financial services and healthcare industries, on its agreement with Accuserve Solutions, an independent managed repair services platform, and Aquiline Capital Partners LP, a private equity investment firm specializing in the financial services industry, for a majority investment   more

Kirkland Advises Hildred Capital on Closing of Multi-Asset Continuation Fund
CHICAGO, Illinois, March 29 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Hildred Capital, a healthcare-focused private equity firm that specializes in partnering with middle-market companies, on the closing of a multi-asset continuation fund with capital commitments in excess of $750 million led by Lexington Partners, one of the world's largest managers of secondary private equity and co-investment funds, and a leading group of limited partners.  more

Kirkland Advises I Squared Capital on Strategic Joint Venture
CHICAGO, Illinois, March 29 -- Kirkland and Ellis, a law firm, issued the following news release on March 28, 2024: Kirkland & Ellis represented I Squared Capital in the formation of a pipeline joint venture between ISQ Whistler Holdings, a portfolio company of I Squared Capital, Enbridge Inc. and MPLX. The joint venture includes a strategic combination of certain natural gas assets, including the Whistler Pipeline and Rio Bravo Pipeline project. Read the transaction's press release. The Kir  more

Kirkland Advises Marathon Oil on $1.2B Offering of Senior Notes
CHICAGO, Illinois, March 29 -- Kirkland and Ellis, a law firm, issued the following news release on March 28, 2024: Kirkland & Ellis counseled Marathon Oil Corporation (NYSE: MRO) on its public offering of senior notes in a combined aggregate principal amount of $1.2 billion. Marathon Oil Corporation is an independent oil and gas exploration and production company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas; Bakken, North Dakota; STACK and SCOOP in Ok  more

Kirkland Advises Percheron Capital on Closing of $1.55B Fund II at Hard Cap
CHICAGO, Illinois, March 28 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Percheron Capital, a private equity firm focused on partnering with essential services businesses in North America, on the formation of its second fund, Percheron Capital Fund II (Fund II), with $1.55 billion in total commitments. Fund II was oversubscribed and closed on March 27, 2024 at its hard cap, with commitments from a diverse, global group of institutional investor  more

Kirkland Counsels Cosm on Multi-Year Partnership With ESPN to Deliver 'Shared Reality' Experiences
CHICAGO, Illinois, March 29 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Cosm, a leading immersive technology, media and entertainment company, on its multi-year agreement that will see ESPN bring live events across college and professional sports to Cosm's forthcoming immersive venues in "Shared Reality" - an experience which bridges the virtual and physical worlds through Cosm's pioneered technology and 87-foot diameter, 8K+ LED domes. The tr  more

Kirkland Represents GL Capital on Proposed Privatization of SciClone Pharmaceuticals
CHICAGO, Illinois, March 29 -- Kirkland and Ellis, a law firm, issued the following news release on March 28, 2024: Kirkland & Ellis is advising GL Capital as the offeror on its proposed privatization of SciClone Pharmaceuticals (Holdings) Limited (HKSE: 6600), a company incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange. The privatisation will be implemented by way of a scheme of arrangement. SciClone Pharmaceuticals is principally engaged in developing and commerc  more

Kirkland Represents Talen Energy on Sale of Texas Gas Plants to CPS Energy
CHICAGO, Illinois, March 28 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Talen Energy Corporation on an agreement to sell its approximately 1,710-megawatt generation portfolio located in the South Zone of the Electric Reliability Council of Texas market to CPS Energy for $785 million subject to customary net working capital adjustments at closing. These assets include natural gas plants in Corpus Christi and Laredo. The transaction is expected   more

MCDERMOTT WILL & EMERY: WYOMING PROTECTS CRYPTOCURRENCY, FIAT CUSTOMERS WITH FIRST-OF-ITS-KIND CRYPTOCURRENCY BANKRUPTCY LAW
CHICAGO, Illinois, March 29 -- McDermott Will and Emery, a law firm, issued the following news release on March 28, 2024: On March 15, 2024, the state of Wyoming enacted a first-of-its-kind cryptocurrency bankruptcy law (SF0096) that will protect cryptocurrency and fiat customers subject to "covered accounts" who provide their assets to Wyoming trust companies and special purpose depository institutions. Staking, staking as a service, sub-custodians and third-party platform trading are also ban  more

Pritzker School of Law: Minow Debate Series Addresses Whether Citizens United Has Undermined Democracy
CHICAGO, Illinois, March 29 -- The Northwestern University's Pritzker School of Law issued the following school news on March 28, 2024: On February 21, 2024, students, faculty, alumni, and guests filled Thorne Auditorium to observe the latest installment of the Newt and Jo Minow Debate Series at Northwestern Pritzker School of Law. The debate series, made possible by friends and colleagues of Newton N. Minow (JD '50), honors Minow's numerous contributions to public and civic life with debates   more

Rutgers-New Brunswick Appoints New Dean to Lead Graduate School of Education
NEW BRUNSWICK, New Jersey, March 29 -- Rutgers University issued the following news: Christopher M. Span, a scholar, historian, educator and higher education administrator whose expertise spans the fields of history and education policy, has been appointed dean for the Graduate School of Education at Rutgers University-New Brunswick. Span, who assumes the role July 1, comes to Rutgers from the University of Illinois at Urbana-Champaign, where he also earned his doctoral degree, as a professor   more

SIU to Host Lecture Highlighting R. Buckminster Fuller's Work on April 7
CARBONDALE, Illinois, March 29 -- Southern Illinois University issued the following news release: A free, public presentation on the work and legacy of noted futurist, architect and designer R. Buckminster Fuller by one of his former students is set for Sunday, April 7, at Southern Illinois University Carbondale. Noted architect Thomas T.K. Zung, president and senior partner of Buckminster Fuller, Sadao, and Zung Architects, will present "The Dymaxion World of R. Buckminster Fuller" at 3 p.m.   more

University of Chicago: EPIC Experts Share Knowledge About Role of Data in Air Quality Improvement in Nepal
CHICAGO, Illinois, March 29 -- The University of Chicago's Energy Policy Institute issued the following news: Christa Hasenkopf, Director of EPIC's Clean Air Program, and Tanushree Ganguly, Director of the Air Quality Life Index (AQLI), delivered several presentations on the role of air quality data in addressing air pollution at USAID workshops in Nepal. Like many South Asian countries, air pollution is a significant public health challenge in Nepal. But, can access to and utilization of air   more

University of Chicago: Study Finds Increase in Suicides Among Black and Latino Chicagoans
CHICAGO, Illinois, March 29 (TNSres) -- The University of Chicago issued the following news: When Asst. Prof. Janelle Goodwill first arrived in Chicago in 2020, she saw several news stories about gun violence in the city. But she also realized that many researchers had not yet explored a related, concerning trend. Suicides--particularly in Black communities--were increasing. "I noticed that there was a gap between what I was seeing in the media and this nascent, understudied area of empirical   more

University of Illinois System: With Contract Extension, Killeen Applauds System 'Firing on All Cylinders'
URBANA, Illinois, March 29 -- The University of Illinois System issued the following news: The University of Illinois Board of Trustees voted unanimously today to extend the contract of University of Illinois System President Tim Killeen for three years. The board had announced in February its intent to formalize the extension. Killeen's tenure has been marked by significant sustained progress in student enrollment, affordability, diversity, financial aid, research and statewide economic devel  more

Walgreens Boots Alliance Reports Fiscal 2024 Second Quarter Results
DEERFIELD, Illinois, March 29 (TNSres) -- Walgreens Boots Alliance, a pharmacy-led, health and wellbeing enterprise company, issued the following news release on March 28, 2024: * * * Second quarter financial highlights * Second quarter loss per share* was $6.85 compared to earnings per share of $0.81 in the year-ago quarter; Second quarter results included a $5.8 billion after-tax non-cash impairment charge related to VillageMD goodwill * Adjusted earnings per share (EPS)** increased 3.4 pe  more

Western Illinois University Alumna Makes History By Being The First Elected Black Woman to Lead a Prestigious Global Legal Journal
MACOMB, Illinois, March 29 (TNSres) -- Western Illinois University issued the following news release: Western Illinois University Political Science alumna, and Chicago, IL native Nashuba Hudson, has been named as the first Black woman elected to lead a prestigious global legal journal titled (Indiana Journal of Global Legal Studies) at the Maurer School of Law of Indiana University of Bloomington. While at WIU, she worked as a student administrative aide in the Office of the President, Vice Pr  more

Western Illinois University: Dillard to Deliver Hallwas Liberal Arts Lecture 2024
MACOMB, Illinois, March 29 -- Western Illinois University issued the following news release on March 28, 2024: Western Illinois University will celebrate its 21st anniversary of the annual John Hallwas Liberal Arts Lecture. This year, WIU Trustee, Locke Lord LLP Partner, Regional Transportation Authority Chair and former State Senator Kirk Dillard will present on "The Value of a Liberal Arts Education in 2024," at 7 p.m. Tuesday, April 9 in the University Union Grand Ballroom. Senator Dillard   more