Friday - May 3, 2024
State Tipoffs Involving Illinois Newsletter for Wednesday April 03, 2024 ( 30 items )  

Crowe Bolsters Texas Presence With Addition of Belt Harris Pechacek
CHICAGO, Illinois, April 3 -- Crowe, a public accounting, consulting and technology firm, issued the following news release: Crowe LLP, a public accounting, consulting and technology firm in the U.S. with offices around the world, has entered into an agreement with Belt Harris Pechacek LLLP (BHP), a firm dedicated exclusively to providing audit and support services to local Texas governments, for the BHP team to join Crowe. The transaction, which is expected to close in the next 30 days, will f  more

Dominican University Welcomes New Leaders in Human Resources, Hispanic-Serving Initiatives
RIVER FOREST, Illinois, April 3 -- Dominican University issued the following news release: Two leaders with professional backgrounds in diversity and inclusion building have joined Dominican University in newly created roles. Dr. Gail Phoenix, vice president of people and culture, and Dr. Lizette Rivera, director of Hispanic-serving initiatives and the Title V project, were welcomed by the university in March following nationwide searches. Phoenix steps into a newly created position that inc  more

Give Green, Give Back During All In for Illinois Wesleyan University on April 9
BLOOMINGTON, Illinois, April 3 -- Illinois Wesleyan University issued the following news release: By giving green during All In for Wesleyan on Tuesday, April 9, Titan supporters can contribute to the growth of students and programs at Illinois Wesleyan University. All In for Wesleyan is an annual fundraising campaign dedicated to providing opportunities for current and future IWU students by generating financial support for student scholarships, research, experiential learning, updated techn  more

ILL. A.G. RAOUL FILES LAWSUIT TO DEFEND ILLINOIS RESIDENTS FROM PREDATORY PERSONAL LENDING COMPANY
CHICAGO, Illinois, April 3 -- Illinois Attorney General Kwame Raoul issued the following news release on April 2, 2024: Attorney General Kwame Raoul announced today that Illinois joined a multistate lawsuit (https://ilag-dev.dotcms.cloud/dA/94d7f053-243e-4a0a-9c9b-8834238e3c2d/fileAsset/US_DIS_PAED_2_22cv3253_d75853018e4903_AMENDED_COMPLAINT_Second_against_MARINER_FINANCE_L.pdf) against Mariner Finance for violations of multiple consumer protection laws. The suit alleges that Mariner Finance ch  more

Ill. Senate Republicans Introduce Legislation to Reform Prisoner Review Board
CHICAGO, Illinois, April 3 -- The Illinois Senate Republicans issued the following news: In the wake of a decision by Governor JB Pritzker's Prisoner Review Board to release a dangerous felon with a history of domestic violence accused of murdering an 11-year-old boy less than 24 hours after his release, the Illinois Senate Republican Caucus is introducing fundamental reforms that would put victims first, remove politics from the appointment process, and hold members accountable for their decis  more

Illinois State Treasurer Frerichs Encourages Families to Save for College, Receive Free Admission to Peoria PlayHouse Children's Museum Saturday, April 6
SPRINGFIELD, Illinois, April 3 -- Illinois State Treasurer Michael Frerichs issued the following news release: Illinois State Treasurer Michael Frerichs is partnering with the Peoria PlayHouse Children's Museum for a free admission day to encourage families to start saving early for college. "The best time to start saving for college is yesterday," Frerichs said. "The second-best time to start saving is today." The State Treasurer's Office and Peoria PlayHouse are promoting Illinois 529 colle  more

Journalists From The New York Times Awarded the 2023 James Foley Medill Medal for Courage
EVANSTON, Illinois, April 3 -- Northwestern University's Medill School of Journalism issued the following news: Julie Turkewitz and Federico Rios of The New York Times have been awarded the 2023 James Foley Medill Medal for Courage in Journalism for their exclusive coverage of migration through the Darien Gap, a 66-mile stretch of densely forested jungle across northern Colombia and southern Panama. The award is given by the Medill School of Journalism, Media, Integrated Marketing Communication  more

Kirkland & Ellis Advises Advent International on $6.3B Acquisition of Nuvei
CHICAGO, Illinois, April 2 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising private equity firm Advent International on its proposed $6.3 billion acquisition of Canada-based global payments processor Nuvei Corporation (Nasdaq: NVEI) (TSX: NVEI). The transaction was announced April 1, 2024. Under the terms of the definitive agreement, shareholders will receive US$34.00 per share in cash. Canadian shareholders Philip Fayer, Novacap and CDPQ will   more

Kirkland Advises Avetta on Sale to EQT
CHICAGO, Illinois, April 3 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised supply chain risk management software firm Avetta on its sale to EQT Private Equity, which is buying the company from private equity firm Welsh, Carson, Anderson & Stowe. The transaction was announced April 2, 2024 and is expected to close in the coming months, pending customary closing conditions and regulatory approvals. Financial details were not disclosed. Avetta's inn  more

Kirkland Advises BC Partners on Sale of Presidio to Clayton Dubilier & Rice
CHICAGO, Illinois, April 3 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising BC Partners on a definitive agreement in which funds affiliated with private equity firm Clayton Dubilier & Rice will purchase a majority ownership position in BC Partners-owned Presidio, a leading technology services and solutions provider. As part of the transaction, funds affiliated with BC Partners will retain a minority ownership interest in Presidio. The transacti  more

Kirkland Advises KKR on Acquisition of Controlling Interest in SunFire
CHICAGO, Illinois, April 3 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland is advising investment firm KKR on its acquisition of a controlling interest in SunFireMatrix, Inc. from alternative investment firm Stone Point Capital LLC and the management team, which will continue to maintain a minority ownership position. SunFireMatrix is a cloud-based technology platform providing Medicare Advantage, prescription drug and Medicare supplement plan quoting and enrollm  more

Kirkland Advises on Close of Arctos Sports Partners Fund II
CHICAGO, Illinois, April 3 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised private investment firm Arctos on the close of Arctos Sports Partners Fund II ("Fund II"), the latest iteration of its flagship sports fund. Fund II, along with co-investment and parallel affiliated vehicles, closed with over $4.1 billion in capital commitments from a diverse group of global investors, including some of the world's leading pension funds, retirement systems,  more

Kirkland Advises Wind Point-Backed Quantix on Its Acquisition of CLX Logistics
CHICAGO, Illinois, April 3 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis represented Wind Point Partners-backed Quantix, North America's leading supply chain services company to the chemical industry, on its acquisition of CLX Logistics. CLX has a 25+ year history of providing transportation management systems, managed services, supply chain consulting, brokerage, liquid bulk 3PL, intermodal, rail, international services and industry-leading technology   more

LEADING TAX CONTROVERSY LITIGATOR JOINS MCDERMOTT WILL & EMERY IN CHICAGO
CHICAGO, Illinois, April 3 -- McDermott Will and Emery, a law firm, issued the following news release on April 2, 2024: International law firm McDermott Will & Emery welcomes Susan Ryba to its Tax Practice Group as a partner based in Chicago. A highly sought-after tax controversy litigator, Susan represents high-profile technology, healthcare and pharmaceutical clients at all stages of the federal tax controversy life cycle. She joins from Baker McKenzie, where she served as chair of its Chicag  more

MAYER BROWN HONORED AT IFLR ASIA PACIFIC AWARDS 2024
CHICAGO, Illinois, April 3 -- Mayer Brown, a law firm, issued the following news: Mayer Brown won two Deal of the Year awards at the IFLR Asia Pacific Awards 2024: * High-Yield Deal of the Year for PT Medco Energi Internasional's global bond deal, which was the first high-yield bond from Indonesia in 2023 and the only one successfully issued by an Indonesian company that year. Corporate & Securities partners Jason Elder (New York) and Nishrin Hussain (Hong Kong) led the Mayer Brown team, repre  more

MCDERMOTT WILL & EMERY PROVIDES PRO BONO SUPPORT TO CYBERSECURITY AND INFRASTRUCTURE SECURITY AGENCY INITIATIVE
CHICAGO, Illinois, April 3 -- McDermott Will and Emery, a law firm, issued the following news release on April 2, 2024: International law firm McDermott Will & Emery collaborated with the Joint Cyber Defense Collaborative (JCDC) on the High-Risk Communities Protection effort to defend high-risk communities, including civil society organizations, against cyberattacks. With insights from industry, civil society and interagency participants, the Cybersecurity and Infrastructure Security Agency (CI  more

MCDERMOTT WILL & EMERY REPRESENTS GEISINGER HEALTH IN INAUGURAL TRANSACTION WITH RISANT HEALTH, KAISER FOUNDATION HOSPITALS
CHICAGO, Illinois, April 3 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery represented Geisinger Health, a $10 billion health provider, health insurer and medical school, in its sale to Risant Health, a nonprofit organization created by Kaiser Foundation Hospitals. The transaction closed on March 31, 2024. Geisinger Health is the first integrated delivery system to join Risant Health, an organization dedicated to improvi  more

Nixon Peabody Adds Accomplished Patent Litigators Tim Maloney, Karl Fink to Growing IP Practice
CHICAGO, Illinois, April 3 -- Nixon Peabody, a law firm, issued the following news release: Further expanding its rapidly growing Intellectual Property practice, Nixon Peabody LLP welcomes veteran litigation attorneys Tim Maloney, who joins as partner, and senior counsel Karl Fink, to the firm's Chicago office. Tim and Karl are both experienced trial lawyers with a winning track record litigating all aspects of intellectual property enforcement and defense with a particular emphasis on patent   more

NORTHERN TRUST ASSET MANAGEMENT NAMES CIO OF GLOBAL FIXED INCOME
CHICAGO, Illinois, April 3 -- Northern Trust, an international financial services company, issued the following news release on April 2, 2024: Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.18 trillion in assets under management as of December 31, 2023, announced today that Christian (Chris) Roth has been hired as Chief Investment Officer of Global Fixed Income. Roth brings more than three decades of financial industry experience to the role. He joi  more

Northwestern Pritzker Law Named #1 Go-To Law School: Big Law
CHICAGO, Illinois, April 3 -- The Northwestern University's Pritzker School of Law issued the following school news: Northwestern Pritzker School of Law has been ranked number one in Law.com's Go-To Law Schools: Big Law (https://www.law.com/2024/03/14/longtime-go-to-law-schools-leader-dethroned-in-2024-rankings/) report for 2024. The report ranks the 50 law schools that sent the highest percentage of 2023 JDs into associate jobs at the nation's largest 100 law firms. Northwestern jumped from a   more

Northwestern School of Medicine: Implantable Sensor Enables Patients and Physicians to Monitor Bladder Function
CHICAGO, Illinois, April 3 (TNSres) -- Northwestern University's Feinberg School of Medicine issued the following news release: * * * Gotta go? New bladder device lets you know * * * Should you run to the bathroom now? Or can you hold it until you get home? A new implant and associated smartphone app may someday remove the guess work from the equation. Northwestern University scientists have developed a new soft, flexible, battery-free implant that attaches to the bladder wall to sense fill  more

Pa. A.G. Henry Announces Six New States Have Joined Lawsuit Against Predatory Lender That Bilked Hundreds of Millions From Consumers in Hidden Add-On Fees
HARRISBURG, Pennsylvania, April 3 -- Pennsylvania Attorney General Michelle Henry issued the following news: Attorney General Michelle Henry announced that six new states have joined Pennsylvania in its federal lawsuit against Mariner Finance regarding widespread violations of multiple consumer protection laws that cost consumers hundreds of millions of dollars. Illinois, Indiana, New York, North Carolina, Tennessee, and Wisconsin filed a Motion to Intervene in the lawsuit, which the court gra  more

Sidley Adds Partner John Godfrey to Global M&A and Private Equity Practice in New York
CHICAGO, Illinois, April 3 -- Sidley Austin, a law firm, issued the following news release: Sidley is pleased to announce that John C. Godfrey has joined Sidley's M&A and Private Equity practice as a partner in New York. Mr. Godfrey joins Sidley from Paul, Weiss, Rifkind, Wharton & Garrison LLP where he served as a member of that firm's M&A and PE practices. This follows the addition of a team of 11 lawyers from Paul, Weiss in the last 10 months. Mr. Godfrey has over a decade of experience in   more

SIU Hosts Virtual Discussion on 'Queerness and Television' April 9
CARBONDALE, Illinois, April 3 -- Southern Illinois University issued the following news release: Award-winning filmmakers Joey Soloway and Silas Howard will discuss bringing queer, trans and LGTBQ+ identities to the screen during their virtual presentation at Southern Illinois University Carbondale on Tuesday, April 9. The free discussion, "Queerness and Television," is at 3 p.m. in the Communications Building Northlight Studio, Room 1251, or virtually via Zoom (https://zoom.us/j/7852077786#su  more

These 7 Famous People Lived a Stone's Throw From Concordia-Chicago
FOREST, Illinois, April 3 -- Concordia University Chicago issued the following news: If you've spent any time in Concordia University Chicago's surrounding neighborhood, chances are you've heard the names Frank Lloyd Wright and Ernest Hemingway come up often. While these are two of our area's most famous figures, there are many more interesting people of note from Oak Park and River Forest, including these seven: 1. Dan Castellaneta: You may not know his face, but you surely recognize his voic  more

TransUnion and MRI-Simmons Collaborate to Enable Addressability Throughout the Advertising Ecosystem
CHICAGO, Illinois, April 3 -- TransUnion, a risk information provider, issued the following news release on April 2, 2024: TransUnion (NYSE: TRU) today announced a partnership with MRI-Simmons, a leading provider of insights on the American consumer. As two leading data and technology companies, this collaboration will benefit clients with improved actionability across the addressable marketing ecosystem. MRI-Simmons data can now be layered on to the TransUnion identity spine, enhancing MRI-Si  more

UL Solutions Announces Launch of Initial Public Offering
NORTHBROOK, Illinois, April 3 -- The Underwriters Laboratories issued the following news release on April 2, 2024: UL Solutions Inc. ("UL Solutions") today announced the launch of its initial public offering (the "IPO") of 28,000,000 shares of its Class A common stock and the commencement of the roadshow for the IPO. The IPO price is expected to be between $26.00 and $29.00 per share. The offering consists entirely of secondary shares to be sold by UL Standards & Engagement, a nonprofit organiz  more

University of Chicago: First Results From BREAD Experiment Demonstrate a New Approach to Searching for Dark Matter
CHICAGO, Illinois, April 3 (TNSres) -- The University of Chicago issued the following news: One of the great mysteries of modern science is dark matter. We know dark matter exists thanks to its effects on other objects in the cosmos, but we have never been able to directly see it. And it's no minor thing--currently, scientists think it makes up about 85% of all the mass in the universe. A new experiment by a collaboration led by the University of Chicago and Fermi National Accelerator Laborato  more

University of Wisconsin-Whitewater: Warhawk Earns National Speech Language Pathology Scholarship
WHITEWATER, Wisconsin, April 3 -- The University of Wisconsin Whitewater campus issued the following news release: As a communication sciences and disorders major at the University of Wisconsin-Whitewater, Kelly Pollina has taken advantage of many opportunities offered to undergraduate students in the program, including research, community service and other hands-on projects. She recently earned an opportunity afforded to only 10 students from colleges and universities around the nation. In F  more

UTA Testing Hypersonic Materials in Arc-Jet Wind Tunnel
ARLINGTON, Texas, April 3 (TNSres) -- The University of Texas Arlington campus issued the following news release: * * * Researchers join project that will compare methods for testing hypersonic materials * * * Aerospace engineers at The University of Texas at Arlington are teaming with researchers from the University of Arizona and the University of Illinois at Urbana-Champaign to understand how to best reproduce flight-relevant hypersonic conditions. Luca Maddalena, professor of aerospace   more