BOSTON, Massachusetts, Aug. 20 -- Ropes and Gray, a law firm, issued the following news: Ropes & Gray advised the underwriters in Chimera Investment Corp.'s public offering of $74.75 million aggregate principal amount of its 9.250% senior notes due 2029. The transaction closed on Aug. 19. Chimera is a publicly traded real estate investment trust, or REIT, that is primarily engaged in the business of investing in mortgage assets through its subsidiaries on a leveraged basis. The team included  more

BOSTON, Massachusetts, Aug. 20 -- Foley Hoag, a law firm, issued the following news: Foley Hoag LLP represented Aggreko Energy Transition Solutions - a division of Aggreko, a global leader in energy solutions - in its acquisition of Infiniti Energy, a premier U.S.-based commercial and industrial solar company, from Upper Bay Infrastructure Partners (Upper Bay). The acquisition significantly expands Aggreko's distributed solar capabilities and asset base, by integrating Infiniti Energy's exper  more

BOSTON, Massachusetts, Aug. 20 -- Ropes and Gray, a law firm, issued the following news: The government recently published prices for the first 10 drug prices negotiated for the Medicare Drug Price Negotiation Program, claiming these will result in vast savings for government spending and beneficiary costs. The published list prices emerge under the landmark Inflation Reduction Act, which allowed the U.S. to set the prices of some of the most expensive and widely used drugs covered under Medica  more

BOSTON, Massachusetts, Aug. 20 -- The Massachusetts Auditor issued the following audit report (No. 2023-1272-3A) on Aug. 19, 2024, entitled "Audit of the Massachusetts Convention Center Authority." Here are excerpts: * * * TABLE OF CONTENTS EXECUTIVE SUMMARY...1 OVERVIEW OF AUDITED ENTITY...7 AUDIT OBJECTIVES, SCOPE, AND METHODOLOGY...12 DETAILED AUDIT FINDINGS WITH AUDITEE'S RESPONSE...19 1. The Massachusetts Convention Center Authority did not ensure that it met the annual benchmarks f  more

CONCORD, New Hampshire, Aug. 20 -- New Hampshire Attorney General John Formella issued the following news release: Attorney General John M. Formella announces that New Hampshire is filing an amicus curiae brief with the Massachusetts Supreme Judicial Court. This brief supports a Lowell (Massachusetts) District Court ruling that found Massachusetts' firearm regulations unconstitutional as applied to non-residents temporarily traveling to the state. The cases involve two New Hampshire residents w  more