Tuesday - November 26, 2024
State Tipoffs Involving Illinois Newsletter for Wednesday September 25, 2024 ( 12 items )  

AAR Awarded Five-Year Contract to Perform Airframe Maintenance for U.S. Navy's P-8A Poseidon Fleet
WOOD DALE, Illinois, Sept. 23 -- AAR, a provider of aviation services to commercial and government operators, issued the following news release: AAR CORP. (NYSE: AIR), a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has been awarded a five-year indefinite delivery / indefinite quantity contract with an aggregate ceiling value of approximately $1.2 billion by the U.S. Navy's Naval Air Systems Command (NAVAIR) to perform P-8A Poseidon depot airframe  more

Circana Launches U.S. Furniture Market Tracking, Delivers Comprehensive Household Room-by-Room Retail and Consumer Insights
CHICAGO, Illinois, Sept. 24 -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: * * * First-of-its-kind industry solution tracks sales, share of wallet, and buyer cross-shopping behaviors across hard-to-measure channels, such as direct-to-consumer and digital natives * * * Circana, a leading advisor on the complexity of consumer behavior, today launched U.S. furniture market tracking based on its Checkout receipt-  more

Kirkland Advises CapZone on Launch of U.S. Fund and Purchase of Alabama Shipyard
CHICAGO, Illinois, Sept. 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised CapZone Impact Investments in connection with the launch of the United Submarine Alliance (USA) Qualified Opportunity Fund LP, formed to enhance the capacity of the Submarine Industrial Base and support the Navy's critical submarine production requirements, with direction from the defense department's National Defense Industrial Strategy. Kirkland also advised CapZone on t  more

Kirkland Advises CPP Investments in Connection With New Corporate Structure of Axel Springer Group
CHICAGO, Illinois, Sept. 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising Canada Pension Plan Investment Board (CPP Investments) in connection with a change of the corporate structure of Axel Springer Group. Following the implementation of the new structure, the media business will be controlled by Friede Springer and Mathias Dopfner and the classifieds business will be controlled by KKR and CPP Investments. The transaction is expected to c  more

Kirkland Advises GCM Grosvenor's Infrastructure Advantage Strategy on Acquiring Equity Interest in Brookfield's Shepherds Flat
CHICAGO, Illinois, Sept. 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled GCM Grosvenor (NASDAQ: GCMG), a leading global alternative asset management firm, on its Infrastructure Advantage Strategy acquiring a 25% equity interest in Shepherds Flat, the largest repowered wind farm in North America, from Brookfield Asset Management (NYSE: BAM, TSX: BAM) and its institutional partners, including its listed affiliate Brookfield Renewable (NYSE: BEP,  more

Kirkland Advises Vista on $8.4B Acquisition of Smartsheet
CHICAGO, Illinois, Sept. 25 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising Vista Equity Partners on the $8.4 billion acquisition of workplace collaboration software maker Smartsheet, which was announced September 24, 2024. Funds managed by Vista and Blackstone agreed to purchase the company in an all-cash transaction. Under terms of the agreement, the buyers would acquire all the outstanding shares held by Smartsheet's shareholders for $56.50  more

Lake Forest College: Schneiderman Receives Illinois Arts Council Grant for AI-Themed Performance
LAKE FOREST, Illinois, Sept. 25 -- Lake Forest College issued the following news: Professor Davis Schneiderman has been awarded a Creative Catalyst Grant from the Illinois Arts Council (IAC) for an innovative stage performance exploring artificial intelligence through comedy and storytelling. The grant will support the development of a 90-minute stage show that aims to demystify AI for general audiences. Schneiderman, the Executive Director of the Krebs Center for the Humanities and Professor   more

McDermott Advises Meyer Family on Stabilization of Meyer Werft
CHICAGO, Illinois, Sept. 25 -- McDermott Will and Emery, a law firm, issued the following news release: Dusseldorf, September 24, 2024 - McDermott Will & Emery advised the Meyer family in relation to the agreements with the Federal Government and the State of Lower Saxony to stabilize the Meyer Werft. In particular, the agreements enable the Federal Government and the State of Lower Saxony to acquire a joint majority stake in Meyer Werft GmbH. It is planned that the Federal Government and the   more

McDermott Will & Emery Advises Aukera Energy on the Acquisition of a Photovoltaic Project in Germany
CHICAGO, Illinois, Sept. 25 -- McDermott Will and Emery, a law firm, issued the following news release: Frankfurt, September 24, 2024 - McDermott Will & Emery has advised Aukera Energy on the acquisition of a photovoltaic project in Rhineland-Palatinate, Germany, by way of a share deal. The seller is a German renewable energy project developer. The PV project is expected to have a capacity of 46 MW for photovoltaics and 40 MW for BESS. It is expected to be ready for construction by the first q  more

McDermott Will & Emery Represents Flourish Research in a Majority Investment From Genstar Capital
CHICAGO, Illinois, Sept. 25 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery represented NMS Capital (NMS) and its portfolio company Flourish Research (Flourish), a leading multi-site clinical trial organization focused on cardiovascular, metabolic, neuroscience and infectious disease therapeutic areas among others, in a strategic majority investment from Genstar Capital (Genstar), a leading private equity firm focused on   more

PROFILES IN DIVERSITY JOURNAL NAMES LAUREN PRYOR 2024 WOMAN WORTH WATCHING IN LEADERSHIP
CHICAGO, Illinois, Sept. 25 -- Mayer Brown, a law firm, issued the following news: Mayer Brown partner Lauren Pryor has been honored as a 2024 "Woman Worth Watching in Leadership" by Profiles in Diversity Journal. Lauren is recognized by the magazine for her successful career, leadership, and mentorship of young professionals in the legal industry. A co-leader of Mayer Brown's Financial Services practice and co-leader of the Financial Services M&A group, Lauren has led numerous marking-leadin  more

Winston & Strawn Adds Tax Partner Louis J. Jenull in Dallas
CHICAGO, Illinois, Sept. 25 -- Winston and Strawn LLP, a law firm, issued the following news release on Sept. 23, 2024: Dallas - September 23, 2024 - Winston & Strawn LLP announced today that Louis J. Jenull has joined the Dallas office as a partner in the Transactions Department and the Tax Practice. Louis advises clients in all phases of federal income taxation with an emphasis on a range of tax credits, renewable energy, oil and gas, mergers and acquisitions, environmental, safety and healt  more