Sunday - November 24, 2024
State Tipoffs Involving Pennsylvania Newsletter for Tuesday October 08, 2024 ( 11 items )  

Dechert Advises GIC on Acquisition of Minority Stake in Reworld From EQT
PHILADELPHIA, Pennsylvania, Oct. 8 -- Dechert, a law firm, issued the following news: Dechert advised GIC, a leading global investor, on a recent agreement to acquire a 25% minority stake in Reworld, a provider of sustainable waste solutions, from the EQT Infrastructure V fund. EQT will remain the largest shareholder after the transaction closes in Q1 2025, pending customary conditions and approvals. Reworld has quickly become a leader in sustainable waste solutions, providing innovative and  more

Duane Morris Welcomes Corporate, Gaming Law Partner Sara Gonso Tait in Chicago
PHILADELPHIA, Pennsylvania, Oct. 8 -- Duane Morris, a law firm, issued the following news release: CHICAGO, October 7, 2024 - Sara Gonso Tait has joined Duane Morris LLP as a partner in the firm's Corporate Practice Group in its Chicago office. Prior to joining Duane Morris, Tait was a partner at Ice Miller LLP. "Duane Morris has one of the nation's leading gaming practices, with experienced attorneys in every aspect of gaming operations and strong and broad client base. Without a doubt, Sara   more

Juniata College Women's Volleyball Makes History With Record-Breaking NCAA Volleyball Winning Streak
HUNTINGDON, Pennsylvania, Oct. 8 -- Juniata College issued the following news: Juniata College Women's Volleyball has soared into the record books, shattering the second longest NCAA volleyball all-time winning streak with an unprecedented 76 consecutive victories. This monumental achievement cements the Eagles' legacy of dominance and determination, showcasing the team's relentless pursuit of excellence on and off the court. The top three longest runs of consecutive wins in NCAA women's voll  more

K&L Gates Advises Elka Capital on Residential Land Lease Joint Venture With Assembly Funds Management
PITTSBURGH, Pennsylvania, Oct. 8 -- K&L Gates, a law firm, issued the following news release: Global law firm K&L Gates has advised Elka Capital Pty Limited (Elka Capital) in a joint venture with Assembly Funds Management (AFM) to acquire two sites in northern Victoria. This initiative is part of a broader plan to develop a portfolio of over 10 communities valued at more than AU$500 million. Together with AFM, Elka Capital aims to develop and manage 2,000 homes along Australia's east coast. Th  more

Lincoln Financial Releases Its Q4 Market Intel Exchange Report, A Comprehensive Analysis of Top Industry Trends and Themes on the Minds of Investors.
RADNOR, Pennsylvania, Oct. 8 (TNSres) -- The Lincoln Financial Group issued the following news release: * * * This quarter's report highlights the impacts of the Federal Reserve's rate cutting cycle and market expectations surrounding presidential elections. * * * Lincoln Financial (NYSE: LNC) released its latest edition of Market Intel Exchange, curated from the firm's in-house investment expertise and in partnership with industry-leading asset managers, known as Lincoln's Multimanager Plat  more

NPR's Morning Edition & WHYY Present We, the Voters..., a Special Live Event
WASHINGTON, Oct. 8 -- NPR [National Public Radio] issued the following news release: NPR's Morning Edition and WHYY are teaming up for a live discussion of the 2024 election with questions from an in-person audience and input from expert panelists. In this election Pennsylvania might play an out-sized role in helping elect the next president of the United States. This swing state has 19 Electoral College votes and is arguably the main focus for both campaigns. Morning Edition will lay out what  more

Pa. A.G. Henry: Central Pa. Chiropractor Allegedly Misled Patients About Insurance Coverage, Leading to Out-of-Pocket Payments
HARRISBURG, Pennsylvania, Oct. 8 -- Pennsylvania Attorney General Michelle Henry issued the following news on Oct. 7, 2024: Attorney General Michelle Henry recently filed a lawsuit against a Mechanicsburg-based chiropractor alleging that he misled patients into thinking their care would be covered by their insurance. Jason Michael Fullmer's misleading insurance representations often led to out-of-pocket payments from patients, who were threatened with debt collection if they did not pay. Ful  more

Pa. Auditor General DeFoor Releases Audits of Municipal Pension Plans in 15 Counties
HARRISBURG, Pennsylvania, Oct. 8 -- Pennsylvania Auditor General Timothy DeFoor issued the following news release on Oct. 7, 2024: Auditor General Timothy L. DeFoor today announced the release of audits of 43 municipal and police pension plans in Allegheny, Chester, Clearfield, Delaware, Lackawanna, Lancaster, Lebanon, Lehigh, Luzerne, Mercer, Montgomery, Northumberland, Schuylkill, Somerset and Westmoreland counties. "Our audits make sure state pension aid is used as required by law, which he  more

PSERS Member Re-Elected to Board of Trustees
HARRISBURG, Pennsylvania, Oct. 8 -- The Pennsylvania Public School Employees' Retirement System issued the following news: * * * Trustee Ann Monaghan will begin a new 3-year term in 2025 * * * Incumbent Trustee Ann Monaghan has been re-elected to a new term on the Board of Trustees of the Pennsylvania Public School Employees' Retirement System (PSERS). Monaghan won approximately 75% of the 5,772 ballots cast in the two-way race for the Board's Active Non-Certified Member seat, according to   more

Treasurer Stacy Garrity: New Rainy Day Fund Investment Strategy Increases Earnings by $50 Million
HARRISBURG, Pennsylvania, Oct. 8 -- The Pennsylvania Treasurer issued the following news release on Oct. 7, 2024: * * * New investment pool was created by the Treasurer to bolster the RDF one year ago * * * Treasurer Stacy Garrity today announced that the Rainy Day Fund has generated $400 million in earnings since she implemented a new investment strategy in October 2023. That's $50 million more than would have been generated without the improvement. * * * "Our new investment strategy is   more

Unisys Named a Disruptor in Avasant's 2024 Freight and Logistics Digital Services RadarView Report
BLUE BELL, Pennsylvania, Oct. 8 (TNSres) -- Unisys, a technology solutions company, issued the following news release: * * * AI-powered innovation and proprietary cloud-based solutions position Unisys at the forefront of air cargo optimization * * * Unisys (NYSE: UIS) has been recognized as a Disruptor in Avasant's 2024 Freight and Logistics Digital Services RadarView report (https://www.unisys.com/analyst-report/ecs/avasant-recognizes-unisys-as-a-disruptor-in-2024-freight-and-logistics-digi  more