Wednesday - November 27, 2024
State Tipoffs Involving Illinois Newsletter for Wednesday October 30, 2024 ( 26 items )  

Allstate Expands Support for All College Sports, Athletes
NORTHBROOK, Illinois, Oct. 29 -- Allstate, a property and casualty insurance company, issued the following news release on Oct. 28, 2024: * * * Good Hands nets program will fund more opportunities for all student-athletes; expanded Good Works Team for all sports to increase athletes' impact in communities. * * * Allstate today announced a new chapter in its longstanding support of college athletics that will spotlight and elevate all sports and all athletes. As part of this effort, Allstate   more

Convergint and Deloitte Forge Alliance to Address Rising Demand for Integrated Cyber-Physical Security Solutions
SCHAUMBURG, Illinois, Oct. 29 -- Convergint Technologies, a designer of electronic security, fire alarm and life safety systems, issued the following news release: * * * Strategic Alliance Combines Advisory Knowledge and Last-Mile Service Delivery to Combat Physical and Cyber Threats, Enhancing Resilience for Critical Infrastructure * * * Convergint, a global leader in service-based security systems integration, has announced a strategic alliance with Deloitte. This new alliance provides pow  more

Destiny Johnson Named McKendree University's 2024-2025 Student Laureate
LEBANON, Illinois, Oct. 30 -- McKendree University issued the following news release: Destiny Johnson, a senior from Maryville, Ill., was recently named this year's recipient of the Abraham Lincoln Civic Engagement Award and Student Laureate of the Lincoln Academy of Illinois. This is the state's highest student honor for leadership, service and excellence in curricular and extracurricular activities, and it is awarded to a noteworthy senior from each college and university. Johnson and other t  more

Hyatt and Grupo Pinero Announce Plans to Form Strategic Venture for Growth of Bahia Principe Hotels & Resorts Brand
CHICAGO, Illinois, Oct. 29 -- Hyatt Hotels Corp., a hospitality company, issued the following news release: * * * Strategic joint venture will strengthen Hyatt's position as a global leader in the all-inclusive space and boost the growth of Grupo Pinero's hotel division and its ability to reach new clients in key markets * * * CHICAGO, IL / PALMA DE MALLORCA, SPAIN (October 28, 2024) - Hyatt Hotels Corporation (NYSE: H) today announced plans for affiliates of Hyatt and Grupo Pinero to enter   more

Hyatt Centric Cairo West Opens Its Doors and Welcomes Guests to a Vibrant Lifestyle and Art-Focused Stay Experience
CHICAGO, Illinois, Oct. 29 -- Hyatt Hotels Corp., a hospitality company, issued the following news release: * * * A unique fusion of Egyptian culture, heritage, and contemporary art awaits at Cairo West's first art-centered lifestyle hotel * * * Hyatt Centric Cairo West proudly announces its debut as the first art-centered lifestyle hotel in Cairo, offering a contemporary stay that embodies the rich cultural heritage and vibrant art scene of Egypt. Nestled in the heart of the bustling city,   more

ILL. A.G. RAOUL REMINDS FAMILIES TO CHECK SEX OFFENDER REGISTRY TO ENSURE A SAFE HALLOWEEN
CHICAGO, Illinois, Oct. 30 -- Illinois Attorney General Kwame Raoul issued the following news release on Oct. 29, 2024: Attorney General Kwame Raoul is reminding parents and guardians to check the state's sex offender registry (https://isp.illinois.gov/Sor) before finalizing Halloween plans and determining trick-or-treat routes for their children. "With many families planning Halloween activities this week, I am encouraging parents, grandparents and guardians to keep their families safe by che  more

Ill. Gov. Pritzker Announces Investments in Voortman Steel Machinery's Monee Expansion
MONEE, Illinois, Oct. 30 -- Gov. JB Pritzker, D-Illinois, issued the following news release on Oct. 29, 2024: * * * State of Illinois incentive package supports advanced manufacturing * * * Governor JB Pritzker joined the Illinois Department of Commerce and Economic Opportunity (DCEO) and Voortman Steel Machinery leadership to announce new investments in the company's expansion in Monee. Voortman's $51.4 million investment in capital expenditures, bolstered by an Economic Development for a G  more

Ill. House Democratic Caucus: State Rep. Gordon-Booth to Host Annual Senior Fall Luncheon Saturday, Nov. 9
SPRINGFIELD, Illinois, Oct. 30 -- The Illinois House Democratic Caucus issued the following news on Oct. 29, 2024: * * * Asks Attendees to RSVP * * * PEORIA, Ill. - With seating limited, state Rep. Jehan Gordon-Booth, D-Peoria, is encouraging local seniors to RSVP for her free Senior Fall Luncheon scheduled for Saturday, Nov. 9 from 11 a.m. to 2 p.m. at Childers Banquet and Catering Center, located at 3113 N. Dries. Ln. in Peoria. "This is one of my favorite events of the year, I love seein  more

Ill. Senate Democratic Caucus: State Sen. Faraci Introduces Measure to Protect Mahomet Aquifer From Sequestration Activity
SPRINGFIELD, Illinois, Oct. 29 -- The Illinois Senate Democratic Caucus issued the following news on Oct. 28, 2024: CHAMPAIGN - State Senator Paul Faraci has introduced legislation to prohibit carbon capture and sequestration activities over, under or through the Mahomet Aquifer - a vital sole-source aquifer supplying clean drinking water to over 500,000 residents across 14 counties in East Central Illinois. "The Mahomet Aquifer is a lifeline for many residents, and while carbon sequestration   more

Ill. Senate Democratic Caucus: State Sen. Fine Hosts Subject Matter Hearing on Responsibly Funding Access to Mental Health Care Services
SPRINGFIELD, Illinois, Oct. 30 -- The Illinois Senate Democratic Caucus issued the following news on Oct. 29, 2024: Senate Behavioral and Mental Health Chair Laura Fine held a joint subject matter hearing with State Representative Lindsey LaPointe Monday to discuss funding for addiction resources and treatments. "As health care needs continue to evolve, it is crucial that we reflect on responsible investments to address equitable access of such care," said Fine (D-Glenview). "Hearing from subj  more

Jones Lang LaSalle: Financial Services Firms Redesign Wealth Management Spaces for Next-Gen Clients
CHICAGO, Illinois, Oct. 29 (TNSres) -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL's new Wealth Management Branch Benchmarking Survey reveals shifting real estate strategies in anticipation of substantial wealth transfer to millennials * * * The global wealth management market is poised for exponential growth through 2030, with the human advisory segment leading the way. According to JLL's 2024 Wealth Management Branch Ben  more

Jones Lang LaSalle: Industrial Property in Los Angeles, Calif. Sells for $59.9M
CHICAGO, Illinois, Oct. 29 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitates the sale of 918 S. Stimson Ave., a 282,377 SF distribution facility * * * LOS ANGELES, Oct. 28, 2024 - JLL Capital Markets announced today the $59.9M sale of a 282,377-square-foot industrial property located at 918 S. Stimson Ave. in the City of Industry, California. JLL represented the sellers in the transaction. Ardmore  more

Jones Lang LaSalle: Twin Canyon Shopping Center in San Ramon, California, Changes Hands for $9M
CHICAGO, Illinois, Oct. 29 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets facilitated the sale of a value-add retail strip center in an off-market transaction * * * SAN FRANCISCO, Oct. 28, 2024 - JLL Capital Markets announced today that it has closed the $9 million sale of Twin Canyon Shopping Center, a 23,149-square-foot retail strip center located in San Ramon, California. JLL represented the seller, a p  more

Kirkland Advises Advent International on Acquisition of Volue Alongside Arendals Fossekompani and Generation Investment Management
CHICAGO, Illinois, Oct. 29 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Advent International on a voluntary tender offer to acquire the shares in Oslo-listed Volue ASA, a Norwegian-headquartered supplier of software and data solutions to the energy and infrastructure sectors. Arendals Fossekompani, an Oslo-listed industrial investment platform, will reinvest alongside a consortium comprising Advent International and sustainable investment firm   more

Kirkland Advises BC Partners on Sale of Majority Stake in GardaWorld
CHICAGO, Illinois, Oct. 28 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised BC Partners, a leading international investment firm, on an agreement to sell the majority of its interest in Garda World Security Corporation (GardaWorld), a global leader in the security industry. The recapitalization transaction values GardaWorld at C$13.5bn and will see Founder, Chairman, President and CEO Stephan Cretier, together with select members of management, acq  more

MAYER BROWN ADVISES ON THE WINNING 'BEST TRANSPORTATION PROJECT' AT P3 BULLETIN'S ANNUAL AWARDS
CHICAGO, Illinois, Oct. 28 -- Mayer Brown, a law firm, issued the following news: Mayer Brown advised on the Brightline Trains Florida (Brightline) project, which was named the winner of P3 Bulletin's 2024 "Best Transportation Project: Transportation System." The annual P3 awards series recognizes outstanding achievements in public-private partnerships across the Americas. This marks the seventh time Mayer Brown has been recognized at the P3 Awards in the past nine years. The firm advised Morg  more

MAYER BROWN PARTNER MAXIMILLIAN DEL REY APPOINTED CO-CHAIR OF NAPABA'S IMMIGRATION COMMITTEE
CHICAGO, Illinois, Oct. 29 -- Mayer Brown, a law firm, issued the following news: Washington DC - Mayer Brown Employment & Benefits partner Maximillian Del Rey has been appointed co-chair of the National Asian Pacific American Bar Association's (NAPABA) Immigration Committee. Max participates in NAPABA's Partners Summit, which includes interactive programming designed to deepen relationships and bolster the collective impact of Asian American, Native Hawaiian, and Pacific Islander (AANHPI) law  more

MAYER BROWN SECURES LANDMARK NINTH CIRCUIT VICTORY FOR CLASS OF ASYLUM SEEKERS
CHICAGO, Illinois, Oct. 29 -- Mayer Brown, a law firm, issued the following news: Mayer Brown secured a significant pro bono victory in the Ninth Circuit Court of Appeals for individuals seeking access to the US asylum process. Since 2018, Mayer Brown, along with co-counsel from the American Immigration Council, Center for Constitutional Rights, the Center for Gender & Refugee Studies, and Democracy Forward, has represented nonprofit Al Otro Lado and a certified class of thousands of asylum se  more

McDermott Will & Emery Represents Inhibikase Therapeutics in Its Financing of Up to $275 Million
CHICAGO, Illinois, Oct. 29 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery represented Inhibikase Therapeutics, Inc. (Nasdaq: IKT) (Inhibikase), a clinical-stage pharmaceutical company, in connection with its $110 million private placement with potential aggregate financing up to $275 million if all warrants are exercised. Inhibikase develops Abelson Tyrosine Kinase inhibitor therapeutics to modify the course of Cardiopu  more

McDermott Will & Emery Strengthens Global Private Equity Offering With New Hire in London
CHICAGO, Illinois, Oct. 30 -- McDermott Will and Emery, a law firm, issued the following news release: International law firm McDermott Will & Emery welcomes Jason Zemmel as a partner in its Transactions Practice Group. Based in London, Jason's practice is focused on mergers and acquisitions (M&A) and private equity (PE) matters within the healthcare sector. "Jason's appointment illustrates our ambition to further strengthen and supercharge our London and PE benches," said Harris Siskind, glob  more

Medill School of Journalism: Applications Now Open for George R.R. Martin Summer Intensive Writing Workshop
EVANSTON, Illinois, Oct. 29 -- Northwestern University's Medill School of Journalism issued the following news: * * * Seeking journalists launching careers in creative writing * * * Applications are now open for the second George R.R. Martin Summer Intensive Writing Workshop at Northwestern University's Medill School of Journalism, Media, Integrated Marketing Communications. Taught by award-winning novelists and writing instructors, this seven-day, fully-funded writing intensive will suppor  more

N.J. Gov. Murphy: Governors of New Jersey, Pennsylvania, Illinois, Maryland, Delaware Issue Joint Letter to Grid Operator PJM
TRENTON, New Jersey, Oct. 30 -- Gov. Phil Murphy, D-New Jersey, issued the following news release on Oct. 29, 2024: * * * Letter calls on PJM to address record-high electricity capacity prices in the five states * * * On Friday, Governor Phil Murphy joined Pennsylvania Governor Josh Shapiro, Illinois Governor JB Pritzker, Maryland Governor Wes Moore, and Delaware Governor John Carney in issuing a letter to PJM Interconnection, the grid operator for New Jersey and the aforementioned states. T  more

Researchers develop approach to accurately predict pneumonia outcomes
EVANSTON, Illinois, Oct. 29 -- Northwestern University issued the following news release: Win Reynolds Journal: PNAS EVANSTON, Ill. - Two patients being treated for pneumonia, an infection that causes difficulty breathing due to fluid-filled sacs in the lungs, can look vastly different and have opposing outcomes. Yet doctors struggle to accurately predict patients' prognoses and determine the most effective treatments. Now, by applying a sophisticated machine-learning approach to electronic   more

Treasurer Frerichs Makes $130 Million In Investment Earnings for State Portfolio During September
SPRINGFIELD, Illinois, Oct. 29 -- The Illinois State Treasurer issued the following news release on Oct. 28, 2024: * * * $91.7 million earned for cities, school districts through Illinois Funds * * * The State Treasurer's Office made more than $130 million in investment earnings from the state investment portfolio in September, Illinois Treasurer Michael Frerichs announced today. Treasurer Frerichs is the state's Chief Investment and Banking Officer. He is responsible for investing revenue   more

Whooping cough is not only a pediatric disease; vaccine does not protect for life
EVANSTON, Illinois, Oct. 29 -- Northwestern University issued the following news release: Kristin Samuelson CHICAGO - Health officials are sounding the alarm as cases of whooping cough, also known as pertussis, surge across the nation. It is important to remember whooping cough is not only a pediatric disease, says Northwestern University pediatric infectious disease expert Dr. Tina Tan, who recently was named president of the Infectious Diseases Society of America. "Adolescents and adults se  more

Whooping cough is surging. Here's what you should know.
EVANSTON, Illinois, Oct. 29 -- Northwestern University issued the following news release: Kristin Samuelson CHICAGO - Health officials are sounding the alarm as cases of whooping cough, also known as pertussis, surge across the nation. It is important to remember whooping cough is not only a pediatric disease, says Northwestern University pediatric infectious disease expert Dr. Tina Tan, who recently was named president of the Infectious Diseases Society of America. "Adolescents and adults se  more