Thursday - April 3, 2025
State Tipoffs Involving Illinois Newsletter for Tuesday March 04, 2025 ( 23 items )  

ATTORNEY GENERAL RAOUL RECOGNIZES NATIONAL CONSUMER PROTECTION WEEK, ANNOUNCES TOP 10 LIST OF CONSUMER COMPLAINTS
CHICAGO, Illinois, March 3 -- Illinois Attorney General Kwame Raoul issued the following news release: * * * ATTORNEY GENERAL RAOUL RECOGNIZES NATIONAL CONSUMER PROTECTION WEEK, ANNOUNCES TOP 10 LIST OF CONSUMER COMPLAINTS Home Repair and Remodeling Complaints Top List for Third Year in a Row; Identify Theft is Number Two Chicago - In recognition of National Consumer Protection Week, Attorney General Kwame Raoul today announced the Top 10 consumer complaints his office received last year an  more

Gov. Pritzker Breaks Ground on Wieland North America's Modernized East Alton Facility
SPRINGFIELD, Illinois, March 3 -- Gov. JB Pritzker, D-Illinois, issued the following news release: * * * Gov. Pritzker Breaks Ground on Wieland North America's Modernized East Alton Facility Wieland North America is investing $500 million to propel advanced manufacturing modernization EAST ALTON- Today, Governor JB Pritzker, Wieland Rolled Products North America, and the Illinois Department of Commerce and Economic Opportunity (DCEO) joined local leaders and partners to celebrate the ground  more

How Teamwork Drives Research Success at National University of Health Sciences
LOMBARD, Illinois, March 4 -- National University of Health Sciences issued the following news: * * * How Teamwork Drives Research Success at National University of Health Sciences On Feb 13, Claire Johnson, DC, MSEd, PhD, DACBSP, and Bart Green, DC, MSEd, PhD, DACBSP, delivered a presentation to the National University of Health Sciences (NUHS) community. Thirty-four attendees, including students and faculty, joined in to hear them discuss what it takes to successfully conduct research studi  more

How the brain deciphers the melody of speech
EVANSTON, Illinois, March 3 -- Northwestern University posted the following news release: * * * How the brain deciphers the melody of speech EVANSTON, Ill. --- You've probably heard the phrase, "It's not what you say, it's how you say it," and now, science backs it up. A first-of-its-kind study from Northwestern University's School of Communication, the University of Pittsburgh and the University of Wisconsin-Madison reveals a region of the brain, long known for early auditory processing, pla  more

Iowa State: Ideal Nitrogen Fertilizer Rates in Corn Belt Have Been Climbing for Decades, Study Shows
AMES, Iowa, March 4 -- Iowa State University issued the following news release: * * * Ideal nitrogen fertilizer rates in Corn Belt have been climbing for decades, study shows AMES, Iowa - The amount of nitrogen fertilizer needed to maximize the profitability of corn production in the Midwest has been increasing by about 1.2% per year for the past three decades, according to new Iowa State University research. The study, published last month in Nature Communications, analyzed data from prior   more

JD Supra Readers' Choice Awards Once Again Recognize McDermott as the Top Firm for Healthcare
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- McDermott Will and Emery, a law firm, issued the following news release: * * * JD Supra Readers' Choice Awards Once Again Recognize McDermott as the Top Firm for Healthcare March 3, 2025 - International law firm McDermott Will & Emery was named the Top Firm for Healthcare as part of the 2025 JD Supra Readers' Choice Awards. Additionally, four of McDermott's lawyers were recognized as top authors in their respective fields: * Alden Bian  more

Kirkland Advises Garnett Station Partners' Close of Oversubscribed Fund 5.0 at $1.2 Billion
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Advises Garnett Station Partners' Close of Oversubscribed Fund 5.0 at $1.2 Billion Kirkland & Ellis represented Garnett Station Partners ("Garnett Station" or "GSP"), a New York-based principal investment firm, on the formation and fundraising of GSP 5.0 Fund-A, L.P. and GSP 5.0 Fund-B, L.P. (collectively, the "Fund"), which achieved its hard cap of $1.2 bil  more

Kirkland Advises GCM Grosvenor on $189 Million Divestment of Equity Interest in Long Ridge Energy & Power
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Advises GCM Grosvenor on $189 Million Divestment of Equity Interest in Long Ridge Energy & Power Kirkland & Ellis advised GCM Grosvenor (Nasdaq: GCMG), a global leader in alternative investments, on the divestiture of its 49.9% equity interest in Long Ridge Energy & Power to FTAI Infrastructure (Nasdaq: FIP). As consideration therefore, Long Ridge Energy & P  more

Kirkland Advises Stone Point on Strategic Partnership with Keller Williams
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Advises Stone Point on Strategic Partnership with Keller Williams Kirkland & Ellis advised investment firm Stone Point Capital on a strategic partnership with Keller Williams, the world's largest real estate franchise by agent count. As part of the partnership, Stone Point is investing capital to help fuel Keller Williams' continued growth and innovation, wh  more

Kirkland Counsels Authentic Restaurant Brands on Addition of Tavern in the Square
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Counsels Authentic Restaurant Brands on Addition of Tavern in the Square Kirkland & Ellis advised Authentic Restaurant Brands (ARB), a platform of leading regional restaurant brands and a portfolio company of New York-based principal investment firm Garnett Station Partners, on a transaction whereby Tavern in the Square, the iconic New England polished-casua  more

Kirkland Named Global Fund Formation Law Firm of 2024 by PDI
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Named Global Fund Formation Law Firm of 2024 by PDI Private Debt Investor (PDI) named Kirkland 2024 "Law Firm of the Year - Fund Formation: Global." PDI's annual awards celebrate the achievements of managers, institutional investors and advisers across the industry. Kirkland was recognized for advising on more than 180 credit funds during the award's 12-mo  more

Kirkland Named North American Fund Formation Law Firm of 2024 by PERE
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Named North American Fund Formation Law Firm of 2024 by PERE Private Equity Real Estate (PERE) named Kirkland 2024 "North American Law Firm of the Year - Fund Formation." PERE's annual awards recognize the private real estate industry's most significant achievements among managers, investors, executives, fundraises, deals and more. Kirkland was noted for r  more

Kirkland Partner Kat Li Receives 2025 J. Stephen Ravel Award
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Partner Kat Li Receives 2025 J. Stephen Ravel Award The Central Texas Federal Bench Bar honored Kirkland partner Kat Li with the 2025 J. Stephen Ravel Award. The award is presented annually to a lawyer practicing before federal courts in Central Texas who exemplifies integrity, professionalism, creativity, collegiality and wit -- all qualities of the late St  more

Kirkland Receives Five PEI 2024 Law Firm of the Year Awards
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Receives Five PEI 2024 Law Firm of the Year Awards Private Equity International (PEI) recognized Kirkland in five categories at its 2024 awards program. The annual PEI Awards celebrate best-in-class firms, funds, deals, exits and more. Kirkland won the following PEI Awards: Law Firm of the Year in EMEA: Fund Formation Law Firm of the Year in EMEA: Tra  more

Kirkland Represents Warburg Pincus-backed ModMed in Majority Growth Investment by Clearlake
CHICAGO, Illinois, March 3 [Category: BizLaw/Legal] -- Kirkland and Ellis, a law firm, issued the following news release: * * * Kirkland Represents Warburg Pincus-backed ModMed in Majority Growth Investment by Clearlake Kirkland & Ellis advised Warburg Pincus-backed ModMed(r), a pioneer in specialty-specific healthcare SaaS technology, which today announced that Clearlake Capital Group, L.P., together with its affiliates, has made a significant majority growth investment in ModMed. The compan  more

Neuroscience Achieves Departmental Status at Lake Forest College
LAKE FOREST, Illinois, March 4 -- Lake Forest College issued the following news: * * * Neuroscience achieves departmental status at Lake Forest College The newest department on campus represents one of the top five majors for Lake Forest College students. Neuroscience, formerly under the wings of the Departments of Biology and Psychology, has been elevated to full department status. The change meets a growing demand among current and prospective students eager to study neuroscience, an inter  more

Northwestern experts on the economic uncertainty of Trump's proposed tariffs
EVANSTON, Illinois, March 3 -- Northwestern University posted the following news release: * * * Northwestern experts on the economic uncertainty of Trump's proposed tariffs EVANSTON, Ill. --- President Donald Trump is expected to proceed with plans to impose tariffs on Mexico and Canada set to go into effect Tuesday, according to U.S. Commerce Secretary Howard Lutnick. Even though there has been much talk, a decision on an exact number -- or if it will happen at all -- has not been reached.   more

Northwestern School of Medicine: Shared Pathways in HIV and Aging May Contribute to Heart Failure Risk
CHICAGO, Illinois, March 4 -- Northwestern University Feinberg School of Medicine issued the following news release: * * * Shared Pathways in HIV and Aging May Contribute to Heart Failure Risk Scientists have discovered a unique protein signature expressed in the blood of persons living with HIV that is also associated with aging and higher risk for heart failure, according to a recent study published in Nature Communications. The findings may help identify new therapeutic targets for heart  more

Risor SLP: $42.2M bridge financing secured for 55+ apartment community in St. Louis Park
CHICAGO, Illinois, March 3 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * Risor SLP: $42.2M bridge financing secured for 55+ apartment community in St. Louis Park MINNEAPOLIS, Mar. 3, 2025 - JLL Capital Markets announced today that it has secured a $42.908 million bridge loan refinancing to takeout the construction loan for Risor SLP, a 170-unit, 55+ apartment community completed in November 2023 in S  more

Site Selection Magazine Names Illinois and Chicago as Top U.S. Destinations for Corporate Expansion and Relocation
SPRINGFIELD, Illinois, March 3 -- Gov. JB Pritzker, D-Illinois, issued the following news release: * * * Site Selection Magazine Names Illinois and Chicago as Top U.S. Destinations for Corporate Expansion and Relocation Illinois ranked #2 for the third consecutive year, building on unprecedented private sector investments CHICAGO \- Today, Governor JB Pritzker, the Illinois Department of Commerce and Economic Opportunity (DCEO) and Intersect Illinois announced that Site Selection Magazine,   more

SIU Researcher Secures $200K Grant to Improve Brain-inspired Computing Technology
CARBONDALE, Illinois, March 4 -- Southern Illinois University issued the following news release: * * * SIU researcher secures $200K grant to improve brain-inspired computing technology CARBONDALE, Ill. - A Southern Illinois University Carbondale researcher is exploring innovative ways to accelerate neuromorphic computing, drawing inspiration from the human brain's structure and function. Chao Lu, associate professor of electrical and computer engineering, received a two-year, $200,000 grant   more

UChicago Scientists Study the Hidden Cost of Netflix's Autoplay
CHICAGO, Illinois, March 4 -- The University of Chicago issued the following news: * * * UChicago scientists study the hidden cost of Netflix's autoplay Computer Science department research highlights behavioral changes created by autoplay defaults Autoplay, a feature that automatically begins the next episode or movie without user input, has become a staple of modern streaming platforms like Netflix. But how much is this convenience truly costing us in terms of control over our time and dec  more

Whole Foods-anchored retail center trades hands in Fort Worth
CHICAGO, Illinois, March 3 [Category: BizReal Estate] -- Jones Lang LaSalle, a real estate and investment management company, posted the following news release: * * * Whole Foods-anchored retail center trades hands in Fort Worth DALLAS, Mar. 3, 2025 - JLL Capital Markets announced today that it has secured the sale of Waterside. JLL represented the seller, Trademark Property Company in partnership with Swift Creek Real Estate Partners LLC ("Swift Creek Partners"). The buyer was The Georgeto  more