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Financial Services Law Firm Mitchell Sandler Celebrates Five Year Milestone: Expands Fair Lending Practice with Former Senior DOJ Official Jon Seward and Nationally Recognized Financial Services Litigator Olivia Kelman

Retrieved on:

Mittwoch, Mai 1, 2024

Professional Services, Business, Legal, Finance, Consulting, Banking, Bias, Private practice, Justice, Growth, K&L Gates, Culture, Private law, Principal, Lawyer, Partner

Mitchell Sandler PLLC, a majority-women-owned and women-managed law firm focused on financial services and civil litigation, celebrates its five-year anniversary this month by adding two industry leaders to its Fair Lending Practice Group.

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Mitchell Sandler PLLC, a majority-women-owned and women-managed law firm focused on financial services and civil litigation, celebrates its five-year anniversary this month by adding two industry leaders to its Fair Lending Practice Group.
Jon Seward and Olivia Kelman are joining the firm’s multidisciplinary team of financial services attorneys and compliance professionals that advise banks, credit unions, independent mortgage companies and fintechs on regulatory, enforcement and litigation matters.
As a respected civil rights attorney, Seward built a reputation for being tough but fair in the dozens of cases he oversaw as Principal Deputy of the Housing Section.
Kelman joins Mitchell Sandler as a Partner in the firm’s Fair Lending Practice Group.

MATRIX RENEWABLES SIGNS RENEWABLE ENERGY PURCHASE AGREEMENT WITH HYUNDAI MOTOR GROUP FOR A 284 MWDC SOLAR PROJECT IN BELL COUNTY, TEXAS

Retrieved on:

Dienstag, April 30, 2024

State, TPG, WECC, ERCOT, Matrix, K&L Gates, MISO, Hyundai Motor Group, CAISO, PPA, CO2, Renewable energy

MIAMI, April 30, 2024 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced that it has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MWac from its Stillhouse Solar project, a 284 MWdc / 210 MWac total solar PV project located in Bell County, Texas (USA).

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MIAMI, April 30, 2024 /PRNewswire/ -- Matrix Renewables, the TPG Rise-backed global renewable energy platform, today announced that it has signed a renewable energy power purchase agreement with affiliates of the Hyundai Motor Group for 147 MWac from its Stillhouse Solar project, a 284 MWdc / 210 MWac total solar PV project located in Bell County, Texas (USA).
The Stillhouse Solar project is expected to begin commercial operations in the second part of 2025.
"We are thrilled to have finalized this agreement with Hyundai Motor Group, contributing to the achievement of its ambitious sustainability objectives in the United States," said Cindy Tindell, Managing Director and Head of U.S. for Matrix Renewables.
We thank Hyundai Motor Group for its commitment to our Stillhouse Solar project and look forward to an enduring relationship."

iManage Enters 2024 with Impressive Customer Growth, Driven by Unprecedented Investments in Its Platform, From AI to Strategic Partnerships

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Mittwoch, März 13, 2024

Knowledge, Cloud, Microsoft, K&L Gates, Organization, Growth, ServiceNow, Partnership, Motion, AI, Travers Smith, Bain Capital, Legal technology, Video game

Growth is driven by a continued shift to iManage Cloud, a modern cloud-native platform that empowers knowledge workers to collaborate and be productive from anywhere, on any device, safely and securely.

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Growth is driven by a continued shift to iManage Cloud, a modern cloud-native platform that empowers knowledge workers to collaborate and be productive from anywhere, on any device, safely and securely.
Building on deep experience with AI technologies, iManage is delivering the platform and technology infrastructure to enable customers to leverage AI securely and responsibly.
“We’re excited about iManage Insight+ and seeing how we can adapt that to our needs.”
Additionally, iManage will be devoting significant energy to partnerships in 2024.
“In 2023, iManage celebrated another remarkable year of helping organizations around the world to make knowledge work,” said Neil Araujo, iManage CEO and co-founder.

Legal & General Retirement America and RGA Partner to Complete $700 Million Pension Risk Transfer Transaction with FirstEnergy

Retrieved on:

Donnerstag, März 14, 2024

Utilities, Insurance, Human Resources, Finance, Energy, Asset Management, Consulting, Professional Services, K&L Gates, Caesars Entertainment, Risk management, Legal & General, PRT, RGA, FirstEnergy, Senior, Retirement, Reinsurance Group of America, Life insurance

Legal & General Retirement America (LGRA), a division of Banner Life Insurance Company, and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today they completed a pension risk transfer (PRT) transaction with FirstEnergy , one of the nation’s largest investor-owned electric utilities, for approximately $700 million.

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Legal & General Retirement America (LGRA), a division of Banner Life Insurance Company, and Reinsurance Group of America, Incorporated (NYSE:RGA) announced today they completed a pension risk transfer (PRT) transaction with FirstEnergy , one of the nation’s largest investor-owned electric utilities, for approximately $700 million.
The retiree lift-out was executed in December and covers approximately 2,000 retirees – representing about 8% of the company’s total pension liability associated with its former generation subsidiaries.
LGRA is lead administrator and will be fully responsible for the service and administration of all participants transferred as part of the transaction.
Aon and K&L Gates advised FirstEnergy on this transaction.

Dole plc Announces Sale of Progressive Produce to Arable Capital

Retrieved on:

Dienstag, Februar 27, 2024

Retail, Restaurant, Bar, Supermarket, Agriculture, Natural Resources, Food, Beverage, Arable, DOLE, Fruit, Investment, Growth, Sale, Dole plc, World Games, K&L Gates, LLP, Montminy, Cryptocurrency

Dole plc (NYSE: DOLE) (“Dole” or the “Group”) has today announced that it has reached an agreement to sell its 65% equity stake in Progressive Produce LLC (“Progressive Produce” or the “Company”) to PTF Holdings, LLC (“PTF Holdings”), the parent company of Pacific Trellis Fruit, LLC (“Pacific Trellis Fruit”).

Key Points:

Dole plc (NYSE: DOLE) (“Dole” or the “Group”) has today announced that it has reached an agreement to sell its 65% equity stake in Progressive Produce LLC (“Progressive Produce” or the “Company”) to PTF Holdings, LLC (“PTF Holdings”), the parent company of Pacific Trellis Fruit, LLC (“Pacific Trellis Fruit”).
Progressive Produce is a subsidiary of Dole plc and is part of the Diversified Fresh Produce – Americas and Rest of World reporting segment.
Post the completion of this transaction, the existing management team of Progressive Produce will remain with the enlarged business of Progressive Produce and Pacific Trellis Fruit and retain an ownership stake.
Commenting on the transaction, Carl McCann, Executive Chairman of Dole plc, said:
“We are pleased to announce the sale of our equity interest in Progressive Produce to Arable Capital Partners.

Walgreens Boots Alliance Names Lanesha Minnix Executive Vice President and Global Chief Legal Officer

Retrieved on:

Montag, Februar 26, 2024

Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today named Lanesha Minnix the company’s executive vice president (EVP) and global chief legal officer.

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Walgreens Boots Alliance, Inc. (Nasdaq: WBA) today named Lanesha Minnix the company’s executive vice president (EVP) and global chief legal officer.
View the full release here: https://www.businesswire.com/news/home/20240226589815/en/
Lanesha Minnix named global chief legal officer, Walgreens Boots Alliance (Photo: Business Wire)
Minnix, who will report to WBA CEO Tim Wentworth and serve on his Executive Committee, will oversee the company’s global legal, compliance, corporate governance and corporate security functions.
“Lanesha is a widely respected leader and legal expert, and we are thrilled to welcome her to WBA in this important role,” said Wentworth.
Earlier this month, the company announced the appointment of Manmohan Mahajan as EVP and global chief financial officer, Elizabeth Burger as EVP and chief human resources officer and Mary Langowski as EVP and president, U.S. Healthcare.

Former Senior U.S. Housing Officials Launch New Subsidiary, Gate House Compliance, To Support Fair Lending and Servicing

Retrieved on:

Mittwoch, Februar 14, 2024

Gate House Compliance has been established as a subsidiary of Gate House Strategies , an advisory company co-founded in 2021 by Montgomery and four other former HUD officials and where he serves as Chairman.

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Gate House Compliance has been established as a subsidiary of Gate House Strategies , an advisory company co-founded in 2021 by Montgomery and four other former HUD officials and where he serves as Chairman.
In creating the compliance subsidiary, Gate House Strategies partners are joined by other luminaries in financial services and specialists in fair lending and consumer protection law and regulation.
Michael Waldron is a founding partner of Gate House Compliance.
To provide the new advisory firm with operational and analytical support, Gate House Compliance formed an alliance with CrossCheck Compliance , a nationwide regulatory compliance and risk management consulting firm.

CorEnergy Closes Sale of MoGas and Omega Pipeline Systems to Spire

Retrieved on:

Freitag, Januar 19, 2024

REIT, Oil, Gas, Energy, Construction & Property, Utilities, Natural gas, Spire Inc, K&L Gates, CFO, Crimson, Mogas, Government, Risk, Sale, Tax, OTC, Transport, The Company

CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL) ("CorEnergy" or the "Company") today closed the sale of its MoGas and Omega pipeline systems (together, the “MoGas System”) to Spire Midstream, a subsidiary of Spire Inc. (NYSE: SR).

Key Points:

CorEnergy Infrastructure Trust, Inc. (OTC: CORR, CORRL) ("CorEnergy" or the "Company") today closed the sale of its MoGas and Omega pipeline systems (together, the “MoGas System”) to Spire Midstream, a subsidiary of Spire Inc. (NYSE: SR).
The MoGas System is an interstate natural gas transmission and distribution system providing service to markets in Missouri and Illinois.
These companies were the last remaining legacy operations from our predecessor corporation and were included in our groundbreaking qualification for REIT status.
The cash generated from the sale of MoGas and Omega will be sufficient for us to maintain Crimson’s liquidity and safe and reliable operations until the rate increases for which we have applied take effect.

Energy Regulatory Lawyer Ruta Kalvaitis Skučas Joins Crowell & Moring

Retrieved on:

Donnerstag, Januar 18, 2024

Nature, General counsel, Environment, K&L Gates, Policy, Lawyer, Electricity, Ministry of Energy, University, Private practice, D.C, Midcontinent Independent System Operator, Crowell & Moring, PJM Interconnection, Nonprofit organization, FERC, Federal Energy Regulatory Commission, Growth, Public utility

WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- Ruta Kalvaitis Skučas has joined Crowell & Moring as a partner in the firm's Environment, Energy, and Natural Resources Practice Group.

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WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- Ruta Kalvaitis Skučas has joined Crowell & Moring as a partner in the firm's Environment, Energy, and Natural Resources Practice Group.
She brings more than two decades of experience advising clean energy developers, traders, and technology companies on energy issues before the Federal Energy Regulatory Commission (FERC), the U.S. Department of Energy, and state public utility commissions.
Skučas focuses on electric and natural gas matters and has extensive experience in energy trading, including on compliance and enforcement matters.
Her clients include clean energy developers, energy trading companies, generation and merchant transmission developers in the FERC regulatory space, non-traditional energy companies, technology companies, and emerging ventures.

Hashdex Bitcoin Futures ETF Successfully Transfers to Tidal's Commodities Trust I

Retrieved on:

Mittwoch, Januar 3, 2024

Bitcoin, Ecosystem, Commodity, K&L Gates, ETF, Growth, Environment, Financial adviser

MILWAUKEE, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC, a leading name in the ETF industry, is pleased to announce the successful transfer of Hashdex Bitcoin Futures ETF from Teucrium Commodity Trust to Tidal Commodities Trust I.

Key Points:

MILWAUKEE, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC, a leading name in the ETF industry, is pleased to announce the successful transfer of Hashdex Bitcoin Futures ETF from Teucrium Commodity Trust to Tidal Commodities Trust I.
This strategic decision, made in mutual agreement between Tidal Investments LLC, Teucrium Trading, LLC, and Hashdex Asset Management Ltd. underlines the commitment to providing the best possible environment for the fund within the Tidal Investments LLC ecosystem.
The move to Tidal's Commodities Trust I, guided by the expert counsel of KL Gates as an advisor, is a testament to the ongoing evolution and growth of Hashdex Bitcoin Futures ETF.
Tidal Investments LLC looks forward to the continued success of Hashdex Bitcoin Futures ETF within the Tidal ecosystem.