New Nonprofit Philadelphia Financial Scholars Will Expand Access to Financial Literacy and Entrepreneurship Education
Program founders believe financial empowerment for high school students and their families can help overcome economic barriers and combat poverty
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PHILADELPHIA, Feb. 22, 2021 /PRNewswire/ Today marks the launch of Philadelphia Financial Scholars, a new 501(c)(3) nonprofit that aims to help Philadelphia high school students and their families take on systemic challenges and develop wealth-building tools through access to financial literacy and entrepreneurship education.
Philadelphia Financial Scholars originated when the FS Foundation, the philanthropic arm of Philadelphia-based asset management firm FS Investments, partnered with the University of Pennsylvania s Netter Center for Community Partnerships to create a financial literacy program for high school students. Since that time, the program has expand
The DOL rule took effect Tuesday, but the department and the Internal Revenue Service are both deferring compliance with the new rules until Dec. 20 as long as the impartial conduct standards are met. That means the recommendation is made to a best interest standard, it has no materially misleading statements and reasonable compensation.
Faegre Drinker boosts restructuring group with twin US partner hires
19 February 2021
Richard Bernard and Scott Gautier join from Foley & Lardner and Robins Kaplan respectively
Los Angeles Shutterstock Faegre Drinker Biddle & Reath has hired a pair of restructuring partners as it seeks to expand its US East and West Coast finance and restructuring practice group, part of a broader global push to grow its business in this area. Richard Bernard joins from Foley & Lardner in New York, while Scott Gautier joins form Robins Kaplan in Los Angeles where he was chair of its corporate restructuring and bankruptcy practice group. Mike Stewart, Faegre Drinker’s finance and restructuring practice group leader, said: “Because of the disruption across the global economy, we continue to see increased demand from clients seeking sophisticated restructuring guidance.”
February 17, 2021
Weeks before President Joe Biden s inauguration, his transition team asked its allies in the U.S. Senate for their help with a critically important task: selecting nominees for U.S. District Court vacancies.
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In a letter to senators, incoming White House counsel Dana Remus stressed that the Biden administration was especially interested in candidates whose backgrounds haven t traditionally been well-represented among federal judges, including public defenders and civil rights attorneys. She asked senators to recommend at least three candidates for each position.
But in a joint letter to Biden and Remus on Feb. 3, Colorado Sens. Michael Bennet and John Hickenlooper had only one name to recommend for Colorado s vacant district court seat: Regina Rodriguez, a Denver attorney who was previously nominated for a seat on the same court by former President Barack Obama in 2014.
Zappala
PITTSBURGH – Through an alliance of District Attorney Stephen Zappala and private lawyers, Allegheny County has filed suit against 10 different drug manufacturers, for damages connected to both the companies’ alleged false marketing of opioid drugs and the county’s combating the use and abuse of opioids.
Allegheny County filed suit in the Allegheny County Court of Common Pleas on Feb. 3 versus Allergan, Cephalon, Inc., Teva Pharmaceuticals, Endo, Janssen Pharmaceuticals, Johnson & Johnson, AmerisourceBergen Drug Corp., Cardinal Health and McKesson Corp.
“Fueled by dangerous prescription opioid drugs, Allegheny County, like many other cities, counties and states across the country, is now engulfed in an opioid epidemic, which has led to a public health and safety crisis of an unprecedented and disastrous nature,” the suit says.