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For more information, please contact:
Gwen Osborne, director of public affairs, (312) 906-5251

ADVISORY TO PRODUCERS, COLUMNISTS AND ASSIGNMENT, LEGAL, PLANNING, BUSINESS, AND DAYBOOK EDITORS

CHICAGO-- May 26, 2003--Chicago-Kent College of Law, the Stuart Graduate School of Business and the Center for Law and Financial Markets have experts available to discuss current issues. To reach any of our experts, call Gwen Osborne, director of public affairs, at (312) 906-5251. Copies of press releases and earlier advisories are available on our Web site: http://www.kentlaw.edu/news/

What does the Bush administration's $350 billion tax cut really mean? Professor Howard Simons of IIT's Center for Law and Financial Markets can discuss the implications of the tax cut for businesses, individuals and the economy.

Thirty-one Glenbrook North High School students have been expelled for their part in a hazing incident in a forest preserve that left six girls injured. The 28 students who have agreed not to challenge the disciplinary action will be banned from commencement exercises but receive their diplomas after they complete their course work, undergo counseling and perform community service. An attorney for one of three students who refused to sign the waiver said he does not think the school has the authority to punish them for an out-of-school activity. Adjunct professor William Kling helped draft the so-called "Bully Bill," a state law that covers student disciplinary policies in cases like the May 4 hazing. Professor Kling, an attorney in private practice who represents school districts, is available for interviews.

The U.S. Supreme Court's 2002-03 term is coming to an end. The High Court still has several rulings on key legal issues to hand down. The Justices will rule on cases involving commercial speech, sodomy laws, prosecuting child molesters, and limiting children's access to the Internet in schools and libraries. Professor Sheldon Nahmod is available for interviews about key decisions and themes of this term.

The WNBA's seventh season begins with controversy surrounding the Connecticut Sun. The team, formerly the Orlando Miracle, plays its home games in a 9,700-seat arena that is part of a complex that includes the world's second largest casino. The Mohegan Indian Tribe was able to buy the team after the league ended its rules regarding central ownership of teams and cut ties that connected WNBA teams to NBA franchises. Sports attorney and adjunct professor Eldon Ham takes a look at the WNBA in "The Glass Ceiling," a chapter in his book entitled The Playmasters: An Unauthorized History of the NBA from Sellouts to Lockouts. Professor Ham can talk about the WNBA, rules governing team ownership, and the juxtaposition of professional sports and gambling.

IIT's Center for Law and Financial Markets (CLFM) established a virtual trading laboratory in May of 2002 to teach graduate students and market professionals automated trading. Professor David Norman, director of the center's market technology program, is the author of Professional Electronic Trading and Trading at the Speed of Light. He is available to talk about the trading laboratory and the "Trader DNA" project and schedule a media demonstration of the lab.

What will the Fed do next? Stuart Graduate School of Business professor Robert Laurent, a former economist with the Federal Reserve Bank of Chicago, is available for interviews.

Chicago-Kent's Family Law Clinic. Cook County residents with domestic relations disputes, including matters of legal separation, divorce, child support, child custody, visitation and guardianships, may qualify for representation through Chicago-Kent's Family Law Clinic. Clients will pay on a sliding scale fee basis, depending on their financial circumstances. Students will work under the supervision of Professor Ira Feldman. He is available for interviews about the program.

In the Faculty Spotlight:

Professor Evelyn Brody is a tax law expert and an active participant in the nonprofit tax policy debate. Her scholarly publications have examined the tax treatment of education, the economic and institutional similarities between nonprofit and for-profit organizations, charitable endowments, the direct and indirect effects of tax reform on charities, the limits of nonprofit fiduciary law, the constitutional bounds of the right of association, and the enforcement powers of the IRS and state attorneys general. She recently was named a reporter for a new American Law Institute project, Principles of the Law of Nonprofit Organizations. She is editor and co-author of Property-Tax Exemptions for Charities: Mapping the Battlefield. To read more about Professor Brody and her work, visit www.kentlaw.edu/faculty/spotlight.

On the Downtown Campus:

June 6: 22nd annual Conference on Not-For-Profit Organizations. This one-day seminar is presented by a faculty of leading organization executives, attorneys, accountants and government officials. The program will include sessions on new developments in taxation, legislation and regulations of non-profits. Highlights include: Implications of Sarbanes-Oxley for Best Practices in Not-For- Profits, Update from the Illinois Attorney General's Office, Forensic Accounting and Employee Fraud, Common Errors on Financial Statements, Retirement Plans in Today's Uncertain Climate, and Top 10 Financial Mistakes Non-Profit Organizations Make and Can Avoid. For more information, call (312) 906-5090. To register on line visit www.kentlaw.edu/depts/cle/nfp/.





--DTC--

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