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EIGHT LAW FIRMS earned a combined $3.5 million for their work on securing $54 million in tax-exempt bonds to help finance Rhode Island FC’s future 10,000-plus-seat home stadium, Tidewater Landing, WPRI-TV CBS 12 reports. / COURTESY FORTUITOUS PARTNERS

Lawyers paid $3.5M for Tidewater Landing bond work

PROVIDENCE – The lawyers who worked on the Pawtucket soccer stadium deal scored a nice payday. Eight law firms earned a combined $3.5 million for...

Should Rhode Island businesses offer employees on-site COVID-19 tests?

The state has begun distributing rapid COVID-19 tests to employers, in an effort to ramp up to 25,000 tests a day statewide. Manufacturers are among...

PBN announces 2020 Business Women Awards honorees

PROVIDENCE – Providence Business News has selected Day One Executive Director Peg Langhammer as the 2020 Career Achiever and Brown Medicine CEO Ann M....
DIVERSE DISCUSSION: Panelists discuss the evolution of diversity and inclusion initiatives in the workplace at Providence Business News’ Diversity & Inclusion Summit & Awards Program at the Crowne Plaza Providence-Warwick in Warwick on Dec. 5. From left: moderator PBN Editor Michael Mello, Guillaume Bagal, Marianne Monte, Kim Lee and Nirva LaFortune. / PBN PHOTO/PAMELA BHATIA

PBN panelists: Companies need top-level commitment to break diversity, inclusion barriers

As the workforce in contemporary America changes rapidly, diversity and inclusion initiatives have taken on new dimensions, and more significance. Now they mean more than...
SIX ORGANIZATIONS and one individual were honored at the PBN Diversity & Inclusion Summit & Awards Program in Warwick on Thursday. The program included a panel discussion on diversity and inclusion in the workplace. / PBN PHOTO/PAMELA BHATIA

PBN summit: Diversity, inclusion go far beyond hiring practices

WARWICK – In the business world, diversity and inclusion mean more than simply hiring more people of color and women. It’s about creating pathways...
A JUDGE HAS cleared Peter M. Cannava, Wells Fargo lead banker on the $75 million in bonds for the video game company 38 Studios, of all charges related to an SEC complaint arguing that the R.I. Economic Development Corp. (predecessor to the R.I. Commerce Corp.), EDC officials, Wells Fargo and Cannava defrauded investors in the issuance of the bonds. Cannava was the only defendant not to settle with the SEC.

Judge rules in favor of Wells Fargo banker in 38 Studios...

PROVIDENCE – Peter M. Cannava, the lead banker on the bonds for 38 Studios at Wells Fargo, has had claims alleging that he aided...
CONDO CONVERSIONS: Tom Knight, left, concierge at the 903 Residences at Providence Place, delivers a package to General Manager Walter Pastor. For the past six months, rental units at the residential building in Providence have been going through a conversion to condos, with nearly 40 sold so far.  
 / PBN PHOTO/MICHAEL SALERNO

903 Residences apartments undergoing conversion to condos

Timing is everything in real estate, and sometimes it isn’t on the developer’s side. The 903 Residences at Providence Place, which opened as apartments in...

Is a ransomware attack a reportable data breach?

Ransomware involves the denial of access to a user’s data; often, a hacker encrypts an organization’s data with a key known only to the...
TEN LAW FIRMS with local practices received national recognition in the U.S. News & World Report's 2019 Best Law Firms rankings. / COURTESY U.S. NEWS & WORLD REPORT

10 law firms with R.I. operations ranked nationally by U.S. News

PROVIDENCE – Ten law firms with operations in Rhode Island received national rankings in the 2019 U.S. News & World Report Best Law Firms rankings...

Learn R.I.’s usury law

Several recent cases, including one filed against a prominent Providence law firm, have centered upon violations of Rhode Island usury law. That law is...
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