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Covetrus Inc. and IDEXX Laboratories Inc.
A former Maine lawmaker and securities agent was sentenced Tuesday in Penobscot County Superior Court to 10 years in prison on 15 criminal counts involving theft, securities fraud, intentional evasion of Maine income tax and failure to pay Maine
Four Portland businesses have been cited for failing to check identifications when selling alcohol to undercover and underage inspectors of the Portland Police Department.
Twenty-five years ago, Maine’s marijuana proprietors were more likely to be named in a local police blotter than the pages of Mainebiz. But today, Patricia Rosi, CEO of Wellness Connection of Maine, proudly talks about her company’s business in
The Maine Justice Foundation said Sanford-based SIS Bank has signed on as a prime partner in a program to fund six providers of legal aid in the state.
A 42-year-old Rockland man was sentenced Tuesday to four months in prison and three years of supervised release for health care fraud and embezzlement from a health care benefit program.
Joan Fortin, director of attorney recruiting at Bernstein Shur, will lead Maine’s largest law firm as its first female CEO starting Jan. 1, 2020. She will succeed Pat Scully upon his retirement.
The Securities and Exchange Commission filed an enforcement action Thursday in federal court in Portland charging Freeport-area concert promoter Jeffrey E. Wall and his business, The Lighthouse Events LLC, with defrauding more than 100 investors he
A court decision affirming that the so-called “intertidal zone” is part of privately held shorefront landownership, rather than public property, could hamper the commercial rockweed industry along Maine's coast.
The shortage of lawyers in rural Maine will be tackled next month at a symposium hosted by the University of Maine Law School, part of the school's ongoing effort to address the issue.
An Oxford County retailer was sentenced to three months in jail for underpaying his store's sales tax.
Michael Liberty, a Gray native and former Portland developer, was charged with another man in an indictment filed Wednesday for their alleged roles in a purported multimillion-dollar scheme involving investments in a startup financial technology
The University of Maine System Board of Trustees has formed a committee to consider the direction of 21st century legal education and conduct a “one university” assessment of Maine Law operations and potential for program enhancements.
University of Southern Maine President Glenn Cummings announced Thursday that Dmitry Bam, the University of Maine School of Law's associate dean, has been selected as the law school's interim dean.
Stacey Neumann is a partner at Portland law firm Murray Plumb & Murray, where she chairs the criminal/white collar defense and employment practice groups. She also does a lot of pro bono work, which includes asylum and criminal-defense cases.
Documents filed at U.S. Bankruptcy Court for the District of Maine in the Chapter 11 bankruptcy case by Penobscot Valley Hospital reveal that the Lincoln hospital owes up to $10 million to more than 1,000 potential creditors.
Sen. Nathan Libby, D-Lewiston, is sponsoring a bill, LD 149, that would ask voters to approve a $250 million bond issue to ease student debt. Under Libby’s proposal, if voters approved, the $250 million bond would fund a program administered by the Finance Authority of Maine to help pay off student loan debt for individuals who agree to live and work in Maine for five years. It also would reimburse employers that make student loan debt payments on behalf of their employees who agree to live and work in Maine for five years.
Andrea Cianchette Maker, a partner at Pierce Atwood, testified in support of the bill on behalf of Acadia Insurance and IDEXX Laboratories. Citing figures from the Project on Student Debt, Maker noted the average student loan indebtedness for Mainers is $31,364, which is 10th highest in the nation. In total, she said, Mainers owe more than $6 billion in student debt.
“If enacted, LD 149 could be a game-changer for our state,” Maker wrote. “It will significantly help Maine attract and retain a desperately needed future workforce by helping our workers get out from under college debt in an expedited manner. After that debt is paid, they will be fully engaged in Maine's economy and in a much better position to invest in their futures here in Maine, from buying a first home to raising a family.”
At its May 9 public hearing, the bill received support from Behavioral Health Community Collaborative, Maine Association of Realtors, Maine State Employees Association, AARP Maine, Finance Authority of Maine, Maine Tourism Association, Lewiston Auburn Metropolitan Chamber of Commerce and a number of individuals who shared personal stories about how their student debt adversely affects their lives.
Of the 27 people testifying at the hearing, only a few opposed Libby’s bill outright — essentially saying the state’s resources are not unlimited and the bond would divert funding from other essential needs.
The fiscal statement attached to the bill indicates a 10-year $250 million bond would require another $65.3 million to pay off at a 4.75% interest rate, for a total cost of $315.3 million.