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FAT Brands Inc. Closes Acquisition of Hurricane Grill & Wings

Restaurant franchising company FAT Brands Inc. said it has closed on its $12.5 million acquisition of Hurricane Grill & Wings, bringing FAT Brands’ franchise count to more than 325 units globally.

LAUSD Superintendent Launches Fund for School District with $3 Million in Donations

Los Angeles Unified School District Superintendent Austin Beutner on July 5 announced the launch of a philanthropic fund to boost resources for educating students, saying initial donations have topped $3 million.

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Late Professor Gifted $1.73M to Cal State Dominguez Hills

Gift will establish first endowed chair in school’s history

A recently deceased professor gifted $1.73 million to California State University Dominquez Hills, the school’s largest-ever faculty member gift.

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Split Decision in AEW Dispute With Shekhter Over Nine-Property Portfolio

A state appellate court affirmed a lower court ruling handing AEW Capital Management full control of a nine-property portfolio that’s the subject of a dispute with Santa Monica developer Neil Shekhter’s NMS Capital Partners, its former joint venture partner, who is accused of destroying evidence.

Wilson Named Chief Executive at Manatt Phelps & Phillips

Bill Quicksilver will step down as Manatt Phelps & Phillips’ managing partner and chief executive officer next year and will be replaced by Donna Wilson, who currently chairs the law firm’s privacy and cybersecurity practice.

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American Jewish University Names Jeffrey Herbst as New President

American Jewish University in Bel-Air has named former Newseum and Colgate University president Jeffrey Herbst as its new president, succeeding longtime leader Robert Wexler, the university announced June 6.

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Pepperdine Graziadio Launches Executive DBA Program

The Pepperdine Graziadio Business School announced June 5 it is launching in the fall an Executive Doctorate of Business Administration program which will further develop skills for executives through courses and research.

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Milbank Ups Pay for Associates

Milbank Tweed Hadley & McCloy announced June 4 a $10,000 pay increase to $190,000-a-year for starting lawyers.

Rick Caruso to Lead USC Board of Trustees

Los Angeles real estate developer Rick Caruso has been elected chairman of the USC Board of Trustees while he oversees an investigation into the alleged misconduct of a campus gynecologist and reporting failures by USC.

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USC President Nikias to Step Down Amid Scandals

USC President C.L. Max Nikias has agreed to step down as a series of scandals has rocked the university, according to a statement from the university’s board release late on May 25.

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Custom Content: The Next Generation of Employee Benefits: What Today’s Top Talent Wants From Their Employer

Los Angeles Business Journal

What do employees want in an employee benefits package?

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UCLA Anderson Appoints Interim Dean

Alfred Osborne, associate senior dean of external affairs and a professor at the UCLA Anderson School of Management, has been tapped as the school’s interim dean starting July 1, the school announced on May 22.

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200 Faculty Call on USC President to Resign After Misconduct Scandals

Trustees say they have full confidence in President Nikias

After the latest revelations in a string of misconduct scandals at the university, 200 USC faculty members sent a letter on May 22 to the university’s board of trustees demanding USC President Max Nikias resign immediately.

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Petersen Foundation Donates $1M to Altadena Child Services Nonprofit

The Margie and Robert E. Petersen Foundation has awarded $1 million – the largest gift ever – to Five Acres, an Altadena-based child and family services nonprofit.

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Karshes Lead $44 Million Donation to UVA Law School

Oaktree Capital Management’s Bruce Karsh and his wife Martha have announced plans to donate $25 million towards a $44 million total gift to the University of Virginia Law School, where the couple first met as law students.

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