Lamb McErlane

Helen H. Mountain, a partner at the firm, has been elected to the Board of Directors of Uptown! Entertainment Alliance, which operates the Uptown! Knauer Performing Arts Center as a home for live performance, film, education, and other events in West Chester.

At Lamb McErlane, Mountain concentrates her practice on representing companies in corporate and business law counseling, as well as corporate and financing transactions. She handles complex corporate transactions, including mergers, stock acquisitions, asset sales, recapitalizations, and reorganizations. She also has extensive experience in real estate and development matters.

Mountain is active in various business, civic, and charitable organizations. She is Assistant Treasurer of the Asian Pacific American Bar Association of Pennsylvania, a Committee Member for the March of Dimes Chester County Salute to Women of Achievement, co-chair of the Chester County Bar Association’s Diversity Committee, and a former President of the Villanova Law Alumni Association Board of Advisors.

Immaculata University

The College of Undergraduate Studies will host an open house on Saturday, April 27 from 9 AM-1 PM.

The open house is designed for high school juniors and seniors and students interested in transferring. The event will allow prospective students to tour the campus and talk with professors, coaches, current students, and administrators from all areas of campus. Information will be presented about admissions, academic majors, social and student life, athletic and co-curricular activities, financial aid, and scholarships.

Registration begins at 8:30 AM in the rotunda of Villa Maria Hall, and a hot breakfast will be provided in the dining hall. Click here to register online.

Decade to Doorways

Following the recent report of a four-year decline of homelessness in Chester County, Commissioners Michelle Kichline, Kathi Cozzone, and Terence Farrell recognized the great work of the local service partners who participate in Chester County’s Decade to Doorways initiative.

“Chester County is deeply committed to a ‘housing first’ approach, with a priority to provide more affordably-priced housing,” said Kichline. “Research proves that, in order to help individuals achieve long-term success, we have to identify the best resources for housing first. A permanent roof over your head sets the foundation for overcoming many obstacles, be they mental or physical challenges, job and career placement challenges, social development, or substance-abuse challenges or domestic violence challenges.”

Within the coming months, Chester County Community Development staff and proponents of Decade to Doorways will begin engaging the community to take part in the mission to break the stigma of homelessness.

Vanguard

The firm filed a preliminary registration statement with the Securities and Exchange Commission for Vanguard Commodity Strategy Fund. The new actively-managed fund, which is expected to launch in June 2019, will offer investors added portfolio diversification, along with a potential hedge against inflation risk by investing primarily in commodities and treasury inflation protected securities (TIPS).

“The Commodity Strategy Fund will be a low-cost, broad-based option for advisors and institutional investors seeking additional diversification and inflation protection for a well-balanced portfolio,” said Matt Brancato, head of Vanguard’s Portfolio Review Department. “We believe the commodity exposure can serve as an effective inflation hedge and also provide value in mitigating stock and bond risks.”

Vanguard’s new fund will bring a low-cost entrant to the commodity category, which has an average expense ratio of 1.25 percent. The fund will solely offer Admiral Shares at a $50,000 investment minimum, with an estimated expense ratio of 0.20 percent — less than a sixth of the cost of competing broad-based commodity-linked funds.

National Iron & Steel Heritage Museum

NISHM, which collects, preserves, and educates the public on our nation’s steel-making past, is looking to acquire a model of an oil rig.

This is a model of the Ocean Master III oil rig, of Loffland Brothers Company, in Tulsa, Okla. The rig was capable of drilling in water depths of up to 160 feet. This rig was made with American steel, making it a perfect fit for the collection. The museum will display it near the GUPPY, a submersible that might have inspected oil rigs such as the Ocean Master III.

The museum needs to transport the rig model from the American Museum of Science and Energy in Tennessee. This will cost $3,800, and the museum needs your help to make it happen! Click here to donate.

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