KyCIR: U of L may sue its own foundation if unable to reach agreement over misspent funds

By Kate Howard Kentucky Center for Investigative Reporting The University of Louisville is considering suing its own foundation in the wake of a damaging audit and months of talk about recouping misspent money, according to leaders at the U of L Foundation. Earl Reed III, chairman of a U of L Foundation subcommittee, said in an affidavit provided to the Kentucky Center for Investigative Reporting that...

KyCIR: Finance secretary reverses committee decision, approves U of L request for legal expenses

By Kate Howard Kentucky Center for Investigative Reporting The state’s finance secretary approved the University of Louisville’s request to spent $1.25 million more on legal expenses, reversing a legislative committee’s decision earlier this month. The financial sign-off marks the latest step in the back and forth drama over the cost of U of L’s reforms. Last week, the state government contract...

KyCIR: U of L says private groups, not state, will cover most of $2.2 million cost of audit

By Kate Howard Kentucky Center for Investigative Reporting Two local philanthropic groups will pay most of the costs of the taxpayer-funded, $2.2 million forensic investigation of the University of Louisville’s troubled nonprofit organization, the university announced Tuesday. The C. E. & S. Foundation and the James Graham Brown Foundation — both of which threatened to pull support last fall...

New U of L board of trustees holds first meeting, names Postel interim university president

The University of Louisville Board of Trustees tackled a jam-packed agenda Saturday that included appointments to several key leadership positions. Actions taken by the board included: · Electing David Grissom as chairman pro tem; · Electing John Schnatter as vice chairman pro tem; Brian Cromer as secretary pro tem; Diane Medley as treasurer pro tem; Nitin Sahney as at-large member...

Retired U.S. Sixth Circuit Court of Appeals Judge Pierce Lively dies at age of 94

Frederick Pierce Lively, a respected federal judge and life trustee of Centre College, died Saturday, March 12, 2016 at the age of 94. Lively had been a lawyer in Danville for 22 years when, in 1972, President Richard Nixon appointed him to the U.S. Court of Appeals for the Sixth Circuit in Cincinnati. Speaking at Lively’s confirmation hearing, Senator John Sherman Cooper, like Lively, a Centre College...