Harvard Corporate Governance

MAY 7, 2024

Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Tuesday, May 7, 2024 Editor's Note: Martin Lipton is a Founding Partner at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell Lipton memorandum by Mr. Lipton and Kevin S. Schwartz. For decades, advocates of “shareholder primacy” as the North Star of corporate governance have steered our leading corporations and our Nation’s economic engine perilously off-course.

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Mckinsey and Company

MAY 7, 2024

Cash is no longer Latin Americans’ preferred way to pay, as debit cards, credit cards, and mobile payments have gained fans, presenting opportunities for financial-services companies.

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Harvard Corporate Governance

MAY 7, 2024

Posted by Cydney Posner, Cooley LLP, on Tuesday, May 7, 2024 Editor's Note: Cydney Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. You probably remember the saga about the SEC’s rules regarding proxy advisory firms? Back in 2019, the SEC issued interpretive guidance that proxy advisory firms’ vote recommendations were, in the view of the SEC, “solicitations” under the proxy rules and subject to the anti-fraud provisions of Rule 14a-9.

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Redpath

MAY 7, 2024

Saint Paul, MN (May 8, 2024) - In a significant stride towards modernization and a renewal of their commitment to remain headquartered in downtown Saint Paul, Minnesota, Redpath and Company—one of Minnesota's leading accounting firms—completed their office relocation from the Alliance Bank Center to the Securian Center. Now located at 400 Robert Street North in Suite 1600, the office move marks a pivotal moment in the company's journey, aligning with its vision for growth, innovation, and cultur

Accounting Firms 105

Accounting Firms Banking 105

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

Marketability

Harvard Corporate Governance

MAY 7, 2024

Posted by Henry T. C. Hu (University of Texas) and Lawrence A. Hamermesh (Widener University Delaware Law School), on Tuesday, May 7, 2024 Editor's Note: Henry T. C. Hu is the Allan Shivers Chair in the Law of Banking and Finance at the University of Texas Law School, and Lawrence A. Hamermesh is an Emeritus Professor at Widener University Delaware Law School.

Banking 133

Banking Finance 133

Mckinsey and Company

MAY 7, 2024

Sharpen your problem-solving skills the McKinsey way, with our weekly crossword. Each puzzle is created with the McKinsey audience in mind, and includes a subtle (and sometimes not-so-subtle) business theme for you to find. Answers that are directionally correct may not cut it if you’re looking for a quick win.

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Law 360 M&A

MAY 7, 2024

Back in December, Venable LLP partner Ashley Craig, co-chair of the firm's international trade group, spoke with Law360 just after U.S. Steel disclosed its agreement to be sold to Nippon Steel. Now, he shares his thoughts on the latest developments, including the White House coming out forcefully against the deal and the U.S. Department of Justice launching a probe into it.

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Appraisers Blog

MAY 7, 2024

I couldn’t care less about FNMA/Freddie scanning my photos, they do whatever makes them feel funny. The concern is if A.I. doesn’t like something in the appraiser photos and doesn’t concur with the quality/condition or materials reported, it gets sent to your state licensing board. Thats the real issue. Are the complaints sent after a review or is it an automated process without a human checking the A.I. results?

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 7, 2024

An Illinois federal judge gave final approval Monday to a $55 million class settlement, with $23.5 million in legal costs and attorney fees, resolving patient antitrust claims over a NorthShore University HealthSystem merger, all while finding that United Healthcare Services had no standing to object to the deal.

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Appraisers Blog

MAY 7, 2024

I think this will be difficult for them to accomplish. Doubt the scanner can ascertain the difference between fake and real granite, marble, wood, tile… I doubt it will know all appliance brands since the 1920’s. I think that the appraiser should be able to easily discern these things. My only fear is if appraiser writes vinyl floor and scanner thinks the wood pattern is real wood.

Appraisal 98

Appraisal 98

Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker

The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l

Corporate Finance

Law 360 M&A

MAY 7, 2024

A medical provider has lodged a proposed class action in Illinois federal court accusing MultiPlan and major insurance companies, including UnitedHealth, Aetna, Kaiser Permanente and Cigna, of using pricing tools to systematically underpay out-of-network providers.

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Appraisers Blog

MAY 7, 2024

In reply to JL. Yep, I posted a similar document the other day in the redlining thread, along with a patent document which describes down to the minute details, how the lenders automatic systems classify some groups of people and not others in clusters, including demographic, spending habits, community factors, earnings, spending, and social media presence.

Appraisal 98

Appraisal 98

Mckinsey and Company

MAY 7, 2024

How should CEOs approach corporate values? When should they speak out on contentious issues? Alison Taylor breaks down how businesses can do the right thing—even when it’s not easy to.

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Appraisers Blog

MAY 7, 2024

LOL, do you think the Department of Commerce has enough members and time to handle all the new complaints. Everyone I know, self included, has waited over a year with a state complaint. Fannie Mae wants perfection from us and then gives out appraisal wavers. The amount of Grey between a C3-C4 and A Q5 and Q4. BTW, who holds AI accountable. Shouldn’t the users of the AI be held accountable for the inaccuracy of the AI platform.

Appraisal 98

Appraisal 98

Speaker: Joe Apfelbaum, CEO of Ajax Union

In this webinar, Joe Apfelbaum, CEO of Ajax Union and business strategist, will take you through the ABCs of intent data. You'll learn how to effectively use it to drive business results, with practical tips on how to leverage both company and contact intent data to maximize your marketing efforts. Whether you're a seasoned marketer or just getting started, this webinar is a must-attend for anyone looking to stay ahead in the ever-evolving world of digital marketing.

Marketability

Law 360 M&A

MAY 7, 2024

Alight Inc., a cloud-based human capital and technology services provider, said Tuesday it has agreed to appoint two new independent directors to its board through an agreement with activist investor Starboard Value LP.

Technology 96

Technology 96

Appraisers Blog

MAY 7, 2024

It seems to me they’re wasting valuable time on something that means very little to the greater “picture” behind valuation…pun intended. It’s not all about the photos.

Appraisal 98

Appraisal 98

Benzinga

MAY 7, 2024

Sony Group Corp’s (NYSE: SONY ) shares experienced a significant drop, the largest in nearly three months, following its joint $26 billion bid with Apollo Global Management Inc (NYSE: APO ) to purchase American multinational mass media and entertainment conglomerate Paramount Global (NASDAQ: PARA ). The offer has sparked concerns about Sony’s financial capacity to handle the acquisition, as the proposed deal exceeds Sony’s current cash reserves.

Finance 96

Finance Marketability 96

Appraisers Blog

MAY 7, 2024

Well, if I get a complaint, things will slow WAYYYY down in my area. I cover 8 counties. I got off the VA last year because I was tired of the constant scope expansions, tidewaters and reviewers being on different pages. I was the only appraiser in 3 of those counties and 1 of 2 in 2 others. I hear VAs are taking 2 months to get to now. Oh well. Same with This complaint stuff.

Appraisal 98

Appraisal 98

JPAbusiness

MAY 7, 2024

Whether your business turnover is $300k, $3m, $300m or $3b, your business’s brand and reputation is integral to its value. So how can you avoid and manage risks that may harm those critical elements of your business? To answer that question – and many others – I invited crisis management expert and brand strategist Richard Amos (pictured) from Royce Communications to join me on the latest Let’s Talk Business podcast.

Marketability 81

Marketability 81

Appraisers Blog

MAY 7, 2024

In reply to ej. Except for the fact that the home inspection photos will also be analyzed and input in that database, along with all the appraisal photos from the properties you selected as comps, as they were once subject homes themselves. Here comes the automation that the big fintechs are already using, now centralized.

Appraisal 98

Appraisal Comps 98

Benzinga

MAY 7, 2024

Planet 13 Holdings Inc. (CSE: PLTH ) (OTCQX: PLNH ) closed its previously announced sale of Planet 13 Florida, Inc. on Monday following the previously announced approval from the Florida Office of Medical Marijuana Use in April. What Happened The Las Vegas-based vertically-integrated multi-state operator (MSO) sold 100% of the equity interests of Planet 13 Florida, which owns a medical marijuana treatment center license issued by the Florida Department of Health to SGW FL Enterprises, LLC , in e

Equity 69

Equity 69

Appraisers Blog

MAY 7, 2024

In reply to Mary T Thompson. Pressuring appraisers works, and works very well. Now they appear to be running afoul of GLB laws on privacy. Turn down your camera settings to small kb’s. This news may correlate to the active development of the over valuation tool, also soon to be released. Have you ever checked out what’s actually happening with AI systems?

Appraisal 98

Appraisal Technology 98

Benchmark Report

MAY 7, 2024

Benchmark is pleased to announce the transaction between Curie Environmental Services, LLC and Tradebe Environmental Services, LLC. This move was driven by the vision of strategic expansion and the significant value that Curie Environmental Services, LLC brings.

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Appraisers Blog

MAY 7, 2024

[link] Patent research. On the ‘Search’ drop down menu, click assignee name. / On the ‘For’ drop down menu, enter; Fannie, zillow, pick a company. The fluid nature of the software, the differences between avm’s vs the appraisers acceptable and recognized valuation methods approach. How various functions to come about the end avm value result are fluid and flexible, able to alter result output based on a myriad of algorithmic settings priorities alongside random data

Appraisal 98

Appraisal 98

Benzinga

MAY 7, 2024

The Ontario-based cannabis giant Canopy Growth Corporation (TSX: WEED ) (NASDAQ: CGC ) announced Tuesday it has officially exercised its options to acquire Wana and Jetty , marking a significant advance in its strategy to become a dominant player in the U.S. cannabis market. Why It Matters In addition to enhancing Canopy USA’s operational footprint, these acquisitions aim to foster collaboration between the Wana and Jetty brands to leverage their market-leading positions in their respectiv

Marketability 64

Marketability 64

Appraisers Blog

MAY 7, 2024

AI is not perfect, but FannieMae doesn’t care about that, their ONLY goal is to get rid of the appraisers any way they can. I don’t know why some government office is keeping better watch on Fannie; oh wait, it’s too big to fail, another bailout is on the horizon.

Appraisal 98

Appraisal 98

Machen McChesney

MAY 7, 2024

It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships such as an architecture or law firm. For example, partners in service partnerships may incur entertainment expenses in developing new client relationships. They may also incur expenses for: transportation to get to and from client meetings, professional publications, continuing education, and home office.

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Appraisers Blog

MAY 7, 2024

I just hate the idea that they will automatically send a complaint to the State Boards because they ASSUME AI is better than someone who actually saw the property. So does anyone think that more C4 and Q4’s are on the horizon? Just wondering? Why is everything about this profession… Tail wagging the dog? Our clients, lenders, Realtors, everyone wants to tell us how to do our job.

Appraisal 98

Appraisal 98

Machen McChesney

MAY 7, 2024

There are several financial and legal implications when adding a new partner to a partnership. Here’s an example to illustrate : You and your partners are planning to admit a new partner. The new partner will acquire a one-third interest in the partnership by making a cash contribution to the business. Assume that your basis in your partnership interests is sufficient so that the decrease in your portions of the partnership’s liabilities because of the new partner’s entry won’t reduce your basis

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Appraisers Blog

MAY 7, 2024

In reply to Will. Bureaucrats installing AI systems at the government level; We will add your biological and technical distinctiveness to our own. Your culture will adapt to service us. Resistance is futile.

Appraisal 98

Appraisal 98

Financial Times M&A

MAY 7, 2024

Amid BHP approach for Anglo, prolific dealmaker says consolidation does not guarantee more production

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Appraisers Blog

MAY 7, 2024

In reply to Mary Cummins. Agreed, but if the value didn’t come in, I would assume they would through anything and everything at us to make comment on, or if the UW is bored for whatever reason.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 7, 2024

Novant Health kicked off its defense Tuesday in the Federal Trade Commission's $320 million merger challenge with testimony from its longtime CEO, who vocalized the health system's promise to reinvest in the two struggling hospitals at the center of the case.

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Appraisers Blog

MAY 7, 2024

Maybe I won’t renew for another 2 years. Maybe now… it’s time to buy that RV and hit the highway. Being an appraiser has gone way beyond the absurd. Why risk losing everything I have built up if they want A.I. to judge me and issue me a warning on my 20+ years of experience? Let the young people do what’s left in appraising since they have far less to loose.

Appraisal 98

Appraisal 98