Tue.Feb 06, 2024

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2023 Say on Pay & Proxy Results

Harvard Corporate Governance

Posted by Todd Sirras, Austin Vanbastelaer, and Justin Beck, Semler Brossy LLC, on Tuesday, February 6, 2024 Editor's Note: Todd Sirras is Managing Director, Austin Vanbastelaer is Principal, and Justin Beck is a Senior Consultant at Semler Brossy LLC. This post is based on a Semler Brossy memorandum by Mr. Sirras, Mr. Vanbastelaer, Mr. Beck, Kyle McCarthy , Nathan Grantz , and Anish Tamhaney.

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The McKinsey Crossword: Body Language | No. 166

Mckinsey and Company

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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2024 Proxy Season Considerations: Officer Exculpation for Delaware Corporations

Harvard Corporate Governance

Posted by Andrew Allen, Karen Dempsey, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Tuesday, February 6, 2024 Editor's Note: Andrew Allen is a Managing Associate, Karen Dempsey is a Partner, and Bobby Bee is a Practice Support Counsel at Orrick Herrington & Sutcliffe LLP. This post is based on their Orrick memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

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Adam Neumann Wants to Take Over WeWork

NYT M&A

Adam Neumann, the co-working company’s onetime chief, has sought for months to buy the now-bankrupt business, but accuses its current leaders of stonewalling him.

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How to Leverage Intent Data for Better Outcomes

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.

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When to invest in sales tax automation software

ThomsonReuters

Jump to: When to consider an automated tax software solution Benefits of sales tax automation software What if you don’t have a complex business model? Amidst a rapidly changing regulatory landscape, it can seem more challenging than ever to understand your sales tax obligations in every jurisdiction in which you do business. The tax complexities of interstate and international commerce are why most companies use some form of automated software to help track and calculate their organizatio

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NY Marketing Co. Gets OK For $51M Sale To Lender

Law 360 M&A

The marketing firm Troika Media Group received final approval Tuesday of its $11 million debtor-in-possession loan from secured lender Blue Torch Finance, and for its $51 million credit sale to Blue Torch.

More Trending

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Blackwells Starts Disney Proxy Fight, Blasts Fellow Activist

Law 360 M&A

Activist investor Blackwells Capital officially launched its proxy fight with Disney on Tuesday, urging the entertainment behemoth's shareholders to vote for its three board nominees and opposing the two offered up by fellow activist Trian Fund Management.

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Unlocking efficiency: the digital revolution in HR and beyond

Vested

Embracing digitisation in the HR world: overcome integration challenges, financial barriers, and skill gaps. Learn how digital tools can revolutionise HR.

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Competing In Dressage Makes Me A Better Lawyer

Law 360 M&A

My lifelong participation in the sport of dressage — often called ballet on horses — has proven that several skills developed through training and competition are transferable to legal work, especially the ability to harness focus, persistence and versatility when negotiating a deal, says Stephanie Coco at V&E.

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Adam Neumann seeks to buy WeWork out of bankruptcy

Financial Times M&A

Entrepreneur says he is partnering with Third Point but hedge fund says it has not committed to participating in any deal

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Statement of Cash Flows vs. Cash Flow Statement

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

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What Nonprofits Need to Know About Functional Expenses

Gross Mendelsohn

The issuance and implementation of the FASB not-for-profit financial presentation standard, Accounting Standards Update (ASU) 2016-14, back in 2016 resulted in changes to the presentation of GAAP-based financial statements for nonprofits. These changes were meant to provide financial statement reviewers, such as donors and lenders, with more relevant information about the status of an organization's current and future resources.

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Palo Alto Networks CFO on AI, cybersecurity, and the finance leader’s mandate

Mckinsey and Company

Dipak Golechha explains why he sees the current business environment as a ‘return to sense and sensibility’ for finance leaders.

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Inventory Management Systems: What's Right for Your Business?

Machen McChesney

If your business has significant inventory on its balance sheet, it can be costly. The carrying costs of inventory include warehousing, salaries, insurance, taxes, and transportation, as well as depreciation and shrinkage. Plus, tying up working capital in inventory detracts from other strategic investment opportunities.

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Use our free Business Health Check tool

JPAbusiness

The new year is under way and many businesses are taking stock and thinking about the future. You can use our free online Business Health Check tool to help you: ‘take the pulse’ of your business today, and identify key issues to focus on in the 12 months ahead.

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Mastering Intent Data: Understanding its Importance & Best Practices

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.

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Comment on AMCs Violating TILA and C&R Fee Clauses by Josephine Bracken

Appraisers Blog

Buyers are getting very smart about what they are being charged in real estate transactions, just ask the agent community. About time AMC got sued by a buyer due to costing buyers excess fees. Day may be coming sooner than they think only takes one buyer and one smart attorney.

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Woodside and Santos merger talks to create Australian LNG giant collapse

Financial Times M&A

$52bn deal between country’s two largest oil and gas companies would have created dominant liquefied natural gas provider

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Comment on Appraisal Reviews for $3 – The Devaluation of Appraisers by Baggins

Appraisers Blog

In reply to Lindsey. Buy a ghost key, or at least always copy the reo key’s so you eventually end up with a big fat roll of possible keys that may work. Keep a disposable freebie plastic card to slide past the lock, those work well on back doors with smaller framing. As the appraiser, you have permission to be there and get into that vacant home.

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Cannabis Giant Curaleaf Expands In This European Country Via New Acquisition

Benzinga

Curaleaf International, part of cannabis giant Curaleaf Holdings Inc (OTCQX: CURLF ) (TSX: CURA ), has expanded in Poland via the acquisition of Can4Med, the country's pharmaceutical wholesaler specializing in cannabinoid medications. This company said on Tuesday the move will enhance patient access to medical cannabis products across Europe. The rules imposed by Poland’s National Agricultural Support Center (KOWR), which became effective in 2022, further normalized industrial hemp in

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Amundi to buy private markets specialist Alpha Associates

Financial Times M&A

Europe’s largest asset manager becomes latest group to push into fast-growing alternatives sector

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Catalent Analysts Raise Their Forecasts Following Acquisition News

Benzinga

On Monday, Catalent, Inc. (NYSE: CTLT ) announced it will be acquired by Novo Holdings. Novo Holdings will acquire all outstanding shares of Catalent for $63.50 per share in cash. Alessandro Maselli, President and Chief Executive Officer of Catalent said, "Over the past several years, Catalent has built a comprehensive end-to-end offering of services and capabilities to drive innovation in the healthcare system and improve patient outcomes.

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UBS deepens cost cuts as it integrates Credit Suisse

Financial Times M&A

Swiss bank says it plans to buy back up to $1bn in shares this year

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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins

Appraisers Blog

In reply to Spencer Paul. Research keywords; Are kickbacks legal in lending. / (optional add on;) , wine and dine (top hit) [link] Here is a recent one which mentions dinners and events. [link] Check this one out. [link] Violations. The four words to guard against: “A Thing Of Value”. Cash is a thing of value. A discount is a thing of value. Tickets to the local theater are a thing of value.

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Linklaters, Slaughter & May Guide £2.5B UK Builders' Merger

Law 360 M&A

Barratt Developments PLC said on Wednesday that it will acquire Redrow PLC in an all-share offer that values the rival homebuilder at £2.5 billion ($3.2 billion) in a move it said will accelerate the construction of homes in Britain.

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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul

Appraisers Blog

In reply to Tom. LOL, gotcha. I’m on the panel, but rest assured, I have no means to effect what is, or is not charged to the Vet’s. I’m also not aware of how one could impact the fees one way or another. If you ask me, we are providing a service to the Vet that lets them know if the house is actually worth what they are paying. I have helped several vet’s pay less for a house that simply was not worth it.

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Appraiser Newsroom - Untitled Article

Appraiser Newsroom

This month we spotlight updates on the search for a new CEO, changes to the composition of the Board of Governors, and an example of the workings of the Board of Governors. CEO Search Chief Executive Officer Johnnie White is wrapping up his last weeks with ASA, with his last day scheduled as February 20. Our CEO Search Committee is working on the search with our outside executive search firm.

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Comment on How Many Fees Are Needed for One Appraisal Order? by Spencer Paul

Appraisers Blog

In reply to Eric Kretz. Not going to lie. I looked your name up as well. I assumed you were not the drummer. Would have been cool. ON a side note, an appraiser that is close to me appraised the house of Grohl.

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AI Image Co. Hit With $14.1M Verdict Over Low-Ball Buyout

Law 360 M&A

A California federal jury returned a $14.1 million verdict Monday in favor of investors alleging AI-imaging software company ArcSoft and its billionaire CEO duped them into selling their shares for less than they were worth by hiding information about the business's success, its move to China and its eventual IPO.

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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins

Appraisers Blog

In reply to Eric Kretz. There might be a few good amc’s out there. After clearing through something like a hundred of them over several years time, basically the entire TAVMA list at the time, I gave up. I kept trying for a while but never once ran across an amc with a fixed rate billing for their side services, which over time became my top priority, to escape the financial incentive to drive my fee down.

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Energy Firm Sued By Investors After $5M SEC Fraud Fine

Law 360 M&A

United Arab Emirates-based Brooge Energy Ltd. has been hit with a proposed class action, alleging it lied to the U.S. Securities and Exchange Commission and the public during the agency's investigation into the company's faulty accounting practices, which resulted in a $5 million fine last year.

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Comment on How Many Fees Are Needed for One Appraisal Order? by Baggins

Appraisers Blog

In reply to Eric Kretz. Dude said; ‘three to four hours, tops.’ Talk about detached from reality. Or maybe he lives in the heart of the city and takes elevators to provide appraisal services on perfect square boxes with plentiful comps, mere minutes away from the home office. Mr Ford posted a far more realistic break down just the other day; [link] Let me break this down for you; 1-3 hours MLS research and workfile development. 1-2 hours drive time. 1-2 hours inspection and comps. 6-

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2nd Circ. Won't Nix Award In Telecom Shareholder Fight

Law 360 M&A

The Second Circuit affirmed an arbitration award ordering the sale of a Latin American telecommunications tower after telling the contesting shareholders during oral argument it sounded like they had "buyer's remorse" about choosing arbitration.

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“Where’s my money?” Preparing for settlement adjustments in closing a business sale

IBG Business

Helping the seller anticipate and negotiate issues that can cause deviations from the expected sale proceeds can add unexpected value to involving an experienced M&A intermediary. In a business sale, forewarned is forearmed. An informed seller understands, and can be prepared for, the likelihood that the net value of their business at sale will be impacted by normal costs of a transaction and a wide variety of contractual adjustments.

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Assessing Merger Guideline Feedback With Machine Learning

Law 360 M&A

Large language modeling appears to show that public sentiment matches agency intent around the new merger control guidelines from the Federal Trade Commission and U.S. Justice Department, says Andrew Sfekas at Cornerstone Research.

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What exactly is direct tax?

ThomsonReuters

Jump to: What is direct tax? Examples of direct tax Understanding tax provision Understanding state apportionment Differences between direct and indirect taxes When a taxpayer must pay taxes directly to the government, meaning the taxes cannot be shifted to other entities or individuals, it is known as direct tax. This is the opposite of indirect tax.