Tue.Jan 16, 2024

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Strategic Compliance

Harvard Corporate Governance

Posted by Geeyoung Min (Michigan State University), on Tuesday, January 16, 2024 Editor's Note: Geeyoung Min is an Assistant Professor of Law at Michigan State University. This post is based on her recent article published in the UC Davis Law Review. Corporate compliance is at an inflection point, putting pressure on companies to reinforce their compliance programs more than ever before.

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What is fintech?

Mckinsey and Company

Fintechs are companies that rely primarily on technology and cloud services—and less so on physical locations—to provide financial services to customers.

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Trending Sources

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Insights From Delaware Litigators: What We’re Watching in 2024

Harvard Corporate Governance

Posted by Edward B. Micheletti and Arthur R. Bookout, Skadden, Arps, Slate, Meagher & Flom LLP, on Tuesday, January 16, 2024 Editor's Note: Edward B. Micheletti is a Partner and Arthur R. Bookout is Counsel at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

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How CEOs can mitigate compounding risks

Mckinsey and Company

When risks combine, the cumulative impact can have existential consequences. But leaders can prevent compounding risks from sneaking up on them by adapting risk processes to manage multiple threats.

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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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Judge Blocks JetBlue From Acquiring Spirit Airlines

NYT M&A

The ruling is a victory for the Justice Department, which had argued that the merger would reduce competition.

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Guarantees of origin: Playing a vital role in decarbonization

Mckinsey and Company

McKinsey spoke to Marijn van Diessen, chief commercial officer of STX, to discuss the necessity for guarantees of origin in the renewable energy market, particularly in the medium term.

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The McKinsey Crossword: Switching Places | No. 163

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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Investors raise billions to buy discounted stakes in start-ups

Financial Times M&A

Buyers return after secondary market for private shares was hit by higher interest rates

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The trends defining the $1.8 trillion global wellness market in 2024

Mckinsey and Company

Our latest Future of Wellness survey finds that consumers are taking greater control over their health—and expect companies to provide effective, science-backed solutions.

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BREAKING: Judge Blocks $3.8B JetBlue-Spirit Merger

Law 360 M&A

A Massachusetts federal judge on Tuesday blocked a proposed $3.8 billion merger between JetBlue Airways Inc. and Spirit Airlines, finding in a lengthy order that the deal would stifle competition in the low-cost carrier market.

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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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Closing the women’s health gap: A $1 trillion opportunity to improve lives and economies

Mckinsey and Company

Investments addressing the women’s health gap could add years to life and life to years—and potentially boost the global economy by $1 trillion annually by 2040.

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Shell to Sell Its Onshore Nigeria Oil Business for $1.3 Billion

NYT M&A

The energy company’s exit from onshore petroleum drilling in Nigeria is aimed to reduce risks, while it continues to produce oil and gas offshore.

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Geopolitics and the geometry of global trade

Mckinsey and Company

Global trade patterns are reconfiguring. More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead.

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Synopsys Strikes $35 Billion Deal to Buy Ansys

NYT M&A

The deal was the latest sign of changes in the tech sector, as artificial intelligence booms and sales of some hardware slows.

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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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Global Energy Perspective 2023: Industrial electrification outlook

Mckinsey and Company

Electrification is a critical decarbonization lever, but faces several supply chain challenges that will need to be overcome, representing significant value-creation opportunities.

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What to look for in a business broker [testimonial]

JPAbusiness

We recently facilitated the sale of a well-established and high performing family business in the construction and building sector, and I received some very nice feedback from one of the party’s solicitors. I want to share the solicitor’s feedback with you for two reasons: To blow our own trumpet, which is a nice thing to do occasionally; and To remind you of what to look for when choosing a business broker.

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Global Energy Perspective 2023: Energy value pools outlook

Mckinsey and Company

Investments in the energy sector are projected to grow from $1.5 trillion today to between $2.0 and $3.2 trillion by 2040, representing growth of between 35 and 120 percent.

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Shell agrees to dispose of Nigerian business for $1.3bn after 68 years

Financial Times M&A

Supermajor follows other international groups in region hit by oil theft, violence and environmental damage

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IRS Delays $600 Form 1099-K Reporting Requirement Threshold

Gross Mendelsohn

Tax season can be a confusing and stressful time for many, with various forms and reporting requirements to keep track of. One form, the 1099-K, is the subject of a delay by the IRS. The IRS recently announced the delay of a 2021 law that would require popular third-party payment organizations like PayPal and Venmo to send a Form 1099-K to taxpayers who received more than $600 in a calendar year.

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The chemicals industry of tomorrow: Collaborate to innovate

Mckinsey and Company

The world is looking for the next wave of innovation from the chemicals industry. Collaboration among incumbents, start-ups, and investors is the way to bring these innovations successfully to market.

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AmEx Selling Fraud Prevention Biz Accertify To Accel-KKR

Law 360 M&A

Technology-focused private equity shop Accel-KKR, advised by Kirkland & Ellis LLP, on Tuesday announced that it is buying online fraud prevention company Accertify from American Express, advised by Cleary Gottlieb Steen & Hamilton LLP.

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

Appraisers Blog

Any appraiser that accepts these terms should not be in this business. This industry is truly a bunch of whore mongers, selling their children to the lowest bidder as they obviously have takers. No doubt there is some moron out there with a license to kill gnawing at the bit to do these. Rethink that if you are reading this and think about the fact you are destroying any future you have left in this business.

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EXCLUSIVE: Key Legal And Tax Ramifications Of Federal Cannabis Rescheduling, Insights From Dykema Gossett PLLC

Benzinga

Amidst potential shifts in U.S. cannabis regulation, Lance Boldrey , leader of Cannabis Law Practice at Dykema Gossett PLLC , analyzes the potential impact of reclassifying cannabis to Schedule III under the Controlled Substance Act. Legal Challenges And Transition Strategies Boldrey said that rescheduling cannabis from Schedule I to Schedule III will pose unique legal challenges and likely necessitate FDA testing and approval for various uses of cannabis, impacting the current dynamics of the i

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

Appraisers Blog

In reply to Scott Taylor on Facebook. Oh no, Scott you’re tempting me to pull out old revision stipulations and post them online. That’s always entertaining. I mean anyone can buy into ‘appraisal review software’ and use it right out of the box. Literally anyone. There are hundreds of different software choices too. It’s easier than mowing a lawn.

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Federal Courts And AI Standing Orders: Safety Or Overkill?

Law 360 M&A

Several district court judges have issued standing orders regulating the use of artificial intelligence in their courts, but courts should consider following ordinary notice and comment procedures before implementing sweeping mandates that could be unnecessarily burdensome and counterproductive, say attorneys at Curtis.

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

Appraisers Blog

$3/Review? I don’t think that happened in the 80’s. I’m not a rocket surgeon, but 8 reviews a day = $24? Just have the underwriter order an AVM to rubber-stamp it back at value for $15. This seriously can’t be real.

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Panini Fearful Of Biz's Future If Fanatics Suit Is Tossed

Law 360 M&A

Trading card company Panini has asked a New York federal judge not to toss its antitrust lawsuit against rival Fanatics, Inc., arguing the suit's outcome could impact business for the next two decades.

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Global Energy Perspective 2023: Power outlook

Mckinsey and Company

Globally, power demand is expected to grow, with renewables accounting for an increasing proportion of the power mix.

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Toronto Weed Producer Seals Deal For Over $100M In Annual Revenue As RWB Finalizes Aleafia Health Buyout

Benzinga

Red White & Bloom Brands Inc. (CSE: RWB ) (OTC: RWBYF ) has wrapped its previously announced acquisition of Aleafia Health Inc. (OTCEM: ALEAF) and its subsidiaries. What Happened Under the deal, RWB (PV) Canada Inc., a wholly owned subsidiary of RWB, acquired the intellectual property assets of Aleafia Health and subscribed for shares in the capital of each of Emblem Cannabis Corporation, Canabo Medical Corporation and Aleafia Retail Inc.

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City brokers Panmure Gordon and Liberum to merge

Financial Times M&A

Combined business to be led by Panmure chief Rich Ricci and chaired by Liberum founder Shane Le Prevost

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The 5 Most Common Cybersecurity Failures and How to Fix Them

Internal Audit 360

F or the modern IT auditor, the digital landscape is a battleground. The enemy is a battalion of ever-evolving threats, and our weapons are layered defenses built on meticulous analysis and proactive vigilance. This constant state of war demands laser focus on the areas where our defenses are most likely to breach, those insidious weak points that act like holes in a network’s security posture.

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Synopsys to buy Ansys in $35bn design software deal

Financial Times M&A

Cash-and-stock agreement comes after a year of falling tech M&As amid heightened antitrust scrutiny

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What To Expect For Middle Market Company Valuations In 2024

Benchmark Report

The 13th annual survey conducted by Citizens Bank regarding the M&A outlook for 2024 points to the highest levels of optimism in several years for dealmaking activity this year. Solid expectations for the U.S. economy and rising enthusiasm among buyers underscore this much-welcomed optimism.

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Blank Rome Keeps Arbitral Win In Ex-Dickstein Partners' Suit

Law 360 M&A

A California appellate panel agreed Tuesday that an arbitrator was within his authority to find that Blank Rome LLP doesn't owe former Dickstein Shapiro LLP partners $4 million in a dispute over the characterization of the firms' tie-up.

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