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White & Case Veteran To Co-Head Global Comp Practice

Law 360 M&A

White & Case LLP announced Monday the addition of a second chair for its still-growing global competition practice, elevating a 16-year firm veteran to co-chair the group.

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Don't Ignore Problematic Merger Docs, FTC Comp Chief Says

Law 360 M&A

The Federal Trade Commission's top antitrust enforcer urged merging parties Wednesday to be fully open and transparent with reviewing staffers, warning that trying to get enforcers to ignore potentially problematic material just makes their jobs more difficult.

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Fried Frank Exec Comp Partner Moves To Paul Hastings In NY

Law 360 M&A

Executive compensation lawyer Jason Ertel has joined Paul Hastings LLP's global compensation, benefits and ERISA practice as a partner in New York, the firm said Thursday.

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What Are Comps and How Are They Used to Value Your Business?

Midstreet Blog

You may have heard of comparable sales (comps) before in the context of buying or selling a home. Comps are a highly valuable tool to find the value of a home or a business. One of the first steps in planning to sell your business is to get a business valuation.

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The Gist of Tornetta

Harvard Corporate Governance

Rather than our effort to distill to its essence the complicated, enormous lawsuit that TSLA shareholder Richard Tornetta won against CEO Elon Musk and eight directors to clawback $56 billion in exec comp? Now that TSLA published its preliminary proxy statement for its 2024 AGM, we know how the company wants to respond to that lawsuit.

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Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Howard Wettreich

Appraisers Blog

As far as I understand it, when an ROV is submitted to you by the lender, who may have received it from the borrower, they have to give you a valid and researched reason as to why their comp(s) is worthy of being considered and is better than your comp(s). This according to Dodd-Frank & the revised ROV rule.

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Comment on Low Value = Material Deficiencies? New FHA ROV Policy by Mary Cummins

Appraisers Blog

I’ve done some that have taken a couple of hours because they included many comps. I have to fully research each comp to determine if it’s a true comp or not. I even had one AMC tell me I should go drive by the new comps provided. Then I have to state why it is or isn’t.

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