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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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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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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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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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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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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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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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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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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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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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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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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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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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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Barratt to buy rival Redrow for £2.5bn

Financial Times M&A

UK housebuilder aims for £90mn in cost savings as developers deal with slowdown

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

Appraisers Blog

AMCs are profiting from high fees charged to borrowers, plus, they add extra technology fees. How many fees for one appraisal order?

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

Appraisers Blog

In reply to Spencer Paul. “Tom; which one are you referring to, superior, or more superior?? LMAO.” Just the plain “”superior appraiser” that was accusing me of being the whiner and complainer that causes the VA to set fees when I’m not even on the panel and have never been involved in the fee process.

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

Appraisers Blog

In reply to Superior Appraiser. When we went to court houses the reports were 6 pages long. The appraiser set the rules. Now they are 30 pages long and practically everyone but the appraiser sets the rules. You think the appraiser is screwing the Veteran yet the VA sets the fee? That makes no sense.

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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 How Many Fees Are Needed for One Appraisal Order? by Superior Appraiser

Appraisers Blog

In reply to Spencer Paul. You act like you are doing appraisals in the 1970’s, where you actually had to go to the county offices to verify sales, like I did. Pretty sure most of you have never been to the county offices. It used to take up to 12 hours to complete a report, now it’s down to 3-4 hours tops. If you think your VA fee is reasonable, it’s not.

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

Appraisers Blog

In reply to Eric Kretz. The Denver RLC has stated they are not lower their fee. They have stated they brought on too many appraiser’s without proper vetting and are having a hard time getting rid of some appraiser’s that can’t seem to put forth a professional effort. There is a literal legal process they have to adhere to in order to remove an appraiser.

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

Appraisers Blog

In reply to Baggins. Okay. No one is going to stop them. CFPB does not care unless it will make a big headline and cost someone hundreds of millions in fines that won’t get inforced or arbitrated for less or dismissed in appeal. I don’t have a smoking gun e-mail anymore, nor dates of phone calls.

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

Appraisers Blog

In reply to Eric Kretz. If they are taking 1600 and I’m only getting 800, no I would not. If I’m getting 800 (which is what I charge and I can only assume you are within the Denver RLC in the PNW) for a standard fee and they are charging the borrower another 100-150, fine. I can live with that. However, if they are charging the borrower 1600 and only given me half, no I won’t, because F them, that why.

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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. Such was a common theme of many of the legal pages regarding the issue. Lack of manpower to investigate what is often right out in the open, but difficult to prove legally.