Tue.Aug 08, 2023

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IFRS Releases New Global Sustainability Disclosure Standards

Harvard Corporate Governance

Posted by David Lopez, Francesca Odell, and Tamrin Ballon, Cleary Gottlieb Steen & Hamilton LLP, on Tuesday, August 8, 2023 Editor's Note: David Lopez and Francesca Odell are Partners and Tamrin Ballon is an Associate at Cleary Gottlieb Steen & Hamilton LLP. This post is based on a Cleary Gottlieb memorandum by Mr. Lopez, Ms. Odell, Ms. Ballon, and Jorge U.

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Comment on AMC Hires a Convicted Felon as Property Data Collector by Baggins

Appraisers Blog

Attention. I have the cherry on top to this entire story. [link] Holy smokes! This is the cherry on top for the PAREA program as well as the PDC program. And you know, anyone with an ounce of pc and photoshop related skills can and do create similar documents at home for themselves, unbeknownst to anyone else, unless they are identified individually. _ The business advertised its products as theatrical props, educational tools and good material for playing a joke.

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Testimony at the Subcommittee on Capital Markets Hearing: “Reforming the Proxy Process to Safeguard Investor Interests”

Harvard Corporate Governance

Posted by Chris Netram, National Association of Manufacturers, on Tuesday, August 8, 2023 Editor's Note: Chris Netram is the Managing Vice President of Policy at the National Association of Manufacturers. This post is based on his testimony. The NAM is the largest manufacturing association in the United States, representing nearly 14,000 manufacturers of all sizes and in every industrial sector.

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Safeguard your legacy by avoiding these 8 estate planning pitfalls

LaPorte

(authored by RSM US LLP) Estate planning tips to help you avoid common pitfalls and safeguard your wealth and legacy. The post Safeguard your legacy by avoiding these 8 estate planning pitfalls first appeared on LaPorte.

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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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Index Providers: Whales Behind the Scenes of ETFs

Harvard Corporate Governance

Posted by Yu An (Johns Hopkins University), Matteo Benetton (University of California, Berkeley), and Yang Song (University of Washington), on Tuesday, August 8, 2023 Editor's Note: Yu An is an Assistant Professor of Finance at Johns Hopkins University, Matteo Benetton is an Assistant Professor of Finance at the University of California, Berkeley, and Yang Song is an Associate Professor of Finance at the University of Washington.

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Penn Buys $1.5B ESPN Bet Rights, Backs Out Of Barstool

Law 360 M&A

ESPN Inc. and its affiliates have signed an exclusive 10-year online sports betting agreement with Wachtell Lipton-led Penn Entertainment Inc. that will see Penn relaunch its online Barstool Sportsbook as ESPN Bet, while selling Barstool Sports back to its founder, David Portnoy, according to statements issued Tuesday.

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More Trending

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Geopolitical resilience: The new board imperative

Mckinsey and Company

Geopolitical risk is at the top of the CEO agenda. Board members can help by sharpening their understanding of the geopolitical context, monitoring developments, and exercising oversight over the controls to mitigate these risks.

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Comment on Fighting for Consumer Protection & the Appraisal Industry by Baggins

Appraisers Blog

Attention. I have the cherry on top. [link] Holy smokes! And you know, anyone with an ounce of pc and photoshop related skills can and do create similar documents at home for themselves, unbeknownst to anyone else, unless they are identified individually. _ The business advertised its products as theatrical props, educational tools and good material for playing a joke.

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From product-led growth to product-led sales: Beyond the PLG hype

Mckinsey and Company

It’s touted as a panacea for tech companies, but a product-led growth strategy often has to be complemented by elements of a more traditional enterprise model to succeed.

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Comment on The Nightmarish End of Home Appraisals by Fitz Turner

Appraisers Blog

As with all banned words, Freddie’s list will lead to the need to ban additional words over time as appraisers will find synonyms.

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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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New Zealand Antitrust Arm Clears Microsoft-Activision Deal

Law 360 M&A

New Zealand's Commerce Commission, the country's regulatory body on competition, said on Tuesday that it had given Microsoft clearance to acquire video game company Activision Blizzard, though the $68.7 billion deal is still under scrutiny in the U.S. and U.K.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Baggins

Appraisers Blog

I asked admin for post above to be removed, just covered that all before. Found yet another gem free reading news today. Oh the miracles of the internet. Who really wants to help the poor? Article on real world results of subsidized housing.

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Quarles & Brady Guides Molson Coors' 1st Liquor Purchase

Law 360 M&A

Quarles & Brady LLP of Milwaukee has guided Molson Coors Beverage Co. on a new agreement to acquire Blue Run Spirits, marking the beer brewer's first-ever spirits acquisition, according to a statement from Molson Coors and Blue Run on Tuesday.

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Comment on The Real Cause of the Home Value Gap Is the Income Gap by Kenneth Mullinix

Appraisers Blog

In reply to Maria. Actually, there is a law firm that is doing just that, coordinating with homeowners, like an accident attorney firm so you are correct. I am most likely going to go after that homeowner one day. He has another appraisal done right after mine and he will not release it to HUD so he is hiding something.

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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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In-Office Engagement Is Essential To Associate Development

Law 360 M&A

As law firms develop return-to-office policies that allow hybrid work arrangements, they should incorporate the specific types of in-person engagement likely to help associates develop attributes common among successful firm leaders, says Liisa Thomas at Sheppard Mullin.

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Comment on The Real Cause of the Home Value Gap Is the Income Gap by an appraiser

Appraisers Blog

In reply to Kenneth Mullinix. Kenneth, I had something similar happen to me. A Seller filed a complaint with the state board against me ~ the basis of the complaint was racial bias. The lender ordered a second appraisal which magically was the same # as the purchase price. After 14 months I was vindicated by the state board. I am now pursuing the Seller.

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ADT Selling Commercial Unit To PE Firm GTCR For $1.6B

Law 360 M&A

Cravath-led ADT Inc. said Tuesday it has agreed to sell its commercial security, fire and life safety business for $1.6 billion to Chicago-based private equity firm GTCR.

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The McKinsey Crossword: Job Placement | No. 140

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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Reporting UTPs on Your Financial Statements

Machen McChesney

It can be difficult for business owners to navigate the tax code and monitor tax law developments. One area of special concern is financial reporting for uncertain tax positions (UTPs). Here’s some insight to help clarify matters.

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Five key action areas to put Europe’s energy transition on a more orderly path

Mckinsey and Company

To fulfill its ambitious net-zero agenda, the European Union would need to significantly increase the speed and scale of the transition while ensuring affordability, security, and growth.

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Comment on Beware of Bifurcated Appraisals by Baggins

Appraisers Blog

[link] Holy smokes! This is the cherry on top for the PAREA program as well as the PDC program. And you know, anyone with an ounce of pc and photoshop related skills can and do create similar documents at home for themselves, unbeknownst to anyone else, unless they are identified individually. _ The business advertised its products as theatrical props, educational tools and good material for playing a joke.

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Enterprise Risk Management (ERM) Fundamentals

Audit Board

Enterprise risk management is a methodology of risk management, taking a top-down approach to the risk management process, and taking into account the organization and senior management’s business objectives and strategic objectives. ERM integrates traditional risk management strategies, internal controls best practices, and otherwise siloed risk activities, giving stakeholders a deeper view of the company’s risk profile.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Baggins

Appraisers Blog

Incredible from people so firmly entrenched in their own managerial class segment and other niche pockets of society. Outsiders need not apply. The human choices people make create conditions which influence market reactions to price and value. When the ability to participate in that segment of the market becomes limited, there is a reduced potential due to a smaller pool of market participators.

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Tax complexities don’t have to offset the benefits of open-end real estate funds

LaPorte

(authored by RSM US LLP) Explaining the tax complexities associated with open-end real estate funds and how advanced digital applications can handle them. The post Tax complexities don’t have to offset the benefits of open-end real estate funds first appeared on LaPorte.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Will

Appraisers Blog

We are not allowed to talk about the one group that FBI statistics tells us is far more violence prone, drops out of school more often and tends to be the sole group featured in every YouTube video regarding violence, robbery and mayhem. Those members of that particular group who can afford to leave just up and leave those group neighborhoods and no other group wants to live in that particular group neighborhood even though prices are cheaper.

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Buying an HVAC Company With an SBA Loan

Peak Business Valuation

Buying an HVAC company is a great opportunity. However, it can be financially demanding. An SBA loan for an HVAC company can make a significant difference and help you achieve your ambitions. In this article, we show you how to buy an HVAC company with an SBA loan. We love sharing our expertise to ensure your success in acquiring and growing an HVAC business.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Honest Appraiser

Appraisers Blog

How is Ms Fudge going to explain these neighborhoods being taken over by illegal aliens who then repair the homes and the values go UP because people are willing and able to pay for them!! Meanwhile… how does this help housing AFFORDABILITY???

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ADT Beats Q2 Earnings Estimates, Sells Commercial Business For $1.6B To Curb Debts

Benzinga

ADT Inc. (NYSE: ADT ) reported a second-quarter (Q2) 2023 sales decline of 0.5% year-on-year to $1.59 billion, missing the consensus of $1.65 billion. Adjusted EPS of $0.16 beat the consensus of $0.06. The end-of-period recurring monthly revenue (RMR) of $382 million rose 4% Y/Y. Trailing 12-month gross customer revenue attrition was 12.5%, a 20-basis-point improvement versus the prior year period.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Loidene

Appraisers Blog

I find it very interesting that Ms. Fudge doesn’t seem to understand that the fundamentals of appraising a property. When searching for comparable properties, the appraiser must first search the Immediate neighborhood. From Fannie Mae Selling Guild B4-1.3-08, Comparable Sales (03/02/2022) “Comparable sales from within the same neighborhood (including subdivision or project) as the subject property should be used when possible, and must be used in certain instances (see below).

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Molson Coors Beverage Acquires Whiskey Producer Blue Run Spirits, Marking It First Spirits Acquisition

Benzinga

Molson Coors Beverage Company (NYSE: TAP ) has reached an agreement to acquire a producer of bourbon and rye whiskies, Blue Run Spirits for an unknown sum. The deal is expected to broaden Molson Coors' evolution as a total beverage company, away from its history as just a beer company, and will provide Blue Run with growth resources. The acquisition will more than double the size.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Mary T Thompson

Appraisers Blog

This is simple Ms Fudge… Go to the heart of the issue! TALK to the buyers. Ask them WHY they are paying less in minority neighborhoods. Get the hard answers, fix them and values will rise. Some things cannot be fixed and those in and of themselves hinder values.Not The Appraisers. Why did Fudge decide to live in a Black Neighborhood? She chose to be around like minded people and those who look like her and that is her rightful decision to make.

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Transcat Bolsters Its High Margin Rental Business Via Acquisition Of Axiom For $38M

Benzinga

Transcat Inc (NASDAQ: TRNS ) has acquired all of the capital stock of privately-held Axiom Test Equipment, Inc , effective August 8, 2023. The company paid the $38 million purchase price through a combination of $28 million in company stock and $10 million in cash. Axiom is a rental provider of Electronic Test Equipment to customers across the U.S. The company has 26 employees and is headquartered just outside of.

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Comment on Isn’t that Just PAVEY! PAVE Response and Marcia Fudge by Charles Minzenberger, SRA

Appraisers Blog

This is a good piece as usual Dave, thanks for sharing. I’ve watched several hearings and clearly there is an agenda to scapegoat appraisers. Tobias Peter’s testimony was very compelling at one hearing, by introducing one data set, the applicant’s credit score, the Freddie study just falls apart. While I do believe Ms Fudge is bias herself she is of little importance in the grand scheme, I think you have touched on the primary issue.

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Carlyle Takes Significant Minority Stake In Singapore-Based Engineering Services Firm Quest Global

Benzinga

The Carlyle Group Inc (NASDAQ: CG ) inked a definitive deal to acquire a significant minority stake in Quest Global for an undisclosed amount. As part of the deal, the current investors Bain Capital and Advent International will leave, Quest Global will repurchase own shares and Ajit Prabhu, Chairman and CEO of Quest Global, will buy an additional interest in the company.

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