Mon.Dec 12, 2022

article thumbnail

Abandoned and Split But Never Reversed: Borak and Federal Court Derivative Litigation

Harvard Corporate Governance

Posted by Mohsen Manesh (University of Oregon), Joseph Grundfest (Stanford University), on Monday, December 12, 2022 Editor's Note: Joseph A. Grundfest is William A. Franke Professor of Law and Business at Stanford Law School and Mohsen Manesh is Professor at University of Oregon School of Law. This post is based on their recent paper. J.I. Case Company v.

210
210
article thumbnail

Advisor Feature: Robert Lugo in Tampa, FL

Viking Mergers

Born and raised in Florida, Robert Lugo grew up in a family of entrepreneurs. After obtaining degrees in both Finance and Accounting, he went on to earn his Master of Science Degree in Entrepreneurship from the University of South Florida. Throughout his career, Robert has been deeply involved in all aspects of a business from operations to finance, HR, and business development and has a record of leading organizations to unprecedented growth.

Finance 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How Companies Are — and Aren’t — Leading on Climate Policy

Harvard Corporate Governance

Posted by Yamika Ketu, Todd Miller, Ceres, on Monday, December 12, 2022 Editor's Note: Yamika Ketu is a Senior Associate, and Todd Miller is a Manager of Governance at Ceres. The post is based on a Ceres memorandum by Ms. Ketu, Mr. Miller, Steven M. Rothstein , Anne Kelly , Heather Green and Adam Vaccaro. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A.

184
184
article thumbnail

What is a recession?

Mckinsey and Company

A recession is the part of an economic cycle that involves an economic contraction.

111
111
article thumbnail

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.

article thumbnail

Preparing your 2022 Form 20-F

Harvard Corporate Governance

Posted by Connie Milonakis, Michael Kaplan, Michael Willisch, Davis Polk & Wardwell LLP, on Monday, December 12, 2022 Editor's Note: Michael Willisch and Michael Kaplan are Partners and Connie Milonakis is Counsel at Davis Polk & Wardwell LLP. This post is based on their Davis Polk memorandum. This client update highlights some considerations for the preparation of your 2022 annual report on Form 20-F.

141
141
article thumbnail

Leadership lessons: Becoming a software company

Mckinsey and Company

Every company needs to become a software company to compete in the digital age. Here’s how some leaders have made that journey.

More Trending

article thumbnail

UK building materials provider Jewson to be sold by French owner

Financial Times M&A

The £740mn deal will lead to transfer of 600 branches to Danish group Stark

98
article thumbnail

Marijuana Banking: What Does Sen McConnell Want? 'It's Not Over 'Till It's Over' Says Analyst

Benzinga

Senate Minority Leader Mitch McConnell recently targeted cannabis banking reform (SAFE Act) when he called on Democrats Charles Schumer and Nancy Pelosi to strip the pot-related language from the defense bill last week before the National Defense Authorization Act (NDAA) was revealed. “House and Senate Democrats are still obstructing efforts to close out the NDAA by trying to jam in unrelated items with no relationship whatsoever to defense,” McConnell said on the Senate floor.

Banking 98
article thumbnail

The 2022 Law360 Pulse Leaderboard

Law 360 M&A

Check out the Law360 Pulse Leaderboard to see which first-in-class firms made the list this year.

98
article thumbnail

Broadcom-Vmware Deal Draws European Regulatory Attention, Rivian Pauses Mercedes-Partnered EV Van Plans For Europe, Credit Suisse Issued Loan On Suspicious Bills: Top Stories Monday, Dec. 12

Benzinga

Reuters. Broadcom's Vmware Draws More Regulatory Attention, This Time From EU. U.S. chipmaker Broadcom Inc's (NASDAQ: AVGO ) $61 billion Vmware, Inc (NYSE: VMW ) deal could hit a roadblock with EU antitrust regulators poised to open a full-scale investigation into the deal. Broadcom pined for early EU approval of the deal by highlighting competition from Amazon.com Inc (NASDAQ: AMZN ), Microsoft Corp (NASDAQ: MSFT ), and Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google in the cloud c

article thumbnail

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

article thumbnail

Top Firms Make Growth A Priority For 2023

Law 360 M&A

Law firm leaders are heading into 2023 with caution, anticipating a tighter budget in preparation for a prolonged period of economic challenge, but some BigLaw firms are planning to grow next year, with leaders eyeing opportunities to expand businesses to new locations and add to their attorney headcounts.

97
article thumbnail

Amgen/Horizon: swoop on rare disease specialist will push up debt load

Financial Times M&A

The strategic logic of buying Horizon is hard to fault.

97
article thumbnail

Microsoft To Get 4% Stake, 10-Year Partnership In $2.8B Deal With London Stock Exchange: What You Should Know

Benzinga

Microsoft Corp. (NASDAQ: MSFT ) announced on Sunday an investment in London Stock Exchange Group plc (OTC: LNSTY ) and a strategic partnership with the exchange. What Happened: Microsoft said it has agreed to buy about a 4% equity stake in LSE through certain investment funds affiliated with a consortium comprising BlackRock Inc. (NYSE: BLK ) and Thomson Reuters.

Equity 96
article thumbnail

Global M&A Trends: A Wider Slowdown but Still on Track to Surpass Pre-Pandemic Activity

National Law Review M&A

Louis Lehot Brandee L.

96
article thumbnail

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.

article thumbnail

Preparing for Annual Exit Conversations

Scott Mashuda

Owner Readiness: When to Begin Exit Conversations. Entrepreneurship is hard work. The rewards, challenges, and opportunities reserved for business owners and founders take an enormous amount of effort and sacrifice. Creating a profitable, successful business long-term is no small feat. However, a critical component missing from many entrepreneurs’ playbooks is an exit strategy and the on-going conversations that demystify and facilitate this process. .

article thumbnail

Turning commitments into action on the 1.5? pathway

Mckinsey and Company

In this episode, Mark Carney, co-chair of GFANZ, talks to our host Cindy Levy, a senior partner at McKinsey & Company. They discuss the challenges facing financial institutions on this journey and how to speed up the net-zero transition.

Banking 92
article thumbnail

CFIUS Clearance: GIC Private Limited and STORE Capital Corporation

National Law Review M&A

International Trade Practice at Squire Patton Boggs Jurisdiction: All Federal Type of Law: Corporate & Business Organizations Mergers & Acquisitions Financial Institutions & Banking

Banking 87
article thumbnail

Implementing inflation response strategies at defense companies

Mckinsey and Company

This article, the third in our series about inflation challenges within the defense industry, discusses how companies can implement measures to control inflation.

92
article thumbnail

Thoma Bravo continues tech deal spree with $8bn Coupa Software buyout

Financial Times M&A

Private equity group extends series of takeovers in 2022 following technology stock sell-off

Equity 76
article thumbnail

Digital transformations in energy retail: A shift toward advanced platforms

Mckinsey and Company

More energy retailers are transforming their digital platforms to cut costs and to stay competitive. We explore approaches to platform transformation and key questions to consider before embarking on a transformation journey.

90
article thumbnail

Automotive Aftermarket Industry to Grow Worth USD 529.88 Billion by 2028 | Fortune Business Insights

Benzinga

Pune, India, Dec. 12, 2022 (GLOBE NEWSWIRE) -- The global automotive aftermarket size is projected to reach USD 529.88 billion by 2028 and exhibit a CAGR of 3.8% during the forecast period. The digitization of automotive component delivery services results in greater supply diversity and higher price transparency for customers. The growing digitization of automotive component delivery services and the expansion of the automotive industry are likely to bolster the growth of the market.

article thumbnail

European talent is ready to walk out the door. How should companies respond?

Mckinsey and Company

Like their global peers, Europeans are thinking more about quitting, exacerbating a high job vacancy rate and a skills gap. New research shows how companies can emphasize “people factors” that workers say they need.

80
article thumbnail

Microsoft/LSEG: tech giants scramble to tie in data-rich stock exchanges

Financial Times M&A

Professional investors should keep a close eye on the trade-off between improved services and cost

75
article thumbnail

Lessons in leadership: Making government “a great place to work”

Mckinsey and Company

David Thodey has led successful transformations across Australia’s public and private sectors. He recently sat down with McKinsey to share his recipe for success.

80
article thumbnail

Federal Courts Should Adopt Supreme Court's Amicus Stance

Law 360 M&A

The federal courts of appeals should adopt the U.S. Supreme Court's new approach to amicus curiae briefs, which allows the friend-of-the-court submissions to be filed without consent from the court or the parties, says Lawrence Ebner at Atlantic Legal Foundation.

75
article thumbnail

The secret formula for growing midcap consumer companies

Mckinsey and Company

Eric Melloul, managing director of the investment group Verlinvest, shares his perspective on building a long-term growth portfolio in the consumer sector.

80
article thumbnail

Infinite Reality Inks $1.85B SPAC Deal Shaped By 3 Firms

Law 360 M&A

Immersive virtual experiences company Infinite Reality, represented by Fried Frank and Bryan Cave, has reached a deal to merge with Akerman-advised special-purpose acquisition company Newbury Street Acquisition Corp., the companies said Monday, in a transaction that will result in a business with an equity value of approximately $1.85 billion.

Equity 75
article thumbnail

Amgen to buy Horizon Therapeutics for $28.3bn

Financial Times M&A

California-based biotech wins three-way race to secure new drugs pipeline

72
article thumbnail

Catching Up With Delaware's Chancery Court

Law 360 M&A

The Delaware Chancery Court welcomed a new master last week to help handle an increasingly busy docket, which grew with new shareholder suits involving Warner Bros. Discovery Inc., JPMorgan Chase & Co., Centene Corp. and Walt Disney Co.

74
article thumbnail

Preparing for Annual Exit Conversations

Scott Mashuda

Owner Readiness: When to Begin Exit Conversations Entrepreneurship is hard work. The rewards, challenges, and opportunities reserved for business owners and founders take an enormous amount of effort and sacrifice. Creating a profitable, successful business long-term is no small feat. However, a critical component missing from many entrepreneurs’ playbooks is an exit strategy and the on-going conversations that demystify and facilitate this process.

article thumbnail

AGs Want Stay Of Albertsons Dividend Injunction Denial

Law 360 M&A

A D.C. federal judge on Monday refused to prevent Albertsons from paying a $4 billion dividend that attorneys general from the District of Columbia, California and Illinois say will have an anti-competitive effect ahead of the grocery chain's merger with Kroger — and the states immediately asked to stay the ruling while they appeal.

article thumbnail

The Inaugural Australia Lighter Summit

Lighter Capital

Australian startup leaders meet in Sydney, making lasting connections for growth and success. Since our launch in the Australian market back in 2020, we’ve had an opportunity to work with so many great tech companies and the founders behind their growth — they’re a valuable addition to the Lighter Community that now spans two continents. This year we had the opportunity to bring our Australian Community together, in person!

Banking 52
article thumbnail

3 Firms Cook Up $3.7B Go-Private Deal For Weber

Law 360 M&A

Weber, maker of grills and other outdoor cooking products, is being taken private by BDT Capital Partners in a $3.7 billion transaction guided by Cravath, Davis Polk and Sullivan & Cromwell, the companies said Monday.

59
article thumbnail

Top Headlines That Defined Internal Audit in 2022

Audit Board

For the past 12 years, I’ve taken year-end as an opportunity to recognize significant events impacting the internal audit profession. I’m pleased to continue the tradition, as 2022 gave us no shortage of worthy headlines. As we look back over the past year, the following headlines influenced internal auditors’ focus in 2022. . 1. Global Economic Growth Slows Amid Gloomy and More Uncertain Outlook.