Harvard Corporate Governance

NOVEMBER 2, 2023

Posted by Cydney S. Posner, Cooley LLP, on Thursday, November 2, 2023 Editor's Note: Cydney S. Posner is Special Counsel at Cooley LLP. This post is based on her Cooley memorandum. As part of its fiscal-year-end enforcement surge, the SEC filed charges against three former executives of Pareteum Corporation, a telecommunications and cloud software company, for fraudulent revenue recognition practices—a settled action against the former controller and a complaint against the former CFO and f

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NYT M&A

NOVEMBER 2, 2023

The deal would generate more than $3 billion in revenue for the companies, they projected in a statement. The merger comes after years of financial challenges for Six Flags.

Mergers & Acquisitions 124

Mergers & Acquisitions 124

Harvard Corporate Governance

NOVEMBER 2, 2023

Posted by Amanda Rose (Vanderbilt Law School), on Thursday, November 2, 2023 Editor's Note: Amanda M. Rose is Professor of Law at Vanderbilt University Law. This post is based on her article forthcoming in the Columbia Business Law Review. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) and Will Corporations Deliver Value to All Stakeholders?

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ThomsonReuters

NOVEMBER 2, 2023

Jump to: What does SAS 145 address? 9 steps to apply SAS 145 Managing SAS 145 compliance What does SAS 145 address? At a high level, SAS 145 addresses a company’s system of internal control and information technology. It also revises the definition of significant risk so that auditors will be focused on where the risks lie on a spectrum of inherent risk.

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Compliance Technology 105

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.

Marketability

Appraisers Blog

NOVEMBER 2, 2023

In reply to Mark Davis. Did you catch IW today? More Darrien Gap ngo news, beyond shocking. The army marches on. Tens of thousands every day now, headed to a community near you, literally.

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A Neumann & Associates

NOVEMBER 2, 2023

When it comes time to selling your business, there will be tremendous emphasis on the financials. There is no doubt that the performance of the company leading up to and during the sale process is a prominent factor – both for proper valuation and structuring the ultimate transaction. However, strong financial performance alone does not guarantee a successful experience or even an executed deal.

Banking 95

Banking Finance Marketability 95

Redpath

NOVEMBER 2, 2023

M&A advisors perform a vital role, helping buyers and sellers understand and navigate the M&A process to achieve their goals.

Finance 110

Finance 110

Avanade

NOVEMBER 2, 2023

How can you lead the way in responsible AI adoption for a brighter future? Find out in this blog post by our European AI & IoT Lead, Yolanda Alonso Cid.

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Machen McChesney

NOVEMBER 2, 2023

Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business travel expenses. There may be a way to simplify the reimbursement of these expenses. In Notice 2023-68, the IRS announced the fiscal 2024 special “per diem” rates that became effective October 1, 2023.

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N Contracts

NOVEMBER 2, 2023

A recap of enforcement actions in 2023 including deceptive banking practices, third-party oversight, redlining, BSA/AML, credit concerns and other issues

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Banking Compliance 89

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

Corporate Finance

Appraisers Blog

NOVEMBER 2, 2023

In reply to Baggins. [link] Related. Foreclosure stats. If prices come down, and inflation comes under control, we could see a wave of foreclosures hard to imagine. How about nearly a million under current economic conditions just for starters. Remember when I was talking about researching treasurer public default notices? Yeah, and then some. The trend continues.

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Law 360 M&A

NOVEMBER 2, 2023

A proposed class of Okta investors are asking a California federal judge for class certification in their suit accusing the software company of misleading the market about a 2022 cyberattack and urging the court to appoint Labaton Sucharow LLP as class counsel.

Marketability 75

Marketability 75

Appraisers Blog

NOVEMBER 2, 2023

In reply to Baggins. The entire international banking system has already collapsed and we are going through the convulsions of that collapse. The bankers have lobbied their puppets in government to convert to CBDCs as the “solution” to their folly hoping that it will hide their malfeasance along with a series of “emergencies” such as another pandemic, WW III, ET aliens, border crisis, and God knows what else.

Banking 76

Banking 76

Law 360 M&A

NOVEMBER 2, 2023

The Ninth Circuit has declined to take on an appeal from the Ultimate Fighting Championship challenging the class certification granted to a group of UFC fighters accusing the organization of repressing their wages to the tune of more than $1 billion.

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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.

Marketability

Appraisers Blog

NOVEMBER 2, 2023

In reply to Pat Turner. Pat, I just got an offer for 1004 for $375. All they can offer without going back to the lender. I reminded the AMC there is a Dodd Frank Act: appraisers needs to be paid customary and REASONABLE fee… This company shows the appraiser fee, and I know they take ~20%. So mortgage companies are as much in fault as AMCs.

Appraisal 76

Appraisal 76

Benzinga

NOVEMBER 2, 2023

Pure Life Healthcare Managemen t, an integrated wrap-around health provider announced the acquisition of Revolution Medical Cannabis, a virtual clinic specializing in the delivery of medical cannabis for the Canadian market. The strategic acquisition, announced Wednesday, strengthens PLHM's commitment to revolutionizing healthcare delivery and expanding its digital footprint in the telehealth sector.

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Marketability 59

Appraisers Blog

NOVEMBER 2, 2023

Blaming appraisers for the income gap will never solve the real underlying problem. It's as ridiculous as blaming them for gas prices.

Appraisal 76

Appraisal 76

N Contracts

NOVEMBER 2, 2023

BRENTWOOD, Tenn., November 2, 2023 -- Ncontracts , the leading provider of integrated compliance, risk management, and vendor solutions for the financial service industry, and findCRA , a nationally-recognized RegTech company providing cloud-based CRA research software, have announced a new strategic relationship.

Banking 59

Banking Compliance 59

Appraisers Blog

NOVEMBER 2, 2023

Blaming appraisers for the income gap will never solve the real underlying problem. It's as ridiculous as blaming them for gas prices.

Appraisal 76

Appraisal 76

Financial Times M&A

NOVEMBER 2, 2023

Potential stake for Czech billionaire is making politicians nervous

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Appraisers Blog

NOVEMBER 2, 2023

Blaming appraisers for the income gap will never solve the real underlying problem. It's as ridiculous as blaming them for gas prices.

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Appraisal 76

RNC

NOVEMBER 2, 2023

Company valuation is a crucial component that can make or break a deal in the dynamic world of mergers, acquisitions, and other complex financial transactions. Accurate asset valuation is essential for determining a company’s value, as well as for ensuring that all parties involved benefit from a just and equitable resolution. In this blog, we’ll examine the nuances of valuing assets in intricate transactions and talk about the crucial processes to arrive at an accurate company valua

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Intangible Assets Fair Market Value Appraisal Mergers & Acquisitions 52

Peak Business Valuation

NOVEMBER 2, 2023

Businesses in the masonry industry provide construction and repair services using masonry materials. This includes working with bricks, concrete blocks, stone, and mortar. IBIS World notes that the masonry industry has had steady profit and revenue growth in recent years. This trend will likely continue in the coming years. As such, it may be a good time to buy , expand , or sell a masonry company.

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Discounted Cash Flow Business Valuation Appraisal Fair Market Value 52

Auto Dealer Valuation Insights

NOVEMBER 2, 2023

Scott A. Womack, ASA, MAFF and David W. R. Harkins, CFA, ABV are attending the 2023 Tennessee Federal Tax Conference in Franklin, Tennessee, held on November 15, 2023 – November 17, 2023. The conference is co-sponsored by TSCPA and the Tennessee Federal Tax Institute and brings together national and local tax leaders to deliver the latest on international tax, estate planning, federal tax, SALT.

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ThomsonReuters

NOVEMBER 2, 2023

Multinational companies the world over face an increasingly common problem —namely, they are finding it difficult to hire people with the skills and experience needed to fill many key global trade management positions. This fact was revealed in the Thomson Reuters® Institute (TRI) Global Trade Report 2023 , where 33% of the companies surveyed continue to be understaffed and 53% have plans to actively recruit for new roles in global supply chain management. 37% of respondents also said they are c

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Compliance Technology Marketability 52

RNC

NOVEMBER 2, 2023

RNC collaborated with Assocham as Valuation Partners at the 8th National Summit on Insolvency & Bankruptcy Code and Valuation. Our esteemed Managing Partner & Co-Chairperson of the Assocham National Council, Mr. Sahil Narula, took center stage spearheading discussions on “Developing a Framework for Assessing Insolvency Regime Outcomes” We believe, Collaboration is key in revolutionizing Valuation practices, and together, we’re shaping the future of this dynamic landscap

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Rhythm Systems

NOVEMBER 2, 2023

I recently spoke at The Channel Company’s Best of Breed Conference in Atlanta. I had the opportunity to listen to other speakers and learn firsthand what other companies were thinking about and working on. AI, of course, was the big topic this year.

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ThomsonReuters

NOVEMBER 2, 2023

Jump to: The tax environment and the need for efficiency The role of automation, APIs, and AI in enhancing efficiency and accuracy AI: Role and potential The future of tax automation and the opportunities for firms Tax and accounting professionals face a perfect storm of challenges in today’s environment: talent shortage, workload compression, regulatory changes, and technological innovation.

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Technology Accounting Firms Compliance 52

John Jenkins

NOVEMBER 2, 2023

If you needed any more proof about how challenging M&A financing conditions are, check out this recent Axios article, which says that equity contributions to US LBO transactions are at record levels.

Finance 49

Finance Equity 49

Benzinga

NOVEMBER 2, 2023

ST. LOUIS, Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Lighthouse for the Blind (LHB), a not-for-profit organization based in St. Louis that specializes in chemical manufacturing, filling, and packaging, has successfully acquired the assets of Falcon Safety Products located in Branchburg, New Jersey. As part of this acquisition, LHB plans to establish two new facilities in Berkeley, Missouri, with the aim of expanding employment opportunities for individuals who are legally blind.

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Marketability 59

Norman Marks

NOVEMBER 2, 2023

First, we had the Wells Fargo case, where the CRO and CAE have both been charged with negligence or worse, a crime for not reporting risk management deficiencies to the board and the regulators. I discussed it earlier. Now the SEC is charging a CISO with fraud!

Compliance 45

Compliance 45

Benzinga

NOVEMBER 2, 2023

Cedar Fair (NYSE: FUN ) has announced a merger with Six Flags Entertainment (NYSE: SIX ) that is expected to be completed 2024-H1. Under the terms of the agreement, Cedar Fair has agreed to give Six Flags Entertainment $8.00 billion in in exchange for SIX stock. Currently, neither company has disclosed whether the paymentwill be in cash or in stock.

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Financial Times M&A

NOVEMBER 2, 2023

Onepoint, which has built a 10% stake in the French IT group, says price agreed with Czech billionaire is too low

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Benzinga

NOVEMBER 2, 2023

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO ), Tiger Infrastructure Partners ("Tiger") and Modern Aviation (the "Company" or "Modern") today announced that they have entered into a definitive agreement for Apollo-managed infrastructure funds (the "Apollo Funds") to acquire a majority stake in Modern Aviation, a fixed base operator (FBO) platform serving business and general aviation, as well as commercial, cargo and military aircraft at airports across North America.

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