IVSC

APRIL 12, 2024

CAS-IVSC International Valuation Conference 2024 The China Appraisal Society (CAS) and the International Valuation Standards Council (IVSC) recently co-organised an international valuation conference, hosted by the Shanghai National Accounting Institute (SNAI) from 11 – 12 April 2024. Attendees included Mr. Yu Weiping, Vice Chairman of the Committee on Economic Affairs of the CPPCC National Committee, President of the CAS, and Mrs.

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Intangible Assets Banking Appraisal Finance 130

Harvard Corporate Governance

APRIL 12, 2024

Posted by Brittany Lewis (Washington University in St. Louis), on Friday, April 12, 2024 Editor's Note: Brittany Lewis is an Assistant Professor of Finance at Olin Business School, Washington University in St. Louis. This post is based on her recent article forthcoming in the Journal of Financial Economics. According to Griffin, Kruger, and Maturana (JFE, 2021), “ten years after the financial crisis, the central question of what explains the rise and fall in house prices remains unresolved.

Finance 117

Finance 117

Benzinga

APRIL 12, 2024

Cannabis industry's leading hiring platform Vangst has acquired CannabizTemp, the temporary staffing division of CannabizTeam. What Happened The company said on Friday the acquisition was 50% cash and 50% stock and is the first acquisition in the cannabis human resources (HR) space. The integration of CannabizTemp customers into Vangst will commence immediately.

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Harvard Corporate Governance

APRIL 12, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, April 12, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of April 5-11, 2024 Proposed Amendments to DGCL on Stockholder Contracting Would Create More Problems Than They Purportedly Solve Posted by Sarath Sanga (Yale) and Gabriel Rauterberg (University of Michigan), on Friday, April 5, 2024 Tags: amendments , delaware , DGCL , moelis , stockholder contracting A De

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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

Law 360 M&A

APRIL 12, 2024

European Union antitrust authorities on Friday approved Illumina's plan to sell off Grail, the latest development in a saga that saw the biotech company reverse course and agree to offload the cancer-screening company after authorities claimed the reacquisition was completed "unlawfully.

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Mckinsey and Company

APRIL 12, 2024

Amid a slower deal environment, private equity buyout managers can adapt their approach to value creation—and, as a first step, emphasize improvements to operational efficiency.

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Equity 99

Mckinsey and Company

APRIL 12, 2024

Alex Hardiman, chief product officer of the New York Times, shares how a strong product-led strategy can elevate organizations across industries.

Technology 101

Technology 101

Law 360 M&A

APRIL 12, 2024

The Federal Trade Commission is opening an in-depth review of Synopsys' $35 billion acquisition of fellow software company Ansys, with Synopsys telling investors that the agency had issued a "second request" for information from both companies.

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Appraisers Blog

APRIL 12, 2024

How many of you would be surprised to know: “It’s funny, because FNMA’s collateral underwriter tool has a line item adjustment it makes on every comparable called the “CBG” adjustment. CBG stands for Census Block Grid. It’s essentially a location adjustment based on the median values of homes in that CBG. In my opinion, this adjustment the FNMA model makes is pretty much, in my personal opinion, is the equivalent of red lining.

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Appraisal 98

Mckinsey and Company

APRIL 12, 2024

To help insulate themselves from economic headwinds, luxury brands have focused much of their attention on serving high-net-worth consumers. But aspirational luxury consumers are just as important.

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Marketability 78

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

APRIL 12, 2024

In reply to Spencer Paul. Mature would possibly describe living fauna. Presuming nothing new was planted. This is also a human term. Try specifics; well established landscaping, xeriscaping, natural fauna, shrubs, bushes, small, large trees, garden, retaining wall, grass and sprinkler system, drip lines, trellace, shed, patios, new fence. Specifics help answer misconceptions about generalizations, can help prove value, and verify legal use.

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Appraisal 98

Financial Times M&A

APRIL 12, 2024

Deal by LetterOne comes after court victory for co-founders Mikhail Fridman and Petr Aven as they challenge EU sanctions

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Appraisers Blog

APRIL 12, 2024

In reply to Spencer Paul. They said the word close is considered an opinion and instead I should use the actual distance to what is being referenced. Whatever. Seek the truth.

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Appraisal 98

Sun Acquisitions

APRIL 12, 2024

Mergers and acquisitions (M&A) are complex financial transactions that often involve various components to structure a successful deal. In the world of M&A, it’s not uncommon to see a mix of seller financing , equity investment , and all-cash elements coming together to create a mutually beneficial arrangement for buyers and sellers. This blog post explores the advantages and considerations of using these elements in M&A deals.

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Finance Equity Compliance 59

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

APRIL 12, 2024

In reply to Baggins. Always appreciate your takes and views. I have been using ‘established landscaping’ going forward. Also, I’ve been using ‘Updated landscaping’ with specifics for xeriscape and newer yard improvements. The remediation of the AMC’s by the lender is real thing. Even realtors to specific lenders (locally) have threated no future business if you don’t remove a specific appraiser.

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

A Colorado federal judge on Friday denied an auto part supplier's bid to force a business partner to follow through on an exclusivity deal, ruling that a temporary restraining order may not prevent the supplier from having to shut down a facility.

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Appraisers Blog

APRIL 12, 2024

In reply to Jason Haroutunian on Facebook. I got lender spanked for using “mature landscaping” Its a specific description, and not a generalization. The PC police are pants on head silly. I can only conclude they want robots if they want us at all.

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

An international tribunal ordered South Korea to pay Mason Capital Management LLC $32 million in a long-running investor-state suit filed by the New York-based hedge fund over the 2015 merger of two Samsung affiliates, according to the South Korea Ministry of Justice.

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Appraisers Blog

APRIL 12, 2024

Some words don’t belong in an appraisal, as for instance words used in promoting the sale of a property. Others do belong, as when the appraisal form asks to describe the condition of the physical elements of the property in the pertinent fields. Omission of other general terms such as places of worship might just be interpreted as misleading. Such a term does not describe any particular faith and the reader and user of the Appraisal might want to know if there’s a church, or synagogue, or a mos

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

The leaders of the U.S. and European antitrust agencies said Friday their views are broadly aligned on many competition policy issues, though they also outlined opposing approaches to companies that want to collaborate on sustainability projects.

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Appraisers Blog

APRIL 12, 2024

In reply to Eric Kretz. Use seasoned landscaping. I was working with Solidifi on an order and they did the same thing. It was the chief appraiser that called and explained things for me. He hated to make the call and thought it was a joke too, but obviously has to play the game. I said I could use seasoned landscaping instead and he said that a good idea and was going to use that himself moving forward.

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

Blackwells Capital LLC has fired back at Braemar Hotels & Resorts Inc. with a lawsuit against the hotel REIT and its board chair Monty Bennett, seeking a green light to move forward with a campaign to place its own candidates on the company's board.

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Appraisers Blog

APRIL 12, 2024

In reply to Bill Johnson. This is odd. I use “the subject is in proximity to XX” all the time and no issues. I have used “comparables are closer to XX external factors” and still no issues.

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Appraisal 98

Auto Dealer Valuation Insights

APRIL 12, 2024

Mercer Capital’s Atticus L. Frank, CFA, ABV is presenting to the Venice Area Estate Planning Council on Monday, April 22, 2024, in Venice, Florida. Frank’s session is titled “2024 Business Valuation Update for Estate Planners.” In his presentation, he will discuss how recent court cases and legislative changes may affect estate planning for FLPs, LLCs, and privately held businesses.

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Business Valuation 52

Appraisers Blog

APRIL 12, 2024

In reply to Bill Johnson. There is appraisal review (technical review), requiring a licensed appraiser. And there is administrative review, which encompasses only a limited pre defined scope of ‘review’ (QC checklist, including sufficient knowledge of the appraisal process). Does policing opinions and requiring language changes fall under acceptable administrative review?

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

Entertainment and production giant Lionsgate on Friday is raising the amount of its private investment in public equity related to its planned $4.6 billion merger with special purpose acquisition company Screaming Eagle Acquisition Corp. to $225 million, according to a filing with the U.S. Securities and Exchange Commission.

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Equity 52

Appraisers Blog

APRIL 12, 2024

In reply to Honest Appraiser. Just today UWM and their appraisal direct system sent out a notice saying starting Mon that a new $29 lender QC fee will be charged on every full order. This is on top of a $16 platform fee, and a $19.30 processing fee. In total, the appraiser is on the hook for $64 and or locally 12% of the gross fee of $505. Seek the truth.

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

U.S. Steel said Friday that its shareholders have "overwhelmingly" approved the American steel company's nearly $15 billion takeover by Japan's Nippon Steel, a positive development in a deal that's otherwise received a high degree of political and regulatory scrutiny.

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Appraisers Blog

APRIL 12, 2024

In reply to Ron. This response isn’t good enough sorry. The corrupt AMC business model and lack of disclosure to the borrower and lender of fees MUST be exposed and fixed.

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Appraisal 98

Auto Dealer Valuation Insights

APRIL 12, 2024

Following a year where deal volume in the RIA industry nearly matched the all-time high of 2022, RIA M&A activity cooled in the first quarter of 2024. Fidelity’s March 2024 Wealth Management M&A Transaction Report listed 50 deals through March 2024, down 29% from the 70 deals executed during the same period in 2023. RIA deal activity experienced a greater decline than the broader M&A market.

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Marketability 52

Appraisers Blog

APRIL 12, 2024

Just say no. If there is some moron out there willing to work for damn near free, God Bless his or her dumb @$$. I am not. The fastest way to go broke is running around thinking that you are making money when you are not. It takes far longer to go broke being still than it does spinning your wheels.

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Law 360 M&A

APRIL 12, 2024

Banking company HomeStreet Inc. has been hit with a proposed class action alleging that it failed to disclose details about the sale process of its merger with FirstSun Capital Bancorp., saying that the company entered into the agreement with "little to no consideration" to any of its shareholders.

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Banking 52

Appraisers Blog

APRIL 12, 2024

White House officials are engaging in the censorship campaign as part of a federal valuation task force known as PAVE.

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Appraisal 98

Law 360 M&A

APRIL 12, 2024

In this week's Off The Bench, Shohei Ohtani looks to get off the hook on sports-betting allegations while his former interpreter faces charges, the NFL wins a critical court victory in the Brian Flores lawsuit, and troubled WWE founder Vince McMahon cuts even more financial ties with the company.

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