Wed.Jun 21, 2023

article thumbnail

Generative Artificial Intelligence and Corporate Boards: Cautions and Considerations

Harvard Corporate Governance

Posted by Lawrence A. Cunningham, Arvin Maskin and James B. Carlson, Mayer Brown LLP, on Wednesday, June 21, 2023 Editor's Note: Lawrence A. Cunningham is Special Counsel, Arvin Maskin is a Partner, and James B. Carlson is Senior Counsel at Mayer Brown LLP. This post is based on a Mayer Brown memorandum by Mr. Cunningham, Mr. Maskin, Mr. Carlson, Joseph Castelluccio , Andrew J.

243
243
article thumbnail

Comment on Dazzled by Wizardry, Federal Mortgage Regulators Ignore Zillow Debacle by Baggins

Appraisers Blog

This looks like a promising lender. Too bad they’re not in my state. The many new types of valuation services. There are many lenders out there whom are not necessarily on board with FNMA’s regulatory loophole for sale policies.

98
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Board-Room Where it Happens– A Research Note

Harvard Corporate Governance

Posted by Yair Listokin (Yale University), on Wednesday, June 21, 2023 Editor's Note: Yair Listokin is the Deputy Dean and Shibley Family Fund Professor of Law at Yale Law School. This post is based on his recent paper , forthcoming in the American Law and Economics Review. Related research from the Program on Corporate Governance includes The Long-Term Effects of Hedge Fund Activism (discussed on the Forum here ) by Lucian Bebchuk, Alon Brav, and Wei Jiang; Dancing with Activists (discusse

130
130
article thumbnail

Comment on Dazzled by Wizardry, Federal Mortgage Regulators Ignore Zillow Debacle by Mary T Thompson

Appraisers Blog

In reply to Baggins. Just had a meeting with Realtors yesterday at Berkshire Hathaway, who has their own lender company, with regard to PDC’s Value Acceptance, unregulated workforce coming to town. They were all shocked and they agree that Appraisers should not be left out of transaction. The lender was there and said this. I told him they are in the minority.

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

Investment Banking in Dubai: The New York of the Middle East?

Brian DeChesare

Investment banking in Dubai stands out for attracting remarkable hype on social media. You’ll find influencers on Instagram, TikTok, LinkedIn, and other sites constantly praising Dubai and claiming it’s the best place to work or start a business. It’s almost like the city has its own PR department and never-ending marketing campaign. If you’re interested in the Middle East or have connections to the region, all this hype has probably made you wonder about finance careers there.

Banking 96
article thumbnail

Change is continual. Shouldn’t digital transformation be as well?

Avanade

Chris Willis explains that transformation is not an end state but rather a continual process that is dynamic in design and nature, characterized by constant change.

98

More Trending

article thumbnail

The CEO alpha: The advantages of exceptional leadership

Mckinsey and Company

When private equity portfolio company CEOs perform well, the companies they lead do too, creating a “CEO alpha.” This episode of Deal Volume discusses how to cultivate great leaders for greater gains.

Alpha 82
article thumbnail

The Employee Retention Credit: What Taxpayers Need to Know

Machen McChesney

The U.S. government has repeatedly revised the requirements for U.S. taxpayers to claim the Employee Retention Credit ("ERC"), also commonly known as the Employee Retention Tax Credit, since its initial codification into law. As a result, many eligible taxpayers have been left uncertain as to whether they may properly claim this often-valuable tax credit.

76
article thumbnail

Consumer pull: The growth of shared urban mobility

Mckinsey and Company

As new shared-mobility opportunities emerge virtually everywhere, industry players need to tap into true consumer needs to find the path to long-term success.

85
article thumbnail

IAnthus Stole $4.5M From Cannabis Co., Suit Claims

Law 360 M&A

A Baltimore-area cannabis dispensary accused a multistate operator, iAnthus Capital Holdings Inc., of a "brazen" ploy to swindle millions from it, saying it used an associate company to "funnel" at least $4.5 million into its failing subsidiaries, a lawsuit filed in Maryland federal court claims.

75
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

Converting refineries to renewable fuels: No simple switch

Mckinsey and Company

Feedstock type and availability, current plant configuration, regulation, and finance are just some factors to consider when planning a refinery conversion.

Finance 70
article thumbnail

Broadcast Deal Parties, Beware In-House FCC Hearings

Law 360 M&A

Potential buyers and sellers in the telecom space should take note of the recent collapse of Standard General's attempted takeover of Tegna, which could not find its way out of a procedural maze created by the Federal Communications Commission's administrative law judge review, says Dennis Corbett at Telecommunications Law Professionals.

75
article thumbnail

Unveiling the next frontier of engineering simulation

Mckinsey and Company

How can digital simulation derive new insights, identify and fix issues earlier in the cycle, and accelerate product testing and validation?

73
article thumbnail

Gamers Can't Halt Microsoft-Activision Merger, 9th Circ. Told

Law 360 M&A

Microsoft is asking the Ninth Circuit not to block its controversial acquisition of the video game publisher Activision Blizzard Inc., saying a group of gamers has no right to such a "drastic remedy" even as federal regulators mount a challenge to the $68.7 billion merger.

75
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

Mike Ashley bought a £60mn stake in Next and no one noticed

Financial Times M&A

Registry data reveals that Frasers, the Sports Direct owner, has taken a punt on Britain’s biggest frock shop

81
article thumbnail

NFL Rules, Legal Issues Extending Commanders Sale Process

Law 360 M&A

The process of selling the Washington Commanders is taking longer to complete than previous franchise sales in the NFL and other major sports leagues, something experts attribute to legal issues surrounding the embattled outgoing owner, skyrocketing team valuations and narrow ownership requirements—necessitating extra time and scrutiny.

75
article thumbnail

Comment on Dazzled by Wizardry, Federal Mortgage Regulators Ignore Zillow Debacle by Baggins

Appraisers Blog

Federal bureaucrats are all in on a whacky plan to use technical wizardry to tease out the value of individual properties across the country.

75
article thumbnail

Judge Discloses Son's Microsoft Job Ahead Of FTC Hearing

Law 360 M&A

The California federal judge overseeing the Federal Trade Commission's bid to block Microsoft's $68.7 billion merger with Activision disclosed at a hearing Wednesday that her son works for Microsoft, then moved on to setting out the ground rules for a high-stakes five-day evidentiary hearing kicking off this week.

75
article thumbnail

Alfa Financial Software/EQT: six little tech companies could become five

Financial Times M&A

FTSE All Share Software index will lose another member if Swedish private equity firm takes over UK software maker

article thumbnail

Ancestry.com Tells 7th Circ. Privacy Claims Must Be Arbitrated

Law 360 M&A

Ancestry.com told the Seventh Circuit that an Illinois federal judge made the wrong call in refusing to send to arbitration claims that the genealogy company illegally shared minors' genetic testing information with third parties.

74
article thumbnail

Valuation for growth startups and maturity stage companies

Equidam

Use Equidam to calculate a fair valuation for your company at any stage of development, with the expansion of our industry leading methodology to account for risk and growth potential at later stages. While Equidam is primarily used for startup valuation around the pre-seed to series A stages, our framework is entirely applicable through the full life-cycle of a company.

Equity 57
article thumbnail

Chancery To Scrutinize $44B Musk-Twitter Suit's 'Merit'

Law 360 M&A

A Twitter Inc. stockholder's call for discovery in support of a $3 million attorney fee despite shutdown of his suit to compel a balking Elon Musk's to close on a $44 million buyout of the social media giant got sidelined Wednesday by a challenge to the original suit's merit.

73
article thumbnail

2023 Online Event Ticketing Industry Report

Benchmark Report

The global online event ticketing market was valued at $27.6 billion in 2022 and projects to reach $40.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.8%.

article thumbnail

Brown Rudnick Adds VC Partner In NY From Fox Rothschild

Law 360 M&A

Brown Rudnick LLP has boosted its New York-based emerging growth companies and venture capital offerings with the addition of an experienced partner from Fox Rothschild LLP.

73
article thumbnail

FTC Cites Xbox's Exclusive Games As Strong Case Against Microsoft, Activision Blizzard Merger

Benzinga

The U.S. Federal Trade Commission (FTC) has submitted a new document that emphasized Microsoft Corp.'s (NASDAQ: MSFT ) post-acquisition conduct involving ZeniMax and Bethesda as "powerful evidence" against the company's intended acquisition of Activision Blizzard Inc (NASDAQ: ATVI ). This filing was submitted in the midst of the upcoming legal battle over the FTC's request for a preliminary injunction, with a hearing set to take place on June 22.

52
article thumbnail

UK Partially Blocks $125M Hearing Implant Merger

Law 360 M&A

Britain's competition authority said Thursday that it has partially blocked a $125 million bid by Cochlear, an Australian hearing implants maker, for Oticon Medical of Denmark in a move to avoid higher prices for the National Health Service and worse results for patients.

52
article thumbnail

Obtaining a Food Processing Equipment Appraisal

Peak Business Valuation

Accurately assessing the value of food processing equipment is crucial for businesses in the food industry. When it comes to food processing equipment appraisals, Peak Business Valuation is the perfect choice! We are happy to help you in the process of obtaining a food processing equipment appraisal! At Peak Business Valuation we regularly conduct machinery and equipment appraisals.

article thumbnail

Phoenix Services Gets Approval For Ch. 11 Debt Swap Plan

Law 360 M&A

Bankrupt steel plant servicer Phoenix Services Topco received court approval Wednesday in Delaware for its Chapter 11 plan calling for the equitization of $150 million of its debt that will also keep the business operating as a going concern.

52
article thumbnail

Valuing a Consulting Firm

Peak Business Valuation

The consulting industry serves as a vital partner for businesses, governments, nonprofits, and individuals. This is because consulting firms provide guidance in crucial areas such as strategic planning, operational efficiency, and financial management. Without consulting firms, many of these entities would struggle. As such, the demand for consulting services is steadily increasing.

article thumbnail

Intel Divests 20% Stake In IMS Nanofabrication Unit To Bain Capital For $4.3B

Benzinga

Intel Corporation (NASDAQ: INTC ) plans to sell an approximately 20% stake in its IMS Nanofabrication business to Bain Capital Special Situations for $4.3 billion. Intel initially invested in IMS in 2009 and ultimately acquired the business in 2015. Intel noted, since the acquisition, IMS has delivered a significant return on investment to Intel while growing its workforce and production capacity by four times.

Equity 52
article thumbnail

‘Before skill set comes mindset’: FairPrice CEO on breakthrough leadership

Mckinsey and Company

Vipul Chawla, group CEO of Singapore’s largest supermarket chain, discusses why—and how—he prioritizes culture, purpose, and people.

68
article thumbnail

CleanSpark Acquires Turnkey Bitcoin Mining Facilities For $9.3M

Benzinga

CleanSpark Inc (NYSE: CLSK ) has agreed to acquire two turnkey bitcoin mining campuses in Dalton, Georgia, for $9.3 million in cash. The facilities are expected to add just under 1 exahash per second (EH/s) to CleanSpark's hashrate. The two facilities will. Full story available on Benzinga.

52
article thumbnail

A practical guide to new-business building for incumbents

Mckinsey and Company

Five lessons for incumbents on how to build and scale new digital ventures—and increase their odds of success.

68
article thumbnail

SM Energy Shares Up On Revised Q2 And 2023 Outlook

Benzinga

SM Energy Co (NYSE: SM ) provided an update on activity and revised guidance for Q2 2023 and 2023, reflecting higher production and lower costs. The company expects to surpass the higher end of Q2 production guidance aided by increased oil, natural gas and NGL volumes in its South Texas program. Moreover, SM anticipates underspending the low end of its Q2 capital expenditure and LOE cost guidance, led by favorable cost deflation and a decline in facilities expenses.

Equity 52