Tue.May 10, 2022

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How to Identify Top ESG Priorities

Harvard Corporate Governance

Posted by Steven Rothstein (Ceres), Olivia Tay (Semler Bross LLC), and Yamika Ketu (Ceres), on Tuesday, May 10, 2022 Editor's Note: Steven Rothstein is managing director, Yamika Ketu is an associate, and Melissa Paschall is director of governance at Ceres; Olivia Tay is senior consultant, Kathryn Neel is managing director, and Blair Jones is managing director at Semler Brossy LLC.

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What is Superfund? How to prepare and comply

ThomsonReuters

What is Superfund? After more than 25 years, excise taxes on a specified list of chemicals and imported hazardous substances in the U.S. have been reinstated through the passing of the Infrastructure Investment and Jobs Act signed into law on November 15, 2021. The excise taxes, effective July 1, 2022, and the complexities around how they are levied pose serious challenges for companies that import, manufacture, produce, sell, or use any of the 42 taxable chemicals, and 150 listed substances, i

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SEC’s Climate Risk Disclosure Proposal Likely to Face Legal Challenges

Harvard Corporate Governance

Posted by Jacqueline M. Vallette and Kathryne M. Gray, Mayer Brown LLP, on Tuesday, May 10, 2022 Editor's Note: Jacqueline M. Vallette is partner and Kathryne M. Gray is an associate at Mayer Brown LLP. This post is based on their Mayer Brown memorandum. On March 21, 2022, the US Securities and Exchange Commission (SEC) voted 3:1 to propose new rules that, if adopted, would require public companies to, among other things, provide audited financial statements containing climate-related financial

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The Daily Biotech Pulse: Pfizer Acquires Migraine Drugmaker For $11B, Biogen Files For Second Alzheimer's Drug Approval, Longeveron CEO Leaves

Benzinga

Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus. Pfizer Acquires Biohaven For $11B. Pfizer Inc (NYSE: PFE ) will acquire Biohaven Pharmaceutical Holding Company Ltd (NYSE: BHVN ) for $148.50 per share , equivalent to $11.6 billion. The deal includes the acquisition of rimegepant (NURTEC ODT), a dual-acting migraine therapy approved for acute treatment and episodic prevention of migraine in adults, Zavegepant, and a portfolio of five preclinic

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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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Board Practices in the Digital Era: Maximizing the Benefit-to-Cost Ratio of Information Technology

Harvard Corporate Governance

Posted by Leo E. Strine Jr., and Laura A. McIntosh, Wachtell, Lipton, Rosen & Katz, on Tuesday, May 10, 2022 Editor's Note: Leo E. Strine, Jr. is Michael L. Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware.

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Why excess labor demand is unhealthy

LaPorte

(authored by RSM US LLP) We believe the imbalance in the labor market should prompt companies to reassess their growth potential, and as a result, their demand for labor. The post Why excess labor demand is unhealthy first appeared on LaPorte.

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Dual Class Shares in the Age of Common Ownership

Reynolds Holding

Mark Zuckerberg has virtually all his personal wealth invested in Meta Platforms (formerly Facebook). His incentives as controller of Meta are thus clear: Maximize firm value and private benefits of control, irrespective of the effect that might have on other firms. Meanwhile, BlackRock manages $10 trillion invested in thousands of corporations. Its incentives are equally clear: Maximize the value of its portfolio, irrespective of what happens to any given firm therein.

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Driving sustainable, enterprise-wide performance acceleration

Mckinsey and Company

Leading pharma companies are achieving rapid, large-scale performance improvements using a multifaceted approach that realizes short-term gains and builds long-term capabilities at the same time.

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Antitrust Enforcers’ "Second Listening" Forum On Merger Reform Highlights Issues In The Healthcare Industry

National Law Review M&A

Arindam Kar Jurisdiction: All Federal Type of Law: Antitrust & Trade Regulation Mergers & Acquisitions Administrative & Regulatory Health Law & Managed Care

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Tackling transformation at Allianz: A holistic approach to change

Mckinsey and Company

How can an end-to-end transformation be undertaken successfully? Veit Stutz and Tatiana Villalobos Baum of insurer Allianz SE discuss the ins and outs of their holistic change strategy.

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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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Pfizer to buy biotech group Biohaven for $11.6bn

Financial Times M&A

US pharmaceutical group’s biggest deal in more than 5 years comes as sales of its Covid vaccine are set to fall

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Transformations and a hybrid workforce: A conversation with Seth Goldstrom

Mckinsey and Company

Many organizations have adopted a hybrid or fully remote workforce in response to the COVID-19 pandemic. McKinsey senior partner Seth Goldstrom talks about leading transformations in this new dynamic.

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French bibliophiles voice alarm over Vivendi takeover

Financial Times M&A

EU regulators likely to require a package of ‘remedies’ to protect booksellers and authors over Lagardère deal

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3 Ways to Keep Your Compliance Team Happy

N Contracts

Compliance is a difficult job in any financial institution. Compliance teams are challenged to stay ahead of growing cybersecurity threats, keeping personally identifiable information (PII) private, staying current with changes in state and federal compliance rules, controlling costs, and keeping up with the actual (not just the promised) capabilities of compliance technology.

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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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EU Antitrust Redraws 'Safe Harbors' For Producers, Sellers

Law 360 M&A

European Union antitrust officials announced the adoption Tuesday of new rules governing "safe harbors" for "vertical" arrangements between producers, distributors and sellers on different points in the supply chain that can shield them from enforcement actions.

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Private lenders step in to salvage struggling public bond deals

Financial Times M&A

Uptick in ‘hybrid’ financings comes as other investors shun riskier debt amid market volatility

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Judge Dismisses Mexican Telecom's Fiber Optic Fraud Suit

Law 360 M&A

A Texas federal judge on Tuesday adopted a magistrate judge's recommendation to dismiss a Mexican telecom's lawsuit accusing several rivals of forcing the company to give up control of four fiber optic strands used in a public network spanning the border with the U.S.

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Impremedia, publisher of Spanish-language newspapers, has a new owner.

NYT M&A

My Code, a media start-up, is buying some of the largest Spanish-language newspapers in the United States, including El Diario and La Opinion.

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How To Efficiently Deploy Your Professional Growth Strategy

Law 360 M&A

Lana Manganiello at Equinox Strategy Partners discusses how time-strapped legal professionals can efficiently implement a professional growth framework by focusing on only the most effective actions to build the reputation and relationships key to their ideal practice.

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Marketing to the multifaceted Black consumer

Mckinsey and Company

To attract Black consumers, brands must demonstrate quality, social mission, and good value.

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Sullivan & Cromwell Discusses California Governor’s Executive Order on Blockchain

Reynolds Holding

On May 4, California Governor Gavin Newson signed an executive order that is intended “to foster responsible innovation, bolster California’s innovation economy, and protect consumers” and “create a transparent regulatory and business environment for web3 companies which harmonizes federal and California approaches, balances the benefits and risks to consumers, and incorporates California values such as equity, inclusivity, and environmental protection.” [1] The executive order outlines severa

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New adjustment factor and reference price for oil and gas incentives

LaPorte

(authored by RSM US LLP) IRS Notice 2022-17, IRS Notice 2022-18 and IRS Notice 2022-19 provide adjustment factor and reference price for enhanced oil recovery, marginal well credit and percentage depletion for marginal wells. The post New adjustment factor and reference price for oil and gas incentives first appeared on LaPorte.

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What is a disaster recovery plan?

Henry Horne

A disaster recovery plan identifies plans and instructions the personnel of an organization should take to respond to and mitigate any disruptive event such as cyber-attacks, natural disasters and power outages. Any of these disruptive events may result in the loss of authority over systems and even financial loss. Don’t miss: Are you at risk … Keep Reading.

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Office Space on a Budget: 5 Factors to Consider

Financial Analyst Insider

When you’re looking for office space, you need to satisfy your current needs and consider the future. You have to make sure that what you. The post Office Space on a Budget: 5 Factors to Consider appeared first on Financial Analyst Insider.

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IRS sending overdue tax accounts to collections

Henry Horne

You may have received or will receive a CP40 Notice from the IRS. What is it? A CP40 Notice notifies taxpayers that their overdue tax accounts have been assigned to a private collection agency. Your account may have been placed with a private collection agency tax because you met certain criteria such as the inability … Keep Reading. The post IRS sending overdue tax accounts to collections appeared first on Henry+Horne.

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5 Underrated US Cities for Real Estate Investing

Financial Analyst Insider

In the current housing market, it can be difficult to buy a home. High demand is driving up costs and there seems to be no. The post 5 Underrated US Cities for Real Estate Investing appeared first on Financial Analyst Insider.

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CannaTech BLAZE Acquires Canadian POS Software Company Greenline, Here's What To Expect

Benzinga

Cannabis technology company BLAZE Solution s, Inc. announced Tuesday it has acquired Vancouver-based dispensary POS software company Greenline , becoming one of the few cannabis operations software systems in both Canada and the U.S. “The acquisition allows BLAZE to better serve its international clients, while also enabling the Company to gain experience operating in Canada's federally regulated marketplace,” stated the company in a press release.

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Top Real Estate Agents Use These Marketing Strategies

Financial Analyst Insider

When it comes to real estate, marketing is everything. The most successful agents are the ones who can put their properties in front of the. The post Top Real Estate Agents Use These Marketing Strategies appeared first on Financial Analyst Insider.

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Ex-Winston & Strawn Partner To Lead Egan Nelson In Houston

Law 360 M&A

Egan Nelson LLP recently announced its entrance into Houston with an office on the city's west side that's being led by the former managing partner of Winston & Strawn LLP's Houston office.

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Budgeting Your Car Insurance 

Financial Analyst Insider

There are a lot of aspects when it comes to saving on auto insurance. So much so that it can get overwhelming when you have. The post Budgeting Your Car Insurance appeared first on Financial Analyst Insider.

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BakerHostetler Adds M&A Lawyer From Armstrong Teasdale

Law 360 M&A

BakerHostetler has added as a partner a mergers and acquisitions lawyer for its New York office who has experience in matters such as joint ventures and fund formations, as well as advising in the blockchain technology space.

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With 5.8% CAGR, HR Technology Market Size [2022-2028] worth USD 35.68 Billion in 2028

Benzinga

Pune, India, May 10, 2022 (GLOBE NEWSWIRE) -- The HR Technology Market Size is set to increase from the rising focus of companies on employee experience. As per Josh Bersin, the Founder of Bersin & Associates, employers are nowadays using HR technology tools to enhance the employee experience across their workplaces. In March 2021, for instance, Ceridian acquired Ascender HCM Pty Limited to deliver innovative HR and payroll solutions in Asia Pacific Japan (AJP).

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Ensure Your Construction Accounting System is Up-to-Speed

Concannon Miller

Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, construction companies need to master a project-based approach to accounting. After all, each of your jobs serves as an individual profit center — with its own scope, timeline, payroll, revenue and expenses. That's why your accounting software shouldn't function like any other company's off-the-shelf solution.

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With 17.7% CAGR, OTT Market Size Worth USD 139 Billion in 2028

Benzinga

Pune, India, May 10, 2022 (GLOBE NEWSWIRE) -- The global OTT Market is set to gain traction from the increasing demand for smart TVs because of their possession of a wide range of advanced functions and features. In April 2021, for instance, Samsung Electronics joined hands with MediaTek to unveil Wi-Fi 6E enabled 8K TV. The 8K QLED Y21 smart TV by Samsung will include Mediate MT7921AU chipset.