Harvard Corporate Governance

FEBRUARY 15, 2024

Posted by Joseph Yaffe, Page Griffin, and Shalom Huber, Skadden, Arps, Slate, Meagher & Flom LLP, on Thursday, February 15, 2024 Editor's Note: Joseph Yaffe , Page Griffin , and Shalom Huber are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on a Skadden memorandum by Mr. Yaffe, Mr. Griffin, Mr. Huber, Regina Olshan , Erica Schohn , and Joseph Penko.

Equity 293

Equity 293

Benzinga

FEBRUARY 15, 2024

Tiger Global expanded its investment portfolio by acquiring its first stake in the California-based semiconductor manufacturer Broadcom Inc (NASDAQ: AVGO ) in the final quarter of 2023. Simultaneously, Tiger Global aggressively expanded its involvement in the semiconductor industry. Notably, it amplified its holdings in Taiwan Semiconductor Manufacturing Co (NYSE: TSM ) and Lam Research Corp (NASDAQ: LRCX ) by 47.69% and 8.9%, respectively, MarketWatch cites regulatory filings.

Marketability 105

Marketability Technology 105

Harvard Corporate Governance

FEBRUARY 15, 2024

Posted by Kris Pederson, Barton Edgerton, and Jamie Smith (EY), on Thursday, February 15, 2024 Editor's Note: Kris Pederson is Center for Board Matters Leader, Barton Edgerton is Center for Board Matters Corporate Governance Research Leader, and Jamie Smith is Center for Board Matters Investor Outreach and Corporate Governance Director at EY Americas.

Technology 183

Technology 183

Law 360 M&A

FEBRUARY 15, 2024

Consumers challenging Kroger's $24.6 billion bid for Albertsons defended their revised lawsuit in California federal court against the supermarkets' latest dismissal bid, arguing their tweaked complaint now adequately identifies the affected stores and lays out how the deal threatens competition.

98

98

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

Harvard Corporate Governance

FEBRUARY 15, 2024

Posted by Brian R. Cheffins (University of Cambridge), on Thursday, February 15, 2024 Editor's Note: Brian Cheffins is the S. J. Berwin Professor of Corporate Law at the University of Cambridge. This post is based on his recent paper forthcoming in Martínez-Echevarría y García de Dueñas, A. (dir.), González Sánchez, S.,Bethencourt Rodríguez, G. (coords.), Gobierno Corporativo Sostenible: Regulación vs.

136

136

Law 360 M&A

FEBRUARY 15, 2024

The Seventh Circuit on Thursday upheld a lower court's decision that minors suing Ancestry.com for sharing their genetic testing information can avoid arbitration, saying there was no language in the terms their parents signed designating the children as parties to the agreement.

98

98

Appraisers Blog

FEBRUARY 15, 2024

Class AMC advertising for an upcoming Real Estate Event touting 1 day Appraisals. Good for lenders good for them…… HEY BORROWERS OUT THERE… NOT GOOD FOR YOU. That is the sad part of all of this, the public has no clue what Rabbit Hole they are going to be going down. They will be the ones hurting, not the lenders, not the Realtors, not the AMC’s etc.

Appraisal 98

Appraisal 98

Vested

FEBRUARY 15, 2024

Founder and CEO Hannah Thomson talks to us about how the loss of her beloved Grandmother led to the development of The Joy Club , and how she overcame pandemic challenges to grow her business and serve an overlooked target market.

Marketability 96

Marketability 96

Appraisers Blog

FEBRUARY 15, 2024

For statistical consumption only…… Waivers peaked in Sept 2021 for both FNMA/Freddie at 44% and 36% respectively, due obviously in large part to the pandemic. Current levels are at 11%/12% respectively [link] So we have already been close to 50% as the article suggests, and thus having set a precedent, can easily get there again for “other” reasons.

98

98

Law 360 M&A

FEBRUARY 15, 2024

Vice Chancellor Sam Glasscock III, due to retire later this year, presided over a wide-ranging caseload during his long Court of Chancery career. Since joining the court, initially as a master in chancery — a position now dubbed magistrate in chancery — he took on litigation that included disputes involving some of the country's largest corporations, while also juggling cases as local as illegal junkyard disputes and, in one instance, a deep dive into colonial-era land records in a dueling deeds

96

96

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

FEBRUARY 15, 2024

Dead on. PAREA will PAVE the way for $25/hr AMC Staff appraisers. Opteon and Clear capital already announced their own PAREA program. The AI was hoodwinked state boards into thinking they will be the major player in PAREA to get it approved. Once approved in all 50 states, the big AMC’s will roll out their own program of “do as instructed” staff appraisers for $25/hour.

Appraisal 98

Appraisal 98

Trout CPA

FEBRUARY 15, 2024

At Trout CPA, we take immense pride in the dedication and expertise of our team members. Today, we're thrilled to announce two significant achievements within our firm that underscore our commitment to excellence in valuation services.

Business Valuation 85

Business Valuation 85

Appraisers Blog

FEBRUARY 15, 2024

In reply to Spencer Paul. I am going to take this in a little different direction. The whole point made by the GSEs for having PDCs and hybrid appraisals is so that the educated and experienced appraiser did not “waste” time driving to a subject property and then to take all the comp pics. It was believed that doing those portions of the process would be better performed by someone that was trained to gather data and for the “appraiser” to focus solely on the “appra

Comps 98

Comps Appraisal 98

Machen McChesney

FEBRUARY 15, 2024

We May Never See a Better Environment for Transferring Wealth … Here’s Why It may seem that there will always be time to address estate planning. However, a unique opportunity to maximize the amount of wealth that can be tax-efficiently passed to heirs will expire at the end of 2025. Furthermore, legislation could curb lifetime exemption limits even sooner.

Marketability 83

Marketability 83

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

FEBRUARY 15, 2024

In reply to Dave. Dave – Good sir, your course language is not okay. You can rip someone, but be polite. Also, please expound on how you think the AMC’s will actually be gone in a years time. I can’t get there at the moment. I can’t see anyone really giving two hoots about the AMC model and stopping the cash flows it is creating for the elected officials in all said departments and governmental offices.

Appraisal 98

Appraisal 98

Machen McChesney

FEBRUARY 15, 2024

U.S. House Passes Bipartisan Tax Bill to Provide Business Tax Breaks, Extend Child Tax Credit Enhancements The U.S. House of Representatives on January 31 passed the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) by a vote of 357 to 70. The $78 billion bipartisan bill, crafted by Senate Finance Committee Chair Ron Wyden (D-Ore.) and House Ways and Means Committee Chair Jason Smith (R-Mo.), would revive or extend certain business tax incentives and enhance the child tax cred

Finance 80

Finance 80

Appraisers Blog

FEBRUARY 15, 2024

In reply to Todd Redington. That’s the rub. In entire regions such methods as PDC and desktops are simply inadequate. In other higher density areas, especially cookie cutters, tract homes, mid rises, and various condo’s, not that big of a deal. The appraiser would however, still be unaware of the pervasive cat odors, the excessive wear tear, actual effective ages, possibilities of environmental factors, external obsolescence, changing land use, ongoing projects in the area, the gener

Appraisal 98

Appraisal Marketability 98

Financial Times M&A

FEBRUARY 15, 2024

A more fragmented market with smaller and less resilient builders means consolidation is on the cards

Marketability 102

Marketability 102

Appraisers Blog

FEBRUARY 15, 2024

Fannie & Freddie have issued a clarion call to all appraisers to pitch in & help build the gallows from which they will hang us all in 2025.

Appraisal 98

Appraisal 98

Law 360 M&A

FEBRUARY 15, 2024

Walt Disney Co. shareholder and activist investor The Trian Group is taking a public swipe at the company's performance, criticizing its "fairy tale" and "spaghetti-against-the-wall" strategy to improve profits.

75

75

Appraisers Blog

FEBRUARY 15, 2024

So I predicted long ago that the “Big” AMC’s would be out of business by the end of the year. They are attempting to hire soon retired Cert Gen and then figure out a way to reciprocal license him/her in 50 States and then over see “Signature” all sorts of appraisals under the “new” everybody approved compliance for 10 cents per appraisal.

Appraisal 76

Appraisal Compliance 76

Mckinsey and Company

FEBRUARY 15, 2024

A new compendium explores European defense and security in the current geopolitical context, with articles on talent, supply chains, innovation, and climate change.

Technology 78

Technology 78

Appraisers Blog

FEBRUARY 15, 2024

In reply to Spencer Paul. No, you are implying it. Like I said, based on your poor attitude, you would be lucky to get $10 an hour. Your logic and reasoning are horrible, which is basic for being an appraiser. You obviously are slow and are not doing any work right now, so you are pissed off. I on the other hand am really busy. I don’t have time to whine.

Appraisal 76

Appraisal 76

Law 360 M&A

FEBRUARY 15, 2024

A Seventh Circuit judge said Thursday he was troubled by an IRS push to tax Tribune Media Co. on some gains from its sale of the Chicago Cubs that stemmed from a $425 million debt transaction, saying the agency seemed to ignore the relevant legal test.

75

75

Appraisers Blog

FEBRUARY 15, 2024

I don’t know about you all, but I consider desktops as unethical. Why I remember when USPAP outlawed the very mention of a market based range! Beep Beep where is the written report not to mention a loaded file – LOL! So Mike, I too have been around a long time before after USPAP. Desktops are a temporary unethical dumbing down of the industry and you are helping no matter what you make or the circumstances!!!!

Marketability 76

Marketability 76

N Contracts

FEBRUARY 15, 2024

What does your financial institution need to understand about fair lending compliance in 2024? Let's revisit our January webinar and find out!

Compliance 74

Compliance 74

Appraisers Blog

FEBRUARY 15, 2024

In reply to Mary T Thompson. Like moths to a flame, they always come back. The last housing crash was less than two decades ago. How many times has the stock market been wiped out in your lifetime? Debt based financial systems drive consumer response from the top down. Now with CRT instruments built into the GSE policies! Do not steal; The government hates competition.

Marketability 76

Marketability 76

Benzinga

FEBRUARY 15, 2024

Nvidia Corp (NASDAQ: NVDA ), a leading force in the artificial intelligence (AI) industry, recently revealed its investment portfolio, showcasing stakes in Arm Holdings Plc (NASDAQ: ARM ), SoundHound AI Inc (NASDAQ: SOUN ), and Recursion Pharmaceuticals Inc (NASDAQ: RXRX ). Nvidia’s engagement with Arm is particularly notable, given their previous $40 billion acquisition attempt in 2020, which succumbed to regulatory hurdles in February 2022.

59

59

Appraisers Blog

FEBRUARY 15, 2024

In reply to Spencer Paul. So, you are calling me, a crippled individual a loser, because I work for $25 an hour. I have a family to feed. Personally, I would not pay you $10 an hour based on your poor attitude. You need to find a new profession, this one isn’t for you. What a waste of 3 degrees. LMFAO I have worked this industry for 22 years, and you have to adjust, if you cant, get out.

76

76

Law 360 M&A

FEBRUARY 15, 2024

Leaders of lithium-ion battery maker Microvast Holdings Inc. and the blank-check company that took it public in July 2021 were so "personally hellbent on completing the merger" for their own benefit that they deceived public investors into approving it, a shareholder alleges in a new Delaware Chancery Court suit.

52

52

Appraisers Blog

FEBRUARY 15, 2024

In reply to Apppraiser Mike. Never called anyone a loser, nor made any comments regarding your physical limitations. I was speaking to FNMA wanting everything to do with getting ride of appraiser’s completing physical inspections. I said your mindset at 25 an hour is hurting the industry. I have a family to feed too and I like to have an income that consistent with the professional services that YOU and I provide.

Appraisal 76

Appraisal 76

Law 360 M&A

FEBRUARY 15, 2024

Digital sports and gambling company DraftKings Inc. said Thursday it has agreed to acquire U.S. lottery app Jackpocket for approximately $750 million, with Sullivan & Cromwell LLP and Cooley LLP representing the parties on the cash-and-stock deal.

52

52

Appraisers Blog

FEBRUARY 15, 2024

In reply to Mark Hastert, ASA. Good one Mark. Interestingly enough, and quite possibly related to several independent appraisers requests and meetings with enforcement agencies for TILA among other rules to be finally enforced. I present to you; The latest CFPB newsroom update. (click through for full document) [link] FFIEC Issues Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending The statement of principles should not be interpreted as new gu

Appraisal 76

Appraisal 76

Law 360 M&A

FEBRUARY 15, 2024

Kidney-focused biotech Aurinia Pharmaceuticals is hitting pause on drug development, cutting jobs and initiating a $150 million stock buyback program, the company disclosed in its year-end financial report Thursday.

52

52