Wed.Mar 30, 2022

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Recent Delaware Court of Chancery SPAC Opinions

Harvard Corporate Governance

Posted by Nathan E. Barnett and Benjamin Strauss, McDermott Will & Emery LLP, on Wednesday, March 30, 2022 Editor's Note: Nathan E. Barnett and Benjamin Strauss are partners at McDermott Will & Emery LLP. This post is based on their MWE memorandum, and is part of the Delaware law series ; links to other posts in the series are available here.

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Lighthouses reveal a playbook for responsible industry transformation

Mckinsey and Company

The advanced factories of the Global Lighthouse Network show how sustainability and workforce engagement can accelerate and scale Fourth Industrial Revolution transformation—responsibly.

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The SEC’s Short-Sale Experiment: Evidence on Causal Channels and on the Importance of Specification Choice in Randomized and Natural Experiments

Harvard Corporate Governance

Posted by Hemang Desai (Southern Methodist University), on Wednesday, March 30, 2022 Editor's Note: Hemang Desai is Distinguished Professor of Accounting at Southern Methodist University Cox School of Business. This post is based on a recent paper authored by Mr. Desai; Bernard Black , Nicholas J. Chabraja Professor of Finance at Northwestern University Law School; Katherine Litvak , Professor of Law at Northwestern University Pritzker School of Law; Woongsun Yoo , Assistant Professor of Finance

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Critique of Freddie Mac’s Misleading Appraisal Gap Report

Appraisers Blog

More great research from AEI. This is an analysis of Freddie Mac’s misleading and basically defamatory paper on Appraisal Gap. When government related entities release misleading information like this they are attacking and defaming real estate appraisers. The hate real estate appraisers have received because of this paper and Andre Perry’s paper is relentless.

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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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Benchmark International Successfully Facilitated the Transaction Between Absolute Solar and Wind Ltd and RSK Group

Benchmark Report

Benchmark International has advised on the transaction between Loch Lomond-based Absolute Solar and Wind ( Absolute ) and Cheshire-based RSK. Established in 2007, Absolute provides renewable energy design, installation, and maintenance services for commercial and industrial renewable energy projects, primarily in the solar sector. Working with customers such as Scottish Water, Exeter City Council, Edinburgh Airport, UK Research and Innovation, and local authorities, the Absolute team delivers so

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Pactiv Evergreen Sells 50% Stake In Naturepak Beverage Packaging

Benzinga

Pactiv Evergreen Inc (NASDAQ: PTVE ) subsidiary, Evergreen Packaging International LLC, has sold its 50% interest in Naturepak Beverage Packaging Co Ltd to affiliates of Elopak ASA. Full story available on Benzinga.com.

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How to Avoid Seller's Remorse

Benchmark Report

Selling your business can be an emotional experience. You certainly don’t want to be left at the end of the process with a sinking feeling that you have made a bad deal or sold to a buyer who doesn’t appreciate the value and legacy of the company you have built. However, there are things that you can do to avoid seller’s remorse; we will discuss several of them in this article for you to consider.

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Serving Women Investors Better Is A Recipe For Growth For Financial Advisors

Truelytics

Modern Financial Advisor Podcast ·. Episode 79 - Serving Women Investors Better Is A Recipe For Growth For Financial Advisors. It seems that everywhere we look we see another study or statistic that highlights the rising power of women investors. Whether it's the $30 Trillion of Baby Boomer wealth that women are predicted to control by 2030 or the fact that 60% of today's college students are women, opportunities abound for financial advisors who focus on serving women investors.

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Overcome these 3 common digital selling challenges

Avanade

Tom Totten shares the top challenges that organizations face on their digital selling journey, and how to address them with intelligent sales.

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John Menzies accepts takeover bid from Kuwaiti aviation services rival Agility

The Guardian M&A

Edinburgh-based firm agrees to £571m offer that will create world’s largest airport services firm Executives at the British aviation services company John Menzies have accepted a £571m takeover deal from a Kuwaiti rival, after rebuffing three previous offers. A subsidiary of Agility Public Warehousing had made the bid more than a month ago, which was conditional at the time, although the John Menzies board said it would accept the offer.

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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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Navigating the semiconductor chip shortage: A control-tower case study

Mckinsey and Company

One industrial company’s innovative response to the global semiconductor chip shortage proves to be a game changer for the manufacturing sector.

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8 Vendor Management Practices Examiners Are Looking For

N Contracts

Regulators recognize that third-party vendors play a critical role in delivering products and services and take compliance with vendor management regulations very seriously. What are they looking for?

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Growing beyond groceries: The ecosystem expansion

Mckinsey and Company

Grocers are in a unique position to move beyond their core retail offerings. It can be challenging to build an ecosystem, but the rewards may be worth the effort.

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Refresher of Terminology Changes

ISA

1/25/2022 12:00:00 AM. Colleagues, This is a reminder of the terminology changes made in 2020 and 2021 that affect your appraisal reports. Knowing how busy we all are, I am sure that many of you read the ISA Education newsletter posts regarding these changes in terminology to align with USPAP terms and definitions and then put them aside. Now that the New Year has arrived, you are updating your appraisal report templates and looking for this information.

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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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The state of diversity in US private equity

Mckinsey and Company

Taking a closer look at the data reveals private equity’s progress, remaining challenges, and the road ahead on diversity.

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Starting or Moving Your Appraisal Business

ISA

3/16/2022 12:00:00 AM. For this month’s education blog, I was asked to write about starting or moving your appraisal business. For those of you who have “been around the block” and have no plans of moving, you may pick up some tips for tightening up your business practices or obtaining more work. For new appraisers, this article will hopefully get you off to a great start on your new adventure.

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Pearson would have been a textbook take-private deal

Financial Times M&A

Despite its experience in educational publishing, buyout firm Apollo has abandoned attempt to buy UK group

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State of Grocery Europe: Navigating the market headwinds

Mckinsey and Company

Retailers must be prepared to take bold actions and keep investing in key areas such as online, new profit pools, analytics, sustainability, and people.

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US regulators take aim at bright forecasts from blank-cheque company sponsors

Financial Times M&A

Spacs shouldn’t ‘overpromise future results,’ chair of SEC says

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Crisis or opportunity? How grocers can build stronger people models

Mckinsey and Company

A focus on the employee experience, digitalization, and reskilling can make the grocery workforce an even more valuable source of competitive advantage—if retailers invest in getting it right.

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Understanding the 2022-2023 7-Hour USPAP Course

ISA

1/25/2022 12:00:00 AM. The new 2022-2023 7-Hour Uniform Standard of Professional Appraisal Practice (USPAP) course is a bit different this year. Normally, the course reflects changes in the current edition of USPAP. But since the 2020-2021 edition of USPAP has been extended to 2022, the current course gives instructors the opportunity to present some broad topics that impact the credibility of the appraisal profession, while helping appraisers understand how they can use the various resources in

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The rising toll of the war in Ukraine

Mckinsey and Company

Lives lost and upended. Soaring food and energy prices. Supply chains at risk. Much is at stake as the war continues.

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New Year To Do List for All Appraisers

ISA

1/21/2022 12:00:00 AM. The New Year is the perfect time to start new habits and get your office set up for a year of success. I’ve written ten tips that have helped me start the year off right. File the previous years appraisals in storage or on your computer labeled by the year. While in the storage area, or organizing your computer, pull insurance appraisals that are more than 5 years old and send a friendly reminder to your insurance clients who should have their appraisals updated with

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Rural rising: Economic development strategies for America’s heartland

Mckinsey and Company

There is no one-size-fits-all economic development strategy for rural communities. How can local leaders—including governments, businesses, and individuals—put rural regions on track to thrive?

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2022 ISA Award Nominations

ISA

1/14/2022 12:00:00 AM. Award Season is Here, Nominate Your Colleagues! By Lennie Rose, ISA AM. Dear Friends and Colleagues, It’s award season again for the mighty volunteers of ISA and while ALL of us deserve a bravery award for thriving during the pandemic, these ISA awards are the ones we give to our distinguished colleagues in recognition of their outstanding service to our organization and industry.

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Grocers' sustainability opportunity in transforming the food system

Mckinsey and Company

This moment of truth requires leadership from CEOs and a transformational focus throughout organizations.

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Skadden Led Defense Side In 3-Year Rise In Securities Filings

Law 360 M&A

Skadden Arps Slate Meagher & Flom LLP represented defendants in more securities cases than any other firm in the last three years, according to a Lex Machina report that shows securities filings in federal court are on the rise.

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Analytics-fueled growth: An interview with Adam Manikowski

Mckinsey and Company

Zabka’s managing director discusses the role of analytics in expansion, operational efficiency, and speed.

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Former Tilton-Run MD Helicopters Opens Del. Ch. 11 For Sale

Law 360 M&A

A global helicopter supplier once controlled by distressed debt mogul Lynn Tilton's Patriarch Partners landed in a Delaware Chapter 11 Wednesday carrying a bidder-to-beat purchase agreement led by a group that includes two creditors of the bankrupt, formerly Tilton-tied Zohar funds.

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Trends and tribulations: An interview with Matthias Wunderlin

Mckinsey and Company

Migros Supermarkets’ chief commercial officer weighs in on the Grocery retail market and changing consumer preferences.

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Va. Court Seeks DOJ Input On Doormaker Divestiture Plan

Law 360 M&A

As a Virginia federal judge tries to sort out what to do about a disputed buyer that has offered to pick up a manufacturing plant that was ordered sold off in a landmark divestiture order, he wants the U.S. Department of Justice's input on whether the proposed deal would be bad for competition.

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Meeting the moment: An interview with Marina Caprotti

Mckinsey and Company

The executive chair of Esselunga Italy discusses the latest initiatives in her organization’s decades-long commitment to sustainability.

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I have to pay taxes for household employees?!

Henry Horne

Do you have someone who does work around the house for you? Do you know if they are a household employee? Did you know you have to pay taxes for household employees? You may be required to report and pay payroll and unemployment taxes. “You have a household employee if you hired someone to do … Keep Reading. The post I have to pay taxes for household employees?!

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Private funds top SEC DoE’s focus list

Private Funds CFO

The increased size and complexity of the market mean the Division of Examinations will cover less of the RIA market in its future examinations, but proportionately focus more on private funds.