Harvard Corporate Governance

JUNE 2, 2022

Posted by Benjamin Colton, Michael Younis, and Devika Kaul, State Street Global Advisors, on Thursday, June 2, 2022 Editor's Note: Benjamin Colton is Global Head of Asset Stewardship, and Devika Kaul and Michael Younis are Vice Presidents in Asset Stewardship at State Street Global Advisors. This post is based on their SSgA memorandum. Climate change is a key systemic risk, representing both a strategic and business challenge for all companies in our portfolios.

Marketability 290

Marketability 290

Mckinsey and Company

JUNE 2, 2022

Countries and companies globally are taking action to pursue net-zero emissions, but their plans could easily be derailed by myriad factors. Here are some considerations for helping to keep them on track.

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Harvard Corporate Governance

JUNE 2, 2022

Posted by Maria Moats, Paul DeNicola, and Catie Hall, PricewaterhouseCoopers LLP, on Thursday, June 2, 2022 Editor's Note: Maria Castañón Moats is Leader, Paul DeNicola is Principal, and Catie Hall is Director of the Governance Insights Center, PricewaterhouseCoopers LLP. This post is based on their PwC memorandum. Board and committee assessments are a critical part of driving continuous improvement in board performance.

Compliance 286

Compliance 286

Mckinsey and Company

JUNE 2, 2022

Retailers are facing the possibility of persistent inflation—but they can meet that challenge in ways that streamline operations, retain customers, and drive profitable growth.

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113

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

JUNE 2, 2022

Posted by Christopher Armstrong, Allison Nicoletti, and Frank Zhou (The Wharton School), on Thursday, June 2, 2022 Editor's Note: Christopher Armstrong is the EY Professor of Accounting, and Allison Nicoletti and Frank Zhou are Assistant Professors of Accounting at the Wharton School of the University of Pennsylvania. This post is based on their recent paper , forthcoming in the Journal of Financial Economics.

Banking 231

Banking Capital Structure Equity Marketability 231

Mckinsey and Company

JUNE 2, 2022

Predicting the future is impossible, but traditional business models try anyway. Roger Martin says management leaders need to revisit the whiteboard.

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120

Mckinsey and Company

JUNE 2, 2022

Clean hydrogen is emerging as a viable way to reach net zero. In the United States, clean-hydrogen efforts in Houston, Texas, could serve as a template for other regions.

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ThomsonReuters

JUNE 2, 2022

IRS Employee Plans News (May 25, 2022). Available at [link]. A recent edition of the IRS’s employee plans newsletter summarizes the electronic submission requirements for Form 5300, Application for Determination for Employee Benefit Plan, as set forth in Revenue Procedure 2022-4 (see our Checkpoint article ). Electronic filing of Form 5300 is available beginning June 1, 2022, and required beginning July 1, 2022.

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LaPorte

JUNE 2, 2022

In early 2016, the Financial Accounting Standards Board (FASB) released new guidance on how businesses should account for leases. That new standard went into effect… The post Accounting for Leases in 2022 first appeared on LaPorte.

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Law 360 M&A

JUNE 2, 2022

Initial public offerings trudged through another tepid month in May, slowing the work pace for IPO lawyers and bankers, and a late spring surge does not appear likely even though select companies may brave waters in June and thereafter.

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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

Meade & Moore

JUNE 2, 2022

Back in late 2019, the first significant legislation addressing retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act has resulted in many changes to retirement and estate planning strategies, but it also raised some questions. The IRS has been left to fill the gaps, most recently with the February 2022 release of proposed regulations that have left many taxpayers confused and unsure of how to proceed.

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Truelytics

JUNE 2, 2022

Modern Financial Advisor Podcast ·. Episode 82 - How To Secure Financing For Your RIA Or Multi-Advisor Wealth Management Firm. Securing financing for your RIA or multi-advisor wealth management firm can be complex. First, if you are like most financial advisors you have likely never sought a commercial loan for your business. And second, it's not as simple as rolling down to your local bank and filling out a quick application.

Finance 98

Finance Banking 98

ThomsonReuters

JUNE 2, 2022

QUESTION: The claims administrator for our ERISA group health plan sometimes records telephone conversations between a plan participant or beneficiary and the claims administrator’s representative. These recordings are used for training and quality assurance purposes only, not claim administration. Contemporaneous notes of the conversation are used for tracking and administering the claim, and are included in the administrative record that is available to claimants upon request.

Compliance 98

Compliance 98

Law 360 M&A

JUNE 2, 2022

A group of investors in a Las Vegas cannabis company are asking a Nevada federal court to approve a settlement to resolve claims that its board knew that a $35 million acquisition wasn't worth that price, saying the internal governance policies in the settlement will prevent such conduct in the future.

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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

ThomsonReuters

JUNE 2, 2022

CMS: HIPAA Administrative Simplification Regulations Overview (May 2022). Available at [link]. CMS has created an online fact sheet that summarizes the HIPAA administrative simplification requirements that apply to covered electronic health care transactions. These provisions are designed to streamline and simplify health care transactions through standards, operating rules, unique identifiers, and code sets, which can help the health care community save time and money.

Compliance 98

Compliance 98

NYT M&A

JUNE 2, 2022

For a time, SPACs were the preferred way for companies to go public. But changing market conditions and the threat of regulation are making Wall Street lose its appetite.

Marketability 91

Marketability Start-ups Mergers & Acquisitions Banking 91

ThomsonReuters

JUNE 2, 2022

IRS Webpage: Qualified Parking Fringe Benefit (Apr. 25, 2022). Available at [link]. A recently revised IRS webpage intended for charities and nonprofit employers highlights the tax rules applicable to employer-provided parking and what to expect if the IRS audits this benefit. As background, employers may provide tax-free parking to employees as a qualified transportation fringe benefit under Code § 132(f).

Fair Market Value 97

Fair Market Value Marketability 97

NYT M&A

JUNE 2, 2022

The billionaire Tesla C.E.O. seems to be stalling his acquisition of the social media platform — but these journalists think he has few paths out.

Mergers & Acquisitions 96

Mergers & Acquisitions 96

Law 360 M&A

JUNE 2, 2022

Most corporate legal departments collect surface-level data around their operations, such as costs and time to resolution, but legal leaders should explore more in-depth data gathering to assess how effective an attorney was, how efficiently legal work was performed, and more, says Andy Krebs at Intel.

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N Contracts

JUNE 2, 2022

To compete today and in the future, financial institutions must engage in a forward-looking technology strategy that is aligned with its mission, vision, and goals.

Banking 70

Banking Technology Compliance 70

Audit Board

JUNE 2, 2022

Whether an organization works with 10, 1,000, or 10,000 third parties, any third-party risk management (TPRM) program faces the same challenges: organization, visibility, and limited resources. How an organization approaches these challenges from the beginning can set a third-party risk program up for success or failure. First, it is essential for risk management practitioners to familiarize (or refamiliarize) themselves with the guiding principles of third-party risk management. .

Technology 52

Technology Compliance 52

Law 360 M&A

JUNE 2, 2022

Former Bioverativ Inc. board member Alexander J. Denner and the activist hedge fund he controlled must face insider trading claims in a Delaware Chancery Court lawsuit alleging an unfair deal process behind the company's $11.6 billion sale to Sanofi in 2018.

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Audit Board

JUNE 2, 2022

In our Spotlight on Success series, Brandon Clinefelter, Director of Internal Audit at National Storage Affiliates , shares how his team gained significant time savings on their SOX compliance work. Based in Colorado, National Storage Affiliates is a real estate investment trust dedicated to self storage facilities, with more than 1,000 properties across the United States.

Start-ups 52

Start-ups Compliance 52

Law 360 M&A

JUNE 2, 2022

Grubhub investors have asked an Illinois federal court for class certification in their suit against the online food-delivery platform, saying the Seventh Circuit favors securities-fraud litigation as a class action and the company has already failed to win its bid to dismiss their suit.

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Financial Analyst Insider

JUNE 2, 2022

The global real estate market size crossed ten trillion dollars last year. A huge part of the housing sector’s rise and future growth depends on. The post How To Deal With Common Property Chain Problems – A Guide For Buyers And Sellers appeared first on Financial Analyst Insider.

Marketability 52

Marketability 52

Henry Horne

JUNE 2, 2022

Periodically, IRS will report on “What You Can Expect” when you interact with them for certain things. With COVID, worker shortages and other everyday life issues, the status of what you can expect from IRS changes from time to time and they report on that. Whether it be answering a letter or notice, requesting a … Keep Reading. The post IRS updates what you can expect status appeared first on Henry+Horne.

Compliance 52

Compliance 52

Benzinga

JUNE 2, 2022

Hayward Holdings Inc. (NYSE: HAYW ) has acquired the specialty lighting business of Halco Lighting Technologies. Financial terms were not disclosed. Halco's specialty lighting business includes lighting solutions serving the residential and commercial pool, spa, fountain, and landscape lighting market segments. Full story available on Benzinga.com.

Technology 52

Technology Marketability 52

Law 360 M&A

JUNE 2, 2022

EPR Properties, a real estate investment trust, announced on Thursday the acquisition of the Village Vacances Valcartier resort and hotel in Quebec and the Calypso Waterpark in Ontario for about CA$170 million ($142 million) using cash on hand.

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Concannon Miller

JUNE 2, 2022

Noncompete agreements are commonly included in business purchase transactions to prevent the seller from competing against the buyer for the term of the noncompete agreement. These arrangements are also sometimes called covenants-not-to-compete or noncompete covenants. Important: Laws regarding noncompete agreements vary from state to state. For example, courts in California generally reject noncompete agreements because state law makes them unenforceable except in limited circumstances.

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Benzinga

JUNE 2, 2022

Real Brands Inc. (OTCQB: RLBD ) has signed a letter of intent to acquire substantially all the assets of Boulder Botanicals & Biosciences Laboratories, Inc. , a manufacturer of white-label and private-label CBD and non-CBD products. The acquisition will include Boulder Botanical’s brands, IP, distribution and 27,000 sq. ft. R&D and production facility in Golden, Colorado.

Marketability 52

Marketability 52

Law 360 M&A

JUNE 2, 2022

A judge's admittedly "inexcusable" mistake in failing to poll a jury after they found a Connecticut lawyer liable for stock fraud doesn't warrant redoing the trial, the U.S. Securities and Exchange Commission argued.

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Benzinga

JUNE 2, 2022

Japanese multinational Toshiba Corp (OTC: TOSYY ) has received eight proposals for privatization and two to form capital alliances that would make it remain listed. The company’s board of directors and a special committee have previously sought proposals. Full story available on Benzinga.com.

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Law 360 M&A

JUNE 2, 2022

Shartsis Friese LLP, a San Francisco-based boutique, has added a tax expert who formerly was counsel with global agribusiness conglomerate Cargill.

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Norman Marks

JUNE 2, 2022

One of the challenges when it comes to so-called “cybersecurity risk” is in accepting and then applying the idea that cyber is not an “IT risk”. No. It’s a business risk. That is easy to say, and it makes all the sense in the world. However, people tend to apply it only when talking about […].

Compliance 49

Compliance 49