Thu.Sep 08, 2022

article thumbnail

State Legislation Targets Company Policies on ESG

Harvard Corporate Governance

Posted by Cydney Posner, Cooley LLP, on Thursday, September 8, 2022 Editor's Note: Cydney S. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Bebchuk and Roberto Tallarita; Does Enlightened Shareholder Value Add Value?

219
219
article thumbnail

How to build geopolitical resilience amid a fragmenting global order

Mckinsey and Company

Organizations need to strategically invest in capabilities, people, processes, structures, and technology to navigate the risks arising from an evolving and fraught geopolitical landscape.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Quarterly Activist Ownership Analysis

Harvard Corporate Governance

Posted by Gerry Davis, Michael Verrechia, and Paul Schulman, Morrow Sodali, on Thursday, September 8, 2022 Editor's Note: Gerry Davis , Michael Verrechia , and Paul Schulman are Managing Directors at Morrow Sodali. This post is based on a Morrow Sodali memorandum by Mr. Davis, Mr. Verrechia, Mr. Schulman, Harry van Dyke , Jonathan Ostroff , and Tom Margadonna.

Equity 169
article thumbnail

Can Our DCAP Reimburse a Participant’s Claim for a “Late Fee”?

ThomsonReuters

QUESTION: One of our DCAP participants has submitted a reimbursement claim that includes a $20 “late fee.” This charge is in addition to the regular monthly day-care fee for the participant’s child and appears as a separate entry on the statement from the day-care center with no further explanation. Can we reimburse it? ANSWER: It depends on what the charge is for.

98
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

Instacart Doubles Down on Technology Solutions With Local Grocery Startup Deal

Benzinga

Instacart is acquiring Rosie , an e-commerce platform for local and independent retailers and wholesalers. The financial terms of the deal were not disclosed. Instacart operates a grocery delivery and pick-up service in the U.S. and Canada. Founded in 2013, Rosie offers independent grocers branded e-commerce websites and mobile app capabilities that power order.

article thumbnail

Closing your business for good

Henry Horne

Shutting down your business can be overwhelming. There’s legal paperwork to complete, liabilities to pay and assets to distribute. If you don’t fulfill these requirements, you are risking potential disputes and unnecessary fees. These are the steps The IRS recommends you make when closing your business. Don’t miss: Educator expense deduction increased Final tax return … Keep Reading.

95

More Trending

article thumbnail

EY to Split Accounting and Consulting Businesses

NYT M&A

The firm, commonly known as Ernst & Young, announced a plan to separate into two companies, one that does mainly auditing work and the other consulting and advisory work.

article thumbnail

EXCLUSIVE: Beringer Capital Acquires Majority Stake In Dig Insights, One Of Canada's Fastest Growing Companies

Benzinga

Beringer Capital announced the acquisition of a majority stake in one of Canada's fastest growing companies, Dig Insights. Here’s an inside look at what Dig Insights does, how it’s found success and the company's next stage of growth. What Happened: Beringer Capital acquired a majority stake in Dig Insights, a Toronto-based consumer insights and research company.

article thumbnail

Twitter Reached $7 Million Settlement With Whistle-Blower

NYT M&A

Lawyers for Elon Musk mentioned a $7 million payment to Peiter Zatko, Twitter’s former top security executive, in a court hearing this week.

article thumbnail

How semiconductor makers can turn a talent challenge into a competitive advantage

Mckinsey and Company

Semiconductor companies are on the cusp of a decade of opportunity, but success will be predicated on the ability to attract and retain the best and brightest.

87
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

Announcing ISA's 2022-2023 Board of Directors

ISA

9/7/2022 12:00:00 AM. Voting for ISA's 2022-2023 Board of Directors has ended and we would like to congratulate our recently elected members. Joining the Board of Directors for a three-year term are Len de Rohan, ISA CAPP, Pam Campbell, ISA CAPP, and Alyssa Stevens, ISA AM. These three members will join the six continuing members of the Board of Directors for the 2022-2023 year: Susan Boze, ISA CAPP Kim Kasten, ISA CAPP Sue McGovern-Hoffman, ISA CAPP Kathryn Minard, ISA CAPP Bruce Treadway, ISA

75
article thumbnail

Regulatory Brief for August 2022: Data security, UDAAP & the Future of the FFIEC’s CAT tool

N Contracts

Ready for another month of regulatory changes, guidance, and news? This month’s Ncast Regulatory Brief podcast has got you covered.

article thumbnail

Is This Your Situation: Sorting Out Payroll Categories

Machen McChesney

Distinguishing between independent contractors and employees is important for both tax and financial reasons. In order to comply with federal tax laws, you've got to be crystal clear about your workers' status and keep accurate records no matter what. Here's how to distinguish between independent contractors and employees – and why it's important.

71
article thumbnail

Mullen Automotive Acquires Controlling Interest in EV Truck Innovator Bollinger Motors, Inc.

Benzinga

With Nearly 50,000 Reservations for the Critically Acclaimed B1 and B2 Consumer Trucks, with Potential Customers and Upfitters Like Con Edison and Wabash , with Medium Duty Trucks Across Classes 3-6; Acquisition Accelerates Bollinger's Delivery of Class 4 EV Trucks to 2023. Bollinger to Leverage Mullen's Solid-State Battery Technology and Expertise.

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

ABA Is Defending Profession's Values From Monied Influences

Law 360 M&A

A recent Law360 guest article suggested that the American Bar Association ignored new opportunities for the legal industry by opposing nonlawyer ownership of law practices, but any advantages would be outweighed by the constraints nonlawyer owners could place on the independence that lawyers require to act in the best interest of their clients, says Stephen Younger at Foley Hoag.

75
article thumbnail

Morrisons’ takeover of McColl’s ‘will not harm majority’ of rival firms

The Guardian M&A

Competition regulator’s finding paves way for clearance of £190m rescue deal by supermarket group Morrisons’ takeover of convenience store chain McColl’s creates competition concerns in only a small number of local areas, according to the UK competition watchdog, paving the way for clearance of the £190m rescue deal. The Competition and Markets Authority (CMA), which said its initial investigation had found concerns in 35 local areas where the two brands competed, said the overall the deal “woul

article thumbnail

Class Seeks $950K Settlement With Stan Lee Media Co.

Law 360 M&A

A shareholder who sued the media company formed by iconic comic book writer and publisher Stan Lee following an alleged "fire sale" merger with a Hong Kong company in 2017 has agreed to settle his Delaware Chancery Court class action for $950,000.

75
article thumbnail

Vice Journalists Raise Concerns About Potential Deal With Saudi-Backed Firm

NYT M&A

The deal would involve the creation of a new brand focused on lifestyle and entertainment coverage and could be worth at least $50 million over several years.

article thumbnail

IP Forecast: DC Circ. To Hear Free Speech Challenge To DMCA

Law 360 M&A

The D.C. Circuit next week will consider a long-simmering constitutional challenge to parts of the Digital Millennium Copyright Act that lawyers at the Electronic Frontier Foundation call "a draconian federal statute that directly restricts [the] ability to speak." Here's a look at that case — plus all the other major intellectual property matters on deck in the coming week.

74
article thumbnail

Melrose/GKN: demerger reflects weakness of auto sector

Financial Times M&A

Handing investors shares in this unglamorous car business is a departure for the private equity group

Equity 94
article thumbnail

Darktrace Shares Tumble As Thoma Bravo Ends Offer Talks

Law 360 M&A

The share price of Darktrace sank more than 30% on Thursday after U.S. private equity firm Thoma Bravo said it has backed out of takeover talks with the U.K. cybersecurity company.

article thumbnail

Private equity firm Thoma Bravo pulls out of Darktrace bid talks

Financial Times M&A

Shares in UK cyber security group tumble 30% on the news

article thumbnail

My Walking Journey of 1,000 Days

Chris Mercer

Recap of 1,000 Days. Today, September 9, 2022, marks Day 1,000 for a journey that began on December 15, 2019, or nearly three years ago. I walked 5.3 miles, or 11,177 steps, on that day and began a commitment to walk at least five miles every day. Actually, I started with a goal of 10,000 steps per day and then raised it to five miles, which is about 10,500 steps.

article thumbnail

Trump’s media Spac fails to win backing for more time to finish deal

Financial Times M&A

Executives of blank-cheque group loan company $2.

98
article thumbnail

Motivated Investors – How To Find Them

A Neumann & Associates

Closing the deal is a significant challenge business owners face once they’ve made the decision to sell their business. Some business owners still hope somebody will walk through their door and make an offer they cannot refuse. While in some instances, inflated purchase prices might exist amongst public companies or with strategic acquisitions, but rarely will a buyer overpay for a business.

Banking 52
article thumbnail

Initial jobless claims drop to lowest level since May

LaPorte

(authored by RSM US LLP) The labor market showed continuing strength as last week's new filings for jobless claims fell for the fourth week in a row. The post Initial jobless claims drop to lowest level since May first appeared on LaPorte.

article thumbnail

Life Sciences Venture Capital Monitor – Europe 08/2022 published

Fox Corporate Finance

FCF Fox Corporate Finance GmbH is delighted to publish the new “FCF Life Sciences Venture Capital Monitor – Europe 08/2022”. The Monitor is a monthly published overview of venture capital trends in the European Life Sciences. Read more. The post Life Sciences Venture Capital Monitor – Europe 08/2022 published appeared first on FCF Fox Corporate Finance GmbH.

article thumbnail

IRS delays caused employers to wait on needed COVID tax credit relief

LaPorte

(authored by RSM US LLP) Congress passed multiple pieces of legislation aimed at providing relief to employers struggling due to the pandemic. A new Treasury Inspector General for Tax Administration (TIGTA) report finds that ongoing IRS processing delays are causing businesses to wait on COVID-related credits claimed on Forms 941-X. The report states that as of Feb. 1, 2022, there were 447,435 Forms 941-X waiting to be processed.

article thumbnail

Husch Blackwell Adds Health Care Pro, Corporate Pro In Calif.

Law 360 M&A

Husch Blackwell LLP is adding two attorneys in California, a corporate transactional expert as a partner in the San Francisco-area office while a health care expert joins the Los Angeles office as a senior counsel.

52
article thumbnail

Mullen Automotive Takes Controlling Stake In Bollinger Motors, Marking Its First EV Acquisition

Benzinga

Mullen Automotive Inc (NASDAQ: MULN ) has acquired a controlling interest in EV truck innovator Bollinger Motors Inc. The purchase price is $148.2 million in cash and stock for a 60% controlling interest, giving Mullen the majority ownership of Bollinger Motors. The acquisition is MULN's first EV. Full story available on Benzinga.com.

52
article thumbnail

MVP: Paul Weiss' Krishna Veeraraghavan

Law 360 M&A

Krishna Veeraraghavan of Paul Weiss Rifkind Wharton & Garrison LLP's corporate practice has overseen billion-dollar deals in the tech, biotech and life sciences sectors as well as the consumer, media, real estate sectors and more, earning him a spot as one of Law360's 2022 Mergers & Acquisitions MVPs.

article thumbnail

Wyndham Cements Foothold In Europe - Buys 'Vienna House' Hotel Brand

Benzinga

Wyndham Hotels & Resorts Inc (NYSE: WH ) has acquired the Vienna House brand for €44 million ($44 million). The acquisition adds an upscale and midscale portfolio of approximately 40 hotels and more than 6,000 rooms. The acquisition of the brand adds 28. Full story available on Benzinga.com.

52
article thumbnail

Benchmark International Successfully Facilitated The Transaction Between Arora Engineers And Jacmel Growth Partners

Benchmark Report

Benchmark International has successfully facilitated a transaction between Pennsylvania-based Arora Engineers and Jacmel Growth Partners, a New York-based private investment firm. Arora is a leading professional services firm that provides infrastructure-focused planning, design, program/construction management, facilities management, asset management and technology services primarily to state, local, and federal government customers.

article thumbnail

Finding the Value with Business Owners

Biz Equity

With the average owner having over 70% of their net worth tied to the business, it’s no wonder that more financial professionals are looking to work with business owners. They represent a unique opportunity for advisors of all specialties.

52