Wed.May 08, 2024

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The Missing “T” in ESG

Harvard Corporate Governance

Posted by Danielle Chaim (Bar-Ilan University), and Gideon Parchomovsky (Hebrew University of Jerusalem), on Wednesday, May 8, 2024 Editor's Note: Danielle Chaim is an Assistant Professor at Bar-Ilan University Faculty of Law, and Gideon Parchomovsky is Wachtell, Lipton, Rosen & Katz Chair in Corporate Law at the Hebrew University of Jerusalem and Robert G.

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To defend against disruption, build a thriving workforce

Mckinsey and Company

As generative AI begins to reshape jobs, leaders have an opportunity to reimagine work, the workplace, and the worker. Five actions can help.

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Delaware’s Status as the Favored Corporate Home: Reflections and Considerations

Harvard Corporate Governance

Posted by Amy Simmerman, William B. Chandler III, and David Berger, Wilson Sonsini Goodrich & Rosati, on Wednesday, May 8, 2024 Editor's Note: Amy Simmerman , William B. Chandler III , and David Berger are Partners at Wilson Sonsini Goodrich & Rosati. This post is based on a Wilson Sonsini memorandum by Ms. Simmerman, Mr. Chandler, Mr. Berger, Brad Sorrels , and Ryan Greecher and is part of the Delaware Law series ; links to other posts in the series are available here.

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Volunteering to Help Grow the Business Valuation Profession

BVR

You have heard and read a lot recently about the staffing issues the business valuation profession faces. Where are the people who will lead and staff the profession in the future going to come from?

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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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Primer on Corporate Political Spending for Incoming Directors

Harvard Corporate Governance

Posted by Bruce F. Freed, Jeanne Hanna and Karl Sandstrom, Center for Political Accountability, on Wednesday, May 8, 2024 Editor's Note: Bruce F. Freed is President and Co-Founder, Jeanne Hanna is Research Director, and Karl Sandstrom is Strategic Advisor at the Center for Political Accountability. This post is based on their CPA memorandum. Over the past year, several corporate executives have expressed a concern to the Center for Political Accountability that new members of corporate boar

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Sony and Apollo’s Plan for Paramount: Break It Up

NYT M&A

CBS and other well-known properties would be sold if Sony and Apollo were able to buy Paramount. But the new owners would keep the movie studio.

More Trending

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How to Measure Your Way to Product-Market Fit

Lighter Capital

Whether your business is just starting to focus more heavily on product-market fit, or if the goal is to raise money so you can continue to grow, today’s market is proof that customer focus will remain a critical element in success. Whatever stage in the game you’re at, here’s some wisdom you can take to the bank: don’t get tunnel vision when raising money.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Bill Johnson

Appraisers Blog

In reply to Eric Kretz. With a crazy amount of VA appraisers in San Diego (San Diego County / 3.3 million population) year to date the average assignment spread is every 11 days (less than 3 a month). Seek the truth.

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Swimming Makes Me A Better Lawyer

Law 360 M&A

Years of participation in swimming events, especially in the open water, have proven to be ideal preparation for appellate arguments in court — just as you must put your trust in the ocean when competing in a swim event, you must do the same with the judicial process, says John Kulewicz at Vorys.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Sheri

Appraisers Blog

In reply to Baggins. A borrower inspection is just that. The borrower is lead through a video inspection on his/her phone by an appraiser sitting at a computer. The appraiser gives the borrower instructions on what to view and the borrower takes video while walking through the property. The appraiser sitting at his/her desk can watch the video as it is being recorded by the borrower and take snapshots of items of importance through coordination with the borrower.

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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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Unleashing the power of midcap companies

Mckinsey and Company

Midmarket businesses have vast opportunities to increase their performance and scale if they reinvent how they work. Here are six keys to successful midcap transformations.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by DGK

Appraisers Blog

Haven’t read all of the above, but this concept simply wreaks of setup, conspiracy, sting, & entrapment, and is as simple as holding an appraiser accountable for matching a preliminary title report that was never provided and not otherwise available to the “valuation expert” at the time the assignment order was placed and accepted.

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BREAKING: Biden Picks U.S. Magistrate Judge In Fla. For 11th Circ.

Law 360 M&A

President Joe Biden announced on Wednesday his intent to nominate U.S. Magistrate Judge Embry J. Kidd to the Eleventh Circuit.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by William Turner

Appraisers Blog

A complaint to the Maryland Appraisal Commission automatically gets referred directly to the appraiser who must respond within 30 days. Although I like Baggins statement: ‘Intended users does not include artificial interface software or any such AI based interface, or quantum computing systems.’ but it will not save any time responding to an Appraisal Board.

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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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Why Expert Witness Certifications Matter In Litigation

Gross Mendelsohn

Certifications help signal that someone is knowledgeable and competent in a given subject matter or area. For expert witnesses, a certification can be valuable for emphasizing their competency and eligibility to serve as an expert witness in court. On the other hand, expert witnesses who lack credentials have an uphill battle in proving their knowledge and ability to serve as an expert witness.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Spencer Paul

Appraisers Blog

In reply to Eric Kretz. That is interesting. I have heard similar stories here in the PNW. I have tried to expand my coverage areas for more rural type places to keep work coming in and in all accounts I was rejected. Well, unless I wanted to cover area that are even farther than my 3 hour radius of coverage. I said no thank you. I drive far enough as it is and if the markets shifted to the positive 10% I would be very busy.

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Hollywood's Horrible Year? Not For CEOs: Disney's Bob Iger, Warner Bros.' David Zaslav Enjoy Huge Paydays

Benzinga

Movie industry experts expect a weak box office in 2024. And yet, the boards of major studios decided to reward their CEOs handsomely, according to Variety. The domestic box office collected roughly $8.6 billion in 2023 (COVID-19-era 2021-2022 saw a combined total of $12 billion). It was a year marked by mass layoffs and two massive Hollywood strikes , which AMC Entertainment Holdings Inc (NYSE: AMC ) CEO Adam Aron called “ a double whammy.” But, as director Kevin Smith once said, "I

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Eric Kretz

Appraisers Blog

In reply to cassandra. Interesting. Here in Colorado, VA allegedly had a ‘shortage’ of appraisers from 2015 through 2022. Their answer was to hire new (incompetent) appraisers, and then pressure the older and seasoned appraisers to cover the rural areas and different counties they might not cover or be geographically competent in. It was a sh!

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Byron Allen On Paramount-SkyDance Merger: 'We Want To Buy All The Shares, Take It Private'

Benzinga

Media magnate Byron Allen has shown interest in acquiring Paramount Global (NASDAQ: PARA ) (NASDAQ: PARAA ), intending to privatize it before eventually launching an IPO, as revealed on CNBC’s “Last Call.” What Happened : During a discussion with Brian Sullivan on CNBC on Thursday, Allen talked about the potential merger of Paramount with SkyDance and how it affects his plans to purchase Paramount. “We are interested in the entire package.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by And the nightmare gets worse

Appraisers Blog

In addition to damaging more appraiser’s lives, I can think of several dozens of ways this new system will be abused. This invasive, soon to be requirement, is likely to look for more than appraisal related items. What books are on your shelves, what do personal displayed photos and/or artwork on the walls reveal? Do the homeowners have a gun safe that shows up in the pictures?

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AI Boom To Drive Billions In Data Center Investments In APAC: Report

Benzinga

The ongoing artificial intelligence boom is expected to trigger a surge in data center investments in the Asia-Pacific region, with the total value of mergers and acquisitions and investments projected to reach billions of dollars. What Happened : Global private equity investors and asset managers are gearing up for a wave of M&A and investments related to data centers in Asia-Pacific.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Eric Kretz

Appraisers Blog

In reply to DGK. “I can assure the industry that setup, entrapment, and sting efforts all exist at that level, as does overlooking fact in favor of accusation. Be very careful out there, because right or wrong it is very, very, expensive.” There is a video a few years back of a Tennessee state appraisal board hearing where a board member was caught on camera saying to other board members “an appraiser comes in the door, stubs his toe, and we fine him $4,000” or something

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KKR Inks ~$1.4B Deal For Australian Company Perpetual's Corporate Trust And Wealth Management Units: Details

Benzinga

KKR & Co. Inc. (NYSE: KKR ) inked a deal to acquire Perpetual’s wealth management and corporate trust businesses for AU$2.175 billion (~$1.43 billion ). KKR will acquire the businesses through a Scheme of Arrangement (Scheme), and net proceeds will be returned to shareholders. The proceeds will be determined after paydown of Perpetual Group debt, along with separation and transaction costs and including customary business-specific net debt adjustments at completion.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Spencer Paul

Appraisers Blog

In reply to Bill Johnson. The guy that made this change to flood the panel with crappy Appraiser and try to run it like and AMCâ€Ĥthey should have done some homework before making such a decision.

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Navigating the Deal: The Crucial Role of Emotional Intelligence in Business Negotiations

Sun Acquisitions

In the fast-paced world of mergers and acquisitions, where figures and spreadsheets often take center stage, a subtle yet powerful force can shape a deal’s success or failure: emotional intelligence (EI). Understanding and managing one’s own and those of others plays a pivotal role in negotiating business deals, particularly in the intricate dance of buying or selling a business.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by DTEA

Appraisers Blog

FNMA & Freddie plan to implement photo recognition AI to analyze appraisal photos & extract 100+ data points related to quality & condition.

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AMA: Amir Jirbandey, co-founder of Papercup

Vested

Amir Jirbandey, the co-founder and CEO of pioneering AI dubbing business Papercup , talks about challenges, team bonding, and the key metrics required to take a business from zero to hero.

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Comment on Fannie & Freddie’s AI Appraisal Photo Recognition by Lamarr Banks

Appraisers Blog

“I’m sorry Dave, but that kitchen was clearly C2 not C3. Open the pod bay doors HAL!

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The era of AI: Is this the end of traditional ERP?

Avanade

Learn why it’s important to remember the core foundations of ERP, and how they’re fundamental for those looking to innovate and advance to the next era of AI-led ERP.

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BBVA â‚Ĵ12B Offer For TSB Owner Sabadell Turns Hostile

Law 360 M&A

Spanish banking giant BBVA launched a hostile takeover of Banco de Sabadell on Thursday, approaching shareholders directly with a â‚Ĵ12 billion ($12.8 billion) all-share deal after being rebuffed by the rival bank's board.

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CEOs: Use an Early Warning System to Become a Proactive Leader

Rhythm Systems

Only 50% of CEO departures are voluntary. This is not encouraging information to receive, especially for those of us who are already under the multitude of pressures that come with the CEO job. It’s like being behind the wheel of a race car knowing that your chance of a crash is 1 in 2. How do you cross the finish line and beat your competitors without crashing first?

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Mayer Brown, Latham Steer Proficient Auto's $215M IPO

Law 360 M&A

Proficient Auto Logistics Inc. on Wednesday priced a $215 million initial public offering within its range, represented by Mayer Brown LLP and underwriters' counsel Latham & Watkins LLP, in an IPO that will help the specialized freight company combine five logistics businesses into one publicly traded entity.

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Business Valuation for Selling a Concrete Business

Peak Business Valuation

Due to rising construction activity, the concrete industry is projected to generate over $79 billion in revenue over the next five years. This can have a strong influence on the value of a concrete business. If you own a concrete business, now may be a great time to sell it. Concrete business valuations are essential when selling a concrete business.

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99 Cents Beats Creditor Objection To Get OK On $61M DIP

Law 360 M&A

A Delaware bankruptcy judge on Wednesday approved discount store 99 Cents Only's full $60.8 million Chapter 11 financing deal after rejecting a group of noteholders' objection to the relief, finding an intercreditor agreement barred the group from blocking debtor-in-possession funding.

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