Wed.Dec 14, 2022

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Determining Whether Your Corporate Compliance Program is “Good Enough”

Harvard Corporate Governance

Posted by Rich Kando, Sean Dowd, Robert Coffey, AlixPartners, on Wednesday, December 14, 2022 Editor's Note: Rich Kando and Sean Dowd are Managing Directors, and Robert Coffey is Director at AlixPartners. This post is based on their AlixPartners memorandum. I. Introduction. Business leaders of companies operating outside of the financial services industry (“corporates”) are more frequently asking their legal and/or compliance departments a variation of the following question: “Is our company’s c

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‘Future vehicles require future insurance’

Mckinsey and Company

In an interview with McKinsey’s Tanguy Catlin, Andrew Rose of OnStar Insurance discusses how telematics data will usher in a new era of auto insurance.

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Roadmap for Inclusive Green Finance Implementation – Building Blocks to Implement IGF Initiatives and Policies

Harvard Corporate Governance

Posted by Dirk Zetzsche (University of Luxembourg) Ross Buckley (UNSW Sydney), Douglas Arner (Hong Kong University), on Wednesday, December 14, 2022 Editor's Note: Dirk A. Zetzsche is Professor and ADA Chair in Financial Law at the University of Luxembourg and Director of the Center for Business & Corporate Law at Heinrich Heine University in Duesseldorf; Ross Buckley is Scientia Professor and King & Wood Mallesons Chair of International Finance Law at the University of New South Wales;

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Eutelsat Urges FCC Approval Of OneWeb Satellite Deal

Law 360 M&A

French satellite operator Eutelsat met with more than half the Federal Communications Commission last week and used the opportunity to press upon the agency the benefits of its $3.4 billion merger with rival OneWeb.

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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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Executive Compensation Considerations in the 2023 Reporting Season

Harvard Corporate Governance

Posted by Brian Breheny, Raquel Fox, Joseph Yaffe, Skadden, Arps, Slate, Meagher & Flom LLP, on Wednesday, December 14, 2022 Editor's Note: Brian Breheny , Raquel Fox and Joseph Yaffe are Partners at Skadden, Arps, Slate, Meagher & Flom LLP. This post is based on their Skadden memorandum. Prepare for New Pay-Versus Performance Disclosures. On August 25, 2022, the SEC adopted final rules requiring public companies to disclose the relationship between the executive compensation actually pa

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BTRS Wins Stockholder Approval For Merger With EQT Private Equity

Benzinga

BTRS Holdings Inc (NASDAQ: BTRS ) stockholders voted to approve the definitive merger agreement with an affiliate of EQT X Fund (EQT Private Equity) at a special meeting of the company's stockholders. Under the agreement, an affiliate of EQT Private Equity will acquire all of. Full story available on Benzinga.com.

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Real Estate and Construction Industries' Growing Cybersecurity Threat

Machen McChesney

In the last few years, real estate and construction leaders have made great strides to implement new technologies into their regular practices. While these advances have uncovered additional efficiencies, their adoption has created a critical vulnerability: data security.

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Deep learning in product design

Mckinsey and Company

A revolutionary approach is transforming the way companies approach tough engineering optimization challenges.

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Grant & Eisenhofer To Lead Warner-Discovery Securities Suit

Law 360 M&A

A New York federal judge has named Grant & Eisenhofer PA as lead counsel for a securities class action that accuses Discovery Inc. of not telling investors about the struggles that Warner Bros. was having with streaming service HBO Max prior to the $43 billion merger of the two media giants.

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Resilience in life sciences: Emerging stronger from the downturn

Mckinsey and Company

As the life sciences industry is tested by an uncertain economic environment, companies can focus not only on resilience but on positioning themselves to accelerate when coming out of the downturn.

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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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AGs Offered Nothing New In Albertsons Suit, Judge Says

Law 360 M&A

A District of Columbia federal judge, who earlier this week declined once again to prevent Albertsons from paying a $4 billion dividend to shareholders ahead of its merger with Kroger, said he did so because the D.C., California and Illinois attorneys general failed to present new, favorable evidence — a ruling the attorneys are appealing.

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Global balance sheet 2022: Enter volatility

Mckinsey and Company

Growth in the global balance sheet accelerated during the pandemic, but paused in 2022.

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How To Deal With Difficult Clients, Practically And Ethically

Law 360 M&A

Meredith Stoma at Lewis Brisbois discusses common obstacles for counsel working with difficult clients and provides guidance on ethically managing or terminating these challenging relationships — as, for example, counsel for Ye have recently done.

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Transforming HR to better support higher education institutions

Mckinsey and Company

Higher education institutions face stiff competition in the race for talent. A strong and connected HR function could give them an edge.

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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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How to overcome the most common challenges of tax engine implementation

ThomsonReuters

Though an automated tax engine will ultimately improve a company’s overall operations, a successful implementation process does place certain demands on a company’s personnel, some of which can be challenging if not addressed properly. Fortunately, most of these challenges can be overcome with sufficient planning and some awareness of what to expect.

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Global Economics Intelligence executive summary, November 2022

Mckinsey and Company

Industry and consumer activity sags under weight of inflation and higher interest rates; forecasting institutions trim GDP growth projections for 2023.

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Ncontracts Appoints Cathy Guthrie to Chief Human Resource Officer

N Contracts

BRENTWOOD, Tenn., Dec. 14, 2022 – Ncontracts , the leading provider of integrated compliance and risk management solutions to the financial industry, is pleased to announce the promotion of Cathy Guthrie to Chief Human Resource Officer. Ms. Guthrie has served as the EVP of Human Resources at Ncontracts since 2021.

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Fiber opportunity: Four deal types for investors to consider

Mckinsey and Company

High investor demand has put a premium on fiber networks that deliver broadband connections to households, but there is still scope for more value-creating deals.

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December 15, 2019 to December 14, 2022: Three Years of Walking

Chris Mercer

ChrisMercer.net is a blog where I talk primarily about things related one way or another to business valuation, but I also venture into personal topics from time to time. Walking has been one of those topics. Three years ago, on December 15, 2019, I began a journey and did not know where it would lead. I had been traveling a great deal and working too hard.

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The energy transition: A region-by-region agenda for near-term action

Mckinsey and Company

What practical actions could countries take now to ensure that the energy transition both accelerates and proceeds in an orderly fashion?

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8 Keys to Success When Performing Gap and Readiness Assessments

Audit Board

Assessments are vital tools for planning and scoping throughout every stage of maturity in your compliance program. Gap assessments and readiness assessments serve similar purposes, and you can utilize either, or both, to help you determine and prioritize your compliance needs as they evolve over time. . A lightweight gap assessment helps a business estimate how much effort it will take to comply with a framework or requirement. .

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UK Clears $5.7B Chemical Admixtures Deal After Fixes

Law 360 M&A

Britain's antitrust regulator said on Thursday that it has accepted a remedy proposed by Swiss chemicals company Sika AG and German rival MBCC Group that will prevent their $5.7 billion merger from harming competition in the U.K. construction industry.

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Chris Mercer to Speak at NACVA Around the Valuation World International

Auto Dealer Valuation Insights

Christopher Mercer, FASA, CFA, ABAR will be speaking virtually at the National Association of Certified Valuators and Analysts’ Around the Valuation World International webinar on December 19th, 2022. Chris’s session will be based on his 11-part Déjà Vu blog series from his popular website, ChrisMercer.net. Some of the topics he covered in this series are the SEC Institutional Investor study.

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Antitrust Judge Probes Within Exec: 'Why Sell To Meta?'

Law 360 M&A

A California federal judge presiding over the Federal Trade Commission's challenge of Meta Platforms Inc.'s acquisition of Within probed the virtual reality fitness app-maker's president Wednesday on his testimony that the deal was driven by Within's desire to bring VR to more people, asking, "Why sell to Meta? Why not stay in the game?

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Claiming An Exemption from Self-Employment Tax As A Limited Partner? Think Twice

Trout CPA

Limited partners claiming an exemption from Self-Employment Contributions Act (SECA) taxes may be putting themselves at risk – in certain circumstances. In fact, more recently, it has become even riskier. Why? Because the rules are unclear, and the IRS has prioritized this issue in examinations and successfully challenged exemption claims in court.

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Construction Industry Economic Outlook Presented by FMI

Meade & Moore

Meaden & Moore hosted an event with FMI, the leading management consulting and investment banking firm dedicated exclusively to engineering and construction, infrastructure and the built environment, for an update on the economy as it relates to the construction industry – including: Where potential opportunities for growth are at; What segments are in decline; The impact of material pricing, labor shortages, rate increases and inflation; And continued pressure on margins.

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Prevailing Wage and Apprenticeship Requirements Guidance Issued

Trout CPA

On November 29, 2022, the U.S. Department of the Treasury and the Internal Revenue Service announced guidance providing taxpayers information on how to satisfy the prevailing wage and apprenticeship requirements to qualify for enhanced tax benefits under the Inflation Reduction Act’s clean energy provisions.

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Investment Banking Target Schools: Lists by Region and What to Do If You’re Not at One

Brian DeChesare

One topic that I’ve never fully explained on this site is the investment banking target school. There are countless references to “target schools” in the articles and interviews, and we assume everyone understands the term. But that’s not always the case, and it gets confusing because target schools differ by region (U.S. vs. Europe vs. Asia) and level (undergraduate vs.

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What's Going On With Vallon Pharmaceuticals Stock Today?

Benzinga

Vallon Pharmaceuticals Inc (NASDAQ: VLON ) shares are up more than 105% Wednesday morning after the company entered into a definitive merger agreement with GRI Bio. GRI Bio is a privately held biotechnology company advancing an innovative pipeline of Natural Killer T cell regulators for the treatment of inflammatory, fibrotic and autoimmune diseases.

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Enforcers Get More Time For $4.95B Deal Review

Law 360 M&A

Regal Rexnord Corp. moved to give the government additional time to review its proposed $4.95 billion offer to acquire machine parts producer Altra Industrial Motion Corp. that would take Altra private.

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Video on Demand Market Size [2022-2029] Exhibits 17.6% CAGR to Reach USD 257.59 Billion by 2029

Benzinga

Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) -- The video on demand market size is predicted to reach USD 257.59 billion by 2029 and exhibit a CAGR of 17.6% during the projected period. Fortune Business Insights TM has presented this information in its report titled, "Video on Demand Market Forecast, 2022-2029". The market stood at USD 69.55 billion in 2021 and USD 82.77 billion in 2022.

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Luse Gorman, Holland Knight Lead $150M First Bank Deal

Law 360 M&A

Luse Gorman PC guided First Bank in its acquisition of bank holding company Malvern Bancorp Inc., advised by Holland & Knight LLP, in a deal worth $149.5 million, First Bank announced Wednesday.

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With 17.0% CAGR, Virtual Meeting Software Market Worth USD 41.58 billion by 2027

Benzinga

Pune, India, Dec. 14, 2022 (GLOBE NEWSWIRE) -- The global virtual meeting software market size was worth USD 12.11 billion in 2019. It is projected to rise from USD 41.58 billion by 2027, exhibiting a CAGR of 17.0% during the forecast period, 2020-2027. Availability of Low-cost Cloud Platforms Will Emerge in Favour of Market Growth. Fortune Business Insights™ has published this information in its latest research report titled, "Virtual Meeting Software Market Forecast, 2022-2027.".

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Stakeholder Engagement

Reynolds Holding

A common argument against stakeholder governance is that it renders managers less accountable while doing little to improve the welfare of stakeholders. Lucian Bebchuk and Roberto Tallarita call this “The Illusory Promise of Stakeholder Governance.” But what if stakeholder governance actively empowered stakeholders? Rather than being merely just of and for the stakeholders, it could become governance by the stakeholders as well.

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