Sat.May 06, 2023 - Fri.May 12, 2023

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Racism and Systemic Risk

Harvard Corporate Governance

Posted by Cary Martin Shelby (Washington and Lee University), on Thursday, May 11, 2023 Editor's Note: Cary Martin Shelby is a Professor of Law at Washington and Lee University School of Law. This post is based on her recent paper , forthcoming in the Northwestern University Law Review. News of colossal bank failures have threatened economic stability once again.

Banking 292
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SBA Issues Change of Conditions for a Seller Note

Viking Mergers

We wanted to share some important changes that the SBA has issued and what that means for both Buyers and Sellers. The SBA changed the conditions for a Seller Note to be considered part of the Buyers Equity Injection (aka Down Payment). Under the former guidelines, the seller note must be on Full Standby (no principle or interest payments) until the SBA Loan was paid in full.

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Trending Sources

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AI-powered marketing and sales reach new heights with generative AI

Mckinsey and Company

AI technology has revolutionized marketing and sales; now, generative AI promises to disrupt the way B2B and B2C players think about customer experience, productivity, and growth.

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NIST Password Guidelines: Requirements to Creating a Strong Password

Audit Board

Do you think you know what it takes to create a secure password? How can you ensure your company’s systems users and employees are creating passwords that will protect confidential data, keep communications private, and prevent cyberattacks from damaging the company’s reputation and bottom line? The National Institute of Standards and Technology (NIST) regularly updates its Digital Identity Guidelines, including password creation and secrets management.

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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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Board Actions to Boost Corporate Sustainability

Harvard Corporate Governance

Posted by Laura Sanderson, Sarah Galloway and Kurt Harrison, Russell Reynolds Associates, on Tuesday, May 9, 2023 Editor's Note: Laura Sanderson co-leads the Board and CEO Advisory Partners in Europe and Sarah Galloway and Kurt Harrison are co-heads of Global Sustainability Practice at Russell Reynolds Associates. This post is based on their Russell Reynolds memorandum.

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Advisor Feature: Reed Kelly in Nashville, TN 

Viking Mergers

Reed Kelly’s journey from a small town in Tennessee to a Senior Advisor at Viking M&A is an inspiring one. He has navigated various challenges and changes in his career and emerged as a successful leader in the financial services and M&A industry. His story is a prime example of how hard work and a willingness to adapt can lead to success in any industry.

Start-ups 130

More Trending

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HEXO Corp. Advances Arrangement Agreement With Tilray Brands Inc.

Benzinga

HEXO Corp. (TSX: HEXO) (NASDAQ: HEXO ) received an interim order from the Ontario Superior Court of Justice advancing its arrangement agreement with Tilray Brands Inc. (NASDAQ: TLRY ). In this transaction, Tilray agreed to acquire all of HEXO's common shares through a court-approved plan of arrangement. To proceed with the arrangement, a special meeting will be held on June 14, Full story available on Benzinga.

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Financing Sustainable Change: What Does Good Governance Look Like?

Harvard Corporate Governance

Posted by Robert G. Eccles (Oxford University) and Vanessa Havard-Williams (Linklaters LLP), on Wednesday, May 10, 2023 Editor's Note: Robert G. Eccles is Visiting Professor of Management Practice at Oxford University Said Business School and Vanessa Havard-Williams is partner and Global Head of Environment & Climate Change at Linklaters LLP. This post is based on their FCA paper.

Finance 254
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Comment on AMC Hires a Convicted Felon as Property Data Collector by Mike Ford

Appraisers Blog

In reply to Hamp Thomas. Hamp I just submitted a draft article for AB to consider. See what you think. It does address fraud and a few other relevant issues of concern to appraisers. I suspect it is likely to trigger a response from certain ‘stakeholders’ and or regulators. Including the issues, you are concerned with.

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The art of data: Empowering art institutions with data and analytics

Mckinsey and Company

A data-driven view of key metrics can help art organizations articulate value, reshape strategy, build resilience, and achieve operational excellence.

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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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VinFast Is Going Public: What Investors Should Know About Tesla Rival, Third Largest SPAC Deal

Benzinga

Electric vehicle (EV) company VinFast is going public via SPAC merger in a deal announced Friday morning. Here are the key details. The SPAC Deal: VinFast announced a SPAC merger with Black Spade Acquisition Co (NYSE: BSAQ ). The deal comes as VinFast previously filed for an initial public offering in the U.S. The merger values VinFast at an enterprise value of $27 billion, which makes it the third-largest SPAC merger in history, according to SPAC expert Julian Klymochko.

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Superstar CEOs and Corporate Law

Harvard Corporate Governance

Posted by Assaf Hamdani and Kobi Kastiel (Tel Aviv University) , on Monday, May 8, 2023 Editor's Note: Assaf Hamdani is Professor of Law at Tel Aviv University; Kobi Kastiel is Professor of Law at Tel Aviv University, and Senior Fellow of the Harvard Law School Program on Corporate Governance. This post is based on their recent article , forthcoming in the Washington University Law Review.

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Comment on AMC Hires a Convicted Felon as Property Data Collector by Hamp Thomas

Appraisers Blog

In reply to Mike Ford. Dodd-Frank has lots of positive things if they were acted on. It’s too long and not clear enough. However, that’s not the focus right now. The focus is eliminating appraisers and replacing them with 3rd party inspectors. The 5% total might change to 50% plus in the next few years. That’s a problem. And yes, I still have a problem with the total AMC model, especially the six given the keys to the kingdom.

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Agile insurance: Lessons from leaders of Greek insurer Interamerican

Mckinsey and Company

Interamerican demonstrates how Southern European insurers can launch a successful agile transformation within their own cultural contexts.

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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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Must Our Group Health Plan Continue to Cover COVID-19 Testing and Vaccines After the Public Health Emergency Has Ended?

ThomsonReuters

QUESTION: Throughout the pandemic, our company’s group health plan has covered COVID-19 testing and vaccines at no cost to plan participants. Is this still required now that the public health emergency has ended? ANSWER: During the COVID-19 public health emergency (PHE), which ended May 11, 2023, group health plans were required to cover COVID-19 testing with no cost-sharing, prior authorization, or other medical management restrictions.

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Banking Crises in Historical Perspective

Harvard Corporate Governance

Posted by Carola Frydman (Northwestern University) and Chenzi Xu (Stanford University) , on Friday, May 12, 2023 Editor's Note: Carola Frydman is Professor of Finance at the Kellogg School of Management at Northwestern University, and Chenzi Xu is an Assistant Professor of Finance at Stanford University Graduate School of Business. This post is based on their recent paper.

Banking 242
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Comment on AMC Hires a Convicted Felon as Property Data Collector by Honest Appraiser

Appraisers Blog

In reply to Mike Ford. by promoting the AMC business model to takeover 80+% of the FNMA mortgage work. Dudd-Fwank handed the AMC’s a golden ticket and they have abused the hell out of it.

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How agtech is poised to transform India into a farming powerhouse

Mckinsey and Company

Technology is rapidly reshaping agriculture in India, creating investment opportunities, lifting up rural areas, and feeding the world.

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EG Acquisition Corp. and flyExclusive Announce Filing of Preliminary Proxy Statement with SEC in Connection with their Proposed Business Combination

Business Wire M&A

NEW YORK & KINSTON, N.C.--(BUSINESS WIRE)--EG Acquisition Corp. (NYSE: EGGF), a Special Purpose Acquisition Company (“SPAC”), sponsored by EnTrust Global and GMF Capital, and flyExclusive, a leading provider of premium private jet experiences, today announced that EGGF has filed with the U.S.

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North America Proxy Voting and Engagement Guidelines

Harvard Corporate Governance

Posted by Benjamin Colton, State Street Global Advisors, on Monday, May 8, 2023 Editor's Note: Benjamin Colton is Global Head of Asset Stewardship at State Street Global Advisors. This post is based on his SSGA memorandum. State Street Global Advisors’ Proxy Voting and Engagement Guidelines [1] for North America outline our approach to voting and engaging with companies listed on stock exchanges in the United States and Canada.

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Comment on AMC Hires a Convicted Felon as Property Data Collector by Bill

Appraisers Blog

In reply to Todd Redington, SRA AI-RRS AGA. We are talking about the safety of the inhabitants, not fudging numbers. Get over yourself. You’re proving my point. When your only requirement to become a data collector is to pass a background check, then you have set the bar extremely low. The world we live in is where the fastest and cheapest gets hired for mortgage work without my regard to competency or quality.

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It’s (past) time to get strategic about DEI

Mckinsey and Company

Companies have committed to being more diverse, inclusive, and equitable, but many struggle to make significant progress in these areas. Here’s how they can meet DEI ambitions—now and in the longer term.

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MGP Ingredients Buys This Family And Founder-Owned American Whiskey Company Penelope Bourbon

Benzinga

MGP Ingredients, Inc (NASDAQ: MGPI ) said its subsidiary, Luxco Inc, has reached a definitive agreement to acquire 100% of the equity of Penelope Bourbon LLC and its related assets. The consideration includes upfront $105.0 million in cash to be paid at closing, with further potential earn-out contingent of up to a maximum cash payout of $110.8 million measured through December 31, 2025, Full story available on Benzinga.

Equity 98
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Diversity and Inclusion—an Investor’s Handbook

Harvard Corporate Governance

Posted by Diana Lee, AllianceBernstein, on Saturday, May 6, 2023 Editor's Note: Diana Lee is Director of Corporate Governance and an ESG Analyst for Responsible Investment team at AllianceBernstein. This post is based on her AllianceBernstein memorandum. Managing a workforce has always been vital for business success. In today’s increasingly diverse society, successful people management is critical for companies seeking to retain talent and cultivate positive customer relationships.

Equity 238
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Comment on Woke ‘Bounty’ Bill Will Chill Speech of New York Appraisers by WeaponsOfMassDistruction

Appraisers Blog

In reply to That Scott Guy. This is Coersion legitimized in the name of the ‘Anti-discrimination Fund’ for the dissolution of the appraisal profession who refuse to over value property & to pad the pockets of NY state officials & Appraiser POLICE. Insurers and appraisers will be bankrupt if they arent already with Willy Nilly lawsuits & fines.

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Moving supply chain leaders to the C-suite

Mckinsey and Company

The authors of From Source to Sold discuss how supply chain leaders can take a seat at the boardroom table, becoming strategic leaders who help drive more resilient supply chains.

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Montrose Environmental Acquires GreenPath Energy To Strengthen Fugitive Emissions Solutions

Benzinga

Montrose Environmental Group Inc (NYSE: MEG ) has acquired GreenPath Energy Ltd , an optical gas imaging and fugitive emissions management services firm in Canada. The firm specializes in working with oil and gas companies, helping them make the transition to a cleaner energy future. GreenPath's leadership, including President Joshua Anhalt , will.

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Diversifying the Boardroom: 2022 Disclosures

Harvard Corporate Governance

Posted by David A. Bell, Dawn Belt and Ron C. Llewellyn, Fenwick & West LLP, on Thursday, May 11, 2023 Editor's Note: David A. Bell and Dawn Belt are partners and Ron C. Llewellyn is counsel at Fenwick & West LLP. This post is based on their Fenwick memorandum. Related research from the Program on Corporate Governance includes Politics and Gender in the Executive Suite (discussed on the Forum here ) by Alma Cohen, Moshe Hazan, and David Weiss ; Will Nasdaq’s Diversity Rules Harm I

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Comment on Borrowers With Good Credit Scores to Foot the Bill for Higher Risk Borrowers by Baggins

Appraisers Blog

In reply to Jim. Holy smokes! Great news! I was personally already researching class action suits our family could join, the proposal was clearly unconstitutional. That rule would have derailed over twenty years of dedicated effort and careful planning for us personally. Finally a little relief. Now who’s going to stop the ridiculous appraisal modernization, stop these corrupt appraisal management companies?

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Virtual hospitals could offer respite to overwhelmed health systems

Mckinsey and Company

A shift to more-accessible, cost-effective virtual-care models could mitigate increases in healthcare service demand, expenditures, and patient dissatisfaction.

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Helping Malaysian organizations take the next step in sustainability

Avanade

Avanade's Southeast Asia General Manager, Bhavya Kapoor, shares his views on the effective strategies Malaysian organizations need to take in order to move beyond sustainability pledges and accelerate progress

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Delaware M&A: Spring 2023

Harvard Corporate Governance

Posted by Andre G. Bouchard, Kyle T. Seifried, Laura C. Turano, Paul, Weiss, Rifkind, Wharton & Garrison LLP, on Sunday, May 7, 2023 Editor's Note: Andre Bouchard , Kyle Seifried , and Laura C. Turano are partners at Paul, Weiss, Rifkind, Wharton & Garrison LLP. This post is based on their Paul Weiss memorandum and is part of the Delaware law series ; links to other posts in the series are available here.

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Comment on The Scam of Racial Discrimination by Appraisers by James Anderson

Appraisers Blog

Buyer’s that file complaints like these are picking on the one neutral party that has nothing to gain. If anything we backstop them from making a poor decision. Does the lender, AMC or the realtors do this? No! They have skin in the game. I can’t tell you the number of times I’ve seen the buyer’s agent lure their client into what was clearly a bad deal.

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Activision Blizzard In 'Pannick' Mode, Taps Queen Elizabeth II's Former Lawyer For CMA Appeal

Benzinga

Activision Blizzard, Inc. (NASDAQ: ATVI ) hired Lord David Pannick KC to represent its appeal against the Competition and Market Authority (CMA) board's decision to halt Microsoft Corp.'s (NASDAQ: MSFT ) proposed $68.7 billion acquisition. The appeal will be brought to the Competition Appeal Tribunal (CAT). Pannick is a well-known figure in the U.K.'s legal field, having served as a lawyer for several decades.