Harvard Corporate Governance

MAY 14, 2024

Posted by Sophie Gauthier-Beaudoin and Tim Copnell, KPMG, on Tuesday, May 14, 2024 Editor's Note: Sophie Gauthier-Beaudoin is Head of Investor Engagement and Tim Copnell is Chair of the Audit Committee Institute at KPMG in the UK. This post is based on their KPMG memorandum. The business and risk environment has changed dramatically over the past year, with greater geopolitical instability, surging inflation, high interest rates, and unprecedented levels of disruption and uncertainty.

Compliance 160

Compliance 160

Law 360 M&A

MAY 14, 2024

As courts handle increasingly complex damages analyses involving vast amounts of data, an economic clerkship program — integrating early-career economists into the judicial system — could improve legal outcomes and provide essential training to clerks, say Mona Birjandi at Data for Decisions and Matt Farber at Secretariat.

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Harvard Corporate Governance

MAY 14, 2024

Posted by Sarah Wenger, Maria Vu, and Dimitri Zagoroff, Glass, Lewis & Co, on Tuesday, May 14, 2024 Editor's Note: Sarah Wenger is Senior Analyst, Maria Vu is Senior Director, and Dimitri Zagoroff is Senior Editor at Glass, Lewis & Co. This post is based on their Glass Lewis memorandum. In the spring of 2023, the United States witnessed the country’s three largest bank failures since the 2008 financial crisis.

Banking 140

Banking Marketability 140

Global Finance

MAY 14, 2024

Automaker Stellantis and Chinese electric automaker Leapmotor agreed on a joint venture to sell electric vehicles outside of China, according to the two companies on Tuesday. Beginning in September, Netherlands-based Stellantis will sell the Chinese-built Leapmotor vehicles throughout Europe, with Leapmotors’s lineup complementing its selection of cars.

Finance 96

Finance Marketability 96

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

MAY 14, 2024

Posted by Jim An (Stanford Law School), on Tuesday, May 14, 2024 Editor's Note: Jim An is a Teaching Fellow and Lecturer in Law at Stanford Law School. This post is based on his recent article forthcoming in the George Washington Law Review. One of the first legal questions that courts ask when reviewing a shareholder suit is whether the pleaded claims are “direct” or “derivative.

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N Contracts

MAY 14, 2024

David Gonzalez is an audit expert with Ncontracts with more than 20 years of experience in the industry. From compliance officer to internal auditor to risk officer, h e has spent his career evaluating the effectiveness of risk management and compliance programs and working to improve them.

Compliance 105

Compliance 105

Appraisers Blog

MAY 14, 2024

In reply to Al Bendover. That’ll never happen. It has to be “organic” so it can change with the leftist politics of the moment. And, of course, given that leftism is mental illness, it will only get worse (more restrictive, insane and incomprehensible) over time.

Appraisal 98

Appraisal 98

NYT M&A

MAY 14, 2024

A new bill will result in a ban of the app and a propaganda win for Beijing.

Mergers & Acquisitions 116

Mergers & Acquisitions 116

Appraisers Blog

MAY 14, 2024

May I suggest that everyone commenting here watch the PBS show “Mr. Bates vs The Post Office” It’s a very good show about hidden corruption. It just reminded me that the powers we struggle against are so out of touch with reality, so pathological and hold us in such disdain that sanity will never return. Did anyone notice that the moment BLM and DEI showed up that the appraisal foundation jumped right into it?

Appraisal 98

Appraisal 98

Financial Times M&A

MAY 14, 2024

Miner to sell or demerge its De Beers, Amplats and coking coal businesses

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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

Appraisers Blog

MAY 14, 2024

In reply to Fitz Turner. Funny thing is, I’m old enough to remember when the phrase “master bedroom” was born. It was nothing but a builder marketing phrase and had absolutely NOTHING to do with race. But, here we are, huh?

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Appraisal Marketability 98

Financial Times M&A

MAY 14, 2024

Restructuring will forever change the 107-year-old miner as a £34bn takeover battle looms

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Appraisers Blog

MAY 14, 2024

In reply to Connie Marines. It takes approximately five matched paired sales on one factor to actually come up with an accurate adjustment. In the vast majority of appraisals I do, I’m lucky to find one comparable with one factor that’s similar. I typically have to find a comparable where the land size is similar. Then another comparable where the house size is similar, then another comparable where one other factor is similar and these are typically spread over two to six counties.

Appraisal 98

Appraisal Marketability 98

Benzinga

MAY 14, 2024

Uber Technologies, Inc. (NYSE: UBER ) and Delivery Hero SE have struck a deal, with Uber set to acquire Delivery Hero’s foodpanda delivery arm in Taiwan for $950 million in cash. Separately, the companies have also agreed for Uber to purchase $300 million in newly issued ordinary shares of Delivery Hero. The transaction is pending regulatory approval and customary closing conditions, slated for the first half of 2025.

Technology 59

Technology Equity 59

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

Appraisers Blog

MAY 14, 2024

In reply to Steve Maher. I’m rereading it currently. Another extremely good, very enlightening video is called “The Architects of Western Decline” Look up the Frankfurt School on YouTube. It’ll be somewhere in the list.

Appraisal 98

Appraisal 98

Financial Times M&A

MAY 14, 2024

The fact that the mining group has finally moved to clean up its messy structure has to be a good thing

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Appraisers Blog

MAY 14, 2024

In reply to Connie Marines. There is nothing objectionable about it. This is nothing but financial communism destroying the appraisal industry. There’s probably a whole department of one or more government entities focused on DEI’ing the appraisal industry. What we were told to describe, consider and comment on has been been turned inside out.

Appraisal 98

Appraisal 98

Financial Times M&A

MAY 14, 2024

German food delivery company’s shares soar 20% as it announces purchase

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Appraisers Blog

MAY 14, 2024

In reply to Jim G. There’s a subdivision near Granbury, TX, called Indian Harbor. I was told that the only place I could use the name of the subdivision was in the legal description. I could not say that I researched market data in Indian Harbor or anything else about Indian Harbor. What a silly joke appraising has become.

Appraisal 98

Appraisal Marketability 98

Vested

MAY 14, 2024

To mark National Share Scheme Day, we mapped out the distribution of company share schemes across the country and the results paint a stark picture.

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Appraisers Blog

MAY 14, 2024

In reply to Baggins. The Article heading is Escaping the Black Hole: Appraisers Fleeing Mortgage Lending. In keeping with that thought and premise is what I was responding to. The Reality is the entire Real Estate Industry Sales and Appraisal Sectors are being attacked by AI, lawsuits and attorneys. Why??? Because Real Estate Brokers, Agents and Appraisers are just low hanging fruit with Errors and Omissions Insurance for Attorneys.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 14, 2024

A Florida man was sentenced to 13 months in prison after pleading guilty to trading stocks on information provided by a former Goldman Sachs analyst, his attorney said Tuesday.

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Appraisers Blog

MAY 14, 2024

[link] CO repeated alert on fraudulent land sellers. Things scammers do. Anything sound familiar? In person communication not allowed. Remote not local companies are required to be used. Refusing to accept the services of local licensed professionals. Digital only patterns of engagement. Personal visitation of the property not allowed. Anonymous requests not specifically signed.

Appraisal 98

Appraisal 98

Peak Business Valuation

MAY 14, 2024

Thinking of parting ways with a blooming flower business? You may be ready for retirement or open to fresh entrepreneurial endeavors. As a proud owner of a floral shop, you have cultivated a haven of beauty and fragrance. Now, you are passing the baton to new hands. Selling a floral business holds promise for a rewarding transition. In this pivotal moment, unlocking the true value of a floral shop begins with a comprehensive business valuation for selling a floral business.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Marketability 52

Appraisers Blog

MAY 14, 2024

In reply to Steve Maher. Or Just Change your business plan completely. 99 Percent of my work in Non Lender Appraisal Reports. My Original Plan Never included Management Companies that popped up over the last 15 years. Have been in the Appraisal Business before licensing and listing and selling Real Estate since 1980 to the present. Work your plan and Plan your work, or someone else has a plan for you.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 14, 2024

Autonomy's reported revenue was overstated by a combined $300 million in the two-and-a-half years before HP acquired it, an accounting expert testified Tuesday in a California criminal trial over claims that Autonomy founder Michael Lynch duped HP into buying his software company for an inflated $11.7 billion price.

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Appraisers Blog

MAY 14, 2024

The cases I’ve followed, E & O companies refuse to support the appraisers to allow themselves to see it through and force the appraisers to settle. They refuse to pay for a long, drawn out legal battle.

Appraisal 98

Appraisal 98

Law 360 M&A

MAY 14, 2024

A California federal judge on Tuesday ordered Elon Musk to testify once again in the U.S. Securities and Exchange Commission's suit over his $44 billion acquisition of X, formerly known as Twitter, finding that the SEC's subpoena "reasonably seeks" information relevant to the agency's investigation.

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Appraisers Blog

MAY 14, 2024

As far as I understand it, when an ROV is submitted to you by the lender, who may have received it from the borrower, they have to give you a valid and researched reason as to why their comp(s) is worthy of being considered and is better than your comp(s). This according to Dodd-Frank & the revised ROV rule. No? If they give me a valid appraiser like reason and it falls into my criteria for a comp search, I may include it in the report as an additional comp but it may not alter the final opi

Comps 98

Comps Appraisal 98

Auto Dealer Valuation Insights

MAY 14, 2024

In this week’s post, we look at recent economic data and the implications of this data regarding the Fed’s monetary policy actions in the coming months. GDP growth in the U.S. economy slowed to 1.6% in the first quarter of 2024, lagging measures of 4.9% and 3.4% recorded in the final two quarters of 2023.

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Law 360 M&A

MAY 14, 2024

Vodafone Group PLC said Tuesday in a statement that it has received final approval from Spanish authorities for its planned sale of Vodafone Spain — or Vodafone Holdings Europe SLU — to Zegona Communications PLC for €5 billion ($5.3 billion).

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Benzinga

MAY 14, 2024

Deal talks between Paramount Global Inc. (NASDAQ: PARA ) and the team of Sony Group Corp. (NYSE: SONY ) and Apollo Global Management Inc. (NYSE: APO ) are not going well. What Happened : CNBC’s David Faber reported during “Power Lunch” on Tuesday that people close to the situation indicated a “rethinking” of the Paramount bid.

Equity 52

Equity 52

Law 360 M&A

MAY 14, 2024

A Texas federal judge highlighted the limits of the Federal Trade Commission's ability to go after private equity firms accused of anti-competitive "roll-up" strategies, tossing antitrust claims against a private equity firm while preserving monopolization allegations against the anesthesia group the firm created.

Private Equity Firm 52

Private Equity Firm Equity 52

Benzinga

MAY 14, 2024

A fresh wave of M&A is coming for the artificial intelligence (AI) industry. That’s because consolidation is the most likely way to exit in the AI space, with a few exceptions such as Astera Labs ‘ (NASDAQ: ALAB ) recent initial public offering. "A lot of companies took a lot of very risky bets, a lot of them are running out of money," said Hugging Face co-founder and Chief Executive Officer Clem Delangue according to Bloomberg.

Technology 52

Technology Marketability 52