Harvard Corporate Governance

AUGUST 30, 2024

Posted by James Crowe, Council of Institutional Investors, on Friday, August 30, 2024 Editor's Note: James Crowe is the Research Manager at the Council of Institutional Investors. This post is based on a research article by the Council of Institutional Investors Research and Education Fund. Executive Summary Traditional dual-class or multi-class stock structures have received significant attention from market participants because of the disconnect they create between voting rights and economic o

Equity 223

Equity Marketability 223

Benzinga

AUGUST 30, 2024

Intel Corp (NASDAQ: INTC ) is weighing strategic options, including splitting its product design and manufacturing businesses. The plan includes scrapping factory projects and potential mergers and acquisitions, Bloomberg cites familiar sources. Morgan Stanley and Goldman Sachs are advising Intel regarding the strategic options that the chipmaker proposes to place to its board during a meeting in September.

106

106

Harvard Corporate Governance

AUGUST 30, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, August 30, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of August 23-29, 2024 Federal Court Issues Nationwide Injunction Blocking FTC Non-Compete Ban Posted by Michael J. Schobel, Erica E. Aho, and Jonathan C. Nickas, Wachtell, Lipton, Rosen & Katz, on Friday, August 23, 2024 Tags: FTC , Ryan LLC v.

Banking 100

Banking Marketability 100

Appraisers Blog

AUGUST 30, 2024

In reply to Mike Irvine. As we get more data we will see what we can do here. I do have fees in our records from 2015, 2016 which are higher than they are now for appraisers but not many examples. The more we get the better.

Appraisal 98

Appraisal Compliance 98

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

Law 360 M&A

AUGUST 30, 2024

A Delaware bankruptcy judge Friday approved the $90.5 million sale of ventilator maker Vyaire Medical's businesses, overriding creditor arguments that a deal with lenders apportioning the sale proceeds would leave Vyaire too little cash to get to the end of its Chapter 11 case.

98

98

Appraisers Blog

AUGUST 30, 2024

In reply to Disillusioned business owner. Unfortunately the government write the laws. They are the only once who can fix their mistakes. But, we also are not operating the way we have in the past….oh no. We are going public with evidence so it can’t just be swept under the rug and hidden. We have a lot of fun plans for what we will be investigating, compiling, and presenting to the public, regulators, and officials.

Compliance 98

Compliance Appraisal 98

Appraisers Blog

AUGUST 30, 2024

I sent the report to my Congressman… maybe a politician trying for reelection would welcome the publicity and gain some fame? Maybe we should all send in the report to our Representatives in Congress?

Compliance 98

Compliance Appraisal 98

Financial Times M&A

AUGUST 30, 2024

Arch-rival Christie’s also suffering from slowdown in auctions

Marketability 108

Marketability 108

Appraisers Blog

AUGUST 30, 2024

its OBVIOUS what’s fueling all of this BULL SH*T are AMC kickbacks to lenders. THATS THE DIRTY LITTLE SECRET Why would any LENDER put up with this otherwise long term? We need to hire the same Attorney that busted up NAR. We are entitled to MILLIONS in lost compensation.

Appraisal 98

Appraisal Compliance 98

Benzinga

AUGUST 30, 2024

Dell Technologies Inc (NYSE: DELL ) is weighing a possible sale of cybersecurity company SecureWorks Corp (NASDAQ: SCWX ), Reuters cites familiar sources. In 2019, Dell explored selling the cybersecurity company to reduce its debt. It acquired SecureWorks for $612 million in 2011. SecureWorks stock is trading lower, close to 4%, on Friday after gains of over 20% on Thursday.

Technology 59

Technology 59

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

AUGUST 30, 2024

In reply to Disillusioned business owner. AN APPRAISAL FAIRYTALE – The purpose of the AMC was an effort to separate the “bad” appraiser from the lily white mortgage brokers. It was just another situation and as always it was the bad appraisers fault. They believed this was the solution never counting on the AMC’s to become the bad middlemen.

Appraisal 98

Appraisal Compliance Start-ups 98

Financial Times M&A

AUGUST 30, 2024

Private investment firm is the latest to seek greater exposure to the talent market

Marketability 85

Marketability 85

Appraisers Blog

AUGUST 30, 2024

Am I understanding that the ARCC is looking to govt individuals to rectify a problem that govt created? If govt cared they wouldn’t have created AMCs in the first place. I guarantee that every AMC can be tied back to someone in govt who voted for this to occur. “I’m from the govt, and I’m here to help.” Same thing, different decade.

Compliance 98

Compliance Appraisal 98

Law 360 M&A

AUGUST 30, 2024

Class attorneys who helped secure a 14.4%, or $80.8 million, improvement in proceeds from Sculptor Capital Management's sale to Rithm Capital Corp. — plus a $6.5 million common fund — saw their $5.75 million fee proposal cut to $3.6 million in Delaware's Court of Chancery Friday.

52

52

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

AUGUST 30, 2024

Great job Josh. I think it would be a nice piece of data if somehow you could report what the median fee paid by the consumer was prior to AMC’s in comparison to what the median fee is now. In addition to the ridiculous profits, AMC’s are now charging consumers considerably more pre Dodd Frank and HVCC. Basically AMC’s are not saving consumers money, in fact, consumers are paying more.

Compliance 98

Compliance Appraisal 98

Law 360 M&A

AUGUST 30, 2024

A California federal judge has dismissed a proposed investor class action filed over semiconductor company MaxLinear Inc.'s decision to cancel a planned $8 billion merger with Silicon Motion Technology Corp., finding their claims against the former can't stand because they held shares in the latter.

Technology 52

Technology 52

Appraisers Blog

AUGUST 30, 2024

In reply to Eric Kretz. The kick in the pants will be if amc appraisers are rewarded for all these years of complicit knowing participation in consumer fraud and get fee raises for their sub par amc work. I’m with PDM on this one; a total dismantling of the amc industry. Force rotational assignment nationally for all appraiser panels. Re adopt the missing component of HVCC that if an appraiser is to be removed from panel (or active rotation on the panel), the appraiser must be notified of

Appraisal 98

Appraisal Compliance 98

Auto Dealer Valuation Insights

AUGUST 30, 2024

When is something worth more than it’s supposed to be worth? If it’s a vintage sports car, it might be that a restoration shop has modified the original car to make it more visually appealing, faster, and more useful than new. If it’s a decedent’s interest in an RIA, it’s because life insurance benefits paid upon the death of the shareholder are now included in the value of the business.

52

52

Appraisers Blog

AUGUST 30, 2024

AMC’s screw Appraisers and we are blamed for higher fees. This profession has been a tail wagging the dog for decades. It has and is destroying public trust in our profession. Hello retirement coming very soon. Can’t come soon enough. So sad to end it this way.

Appraisal 98

Appraisal Compliance 98

Law 360 M&A

AUGUST 30, 2024

The Federal Trade Commission went to court against Kroger's $25 billion purchase of Albertsons and geared up for its looming handbags merger case, the Justice Department added to its case against Live Nation, and the sports-streaming juggernaut partnering ESPN, Fox and Warner Bros. Discovery hit a significant roadblock.

52

52

Appraisers Blog

AUGUST 30, 2024

Good stuff Baggins. I dare say the reason core logic tapped every software and appraisal company they did is so they could accumulate enough date to massage it in whatever direction they wanted. It’s all just a money game for them. Problem is no one in high places wants to admit they don’t have a clue what their reasoning is, so they go along hoping they don’t appear stupid.

Appraisal 98

Appraisal 98

Law 360 M&A

AUGUST 30, 2024

Indian ports and logistics company Adani Ports and Special Economic Zone Ltd. on Friday revealed that it has agreed to take a controlling stake in offshore support vessel operator Astro in a $185 million cash deal.

52

52

Appraisers Blog

AUGUST 30, 2024

After billions of consumer dollars in over-charging and loss of income to appraisers, this could have easily been discovered had the appraiser been allowed to include an invoice with the appraisal or disclosed the cost in the context of the report. The AMC industry all said no, you can’t do that Mr. appraiser (otherwise the dirty little secret would get out).

Appraisal 98

Appraisal Compliance Banking 98

Law 360 M&A

AUGUST 30, 2024

In this week’s Off The Bench, the NFL shakes up its ownership rules and joins the rest of the pro sports world, while a former NBA player says his agency is trying to cling to him after he moved on. In case you were sidelined this week, Law360 is here to catch you up on the sports and betting stories that had our readers talking.

52

52

Appraisers Blog

AUGUST 30, 2024

Yup, one of the ones in oregon I submitted. I clearly relember the shock of that order, especially when I do direct work for the cleint there were apparently “helping” These are the worst offenders of this, clearly. All collusion to get the maximum profit to keep their AMC afload in the downturn of real estate activity.

Appraisal 98

Appraisal Compliance 98

Law 360 M&A

AUGUST 30, 2024

Blank check company Mountain Crest Acquisition Corp. V, advised by Loeb & Loeb LLP, announced that it has agreed to merge with and take public Korean cancer diagnosis technology company CubeBio Co. Ltd., led by Nelson Mullins Riley & Scarborough LLP, in a deal valued at $375 million.

Technology 52

Technology 52

Appraisers Blog

AUGUST 30, 2024

In reply to TB. I agree with everything you say. However as the general public is brainwashed into believing this, the mortgage industry players believe it is worth the settlements to make it go away as they will rip a return on the settlement many times that once the only check and balance (appraisers) are a thing of the past opening the flood gates.

Appraisal 98

Appraisal 98

Law 360 M&A

AUGUST 30, 2024

The National Football League took its time approving private equity investment in team ownership, and approached it more conservatively than its pro sports league counterparts, but experts say that ultimately the purchasing power of private equity players couldn't be ignored, and the policy change will lead to significant financial benefits.

Equity 52

Equity 52

Appraisers Blog

AUGUST 30, 2024

In reply to TB. In agreement with your statement TB. Check this out from their 2021 tax return statements. Image attached. What we can learn from this is how much success the group had in correcting many verifiable issues. But then after those issues were corrected, they needed to find more things to do in order to sustain the increasing grant money flowing in.

Appraisal 98

Appraisal Equity Marketability 98

Law 360 M&A

AUGUST 30, 2024

My journey from the stage to the courtroom has shown that the skills I honed as an opera singer – punctuality, memorization, creativity and more – have all played a vital role in my success as an attorney, says Gerard D'Emilio at GableGotwals.

52

52

Appraisers Blog

AUGUST 30, 2024

If we can’t accept that AMC’s are the enemy, we deserve everything we get. The bidding and accepting these fee’s is a race to our AI and AVM replacements. Any appraiser that accepts a full 1004 assignments for $125 is pants on head absurd. You’re actively killing the appraisal profession, and running other good appraisers out, full stop.

Appraisal 98

Appraisal Compliance 98

Peak Business Valuation

AUGUST 30, 2024

Whether you are looking to buy , grow , or sell a business , you will need a clear understanding of its value. But how do you calculate the value of a business? From determining a suitable valuation approach to applying valuation multiples, this can be a tricky, easy-to-mess-up process. If you want a clear and accurate measurement of your business’s value, it is best to work with a professional business valuation firm.

Business Valuation 52

Business Valuation Fair Market Value Appraisal Start-ups 52

Appraisers Blog

AUGUST 30, 2024

It’s frustrating but not surprising to see the ARCC’s report highlighting how some AMCs are taking up to 84% of the appraisal fee. This isn’t just unfair to us as appraisers but also to consumers who are being overcharged without seeing any real benefit. AMCs were supposed to protect our independence, but instead, they’ve turned into profit machines that ignore quality and fairness.

Appraisal 98

Appraisal Compliance 98

Benzinga

AUGUST 30, 2024

HOUSTON, Aug. 30, 2024 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC ) ("Archrock" or the "Company") today announced that it has completed its previously announced acquisition of Total Operations and Production Services, LLC ("TOPS"). "With this accretive transaction, we are adding a young fleet that deepens Archrock's compression operations in the Permian Basin and establishes our leadership position in electric motor drive compression," said Brad Childers, President and Chief Executive O

Marketability 49

Marketability 49