Harvard Corporate Governance

JUNE 14, 2024

Posted by Blair Jones, Austin Vanbastelaer, Justin Beck, Semler Brossy LLC, on Friday, June 14, 2024 Editor's Note: Blair Jones is a Managing Director, Austin Vanbastelaer is a Principal, and Justin Beck is a Senior Consultant at Semler Brossy LLC. This post is based on their Semler Brossy memorandum. On the surface, there is no standalone trend in this year’s Say on Pay voting that would create an interesting headline for compensation committees.

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Mckinsey and Company

JUNE 14, 2024

Circularity refers to practices that optimize resource use and minimize waste across the entire production and consumption cycle, emphasizing sustainability and economic efficiency.

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Harvard Corporate Governance

JUNE 14, 2024

Posted by Andrew J. Noreuil and Andrew J. Stanger, Mayer Brown LLP, on Friday, June 14, 2024 Editor's Note: Andrew J. Noreuil is a Partner and Andrew J. Stanger is a Professional Support Lawyer at Mayer Brown LLP. This post is part of the Delaware law series ; links to other posts in the series are available here. In August 2022, the Delaware General Assembly amended the Delaware General Corporation Law (“DGCL”) to allow corporations to adopt charter provisions exculpating certain officers f

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Mckinsey and Company

JUNE 14, 2024

Consumers of all ages, from different parts of the globe, are prioritizing travel. Here’s what providers should know to tailor experiences in ways that will attract and delight today’s tourists.

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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

JUNE 14, 2024

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, June 14, 2024 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of June 7-13, 2024 Letter in Opposition to the Proposed Amendment to the DGCL Posted by Sarath Sanga (Yale Law School), Gabriel Rauterberg (Michigan Law School), and Eric Talley (Columbia Law School), on Friday, June 7, 2024 Tags: delaware , Delaware General Corporation Law , Delaware legislation , Delaware

Equity 100

Equity Marketability 100

Mckinsey and Company

JUNE 14, 2024

Scott Johnston, CEO of Docker, discusses how to design and build scalable platforms and find the right balance between standardization and flexibility to empower developers.

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Global Finance

JUNE 14, 2024

Financial institutions have been facing tough challenges between economic uncertainty and an unprecedented technology-powered speed of change, especially since the Spring Bank Run of 2023. Banks are now prioritizing four key areas: liquidity management with a balanced portfolio view including commercial real estate (CRE), enterprise protection with anti-fraud and cybersecurity, operational resiliency and sustainability with climate risk and green products.

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Banking Technology Compliance Finance 93

Law 360 M&A

JUNE 14, 2024

Keywords Studios said Friday that Swiss private equity firm EQT has been granted extra time to make a £2 billion ($2.5 billion) offer after the Irish gaming services group indicated that it could back the deal.

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Private Equity Firm Equity 98

Redpath

JUNE 14, 2024

The 2017 tax changes aimed to incentivize American business growth. The C corporation tax rate, which at one point was 35%, dropped to 21%. Section 199A of the act gave many pass-through businesses (sole proprietorships, partnerships, and S corporations) a 20% qualified business income deduction.

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Appraisers Blog

JUNE 14, 2024

Here’s something that happens often: AMC Q: What’s your turn time and fee on this? ME A: That address is not in MLS or the tax records. Do you know what it is? Could you send the correct address to me? Is it a new build? Appraisers are really not allowed ethically to do blind bids. Silence, never heard from again. AMC: What’s your turn time and fee on this?

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Appraisal 68

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

Financial Times M&A

JUNE 14, 2024

Generation facilities are suddenly hot assets as AI is expected to drive strong new demand for electricity supply

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Appraisers Blog

JUNE 14, 2024

In reply to Older and maybe Wiser. Older, you’re going to love Jeremy Bagotts new article, just dropped today. Same topic, Cindy from the AI. / Gov’t-Indulged Middlemen Are Wrong Rx for Battered Borrowers, the Infirm / He details exactly that, various whistle blowers detailing a higher fee rake for amc’s than paid to appraisers. I don’t understand why we need whistle blowers when literally everyone involved in mortgage lending knows this is happening.

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Appraisal 66

Benzinga

JUNE 14, 2024

Seplat Energy stated that it aims to reach a prompt conclusion regarding its acquisition of Exxon Mobil Corporation ‘s (NYSE: XOM ) Nigerian shallow water oil assets for $1.28 billion. The state oil company NNPC had earlier contested Exxon’s sale of the assets to Seplat, citing a purported first right of refusal and regulatory issues further delayed the deal, reported Reuters.

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Equity 64

Appraisers Blog

JUNE 14, 2024

Most the AMC’s I worked with were crooks. They took more of the split then I was getting as the appraiser who was actually doing the work. And they would all-to-often come back with frivolous (unpaid) revision requests to try and justify their existence. An AMC should NEVER send a report back for revisions. That was never their intent when they were created.

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Appraisal 64

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

The Guardian M&A

JUNE 14, 2024

Company has been under pressure, issuing several profit warnings amid slump in property market Business live – latest updates Crest Nicholson, the embattled housebuilder, has rebuffed a second all-share takeover approach from its larger rival Bellway valuing the group at about £650m. The FTSE 250 housebuilder this week reported losses in the first half and slashed its dividend in its latest profit warning as it continued to be hit by volatile mortgage rates and slowing demand in the housing mark

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Dividends Marketability 77

Appraisers Blog

JUNE 14, 2024

While I applaud Cindy Chance for efforts here, this is not new. For years and years, we as appraisers have voiced our opinions about these AMC’s and their price gouging and b t While I applaud her for her efforts on raising this issue or bringing it to the public, she has to fix the blind eye that her predecessors Put forth, especially to the members of AI who also own AMC’s As I stated, we as appraisers have been voicing this for years and of putting out evidence day after day, with coalition l

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Appraisal Marketability 64

Financial Times M&A

JUNE 14, 2024

French private equity firm and Saudi Arabian wealth fund take holdings of 38% in big shake-up of London’s busiest airport

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Private Equity Firm Equity 80

Appraisers Blog

JUNE 14, 2024

In reply to Pat. Pat this is the financial market. Nobody ever goes to jail. Except if you’re the guy whom exposes institutional level fraud or somehow disrupts the gravy train. Too big to fail, no one goes to jail.

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Marketability 63

Benzinga

JUNE 14, 2024

Source: Streetwise Reports 06/11/2024 Blackwolf Copper & Gold Ltd. (OTC: BWCGF ) announced that it has filed and mailed materials for a special shareholders' meeting on June 26 to approve its proposed merger with Treasury Metals Inc. (OTC: TSRMF ). The two companies announced the transaction last month, saying they plan to form a strategic partnership to focus on Treasury's Goliath Gold Complex (GGC) in Ontario, which is nearing production readiness.

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Treasury Net Present Value Marketability 59

Appraisers Blog

JUNE 14, 2024

In reply to Pray Hard. I have a funny one for yall 10-15 years ago I got a phone call from a man representing an AMC for a large regional bank asking about an appraisal I had done. His accent was a dead giveaway so I asked where he was. He said “my company is located in Philadelphia PA” I said no “I want to know where your ass is sitting” He said BANGALORE INDIA.

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Appraisal Banking 63

Benzinga

JUNE 14, 2024

Vodafone Group Public Limited Company (NASDAQ: VOD ) reportedly plans to sell its entire $2.3 billion stake in India’s Indus Towers through stock market block deals next week. The move is part of the British firm’s strategy to repay debt, Reuters reports. Vodafone currently owns 21.5% of mobile tower operator Indus Towers through various group entities.

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Marketability Equity 59

Appraisers Blog

JUNE 14, 2024

I appreciate Cindy’s interest and views, but as far as the Institute is concerned it is a day late and a dollar short. They have a long way to go before recapturing the trust of “residential” appraisers and frankly the 100+ page narrative reports are becoming dinosaurs.

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Appraisal 62

Benchmark Report

JUNE 14, 2024

Benchmark International has successfully facilitated a transaction between Easley, South Carolina-based GEOGRAPH Technologies, LLC (“GEOGRAPH”) and London, UK-based Abingdon Software Group (“Abingdon”).GEOGRAPH provides geographic information system (GIS) services utilizing a software extension for clients to manage fiber optic, copper, and coax networks.

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Technology 59

Appraisers Blog

JUNE 14, 2024

In reply to Bill Johnson. God, now Regorra has formed their own appraisal management company? They are the least reliable most deceptive appraisal assignment company out there. The owner claims to be all nice then manipulates the process and ignores all helpful feedback. ‘Because you should be able to track your appraisal in real time just like a pizza delivery.’ That was literally their opening slogan.

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Appraisal 62

Benzinga

JUNE 14, 2024

TotalEnergies SE (NYSE: TTE ) is selling its wholly-owned subsidiary, TotalEnergies EP (Brunei) B.V., to Malaysian oil and gas company Hibiscus Petroleum Berhad for $259 million. The deal aligns with TotalEnergies’ strategy to optimize its portfolio and focus on growth areas while enabling Hibiscus Petroleum to expand its assets and operations in Brunei.

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Equity 59

Appraisers Blog

JUNE 14, 2024

In reply to Mark skap. Mark Skap – glad to see you still fighting for the independent fee appraiser. Josh Tucker for at least a year if not more has gone above and beyond by collecting and having appraisers submit actual examples of all predatory and unethical business practices the AMC’s have committed and getting these examples in front of and to the CFPB.

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Appraisal 62

Benzinga

JUNE 14, 2024

CRH plc (NYSE: CRH ) shares are trading lower on Friday. The company disclosed that Adbri’s independent shareholders had approved the Scheme of Arrangement for CRH and the Barro Group to acquire Adbri Ltd. The approval was granted at the Scheme Meeting on June 12, 2024, and received Court approval on June 14, 2024. Under the approved Scheme, CRH will purchase the remaining 57% of Adbri’s ordinary shares not held by Barro for A$3.20 per share in cash.

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Equity 59

Appraisers Blog

JUNE 14, 2024

In reply to Joshua. Of course the companies using those platforms manipulate profiles to redirect orders, aka; preferential appraisal assignment. Get a revision request for absolutely nothing like all the time. If an appraiser is qualified and accepted to be on an amc or a lenders approved appraisal panel, they should expect an fair share of assignments, aka; round robin distribution.

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Appraisal 62

Financial Times M&A

JUNE 14, 2024

Deal push follows another profit warning from Crest Nicholson

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Appraisers Blog

JUNE 14, 2024

In reply to Baggins. An image follow ups for investment side automation of the review process. Repost from Bagott’s censorship of appraisers article. _ Check this out, random find. [link] Firstsource collaborates with 5 of the top 15 ML’s in the US. Read all of page 30, keyword; mortgage. Are these the companies and tools driving changes and complaints, repurchase requests?

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Appraisal 62

Machen McChesney

JUNE 14, 2024

Whether hiring contractors, buying equipment, or paying vendors, many businesses struggle with the procurement process. Here are some tips for streamlining your company’s purchase order (PO) approval process.

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Appraisers Blog

JUNE 14, 2024

I don’t work with AMC’s but I was contacted out of the blue the other day to do a drive by for $265 where as the fee 20 years ago was $250. Before I could even a produce laughable response I was somehow contacted by the owner who said they got an email with my contact info from the client. In short, they were being charged $500 for the drive by and were furious when the appraisal fee wasn’t the appraisal fee.

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Appraisal 61

Law 360 M&A

JUNE 14, 2024

The board of an Ohio-based media company have said state law empowered them to oust former CEO Allan Block from his family's namesake company and urged an Ohio state court to dismiss the suit he brought over the potential sale of the company that publishes newspapers in Toledo and Pittsburgh.

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Appraisers Blog

JUNE 14, 2024

In reply to Luana Goltz on Facebook. Luana Goltz that’s good but I’m afraid in most cases that’s not happening. Look on indeed you can find review jobs all over and typically paid $18-25 an hour. I’m not sure how many licensed or certified appraisers will work 40 hours a week for that. Just my opinion.

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Appraisal 61