Wed.Sep 11, 2024

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Recent Trends in Parallel Derivative Action Settlement Outcomes

Harvard Corporate Governance

Posted by Tijana Brien, Anne Bigler, and Sarah Topol, Cooley LLP, on Wednesday, September 11, 2024 Editor's Note: Tijana Brien is a Partner and Anne Bigler and Sarah Topol are Associates at Cooley LLP. This post is based on their Cooley memorandum. A new report by Cornerstone Research , a top consulting and expert testimony firm, highlights recent trends in settlements of derivative lawsuits brought in parallel to securities class actions.

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California Cannabis Brands Papa & Barkley And Mammoth Distribution Announce Merger, Promising National Expansion

Benzinga

Papa & Barkley , a well-known cannabis wellness brand in California, has merged into Mammoth Distribution , one of the state's leading distributors. The companies announced the merger Wednesday in a joint press release. This marks a significant consolidation within California's cannabis industry , promising a focus on quality, sustainability and expanded national reach.

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Proxy Season Global Briefing: Board of Directors

Harvard Corporate Governance

Posted by Brianna Castro, Chris Rushton, and Naoko Ueno, Glass, Lewis & Co, on Wednesday, September 11, 2024 Editor's Note: Brianna Castro and Naoko Ueno are Vice Presidents of Research and Chris Rushton is a Senior Director at Glass, Lewis & Co. This post is based on a Glass Lewis memorandum by Ms. Castro, Mr. Rushton, Ms. Ueno, and Dimitri Zagoroff.

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Comment on VaCAP Supports Shane Lanham’s Legal Fight by PJTC

Appraisers Blog

In reply to Steve. I too am praying for a quick resolve and a president for an end to these false claims of racism because someone simply doesn’t get their way. The lawyers are a disgusting profession that only see dollar signs and could care less about justice. This is such an important case that victory will send a strong message to those seeking a simple money grab at the expense of someone’s reputation.

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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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It's Time for Your Small Business to Think About Year-End Tax Planning

Machen McChesney

With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year and next. The strategy of deferring income and accelerating deductions to minimize taxes can be effective for most businesses , as is the approach of bunching deductible expenses into this year or next to maximize their tax value.

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Comment on VaCAP Supports Shane Lanham’s Legal Fight by Steve

Appraisers Blog

In reply to Baggins. I’m very grateful that you gave not once but again ! It’s a shame that with 80,000 members the appraisers don’t have more say in the process besides having to group fund.at this point I’m also grateful that the E&O didn’t want to settle at their first claim.The law firm believes in this case and is fighting hard for a just ending as well as the insurance company up to their limit.hopefully the judge will deliver a summary judgement and end this lawsuit before resources b

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Comment on VaCAP Supports Shane Lanham’s Legal Fight by Baggins

Appraisers Blog

In reply to Chase Pursley. Another non profit. Formed 07/23. IRS non profit lookup tool. EIN# 88-3073054 [link] [link] [link] [link] [link] Dismantling white supremacy. Restoring equity. Has developed an eappraise tool and has a 5min video on the services tab site. They’re using some form of depreciated age life tool of home components to determine home value based on PDC type data collecting, w/ no mention of land value differentials or comparative market amenity.

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Politics Impacting US Steel-Nippon Review, Biz Groups Warn

Law 360 M&A

Political pressure may be "unduly influencing" the national security review of Nippon Steel's $14.9 billion deal for U.S. Steel and could hamper future foreign investment into the U.S., business groups told Treasury Secretary Janet Yellen on Wednesday.

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Comment on VaCAP Supports Shane Lanham’s Legal Fight by Steve

Appraisers Blog

In reply to Baggins. I’m sure if the funds were available the appraiser would have sued ABC and NYT.they’re the ones that gave Connolly the platform to broadcast his unverified claim.NYT rebroadcast the story March 24 so that may open a door due to statute of limitations that ran out after one year … Relman Colfax which is Connolly’s law firm should be held accountable in my opinion.they didn’t even open a complaint with the state appraisal board or hud.if they would have done just a basic

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Spain vetoed Hungarian bid for train group ‘over Ukraine concerns’

Financial Times M&A

Madrid did not want Budapest to acquire Talgo gauge technology that Kyiv needs for its rail system, says official

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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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Comment on The Illogical Reality of Mortgage Appraisal Reviews  by Baggins

Appraisers Blog

[link] Working RE magazine. Inspectors mount legal efforts to protect buyers right to choose an inspection. See any familiarity or irony here as compared to appraisals, waivers, hybrids, pdc,’s etc.

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The beauty boom and beyond: Can the industry maintain its growth?

Mckinsey and Company

The global beauty industry continued to grow in 2023, but the dynamics driving sector growth are shifting. A new analysis shows some emerging bright spots and how players can compete.

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Comment on VaCAP Supports Shane Lanham’s Legal Fight by Eric Kretz

Appraisers Blog

In reply to PJTC. Donated. If appraisers will allow AMC’s to collect a $25 tech fee, we can surely support another appraiser. Give what you can.

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7-Eleven owner taps Nomura to advise on takeover battle after rejecting $39bn offer

Financial Times M&A

Circle K parent Alimentation Couche-Tard says it is focused on securing deal with Seven & i

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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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Comment on VaCAP Supports Shane Lanham’s Legal Fight by Chase Pursley

Appraisers Blog

The outcome of this case will shape the future of the appraisal industry, making Shane Lanham's legal battle one that concerns us all

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AC Milan owner says private equity investment has ‘massively inflated’ sports valuations

Financial Times M&A

RedBird Capital Gerry Cardinale criticised his rivals saying sector has been ‘bad for ecosystem’

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Comment on VaCAP Supports Shane Lanham’s Legal Fight by Frustrated Appraiser

Appraisers Blog

The outcome of this case will shape the future of the appraisal industry, making Shane Lanham's legal battle one that concerns us all

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UniCredit’s push for European bank consolidation looks on target

Financial Times M&A

Regulators and politicians should, this time, allow the race to run its course

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Innovation hubs: How GCCs are shaping the future of business

Mckinsey and Company

Global capability centers (GCCs) are rapidly evolving beyond their traditional roles as execution centers, becoming increasingly important as enterprise innovation hubs.

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Goldman to earn $92mn from advising on $36bn Kellanova sale

Financial Times M&A

Jumbo fee comes as Wall Street hopes that long-awaited deal boom is back

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How Could a New White House Administration Impact the Sale of My Business?

A Neumann & Associates

“Let’s Wait and See” is never a good strategy in business. Maintaining market awareness, preparing needed changes, and implementing them proactively creates momentum and distinguishes market leaders from the pack. Those who are resistant to change and growing their business place their future at risk. The same is true for owners ready to sell their business.

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Andrea Orcel plots UniCredit’s boldest move yet on Commerzbank

Financial Times M&A

Former UBS dealmaker has contemplated a tie-up with the state-backed German lender for years but Berlin may balk

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Renewable Energy Investment Banking: How to Make Greens by Going Green

Brian DeChesare

If there is one sector that has attracted even more hype than technology and TMT , it might just be renewable energy investment banking. The good news is that if you can get in, the group has many positives: Diverse deal activity, a generalist technical skill set, and many exit opportunities. The bad news is that despite these positives, it’s still highly dependent on the government and overall macro conditions – despite claims to the contrary.

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German union vows to fight UniCredit move on Commerzbank ‘tooth and nail’

Financial Times M&A

Berlin ‘naive’ to put key lender to Mittelstand companies on the line, says Verdi

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Litigation Spending To Rise As Cases Grow More Aggressive

Law 360 M&A

A substantial number of large companies are expecting to increase their litigation spending by double digits next year in the face of more complex and hard-fought cases — and they are more open to bringing in new legal talent to navigate the matters, according to a report released Thursday.

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US publisher joins pursuit of UK’s Telegraph newspaper

Financial Times M&A

Owner of right-leaning digital New York Sun has emerged as part of one of three groups bidding for London title

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Studio Behind 'Sound Of Freedom' Worth $1.6B In SPAC Deal

Law 360 M&A

Angel Studios, which released the controversial 2023 film 'Sound Of Freedom' about human trafficking, will go public through a merger with a special purpose acquisition company in a deal announced Wednesday that stands to value the combined company at $1.6 billion.

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Japan has learnt a hard lesson about US friendship

Financial Times M&A

The Nippon Steel experience has broader ramifications for dealmaking

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Ipsen Exec Made Illegal Trades Before Merger, Feds Say

Law 360 M&A

An Ipsen Biopharmaceuticals executive has been charged with allegedly amassing roughly $260,000 in ill-gotten gains through insider trading on the stock of a smaller rival that Ipsen purchased in 2022, federal prosecutors announced Tuesday.

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Business Valuation for Buying a Shoe and Footwear Manufacturing Business

Peak Business Valuation

With consumers in search of new, stylish shoes, the footwear industry is constantly evolving. An effective way to capitalize on this trend is to buy a shoe and footwear manufacturer. But before you take your first step, it is important to receive a business valuation for buying a shoe and footwear manufacturing business. A business valuation will equip you with the information you need to succeed in the shoe and footwear manufacturing industry.

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Dickson Minto Breaks Tradition With Walker Morris Hire

Law 360 M&A

Dickson Minto is breaking with its long tradition of virtually exclusively promoting partners from within its ranks by tapping into the lateral hiring market to rebuild its London offering, the Scottish firm's boss told Law360 Wednesday as the firm brings on a real estate veteran from Walker Morris LLP.

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Business Sale: Prepare to Show Your Financials

IBG Business

This article describes the financial information that buyers are likely to request and how you can be ready to provide it. In most business sales, the purchase price is largely based on some multiple of the subject company’s net revenues and adjusted earning capacity. It should come as no surprise, then, that a major focus of most buyers is on the company’s income statement and related financial information.

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Investor 'Blindsided' By Dye & Durham's Increasing Debt Load

Law 360 M&A

Activist hedge fund Engine Capital LP said in a letter Wednesday that it was "incredibly disappointed" and "blindsided" by news in legal tech provider Dye & Durham Ltd.'s fourth quarter results that it made two acquisitions for a total of nearly CA$70 million, instead of focusing on reducing debt.

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Thomson Reuters and SAP: Empowering businesses with advanced ESG reporting tools for EU standards

ThomsonReuters

← Blog home In response to the growing demand for transparency and accountability in environmental, social, and governance (ESG) practices, the European Commission has established a new regulatory framework through the Corporate Sustainability Reporting Directive (CSRD). This directive mandates that companies annually report their ESG data, for financial years starting on or after January 1, 2024.