Harvard Corporate Governance

JANUARY 17, 2024

Posted by Josh Lerner (Harvard Business School), Jinlin Li (Harvard Kennedy School), and Tong Liu (MIT Sloan School of Management), on Wednesday, January 17, 2024 Editor's Note: Josh Lerner is the Jacob H. Schiff Professor of Investment Banking at Harvard Business School; Jinlin Li is a Postdoctoral Research Fellow at Harvard Kennedy School and Harvard Business School; and Tong Liu is the Judy C.

Finance 233

Finance Banking 233

BVR

JANUARY 17, 2024

Robert “Bob” Kleeman, CPA/ABV, ASA, a longtime member of the business valuation community, passed away on Saturday evening, Jan. 13, 2024.

Business Valuation 130

Business Valuation 130

Harvard Corporate Governance

JANUARY 17, 2024

Posted by Mark Lebovitch, Bernstein Litowitz Berger & Grossmann LLP, on Wednesday, January 17, 2024 Editor's Note: Mark Lebovitch is the Founder of and former Head of Governance Practice at Bernstein Litowitz Berger & Grossmann LLP. This post was prepared for the Forum by Mr. Lebovitch and is part of the Delaware law series ; links to other posts in the series are available here.

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Mckinsey and Company

JANUARY 17, 2024

More than half of employees say they’re disengaged at work—with implications for both morale and value creation. Do any of these behaviors seem familiar?

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130

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

Benzinga

JANUARY 17, 2024

GoPro, Inc. (NASDAQ: GPRO ) revealed its plans to acquire Forcite Helmet Systems, a pioneer in embedding technology into helmets. The financial terms were not disclosed. The company said it intends to boost Forcite’s vision to provide a safer, more dynamic motorcycling experience through tech-enabled motorcycle helmets with the long-term goal of tech-enabling other categories of helmets over.

Technology 98

Technology Equity 98

Mckinsey and Company

JANUARY 17, 2024

Prakashim Moodliar explains how Anglo American Platinum considers its community impact as it works to achieve its carbon-neutral goals.

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Appraisers Blog

JANUARY 17, 2024

In reply to Rick Hemry on Facebook. They have a US mailing address. They do not have a US presence. Quick clarification there. It’s just entry level telecom busy body computer work for an entry level wage. All day long, feeding in new xml appraisal files, running the software, copying the alerts, mailing the revisions, waiting for the appraisers response, clearing the file, recording the file clearance, on to the next file.

Appraisal 98

Appraisal 98

Benzinga

JANUARY 17, 2024

Another day of losses shook up Wednesday’s stock trading session on Wall Street. All major U.S. stock indices in the red, as investors expressed concerns that the Federal Reserve is not in a rush to reduce interest rates early this year. Market-implied probabilities of a rate cut by the Fed in March have declined to as low as 50%, down from over 70% at the beginning of the week, following recent hawkish statements from the Fed officials and stronger-than-expected economic data.

Marketability 98

Marketability Treasury Technology Equity 98

Law 360 M&A

JANUARY 17, 2024

Bally Sports Network parent Diamond Sports Group LLC said Wednesday it has reached a "comprehensive" deal for a debt-for-equity Chapter 11 restructuring plan, a $495 million settlement with its own parent company, and a future streaming partnership with Amazon.

Equity 95

Equity 95

Mckinsey and Company

JANUARY 17, 2024

Traditional delivery models may soon be history, as firms of all stripes broaden both their offerings and their target client and adviser segments. The competition will be intense.

Marketability 83

Marketability 83

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

Machen McChesney

JANUARY 17, 2024

As audit season begins for calendar-year entities, it’s important to review issues that may arise during fieldwork. One common issue is materiality. This concept is used to determine what’s important enough to be included in — and what can be omitted from — a financial statement. Here’s how materiality is determined and used during an external financial statement audit.

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Appraisers Blog

JANUARY 17, 2024

… so I clearly understand… an appraiser gets a single family residential FHA purchase appraisal assignment in a blighted area that is crime ridden, on a property that was originally financed by an FHA lender, and has (or is on the verge of) a foreclosure notice. The buyer was placed in the home 3 years ago when the market and neighborhood conditions were reasonably similar.

Appraisal 86

Appraisal Comps Finance Marketability 86

Musings on Markets

JANUARY 17, 2024

Heading into 2023, US equities looked like they were heading into a sea of troubles, with inflation out of control and a recession on the horizon. While stocks had their ups and downs during the year, they ended the year strong, and recouped, at least in the aggregate, most of the losses from 2022. That positive result notwithstanding, the recovery was uneven, with a big chunk of the increase in market capitalization coming from seven companies (Facebook, Amazon, Apple, Microsoft, Alphabet, NVid

Risk Premium 77

Risk Premium Start-ups Equity Treasury 77

Appraisers Blog

JANUARY 17, 2024

The largest appraisal management company hired Mr. Uchendu, a convicted felon, as a Property Data Collector despite his criminal background.

Appraisal 98

Appraisal 98

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

Machen McChesney

JANUARY 17, 2024

The optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up by 1.5 cents per mile in 2024. The IRS recently announced that the cents-per-mile rate for the business use of a car, van, pickup, or panel truck will be 67 cents (up from 65.5 cents for 2023).

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77

Appraisers Blog

JANUARY 17, 2024

In reply to WA State Appraiser. Some people hate religious principals. ‘Non residential, non municipal, non retail, not for profit, non commercial, non agricultural, non governmental, real property with specific (X) zoning for (enter in the local counties official designation for the religious institution property type.) Appraisers should fall back on county recognition for already established permissible language, as clearly established in various municipal zoning codes which you can tran

Appraisal 85

Appraisal 85

ISA

JANUARY 17, 2024

1/17/2024 12:00:00 AM Art authentication can be tricky business. The International Society of Appraisers Core Course in Appraisal Studies teaches, “Authentication is a matter of informed and reasoned opinion, explaining, “Authentication is rarely definitive or absolute… It is subject to revision as additional information becomes available… It is subject to disagreement among experts.

Appraisal 98

Appraisal 98

Appraisers Blog

JANUARY 17, 2024

Another great and spot on article by Jeremy. Every appraiser out there should be on their toes for this type of entrapment, it could happen to you. If anyone out there knows of an appraisal firm taking on these types of cases let me know. I would like to ask them a few questions. Remember you pick your clients they don’t pick you. Be smart out there.

Appraisal 83

Appraisal 83

Merrimack Business Appraisers

JANUARY 17, 2024

Business valuation terminology can be confusing and full of acronyms that, when combined, feel like alphabet soup. For someone needing a business valuation – whether for a dispute (shareholder or divorce settlement) or for estate settlement or tax purposes, understanding what you need and what you are getting are both essential. Buyer Beware: Calculation Assignment […] The post Terminology can be confusing and costly.

Business Valuation 64

Business Valuation Appraisal 64

Appraisers Blog

JANUARY 17, 2024

In reply to Kenneth. The issue is not that simple. The keyword you’re looking for in research is ‘party consent’ In my state, there is a one party consent rule. Meaning, if I, the one of two parties being recorded, consent to recording, it’s legal and admissible as evidence, even if the other party is unaware. In other states there is a two party consent rule.

Appraisal 82

Appraisal 82

Law 360 M&A

JANUARY 17, 2024

U.S. private equity giant KKR said Thursday that it has switched its £1.3 billion ($1.6 billion) bid for a British energy infrastructure company from a scheme of arrangement to a takeover offer, after a shareholder signaled it would vote against the proposal.

Equity 52

Equity 52

Appraisers Blog

JANUARY 17, 2024

In reply to Baggins. Thanks everyone I appreciate all of your feedback and so quickly to I spoke to someone from Mckissic yesterday afternoon and doing some research found that the reason the Parea Got ditched was that it was around $17,000 to go through the program. I was referred to the CE shop if I had continued interest in taking that virtual program.

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Law 360 M&A

JANUARY 17, 2024

FTX and the Internal Revenue Service clashed Wednesday before a Delaware bankruptcy judge, each arguing the other should bear the burden of proof in an upcoming battle over the government's claim that the failed cryptocurrency giant owes billions of dollars in taxes.

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52

Appraisers Blog

JANUARY 17, 2024

In reply to john strots. You know what else erodes the integrity of this country? Very poor grammar and sentence structure. Stop wasting everyone’s time and bumping old threads.

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Law 360 M&A

JANUARY 17, 2024

An undisclosed $470 million stake that Morgan Stanley held in private equity firm Brookfield Asset Management Inc. became a key focus Wednesday for justices on Delaware's Supreme Court as former TerraForm Power Inc. stockholders sought to revive a dismissed suit over Brookfield's acquisition of TerraForm in 2020.

Private Equity Firm 52

Private Equity Firm Equity 52

Appraisers Blog

JANUARY 17, 2024

In reply to Baggins. U r correct by design from the dishonest left dumocrat traitor marxist bidumb et individuals all over the world who think like marxist do. The USA is going to 3rd world status thanks to those mentioned above. This is what happens when power hungry dumocrat globalists are taking over. Bidumb is being paid to do all he can to destroy the USA.

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Appraiser Newsroom

JANUARY 17, 2024

As the business aviation industry gears up for one of its most anticipated events, Corporate Jet Investor London 2024 promises an immersive experience for professionals across the sector. To provide an exclusive insight into what attendees can expect, we sat down with Alasdair Whyte , the CEO of Corporate Jet Investor. Q: What makes CJI London 2024 a must-attend event for business aviation professionals?

Appraisal 52

Appraisal Marketability Technology 52

Appraisers Blog

JANUARY 17, 2024

In reply to Anthony Blackburn on Facebook. Anthony, alot of the AMCs tell the client that they offer Review under the disguise of Quality Control which is against USPAP Standards 3. Honestly who in the world is going to stand up to these lousy cottage industries perpetuated by the AMCs or their clients. C’mon.

Appraisal 75

Appraisal 75

Law 360 M&A

JANUARY 17, 2024

Amazon brand aggregator Benitago Inc. received a New York bankruptcy judge's approval Wednesday to exit Chapter 11 with a plan to hand control of its business to lender CoVenture, allowing the company to shed about $85 million in debt and reorganize.

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52

Appraisers Blog

JANUARY 17, 2024

In reply to Greg. They’re just normal working everyday call center people. There is the factor of risk though, because there are a lot of corrupt industries in India, but they’re not all that way. They’re in another country and can run the benefit of scale. I was looking at currency conversion and affordability indexes, they’re everyday workers at those wages, but in India.

Appraisal 75

Appraisal 75

Benzinga

JANUARY 17, 2024

Global lithium operator Albemarle (NYSE: ALB ) divested its 4% stake in Liontown Resources following a failed takeover bid. Per Financial Review’s report , JPMorgan ‘s equity capital markets team offloaded $120 million worth of Liontown’s stock at floor prices, with shares dropping 1.45% and closing the day at A$1.36. Owing mainly to Albemarle’s interest, Liontown’s share price traded as high as A$3.15 in June 2023.

Equity 52

Equity Marketability 52

Appraisers Blog

JANUARY 17, 2024

Just walk away. After you do the inspection tell the lender you got sick and can’t complete the assignment. That’s my new rule.

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Benzinga

JANUARY 17, 2024

Nukkleus Inc. (NASDAQ: NUKK ) has announced its intention to expand its investment in Jacobi Asset Management, known for sponsoring Europe’s first approved Bitcoin spot ETF. Nukkleus signed a Memorandum of Understanding on January 16, 2024, marking a strategic advancement in Nukkleus’ portfolio. The MOU sets the stage for Nukkleus to acquire an additional 10% of Jacobi outright potentially.

Equity 52

Equity 52

Appraisers Blog

JANUARY 17, 2024

In reply to Todd Redington, SRA AI-RRS AGA. Todd u make some good points until u brought up the word MINORITY that pretty much says where u are coming from.

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