Harvard Corporate Governance

SEPTEMBER 6, 2022

Posted by Gregory Pryor and Germaine Gurr, White & Case LLP, on Tuesday, September 6, 2022 Editor's Note: Gregory Pryor and Germaine Gurr are partners at White & Case LLP. This post is based on a White & Case memorandum by Mr. Pryor, Ms. Gurr, Lindsey Canning , and Jun Usami. Carve-out deals, whether conducted through a trade sale, buyout, or IPO, have become a vital tool for businesses to boost balance sheets and deliver shareholder value.

Equity 254

Equity 254

BVR

SEPTEMBER 7, 2022

The 2022 AAML/BVR National Divorce Conference is right around the corner—read on to meet members of our planning committee!

189

189

IVSC

SEPTEMBER 5, 2022

Our changing world. 2021 marked a gradual return to physical meetings at the IVSC after more than a year of pandemic-inflicted restrictions. It has been extremely satisfying and rewarding to see people again – staff and fellow board members alike – to reflect on the importance of face-to-face meetings and the relationships that sustain a global organisation like the IVSC.

Intangible Assets 130

Intangible Assets Business Valuation Marketability Finance 130

Mckinsey and Company

SEPTEMBER 7, 2022

An estimated $600 billion worth of food is lost during or just after harvest. Can manufacturers and grocers do anything about it? Definitely—and it will be good for business, people, and the planet.

145

145

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

SEPTEMBER 6, 2022

Posted by Hillary Holmes and Justine Robinson, Gibson, Dunn & Crutcher LLP, on Monday, September 5, 2022 Editor's Note: Hillary H. Holmes is partner and Justine Robinson is an associate at Gibson, Dunn & Crutcher LLP. This post is based on a Gibson Dunn memorandum by Ms. Holmes, Ms. Robinson, Tull Florey , Brian Lane , Jim Moloney , and Peter Wardle.

Marketability 216

Marketability 216

Brian DeChesare

SEPTEMBER 7, 2022

There has always been a catch-22 with most finance jobs: to gain the right experience, you need the right experience first. If you want an investment banking internship , you need a previous investment banking internship, usually at a smaller firm. If you want a sales & trading internship , you need previous trading experience. And as the recruiting process has moved up , this problem has gotten worse because you need these “pre-internships” even earlier to have a good shot at the large bank

Finance 107

Finance Banking Start-ups Marketability 107

Mckinsey and Company

SEPTEMBER 7, 2022

Innovations, entrepreneurs, and capital are reshaping Africa’s fast-growing electronic-payments landscape with solutions for consumers and businesses alike.

140

140

Harvard Corporate Governance

SEPTEMBER 8, 2022

Posted by Cydney Posner, Cooley LLP, on Thursday, September 8, 2022 Editor's Note: Cydney S. Posner is special counsel at Cooley LLP. This post is based on her Cooley memorandum. Related research from the Program on Corporate Governance includes The Illusory Promise of Stakeholder Governance (discussed on the Forum here ) by Lucian A. Bebchuk and Roberto Tallarita; Does Enlightened Shareholder Value Add Value?

227

227

ThomsonReuters

SEPTEMBER 8, 2022

QUESTION: One of our DCAP participants has submitted a reimbursement claim that includes a $20 “late fee.” This charge is in addition to the regular monthly day-care fee for the participant’s child and appears as a separate entry on the statement from the day-care center with no further explanation. Can we reimburse it? ANSWER: It depends on what the charge is for.

98

98

Benzinga

SEPTEMBER 9, 2022

Indian conglomerate Tata Group , which produces everything from salt to software, is reportedly in talks with Taiwan’s Wistron Corporation to establish an electronics manufacturing joint venture in India with the goal of assembling iPhones there. What Happened: The discussions with Wistron Corp are intended at making Tata a force in technology manufacturing, and the group wants to leverage the Taiwanese company’s expertise in product development, supply chain.

Technology 98

Technology 98

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

Mckinsey and Company

SEPTEMBER 8, 2022

Organizations need to strategically invest in capabilities, people, processes, structures, and technology to navigate the risks arising from an evolving and fraught geopolitical landscape.

Technology 128

Technology 128

Harvard Corporate Governance

SEPTEMBER 9, 2022

Posted by Gary Gensler, U.S. Securities and Exchange Commission, on Friday, September 9, 2022 Editor's Note: Gary Gensler is Chair of the U.S. Securities and Exchange Commission. This post is based on his recent public statement. The views expressed in this post are those of Chair Gensler, and do not necessarily reflect those of the Securities and Exchange Commission or the Staff.

Marketability 221

Marketability Technology 221

Law 360 M&A

SEPTEMBER 7, 2022

Elon Musk won clearance Wednesday to amend his defense and counterclaims against a Delaware Court of Chancery suit by Twitter to force his closing on a $44 billion take private deal, but failed in a bid to delay an Oct. 17 trial kickoff for the dispute.

98

98

Benzinga

SEPTEMBER 8, 2022

Arcutis Biotherapeutics Inc (NASDAQ: ARQT ) has agreed to acquire LifeArc's portfolio company DucentisBioTherapeutics , a preclinical-stage biotechnology company focused on developing novel therapies for inflammation and autoimmune diseases. The agreement values Ducentis at up to $400 million, including an upfront cash payment of $16 million, Arcutis stock valued at approximately $14 million, and future.

98

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

Mckinsey and Company

SEPTEMBER 3, 2022

Circularity alone won’t stop leakage. Emerging economies still need to have proper waste management systems for their plastic and other materials.

134

134

Harvard Corporate Governance

SEPTEMBER 4, 2022

Posted by Ethan Klingsberg and Oliver Board, Freshfields Bruckhaus Deringer LLP, on Sunday, September 4, 2022 Editor's Note: Ethan Klingsberg is partner and Oliver Board is counsel at Freshfields Bruckhaus Deringer LLP. This post is based on their Freshfields memorandum, and is part of the Delaware law series ; links to other posts in the series are available here.

220

220

Law 360 M&A

SEPTEMBER 6, 2022

Attorneys for tech billionaire Elon Musk urged Delaware's chancellor Tuesday to delay the scheduled Oct. 17 start of a trial on Twitter's suit to compel closing on Musk's $44 billion deal to buy the company, with Twitter's counsel slamming the request as an unsupportable litigation gambit.

98

98

LaPorte

SEPTEMBER 6, 2022

For the thirteenth consecutive year, LaPorte CPAs & Business Advisors has been named one of the ‘Top 200 Accounting Firms’ in the country by INSIDE… The post LaPorte Named a 2022 Top 200 Accounting Firm first appeared on LaPorte.

Accounting Firms 98

Accounting Firms 98

Mckinsey and Company

SEPTEMBER 9, 2022

Scooter skeptic? Think again. Micromobility is gaining favor with consumers worldwide—and may fast become a mainstay of urban transportation.

131

131

Harvard Corporate Governance

SEPTEMBER 6, 2022

Posted by Anete Pajuste (Stockholm School of Economics) and Anna Toniolo (Harvard Law School), on Tuesday, September 6, 2022 Editor's Note: Anete Pajuste is Professor of Finance at Stockholm School of Economics (Riga), and Visiting Senior Fellow at the Program on Corporate Governance of Harvard Law School; and Anna Toniolo is Postdoctoral Fellow at the Program on Corporate Governance of Harvard Law School.

Compliance 212

Compliance Finance Marketability 212

Benzinga

SEPTEMBER 7, 2022

Green Check Verified (GCV), a leading fintech provider of compliant cannabis solutions and services to financial institutions, announced deal terms, to acquire PayQwick , which has been servicing underbanked cannabis businesses with payments and lending since 2015. The deal was unanimously approved by both boards. "With PayQwick on board, GCV will be the first company to serve the vertically integrated cannabis industry from businesses to banks, and the only company to ensure that any canna

Banking 98

Banking Marketability 98

ThomsonReuters

SEPTEMBER 9, 2022

We all know accountants have a certain reputation for being methodical, organized, risk-averse, and some might even say, boring. But for those accountants who’ve answered the call to provide advisory services and being that valued business partner their clients need, the accounting profession can be one exciting ride. How are today’s forward-looking accountants are breaking down stereotypes and building successful careers?

Compliance 98

Compliance Accounting Firms Technology 98

Mckinsey and Company

SEPTEMBER 9, 2022

McKinsey reveals 35 cutting-edge companies in the industrial tech sector, highlighting a robust “titanium economy” that creates American jobs and fuels innovation through sustainable, inclusive growth.

Technology 102

Technology Corporate Finance Finance 102

Harvard Corporate Governance

SEPTEMBER 9, 2022

Posted by the Harvard Law School Forum on Corporate Governance, on Friday, September 9, 2022 Editor's Note: This roundup contains a collection of the posts published on the Forum during the week of September 2-8, 2022. Dealing with Activist Hedge Funds and Other Activist Investors. Posted by Martin Lipton, Wachtell, Lipton, Rosen & Katz, on Friday, September 2, 2022.

Equity 201

Equity Banking 201

Benzinga

SEPTEMBER 4, 2022

Not long ago, Elon Musk complained that Twitter is asking him to share documents from anyone who has had even a passing conversation with him. It now appears that the Twitter, Inc. (NYSE: TWTR ) has made it official and has asked the Delaware Chancery Court to help obtain those texts. Twitter has requested Judge Kathaleen McCormick to order Musk and Jared Birchall, who manages the Tesla, Inc.

98

98

Law 360 M&A

SEPTEMBER 6, 2022

The recent merger control case of Vivendi and Lagardère in France is indicative of a global trend of competition authorities applying stricter standards to concentrations and pursuing an increasingly aggressive enforcement agenda, particularly in the media sector, says Jérémie Marthan at White & Case.

98

98

Mckinsey and Company

SEPTEMBER 9, 2022

Forces are converging to challenge healthcare affordability and access, and industry economics. Opportunities abound for leaders to drive rapid, at-scale innovation to usher in a brighter future.

98

98

Harvard Corporate Governance

SEPTEMBER 3, 2022

Posted by Steve Lipin and Keilley Banks, Gladstone Place Partners, on Saturday, September 3, 2022 Editor's Note: Steve Lipin is founder and CEO and Keilley Banks is an analyst at Gladstone Place Partners. This post is based on their Gladstone Place memorandum. The success of the get-out-the-vote campaigns for Nikola Corporation and Lucid Group shows that shareholder solicitation is not the same in the age of Robinhood and Reddit.

Banking 159

Banking Marketability 159

Benzinga

SEPTEMBER 3, 2022

The Federal Trade Commission (FTC) is investigating the $3.9 billion transaction between Amazon.com Inc. (NASDAQ: AMZN ) and 1Life Healthcare Inc. (NASDAQ: ONEM ). What Happened : According to a filing with the U.S. Securities and Exchange Commission , the FTC sent a notice to each company requesting "additional information and documentary materials" about the deal.

98

98

Henry Horne

SEPTEMBER 8, 2022

Shutting down your business can be overwhelming. There’s legal paperwork to complete, liabilities to pay and assets to distribute. If you don’t fulfill these requirements, you are risking potential disputes and unnecessary fees. These are the steps The IRS recommends you make when closing your business. Don’t miss: Educator expense deduction increased Final tax return … Keep Reading.

95

95

Mckinsey and Company

SEPTEMBER 9, 2022

Successful cloud migrations depend on knowing where the value for insurance lies in cloud and on business and IT working together.

115

115

Harvard Corporate Governance

SEPTEMBER 7, 2022

Posted by Sandra Boss and Michelle Edkins, BlackRock, Inc., on Wednesday, September 7, 2022 Editor's Note: Sandra Boss is Global Head of Investment Stewardship and Michelle Edkins is Managing Director of Investment Stewardship at BlackRock, Inc. This post is based on their BlackRock memorandum. Consistent with BlackRock’s fiduciary duty as an asset manager, BIS’ purpose is to support companies in their efforts to deliver long-term durable financial performance on behalf of our clients.

Marketability 146

Marketability 146

Appraisers Blog

SEPTEMBER 9, 2022

Taking private property for public use is one of the most powerful government actions under the constitution. The exercise of this power is commonly known as condemnation. The power itself is referred to as the eminent domain power. Eminent domain can occur at the federal, state, and local levels of government. If you are notified that your home, land, or property will be condemned for a public use, you will likely have many questions that need answers.

Appraisal 93

Appraisal Fair Market Value Marketability 93

NYT M&A

SEPTEMBER 5, 2022

The deal for Signify Health, which has a network of doctors who make home visits, would cement the drugstore chain’s move away from its traditional roots.

Mergers & Acquisitions 98

Mergers & Acquisitions 98