JD Supra: Mergers
JANUARY 2, 2024
2023 was a very significant year for every compliance practitioner and compliance program. While there was a paucity of corporate enforcement actions under the Foreign Corrupt Practices Act (FCPA), there were significant announcements from the Department of Justice (DOJ) which directly impact compliance professionals and compliance programs.
Deal Lawyers
JANUARY 2, 2024
Following implementation of the SEC’s universal proxy rules, disputes about activists’ compliance with advance notice bylaws have become one of the key battlegrounds in proxy contests. Last week, in Kellner v. AIM Immunotech, (Del. Ch.; 12/23), the Chancery Court addressed a challenge to amendments to a company’s advance notice bylaw adopted during a proxy contest.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
JD Supra: Mergers
JANUARY 2, 2024
It’s official: the Corporate Transparency Act (the “Act”) has gone into effect January 1, 2024. On December 21, 2023, the Financial Crimes Enforcement Network (“FinCEN”) issued its second final rule establishing the framework for access to and protection of beneficial ownership information (“BOI”) pursuant to the CTA. During the final day of 2023, it was clear that FinCEN was preparing itself to begin the BOI reporting as of January 1, 2024.
CNBC: Investing
JANUARY 2, 2024
Steve Eisman of Neuberger Berman sees little tolerance for things going wrong. He warns the Federal Reserve will likely cut rates fewer times than expected.
Advertisement
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
JD Supra: Mergers
JANUARY 2, 2024
Special purpose acquisition companies (“SPACs”) have been in the litigation spotlight recently. As SPAC disputes play out in courts nationwide, one especially interesting field of play is in the Delaware Chancery courts where SPAC shareholders are pursuing breach of fiduciary duty cases against SPAC sponsors, officers, and directors. How did this litigation develop, and where does it stand now?
Investment Banking Today brings together the best content for investment banking professionals from the widest variety of industry thought leaders.
JD Supra: Mergers
JANUARY 2, 2024
The Corporate Transparency Act (CTA), designed to combat the use of shell companies for illicit purposes and increase ownership transparency in corporate structures, takes effect on January 1, 2024. As discussed in more detail in The Corporate Transparency Act: What To Know and Expect Starting January 1, 2024, the CTA will require an estimated 30 million entities not specifically exempted under the CTA—known as Reporting Companies —to identify and report to the U.S.
Global Banking & Finance
JANUARY 2, 2024
European shares kick off 2024 on dour note; tech stocks lead declines By Ankika Biswas and Shashwat Chauhan (Reuters) -Europe’s benchmark stock index capped off the first trading day of the New Year lower with technology stocks amongst top decliners on Tuesday, as traders bid adieu to an upbeat 2023 that was fuelled by expectations […]
JD Supra: Mergers
JANUARY 2, 2024
UK CMA Provides First Informal Guidance on Environmental Sustainability Agreement - On 14 December 2023, the UK Competition and Markets Authority (CMA) published its first informal guidance on the application of UK competition law to an environmental sustainability agreement.
Global Banking & Finance
JANUARY 2, 2024
For investors, 2024 is year of transition to a new economic order By Paritosh Bansal (Reuters) – Investors appear convinced that major Western central banks are close to a much awaited pivot, from raising interest rates to cutting them.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
JD Supra: Mergers
JANUARY 2, 2024
NetApp Inc. v. Cinelli, C.A. No. 2020-1000-LWW (Del. Ch. Aug. 2, 2023) - This decision arose out of the sale of the company Cloud Jumper to NetApp, Inc. The seller’s management had been recording internal software use as revenue in its unaudited financial statements but never disclosed this practice to the buyer in the sale’s process. In this post-trial opinion, in addition to breaches of contract, the Court of Chancery held that the defendants were liable for fraud because they failed to.
Global Banking & Finance
JANUARY 2, 2024
‘It was a miracle’: How passengers escaped a JAL fireball in Tokyo By Daniel Leussink and Yoshifumi Takemoto HANEDA AIRPORT, Tokyo, Japan (Reuters) – The flight between the northern city of Sapporo and Tokyo’s Haneda airport is Japan’s busiest air route, and one of the most frequent services anywhere in the world.
JD Supra: Mergers
JANUARY 2, 2024
Cygnus Opportunity Fund, LLC v. Washington Prime Group, LLC, C.A. No. 2022-0718-JTL (Del. Ch. Aug. 9, 2023) - An Indiana corporation reorganized via bankruptcy into a Delaware LLC, and a senior note holder negotiated for nearly 90 percent of the equity. The LLC agreement required that at least one member of the five-member board of managers be independent.
Global Banking & Finance
JANUARY 2, 2024
Oil prices stable as economic headwinds offset Red Sea disruptions By Georgina McCartney HOUSTON (Reuters) -Oil prices were little changed in the first session of the new year, as the impact of economic headwinds unravelled gains from potential disruptions to supply due to tensions in the Red Sea.
Advertisement
The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.
CNBC: Investing
JANUARY 2, 2024
The founder and senior portfolio manager of the Satori Fund selected two names from the so-called Magnificent Seven as his favored shares for the new year.
Global Banking & Finance
JANUARY 2, 2024
Japan quake toll rises to 55 with many trapped under possibly thousands of homes By Kiyoshi Takenaka, Sakura Murakami and Kantaro Komiya WAJIMA, Japan (Reuters) – A powerful earthquake that hit Japan on New Year’s Day killed at least 55 people, with rescue teams struggling in freezing temperatures on Tuesday to reach coastal areas where […]
PE Hub
JANUARY 2, 2024
As part of the transaction, USDCF has also acquired the West Colton Rail Terminal, a biofuels terminal in California. The post Ara Partners acquires USD Clean Fuels appeared first on PE Hub.
Global Banking & Finance
JANUARY 2, 2024
Global stocks retreat, Treasury yields rise as rate cut optimism fades By Herbert Lash and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Stocks on Wall Street and in Europe fell on Tuesday, along with prices for U.S. and other government debt, as market optimism that the Federal Reserve will cut interest rates sharply this year faded.
Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence
In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.
CNBC: Investing
JANUARY 2, 2024
The markets saw an almost vertical rally in the last two months of December and this has propelled all major indices into overbought territory.
PE Hub
JANUARY 2, 2024
Danone is a global food and beverage company. The post Platinum Equity to acquire organic milk producer Horizon Organic and yogurt brand Wallaby appeared first on PE Hub.
CNBC: Investing
JANUARY 2, 2024
Bitcoin popped to start the new year as eager investors drove the price to nearly $46,000 on Tuesday.
PE Hub
JANUARY 2, 2024
Imperial Dade is a distributor of foodservice packaging supplies, industrial products, and janitorial supplies. The post Advent-backed Imperial Dade acquires janitorial and sanitation products provider Insight Distributing appeared first on PE Hub.
Advertisement
In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.
CNBC: Investing
JANUARY 2, 2024
As the new year kicks off, Bank of America is laying out some of its top long and short ideas for the first quarter.
Global Banking & Finance
JANUARY 2, 2024
The power of lending relationships in syndicated loans Borrowing from relationship banks could save millions of dollars for borrowers in the primary market of syndicated loans, says Yafei Zhang, Lecturer in Finance at Alliance Manchester Business School. Syndicated loans are among the most important external financing sources for firms all over the world.
PE Hub
JANUARY 2, 2024
The deal also includes the acquisition of Weiss Instruments, which Miljoco acquired in 2022. The post Arcline-backed DwyerOmega acquires measurement instruments provider Mijoco appeared first on PE Hub.
CNBC: Investing
JANUARY 2, 2024
Gold mining stocks underperformed the broader stock market and the price of gold in 2023.
Advertisement
In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.
PE Hub
JANUARY 2, 2024
Most recently, Duchin served in various senior executive roles at Bayer Consumer Care. The post Avista Capital appoints Duchin as strategic exec appeared first on PE Hub.
CNBC: Investing
JANUARY 2, 2024
The bank lowered its rating on the tech giant to underweight from equal weight.
PE Hub
JANUARY 2, 2024
Based in Norwood, Massachusetts, Amplix is a provider of strategic technology advisory, consulting, implementation, and managed services. The post Gemspring-backed Amplix snaps up tech advisor Go2 Communications appeared first on PE Hub.
Expert insights. Personalized for you.
196 
Let's personalize your content