Uptick in Dividend Recaps – Reduce the Risk
Uptick in Dividend Recaps – Reduce the Risk Current interest rates remain at historically low levels, even for already leveraged companies and firms with higher-risk credit profiles. This has led to record amounts of recent debt financing activity. An increasing number of borrowers are feeding off investor demand for higher yields, as the Fed keeps […]
Listen to Morton – Get a Second Opinion
A fairness opinion is an effective, often necessary, risk management tool that determines whether the terms of a transaction are fair to stakeholders from a financial point of view. In significant change of control or capital transactions, obtaining a fairness opinion facilitates the decision-making process. The purpose of the fairness opinion is to provide an […]
SEC Expands Police Squad – Fund Violations Surpass 50%
SEC Expands Police Squad – Fund Violations Surpass 50% The Securities and Exchange Commission (SEC), in connection with the Dodd-Frank Act, has a dedicated team for the examination of private equity and hedge funds, and is now pushing to increase its 2015 budget and add up to 316 staff to this specialized group. This unit, […]
If MOM says NO, the deal don’t go!
If MOM says NO, the deal don't go! Corporate transactions are on the rise, and increased activity results in an increase in shareholder challenges. A recent WSJ article stated that 94% of U.S. public company deals were challenged by shareholders last year versus 44% in 2007. Lawsuits are typically directed toward corporate Boards. In most […]
SOC 1 Examination Completed – Officially SOC Compliant
Chicago, Illinois – March 2014 – Houlihan Capital, a financial advisory and boutique investment banking firm, that provides independent and defensible opinions of value that meet accounting and regulatory requirements, announced today that it has completed a SOC 1 (Service Organization Control) Type 1 examination. The examination was performed by McGladrey LLP, a global provider […]