G.F. Gay Le Breton And Ryan Gerton, Contributing Writers//August 8, 2023 https://bit.ly/Chaffe-CB-Aug23 New Orleans biotech startup AxoSim, Inc. reached an agreement in July with Vyant Bio, Inc. to acquire the microBrain-associated assets of its StemoniX subsidiary. Effective immediately, AxoSim will …
August 17, 2023 Read MoreBy: G.F. Gay Le Breton And Ryan Gerton, Contributing Writers July 13, 2023 https://bit.ly/Chaffe-CB-July23 Three Louisiana-based private equity groups announced acquisitions in June, as they continue to deploy capital across a broad set of industries and geography. New Orleans-based Carr’s …
July 14, 2023 Read MoreBy: G.F. Gay Le Breton And Ryan Gerton June 14, 2023 https://bit.ly/Chaffe-CB-June23 A bidding war to acquire Baton Rouge-based Amedisys Inc. seems to be heating up. On May 3, 2023, the publicly-traded home health and hospice care company agreed to …
June 28, 2023 Read MoreClary Hood, Inc. v. Commissioner T.C Memo. 2022-15 raised the issue of reasonable compensation under IRC Sec. 162(a)(1). The IRS questioned whether the amounts paid to Mr. Hood were deductible as a necessary business expense. In 1980, Clary Hood and …
June 15, 2023 Read MoreBy: Riley Busenlener, CPA/ABV, ASA, AEP, JD Winning a dispute does not require an extreme position, despite what current times would have most believe. An extreme position is not likely to be in either the client’s or attorney’s best interest. …
June 15, 2023 Read MoreBy: G.F. Gay Le Breton and Alexander Aguilar May 19, 2023 https://bit.ly/Chaffe-CB-May23 Georges Media Group expanded its local presence in April with the acquisition of Arthur Hardy Enterprises, the publisher of the magazine and website which provide extensive coverage of Carnival …
May 24, 2023 Read MoreBy: G.F. Gay Le Breton and Alexander Aguilar February 13, 2023 https://bit.ly/Chaffe-CB-Feb23 Louisiana’s big M&A news in January was that Blue Cross and Blue Shield of Louisiana (BCBSLA) entered into an agreement to sell to Indianapolis-based Elevance Health Inc. (Elevance). As a nonprofit, …
April 27, 2023 Read MoreBy Marc S. Katsanis, CPA/ABV/CEIV/ CFA/CPVA and Nene Glenn Gianfala, CPA/ABV/CEIV/ ASA-BV/IA On January 5, 2023, the Federal Trade Commission proposed a new rule, which would impose a near-complete ban on the use of noncompetes by employers. The FTC’s mission is to …
April 26, 2023 Read MoreBy: G.F. Gay Le Breton and Alexander Aguilar April 21, 2023 https://bit.ly/Chaffe-CB-Apr23 CF Industries Holdings, a global manufacturer of hydrogen and nitrogen products, has agreed to pay $1.675 billion for a Waggaman ammonia plant and related assets. Australia-based Incitec Pivot Ltd …
April 24, 2023 Read MoreNene Gianfala was featured in the latest Association of International Certified Professional Accountants article. “Business valuation is that beautiful marriage between accounting and finance,” said Nene Glenn Gianfala, CPA/ABV, CEIV, ASA-BV-IA, vice president and shareholder at a New Orleans–based investment …
March 15, 2023 Read More