News

Bidding war revs up to acquire Amedisys Inc., tops recent multi-billion-dollar M&A activity

By: 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 …

Read More

Reasonable People Can Disagree

Clary 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 …

Read More

Fairness the New Winning Strategy

By: 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. …

Read More

Media group’s acquisition tops M&A activity in April

By: 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 …

Read More

BCBSLA deal tops M&A news in January

By: 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, …

Read More

DEATH SENTENCE FOR NONCOMPETES; What the FTC rule proposal means to you

By 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 …

Read More

CF Industries Holdings tops March M&A activity with $1.6B purchase of Waggaman ammonia plant

By: 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 …

Read More

Investigate the present to see the future: Forensics and Valuation

Nene 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 …

Read More

Louisiana-based Lemoine’s acquisition of Macro Companies tops monthly M&As

By: G.F. Gay Le Breton and Alexander Aguilar March 7, 2023 https://bit.ly/Chaffe-CB-Mar23 Louisiana-based Lemoine continued to broaden its emergency preparedness and disaster recovery services in February with the acquisition of Macro Companies, one of the world’s largest emergency fuel and water …

Read More

Personal vs. Enterprise Goodwill: Key Things to Know

Join Nene Gianfala as she hosts the AICPA FVS podcast. Nene met with FVS conference presenters Karolina Calhoun and Audra Moncur right after their presentation this past November. Join us as we dig into the topic of goodwill a bit …

Read More