Blackrock Exec “Freaking Out” — Arthur Lipper Responds

The following article from Chief Executive prompts a recognition of reality.

 

Larry Fink, founder and chief executive of BlackRock, the world’s largest money manager, is freaking out, says Chief Executive Editor-at-Large Jeff Cunningham. Fink’s 2019 letter to CEOs admonishes them to start thinking beyond their bottom lines and lead with a conscience. […]

Crediting Royalties Paid for Redemption Right Calculation

The negotiation of a redemption right as a means of terminating the royalty payment obligation is fair and necessary to attract business owners to use royalties as a means of financing that does not dilute existing equity holders.

The redemption right should recognize the amount of royalty payments made prior to exercise of the right, […]