On March 1, 2024, a United States District Court judge ruled that reporting requirements of beneficial ownership under the Corporate Transparency Act (CTA) are unconstitutional. GHJ recently provided details about the CTA, a new law that became effective on January 1, 2024. In the recent court case, the plaintiffs sought an injunction against the implementation of t [...]

Manufacturers are often faced with the decision of how to approach the production process efficiently and cost-effectively. Two common methods are turnkey manufacturing and toll manufacturing. Each strategy has its advantages and disadvantages, which can significantly impact a manufacturer’s operations. Businesses should consider the pros, cons and implications of e [...]

Leader Ilan Haimoff is joined by two experts on motion picture and television financing: Akin Gump Partner and Entertainment and Media Practice Head Chris Spicer and Content Partners President John Mass. The last installment of the “Trends in Motion Picture and Television Finance” series explored the then-ongoing labor strikes. Now, six months later, Ilan, Chris an [...]

In today's rapidly evolving corporate landscape, embracing diversity, equity, inclusion and accessibility (DEIA) is not just a moral imperative but a strategic business advantage. GHJ has recognized this critical component of success through the establishment of its BIPOC Cohort — an employee resource group dedicated to supporting Black, Indigenous and other people [...]

In 2024, the film and television industry faces increasing challenges from the competitive streaming landscape and mounting pressure on media companies to reduce debt and boost profitability. This has led studios and streamers to rethink their strategies and consider a move from substantial upfront buyouts to more flexible compensation models that combine fixed paymen [...]

In the dynamic landscape of today's business world and era of data-driven decision-making, staying ahead of the competition requires more than just intuition and industry experience. Business owners are increasingly turning to data analytics and artificial intelligence (AI) tools to gain valuable insights that can transform the way they operate and view the strategy o [...]

In this episode of GHJ’s Business Disruption and Resilience Podcast, GHJ Food and Beverage Practice Leader and Guest Host Maria Pearman explores how an innovator in the beverage alcohol space aims to revolutionize the supply chain. Maria talks to Brad Abramson, Chief Science Officer for New Tides Distillery in San Diego. Inspired by droughts in California, New Tide [...]

In the beverage alcohol space, Black Americans represent 12 percent of alcohol consumers but only two percent of alcohol executives, according to Pronghorn. But there are innovators seeking to transform the industry and promote diversity, equity, inclusion and accessibility (DEIA). Jackie Summers is the CEO of Jack from Brooklyn, producer of Sorel Liqueur. In 2012, h [...]

On December 21, 2023, the IRS launched a new Voluntary Disclosure Program (VDP) that allows businesses to pay back money received from erroneous Employee Retention Credit (ERC) claims. This program is intended to provide much-needed relief for taxpayers who were deceived by unscrupulous ERC promoters into filing improper claims for refunds. Further, the program will p [...]

Co-authored by Lynn Mucenski-Keck at Withum The Inflation Reduction Act (IRA) was signed into law on Aug. 16, 2022 and allocates over 85 percent of the expected total $433 billion in expenditures to energy security and climate change. President Biden’s goal for the United States to reduce economy-wide net greenhouse gas pollution to 50-52 percent of 2005 levels by 2 [...]