Every quarter, GHJ Foundation (GHJ’s vehicle for proactive giving to the community) goes through a grant cycle to decide what organizations to provide grants to. Employees from GHJ volunteer their time to be part of the process. In its recent grant cycle, the GHJ Grant Committee prioritized organizations impacted by COVID-19 that focused on food insecurity, educationa [...]

Many U.S. tax preparers have marked March 15 on their calendars, which is the first major due date for the 2021 tax season. Domestic flow-through entities such as partnerships and S Corporations with a calendar year-end must file their 2020 income tax returns or extensions by March 15, 2021. From the U.S. international tax compliance perspective, most foreign reportin [...]

As the one-year anniversary of quarantining and remote working during COVID-19 comes to pass, one in four employees are still working remotely. In this new environment, people have had to come up with unique strategies to handle working remotely, entertaining and schooling kids from home and keeping their own mental health in check. GHJ employees are no different. Wh [...]

WHY IS IT A GOOD TIME TO CONSIDER SELLING NOW? With the potential rise of capital gains tax rates on the horizon, owners considering an exit in the near future are advised to move with deliberate speed to prepare for a transaction, find and engage the right investment banking firm and execute before the end of 2021. In addition to these tax considerations, there is a [...]

GHJ Transaction Advisory Principal David Sutton sits down with Partner and Advisory Practice and Transaction Advisory Practice Leader Anant Patel to discuss merger and acquisition trends, 2021 outlook and the impact COVID-19 has had on the market. CURRENT STATE OF M&A MARKET DAVID SUTTON: Most would date the last M&A cycle commencement back to 2010/2011 with each [...]

by Jason E. Squire GHJ Entertainment Partner Ilan Haimoff and Jason E. Squire, professor at USC School of Cinematic Arts and editor of The Movie Business Book Fourth Edition, return for another season of GHJ’s "Movie Business Podcast Series." In this episode, Ilan and Jason interview Entertainment Lawyer Peter Dekom about the state of the movie business and if it ca [...]

Co-Authored with Nishen Radia, Co-founder and Managing Partner, FocalPoint A longstanding feature of many private-equity business sales is called, “rollover equity.” Many financial buyers want some equity to remain in the hands of the sellers as partial consideration for a buyout for several reasons. With financial buyers making up a significant portion of the buyer [...]

It is hard to credit 2020 with any positive attributes. But in fact, we all learned so much. If there is anything to be applied in this new year, it is the importance of innovation. 2020 was filled with adversity and abrupt change, but we are now more than ever striving to #BeMore to define the future. With this commitment, we are proud and excited to announce our mo [...]

In response to rising COVID-19 cases and hospitalizations, California Gov. Gavin Newsom enacted a Regional Stay At Home Order Dec. 5, 2020. The order will be enforced in regions where ICU capacity drops below 15 percent. The order impacts several sectors of business and notably the food and beverage industry. Restaurants are only allowed to be open for takeout or pick [...]

Also by Scott Ehrlich (Partner, Sklar Kirsh) In any transaction where a business changes hands, a buyer generally wants to make sure that there is no unpleasant surprise after making payment. Equally, a seller does not want to be concerned by a potential claim from the buyer after the sale. Therefore, various mechanisms have been developed to protect the parties in [...]