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 [...]

by Jason E. Squire GHJ’s Movie Business Podcast Series features Ilan Haimoff, Partner at GHJ, talking to Jason E. Squire, Professor at USC School of Cinematic Arts and Editor of The Movie Business Book Fourth Edition, about his predictions for the entertainment and media industry in 2021. Click here to find out what is on the horizon for streaming services, movie r [...]

UPDATED ON 1/13/21 QUESTIONGHJ OBSERVATION Is forgiveness available for PPP-2 loans? Yes. The forgiveness calculation and process is similar for PPP-2 loans as for the first round of funding. Importantly, the use of funds is expanded to cover additional areas including operations expenses, property damage costs, supplier costs and worker protection expe [...]

On Dec. 21, 2020, Congress passed the Consolidated Appropriations Act of 2021 (“the Bill”), which is a comprehensive bill including COVID-19 relief, tax extenders and funding for the Federal government for the remainder of fiscal year 2021. In addition to providing for a second round of PPP loans, the Bill contains some notable tax provisions, perhaps the most signi [...]

Under the current law, and prior to Proposition 19 (Prop 19), a parent could transfer (a) a primary residence, regardless of value or (b) up to $1 million of assessed value of real property (other than primary residence; such as vacation home, rental property etc.) to their children without a reassessment of property base value. In other words, the property taxes woul [...]

Originally published in the Los Angeles Business Journal Staying on a mission — no matter what obstacles stand in the way — is challenging for any nonprofit. Add in a pandemic and things can often get even more complicated, especially for healthcare organizations. COVID-19 is now the leading cause of death in the U.S. according to an article in Live Science that d [...]