COVID-19 Industry Updates

    Leading Diverse Teams Post-Pandemic

    Originally posted in HR News. Due to the pandemic, the workplace climate has changed considerably. Discussing politics and social issues at work are part of the new normal. Conversations and efforts surrounding diversity, equity and inclusion are at the forefront in many organizations. Political [...]

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      PODCAST: M&A Trends: Growing Through Disruption

      Principal and Business Disruption Expert David Sutton returns for another episode of GHJ’s “Business Disruption and Resilience Podcast” series about how businesses respond to disruption and adversity. In this episode, David interviews Deeanne Akerson (co-founder and co-CEO of Kindred Bravely, a [...]

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        WEBINAR RECORDING: Post-COVID M&A Landscape

        GHJ hosted a Post-COVID M&A Landscape Webinar. This event focused on how transactions are changing as businesses recover from disruption caused by the pandemic. Check out the recording to learn more about opportunities, challenges and strategies during this time of change. Discussion highlights [...]

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          Counterparty Perspectives on COVID-19 Transactions

          Co-Authored with Michael Butler (Founder, Chairman and CEO, Cascadia Capital) and Dan Gaspar (Partner, TZP Group) GHJ Managing Director David Horwich sits down with Michael Butler (chairman and CEO of Cascadia Capital, a leading West Coast investment banking firm) and Dan Gaspar (partner at TZP [...]

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            Ensuring a Cohesive Workforce During a Crisis

            Originally published in Risk Management Magazine There is no way around it—in the current environment, organizations cannot prevent social and political views from being shared in the workplace. Especially after the events of 2020, from politics to police violence to the pandemic, the lines [...]

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              Creating a New Post-Pandemic Workplace

              Originally published in INSIDE Public Accounting Difficult times bring out the best in people. Necessity is the mother of invention. There is no education like adversity. While these maxims might be cliché, their insights ring true. There is no going back to how companies operated pre-pandemic: [...]

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                PODCAST: Radical Shifts in Entertainment Industry

                Principal and Business Disruption Expert David Sutton returns for another episode of GHJ’s “Business Disruption and Resilience Podcast” series about how businesses respond to disruption and adversity. In this episode, James Roiz, Senior Vice President of Film Finance and Business Operations for [...]

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                  PODCAST: Crystal Ball: A Look at 2021

                  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 [...]

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                    Navigating the Post-pandemic World as a Nonprofit

                    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 [...]

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                      SBA Prepares to Issue Forgiveness Questionnaire

                      Throughout the various stages of the PPP stimulus package, the SBA has commented that borrowers of PPP funds of $2 million or more would be subject to additional scrutiny regarding their loan and forgiveness eligibility. In early November 2020, SBA circulated a draft questionnaire aimed at those [...]

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                        Earnouts in the Age of COVID-19

                        As the transactional markets have begun to defrost and M&A activity is picking back up to pre-shutdown pace, it is a good time to consider how deals are being structured in a COVID-19 world. A key structuring term used in the transaction community recently is the “earnout.” According to SRS [...]

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                          Leadership and Innovation to Help Communities Thrive

                          Tom Barry’s blog series, “OWNING the New Normal: Innovators Creating the Way Forward,” focuses on business leaders exploring the current and evolving business environment. The discussion will revolve around recognizing that leaders must innovate and pivot to “own” the future and move forward. [...]

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                            PODCAST: Changes in Entertainment Market Research

                            The Movie Business Podcast Series with hosts Ilan Haimoff, partner at GHJ, and Jason E. Squire, professor at USC School of Cinematic Arts and editor of The Movie Business Book Fourth Edition, has on guest panelist Kevin Goetz, founder and CEO of Screen Engine/ASI LLC (one of the most influential [...]

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                              Royalty Audits in a Post-Covid-19 World

                              Managing a licensing office in a post-COVID-19 world presents unprecedented challenges. While there are numerous issues confronting licensing offices, there are several potential responses and strategies to help mitigate the damaging effects while still maximizing licensing revenue and interactions [...]

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                                Dealing with a Pandemic: Leading Through Crisis

                                Tom Barry’s new blog series, “OWNING the New Normal: Innovators creating the way forward,” will focus on business leaders exploring the current and evolving business environment. The discussion will revolve around recognizing that leaders must innovate and pivot to “own” the future and move [...]

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                                  Reengineering Audits with Remote Auditing

                                  One would be hard pressed to find one business that has not been affected by the COVID-19 pandemic. While several businesses have felt challenged in having to operate under constraints that were beyond what they could effectively manage, there were many other businesses that were able to pivot [...]

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                                    Transactions Outlook 2020: Mid-Year Review

                                    Originally published in HLB Insights The outbreak of COVID-19 has brought unprecedented challenges to the global economy, pausing much of the activity across the world. After a long spell of record-high M&A activity over the past decade, deal-making was brought to a screeching halt as the [...]

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                                      LABJ 2020 Food and Beverage Industry Roundtable

                                      Originally published in the Los Angeles Business Journal. The food and beverage industry as a whole is unique in many ways — and here in Los Angeles, where we have some of the best dining and food-for-purchase options in the nation, there’s perhaps an even more finely tuned set of rules for [...]

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                                        Hiring Best Practices During COVID-19

                                        COVID-19 has shifted many industry sectors of the workforce. For companies that are able, social distancing measures have made remote work the new norm. Employees are transforming homes into workspaces, often simultaneously managing childcare and personal obligations. Businesses are facing [...]

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                                          Securing Capital in a Post-Pandemic Environment

                                          In the wake of the COVID-19 stay-at-home orders, business owners should examine their company’s liquidity position and assure availability of staying power, whether or not there are additional waves of shutdowns. In this environment, it is critical to have sufficient liquidity to be both offensive [...]

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                                            The New Normal and New Approach

                                            Originally published in Los Angeles Business JournalThe COVID-19 pandemic has forced companies to re-invent themselves in the short term. For many, the priority has been to weather the economic fallout by maintaining adequate cash flow and ensuring overall liquidity, all while keeping their [...]

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                                              WEBINAR: Post-pandemic Readiness

                                              Are you ready for the challenges of the post-pandemic world? GHJ's Managing Partner Tom Barry will be speaking with fellow HLB Leaders Jim Bourke and Andre Bueno during HLB's webinar on Monday, June 29. Register now to hear them discuss the five strategic priorities for business leaders to succeed [...]

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                                                Cash Flow Forecasting During COVID-19

                                                The COVID-19 pandemic is as unprecedented medically as it is financially. Never before has there been a period in which all business have had to collectively look at their liquidity and assess the short-term future in such a critical manner. Such situations are typically reserved for discrete [...]

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                                                  WEBINAR: GHJ Leaders Discuss PPP Loan Forgiveness

                                                  GHJ Leaders Anant Patel, David Sutton and Daniel Rowe recently hosted a webinar discussing PPP loan forgiveness and its potential changes. The webinar included in-depth discussion and guidance on: Dynamics Behind PPP ForgivenessCurrent Forgiveness Model: What You Need To Know NowNew Guidance and [...]

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                                                    Forgiveness Guidance – Key Details

                                                    On May 15, 2020 the SBA released the Loan Forgiveness Application Instructions for Borrowers, which included the much awaited guidance on various forgiveness questions, and also left some unanswered questions. This blog will summarize the major points raised by the document and the practical impact [...]

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                                                      Updated Eviction Moratorium for City of Los Angeles

                                                      By Richard Wu (Principal) On May 6, 2020 by unanimous vote, the Los Angeles City Council adopted Ordinance No. 186606, which provides additional relief and modifies existing protections for commercial and residential tenants. This protection is retroactive to March 4, 2020 and lasts until Mayor [...]

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                                                        Main Street Lending Program Details Announced

                                                        On April 30, the Federal Reserve announced long-awaited details to the Main Street lending programs. There are significant updates to the original Term Sheet announced on April 9. The Announcement There are now three programs available to borrowers, and GHJ highlights the two newly announced [...]

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                                                          Changes in the Food and Beverage Industry

                                                          COVID-19 is having a profound effect on the business world. While it is still unclear exactly how lasting and impactful those changes will be, it is certain they will be significant for some industries more than for others. Recent quarantines in many states have forced people to stay home, which [...]

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                                                            CARES Act Loan Program Funding Update

                                                            President Trump has today (April 24, 2020) signed the Amendment (passed last evening by Congress), which will provide $484 billion in additional funding to the Paycheck Protection Program (PPP) , the Economic Injury Disaster Loan (EIDL) program and several other new provisions. The Amendment [...]

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                                                              COVID-19 Supplemental Funding to FQHCs

                                                              Recently, Federally Qualified Health Centers (FQHCs) received two sets of supplemental funding released by the Health Resources and Services Administration (HRSA) in response to the COVID-19 pandemic: $1.32 billion in CARES Supplemental Funding (H8D), appropriated through the CARES Act of 2020, [...]

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                                                                PPP Update on Qualification Eligibility

                                                                As previously noted in GHJ’s COVID-19 Updates, GHJ expects additional guidance from the Small Business Administration (SBA) to allow applicants to re-assess their initial application in light of questions on PPP eligibility for certain borrowers. Today (April 23) the SBA provided guidance in [...]

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