Today, we depart from our normal COVID updates. As we are moving through phased re-opening many are left wondering what is going on. The course which history has charted has shown us what leadership looks like. How do leaders act in a time of crisis and how have they emboldened and inspired people to greater […]
New information is constantly coming forward related to the SBA’s Paycheck Protection Program. The guidance is constantly changing and borrowers are left wondering about compliance. This past week, the SBA updated its guidance on the necessity component that had been the center of debate once it was learned that public companies were unfairly taking advantage […]
In a time of economic uncertainty, many begin to look for options to resolve financial issues. Each individual’s situation is different and requires a careful analysis of the options and impacts each particular path may take. The US Constitution provides a mechanism for bankruptcy protection allowing individuals to eliminate certain types of debt. Bankruptcy is […]
In our previous installment on loan workouts, we discussed being proactive in approaching a lender when a commercial loan is in trouble. Today, Attorney, Matthew Kirkpatrick walks us through the process of how a commercial loan default (a trouble asset) is handled with the bank. There are a many different ways loans can be negotiated […]
Thomas Jefferson stated following a period political and economic uncertainty: “if we can but prevent the government from wasting the labors of the people, under the pretense of taking care of them, they must become happy.” In the wake of the COVID outbreak, much of the legislative action has been carried out by executive order. […]
Its been nearly seven weeks since the State of California has been put on a statewide shelter in place order. During this time many businesses have struggled to make ends meet and many landlords are facing questions related to their own commercial loans. Today, Attorney, Matthew Kirkpatrick begins to address issues related to commercial loan […]
Its been nearly seven weeks since the State of California has been put on a statewide shelter in place order. In the past couple of days, the Governor has indicated that the State will begin to move towards a phased re-opening. There is yet much to be learned as to what that will look like […]
Webinar Invitation: We are inviting you to participate in a webinar on Monday, May 4, 2020. Keith Dunnagan along with Lou Catalano, CPA and Dave Smith, commercial real estate broker will discuss strategies commercial tenants and landlords are using involving business leases. This webinar is designed for business owners or commercial landlords to learn about […]
As we near the end of April 2020, it has certainly been an interesting time. I think that is a good way to say that. Many shelter orders that were amended or extended in early April are set to expire. Some counties are extending further others are moving to a different path. Today we look […]
We previously discussed business interruption insurance during the COVID-19 outbreak. Many insurance providers were summarily denying claims without investigation. Recently, the DOI issued a notice requiring investigative compliance and today, Attorney, Robert Enos, explains the issues related to the notice and COVID-19. As always, if you have any questions about your real estate, business, estate […]
