News & Insights
More Receiverships May Be on the Horizon
The growing list of big businesses filing for bankruptcy amid the coronavirus pandemic is likely an early indicator that there will be a surge of distressed real estate workouts, including receivership sales. Some experts are cautiously saying that things will not be...
Shedding Light on the Mysteries of the PPP
After weeks of confusion, the Small Business Association published the Loan Forgiveness Application, answering many of the questions that arose following the introduction of the Paycheck Protection Program in late March. The new Loan Forgiveness Application provides...
Property Tax Relief Is in Store – For Some
Some homeowners and small businesses impacted by the COVID-19 pandemic will receive a highly anticipated property tax relief that delays deadlines and waives penalties until next year. The relief offer by Executive Order N-61-20, issued by California Governor Gavin...
Joe von Meier Named Top Attorney
Crosbie Gliner Schiffman Southard & Swanson LLP (CGS3) partner Joe von Meierhas been named one of San Diego’s Top Attorneys for 2020 by SD Metro, a leading San Diego business publication.
Insight Alert: California’s Property Tax Relief Order
On May 6, 2020, California Governor Gavin Newsom issued Executive Order N-61-20, which provides relief from property tax penalties for taxes paid after April 10, 2020. The Order also provides that the 10% penalty and interest will not apply for failure to pay a...
Why Those PPP Loan Expenses May Be Nondeductible
Small businesses that benefit from the Paycheck Protection Program could end up having to pay a share of their loan to Uncle Sam in taxes. On April 30, the IRS issued Notice 2020-32, which states that expenses paid with the forgivable PPP loan proceeds – which would...
Returning to the Workplace: Guidance for Landlords and Property Managers
As communities look to reopen after COVID-19 closures, the workplace will inevitably look different than it did a few short months ago. As a result, landlords and property managers are now faced with considering how their commercial spaces will need look and function...
Can Business Interruption Insurance Provide Relief?
The economic fallout of the coronavirus pandemic is threatening to shake up the insurance industry like never before. Several insurance companies have already had lawsuits filed against them based on their denial of claims under business interruption policies arising...