The CARES Act – SBA Loans Explained and Loan Forgiven
April 3, 2020 Business Law COVID-19 UpdatesBridge Law LLP partner, Simon Khinda, explains The CARES Act regarding SBA Loans and Loan Forgiveness.
Bridge Law LLP partner, Simon Khinda, explains The CARES Act regarding SBA Loans and Loan Forgiveness.
Many concerned businesses, contractors and consumers have contacted us regarding their rights and obligations including cancelling contracts, and specifically with regards to Force Majeure in light of COVID-19.
Bridge Law LLP partner, Simon Khinda, explains how COVID-19 affects rental obligations and the eviction process.
Important Update for Landlords and Tenants In light of the Coronavirus (COVID-19) pandemic cities, and counties are taking steps to minimize the impact on tenants, including placing moratoriums on evictions, holds on shutting off utilities due to nonpayment, and prohibiting late rent fees. The federal government has suspended evictions and foreclosures in public housing until…
A New Era of Estate Planning in the Age of Covid-19 The spread of Covid-19 has caused a huge spike in the number of people looking to get their estate planning done immediately. This is not surprising given the number of people who have not done their estate plans yet. But what may be spreading…
‘It isn’t possible to love and part.’ In my last personal note from May 2019, I spoke of the Big Bad Wolf: “Here’s the thing. We don’t know when the Big Bad Wolf will come to our doorstep, but we all know that he will come one day. And when he does, we also know…
Business owners face many challenges today and as a result, are always looking for ways to cut down and control as many costs as possible. However, when it comes to making decisions concerning employees, it can be tempting to make risky choices about how you should classify your workers. Whether in regard to a new…
A trustee is a party responsible for the management, investment, and distribution of the property or assets within a trust. This will involve the oversight of trust administration, accounting, taxes, serving beneficiaries, and so on – in a manner that is impartial and transparent. It is encouraged to all our clients to select a professional…
The Super Lawyers publication has selected Bridge Law partner, Lalit Kundani, as a 2019 Southern California Super Lawyer. The annual list recognizes outstanding lawyers who have attained a high-degree of peer recognition and professional achievement. Lalit began his legal career in 2005 after graduating from UC Berkeley School of Law, one of the nation’s top…
A Checklist for Passing on Assets to Beneficiaries Maybe because it isn’t pleasant to consider our own mortality, it is oftentimes too easy to delay the creation and maintenance of our estate plans. Nevertheless, establishing your final wishes and intentions in a clearly stated and understood way through the legal documentation found in an estate…
On May 23, 2019, the U.S. House of Representatives passed important retirement legislation called the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The Senate is likely to pass the bill and the President expected to sign as well. Under HR 1994, there are 3 important issues for estate planners and financial advisors to…
The best part of my days are the nights I get to come home in time and see my girls off to bed. Jiya, now 4 ½-going-on-14, has graduated from songs and has moved over to stories, and the girls and I have been addressing all the popular ones recently. I’m sure it’s because their dad…
For start-ups and developing organizations alike, signing a lease for a commercial space is often assumed to be just like renting a home or apartment i.e. a lessee pays a specified amount of money to a lessor per month. When in reality there are several different types of commercial leases and basic structures that represent…
A trust, simply put, is a fiduciary arrangement intended to help you manage your wealth and assets in accordance with your wishes in the event of your death or incapacitation. A trust allows a third party, or trustee, the legal authority to manage, maintain, and distribute assets directed by the contents of the trust or…
Too often, businesses equate a corporate law attorney to that of an auto mechanic or firefighter, as in they only call them when there is a problem. What many entrepreneurs fail to understand is just how beneficial a business attorney can be to the longevity and success of their endeavor. Legal assistance and advocacy are…
“Our young children are our lives and our greatest blessings. They mean everything to us and everything we do is with them in mind. They are our past and future put together, and they reflect all of our hopes and dreams combined. As parents of little ones ourselves, we know full well the deep love…
Time-effective and cost-efficient, alternative dispute resolution gives the parties involved more flexibility and control over the process and outcome of business-related disputes; i.e. partnership, employment, or contract disputes. Alternative dispute resolution (ADR) is essentially any method of resolving disputes outside of the courtroom without litigation and is the preeminent approach to dispute resolution. Historically, parties…
One thing I hope for Jiya and Sonam is that they get to travel the Earth far and often. Traveling is a healthy form of disruption that we all could use. Traveling reminds us of how little of a spot on the globe we actually occupy. It forces us to accept that there are other…
The primary goal of your estate plan is the overall protection of wealth and assets in the event of your death or incapacitation. It ensures your assets may be distributed, as you see fit, through a will or trust agreement. However, in order to accomplish that goal, it is vital any and every asset is…
Beginning a business partnership can be an exciting time whether you are a veteran tycoon or an amateur entrepreneur. A partnership is a popular way to structure and finance a new business and brings about new challenges, shared visions, and reason to celebrate the smallest of victories. No matter how successful your business is or…
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