Why Cannabis Receiverships May Be on the Rise
November 26, 2024
Receivership may be one of few viable options for struggling cannabis companies facing upcoming debt obligations, according to a recent article in JD Supra that references information published in October by Green Market Report. Publicly traded multi-state cannabis operators are facing a looming debt of $1.83 billion due by 2026, which may suggest even larger debts for private cannabis companies. This situation raises concerns that insolvencies within the cannabis industry could rise significantly in 2025 and 2026 unless these companies effectively manage their debts and secure funding.
Code Enforcement Challenges: The Griswold Law Difference
November 12, 2024
Navigating the complexities of distressed properties can be a formidable task for municipalities. Griswold Law has been at the forefront of tackling these challenges in California, effectively collaborating with municipalities to restore order and safety to communities. We’ll delve into three notable cases that highlight significant hurdles encountered by Code Enforcement and how Griswold Law provided vital support in overcoming them.
What You Need to Know About California Senate Bill 1465
October 30, 2024
What is It? California Senate Bill 1465 amends the State Housing Law with important additions and clarifications surrounding how substandard housing is addressed in our state. It redefines what constitutes a substandard building to create a safer housing landscape, expands criteria for code enforcement inspections, and imposes restrictions on when an enforcement agency can take legal action. It also broadens the scope of relocation allowances for tenants displaced from substandard buildings, allows for the expansion of receivership jurisdiction in necessary circumstances, and ensures accountability and compliance from new owners who purchase a property with existing violations, citations, and notices. Here’s a closer look at the critical aspects of this bill:
Hoarder Properties: A Holistic Approach
October 15, 2024
Navigating the complexities of hoarder properties requires more than just technical expertise; it demands a deep sense of empathy and a collaborative approach. For city officials, attorneys, court-appointed receivers, and other professionals engaged in these cases, understanding the underlying issues and offering compassionate support can make a significant difference in resolving these challenging situations. Here’s why empathy is crucial, particularly for California court-appointed receivers, and how to effectively work with hoarder properties.
California Receivership Services for Hoarding Intervention
September 24, 2024
Hoarding presents a multifaceted challenge impacting numerous communities and creating unique challenges for city officials, legal professionals, and public health experts. Effectively addressing this issue involves balancing individual rights with public safety concerns. In this blog, we examine the legal processes for intervention, emphasizing the applicability of California health and safety receivership laws.
Hoarder Properties and Receivership: Laws and Regulations that Govern Remediation
September 12, 2024
Hoarding, a condition characterized by excessive accumulation of items and difficulty discarding possessions, presents significant challenges for landlords, city officials, and legal professionals. Understanding receivership in California and the overall legal framework governing a hoarder property is essential for effectively managing and mitigating the impact of this condition, as well as viewing the situation holistically to create lasting change. This blog explores key federal, state, and local laws relevant to hoarding, with a particular focus on California.
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