By: Paul Hodnefield, Esq. Secured parties sometimes get confused about the different options for perfecting a UCC Article 9 security interest in fixtures. Any confusion in the process can have significant repercussions, because the secured party’s choice of perfection method
Service of process (SOP) is something that should always be evolving and changing within your organization, which is why it is important for you to periodically evaluate your processes. As your organization grows, so does the complexity of your service
Senate Bill 88 (Chapter 48) amends the General Corporation Law (GCL). The GCL was amended to add new provisions relating to documentation of transactions and the execution and delivery of documents including by electronic transmission. Among other changes, revisions were
Illinois lawmakers amended the Limited Liability Company Act in their most recent session, changing the monetary penalty associated with uncured defaults (involving failure to timely file annual reports and pay requisite fees and/or replace registered agents who have resigned), and
Assembly Bill 5607 (Chapter 2019-149) signed by the governor and effective June 30 increases business entity annual report fees from $50.00 to $75.00 for profit entities and $25.00 to $30.00 for non-profit entities. The bill also provides for the Treasury
Senate Bill 1043 signed by the governor April 5 and effective June 30, 2019 replaces existing fees and establishes a flat fee of $30.00 for recording documents in the office of the county recorder.
House Bill 453 (Act 131) signed by the governor March 26 and effective June 26 amends KRS Chapter 273 relating to nonprofit corporations to permit mergers with LLCs.
Staying on top of the intake, distribution, and storage of legal documents can be a major pain point for corporate legal departments. Depending on the size of the business, just a handful of service of process (SOP) documents each day
The Delaware General Assembly approved two significant sets of changes to the Delaware Limited Liability Company Act during the 2018 Legislative Session: Lawmakers overhauled the treatment of series limited liability companies to provide increased flexibility, certainty, and other advantages for
Nevada and Delaware are often considered to be desirable destinations for businesses choosing to incorporate outside their home state, primarily due to their friendly taxation and litigation laws. However, there are a number of key distinctions between Delaware and Nevada