Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

Big Changes In Illinois: New Centralized State Tax Lien Registry Created

December 28, 2017 UCC, Corporate, Legislation, Due Diligence Something

Effective in Illinois on January 1, 2018, the State Tax Lien Registration Act will change how state tax liens are filed there. It will create one centralized State Tax Lien Registry for filing notices of tax liens in favor of or enforced by the Illinois Department of Revenue, who will manage the new registry. Currently, state tax liens in Illinois are filed by the Illinois Department of Revenue for unpaid taxes at appropriate county recorder…READ MORE

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Your Ultimate State Research Links Library

December 14, 2017 UCC, Corporate, Due Diligence Something

End of year buzzwords and phrases we all use and hear this time of year:  get better organized, be more efficient, streamline, and ultimately, be more successful. We’ve all worked towards accomplishing them and we utilize tools and tactics that help us achieve them. Below are links to various State departments nationwide, consolidating that information onto one web page, Your Ultimate State Research Links Library. We hope it’s a…READ MORE

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Tips For Your Fast-Paced Year End Corporate Transaction (Part II)

November 30, 2017 Corporate, Registered Agent, Due Diligence, Tips Something

To add to last week’s blog, below are a few additional tips to move your deals at lightning speed and efficiency from our popular and informative post:  Tips For Your Fast-Paced Year End Corporate Transaction (Part II). Have your service company “in the deal” as a partner. If you are able to share a few key points to the transaction, deadlines, or closing date by walking your service provider through the transaction, it will…READ MORE

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Tips For Your Fast-Paced Year End Corporate Transaction (Part I)

November 23, 2017 Corporate, Registered Agent, Due Diligence, Tips Something

Please enjoy this popular and informative re-post from last year’s blog:  Tips For Your Fast-Paced Year End Corporate Transaction (Part I). We will re-post Part II next week.   Year end is here.  Lightning speed transactions require entity Formations and Registrations in several states.  Below, we have listed some reminders to help you through the year-end rush. Delaware Direct Access. Delaware by far is the state…READ MORE

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Frustrated By Missing Documents At Your Closings?

September 08, 2017 UCC, Corporate, Due Diligence Something

Familiar with that feeling? Of course we’re all looking for ways to improve efficiency and, on this topic, there are some steps you can take that may help save time and streamline processes so you’re ready when it’s time and you’re not frustrated by missing documents at your closings. Don’t wait until the last minute. This seemingly simple tactic is vital to assuring you have the documents you need when you need them. If you…READ MORE

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Why Use Delaware Preclearance Corporate Filing Service?

June 29, 2017 Corporate, Due Diligence Something

The State of Delaware offers Preclearance Review of Corporate Documents to assist filers through the corporate filing process and reduce the number of filings that do not meet required criteria. Various preclearance corporate filing services are offered and their official review procedures are a convenient way to avoid potential processing errors. This service assures that you have accurately drafted your corporate document before formally…READ MORE

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FCS Guest Speakers At Bulk Sale Escrow Seminar April 1

March 31, 2017 UCC, Corporate, Event Something

  No Fooling. FCS CEO David Silverburg along with Escrow Compliance Manager Pamela Putnam will present “The Incredible Bulk Sale Superpower—UCCs” at National University in Costa Mesa this Saturday, April 1. The event is co-hosted by the California Escrow Association and The Escrow Training Institute. Seminar moderator Debbi Faber of Chicago Title, a long-time partner and friend to Bulk Sale education in California,…READ MORE

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Managing Secretary Of State–Annual Report Compliance For “Good Standing” Status

January 26, 2017 Corporate, Tips Something

Do you know if your entity, or portfolio, has filed the latest Secretary of State Annual Reports?  How do you know if you have missed a filing? Or if the state cashed your check but did not actually record the filing? Once your entity has filed with one or more Secretary of State offices, you have created a growing obligation to keep basic pieces of public data current though annual/biennial filings.  These Annual Reports seem simple…READ MORE

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Tips For Your Fast-Paced Year End Corporate Transaction (Parts I and II)

December 23, 2016 Corporate, Tips Something

After receiving such a positive response to this pair of blog posts back in October, and with year end literally now here, we present them again conveniently in one post, just in case you missed it. Happy Holidays! Year end is here.  Lightning speed transactions require entity Formations and Registrations in several states.  Below, we have listed some reminders to help you through the year-end rush. Delaware Direct Access. Delaware…READ MORE

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Tips To Determining Your Corporate Name Nationwide (Part II)

December 15, 2016 Corporate, Tips Something

This is Part II of our two-part blog on Corporate Names. We posted Part I in last week’s blog that discussed Corporate Name Availability in more detail. Today we share some tips on Name Reservation vs. Name Registration. Name Reservation. This is generally a document and filing fee submitted to a Secretary of State office, or just a fee paid. A Name Reservation can hold your name for a term that can vary from 30 to 180 days depending…READ MORE

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