Risk Management Blog

California public records professionals have learned of a troubling new con taking place in our state. Over the last couple of years, we have fielded countless phone calls from anxious clients regarding suspicious notices they have received in the mail. The official-looking notices demand exorbitant fees for the filing of annual statements or the drafting of corporate minutes and threaten loss of corporate status for failure to comply. THESE… >> READ MORE

Regular readers of our blog may recall that several weeks ago we posted an item about misleading solicitations being sent to California small businesses. These official-looking notices demand exorbitant fees for the filing of annual statements or the drafting of corporate minutes and threaten loss of corporate status for failure to comply. The Secretary of State’s office has issued a new Customer Alert to inform the public that the… >> READ MORE

We are pleased to welcome Chere Estrin, editor-in-chief for SUE and KNOW magazines, as a special guest blogger. Please read on for the final  installment of Chere’s five-part blog series on trends in the paralegal profession. Please look back over the last several weeks’ posts to read parts one through four. Trend Number Five:  Regulation for Paralegals At least 12 states have passed or seriously debated regulating paralegals.… >> READ MORE

If you run a Florida corporation, your year has started off with a series of legislative updates that could potentially impact your business. On January 1, 2020, Florida House Bill 1009 took effect, revising the Florida Business Corporation Act and affecting almost every section of the law, in many cases, substantially. Below are just a few of the revisions which took effect cited from Florida Statutes Chapter 607. DOCUMENT CORRECTIONS Corrections… >> READ MORE

We are pleased to welcome Chere Estrin, editor-in-chief for SUE and KNOW magazines, as a special guest blogger. Please read on for the first installment of Chere’s five-part blog series on trends in the paralegal profession. Remember when corporations were trusted entities, jobs were had by a quick reference check (or none at all) and anyone who wanted to, could call themselves a paralegal? Recent trends moving the business world… >> READ MORE

We are pleased to welcome Chere Estrin, editor-in-chief for SUE and KNOW magazines, as a special guest blogger. Please read on for the fourth installment of Chere’s five-part blog series on trends in the paralegal profession. Please look back over the last several weeks’ posts to read parts one through three. Trend Number Four: E-Discovery Unless you completed your first day in paralegal school only yesterday, you must know about… >> READ MORE

This is a question that comes up in the due diligence process and is an important one to consider as you fulfill your lien and corporate search requirements when qualifying new candidates for loans and also as you monitor your perfected security interests going forward. When conducting a search on a legal entity, such as a Corporation, LLC or Trust, should a search be conducted on the officers, members and/or trustees? The answer depends… >> READ MORE

Just a reminder to our readers that the Delaware annual fee for Limited Liability Companies, Limited Partnerships and General Partnerships formed or registered in Delaware is due Monday, June 1 by 11:45 pm. You can pay the fee here at the Delaware SOS website. If you need assistance or more information, please contact First Corporate Solutions team for assistance. >> READ MORE

Rejected documents cost filers valuable time and money. I hope that you’ve had the opportunity to review our previous blog posts addressing common mistakes on UCC1 Financing Statements and UCC3 Change Statements. In this post, we will discuss common reasons for the rejection of Corporate Documents. A Corporate Document can be rejected for a variety of reasons. Here is a list of some common reasons a state might reject a Corporate Document: Name… >> READ MORE

So far, our blog series on Apostilles has addressed four common questions regarding Apostille certification: What is an Apostille? What documents can receive Apostille certification? When does a document need an Apostille? And where is the Apostille Convention in effect? Herein we will answer one final question: Where can I obtain an Apostille certification for my document? Every nation that is a party to the Apostille Convention has… >> READ MORE