Risk Management Blog

When evaluating lien monitoring programs, programs that are designed to monitor your Financing Statements for lien filings that can prime your perfected security interest, it is important to recognize that many states do not maintain records of Federal Tax Liens or Judgment Liens Attached to Real Property at the state-level filing office. Nevertheless, these liens have the potential to prime a perfected security interest. That’s why,… >> READ MORE

Many agreements, such as contract and loan agreements, require the appointment of a Registered Agent to receive Service of Process or a notice from one party to another, and to deliver the documents to the various parties as soon as possible. Service of Process under a loan agreement and other legal contracts are critical correspondence that should be handled by a professional Registered Agent to ensure the documents are expeditiously delivered… >> READ MORE

In March 6, 2017 the Massachusetts (MA) Supreme Judicial court held that a MA director’s duty is owed solely to the corporation. However, the duties may be owed among shareholders in small corporations and when “a controlling shareholder who also is a director proposes and implements a self-interested transaction that is to the detriment of minority shareholders.” The decision, which is a result of IBEW Local No. 129 v. Tucci, is… >> READ MORE

The National Association of Legal Assistants (NALA) held its annual educational conference last week at the Hilton St. Louis at the Ballpark. We are proud to have attended once again with friends, partners, familiar faces and new acquaintances. NALA is the leading paralegal association in the U.S. whose mission is to provide continuing education and professional development programs to all paralegals. If you attended this year’s conference… >> READ MORE

At First Corporate Solutions one of our guiding principles is to cultivate an environment that encourages ideas and questions the status quo. As part of that mission we are excited to announce the commissioned mural by local artist Jake Castro on the exterior of our corporate office in Sacramento. Having earned a BFA from the Art Institute of Chicago and 14+ years of experience, Castro’s work is a mix of kinetics and geometry that highlights… >> READ MORE

We are proud to have exhibited once again at the 28th annual California Escrow Association (CEA) NorCal Conference, Yo Ho Ho, an Escrow Life for Me! The conference ran from July 20th-21st at the Marriott in San Ramon and hosted a mix of Escrow Officers from around the state. Our Vice President of Strategic Relations, Chris Cerruti, tabled the event to offer information on our products and services that support Bulk Sale Escrow Officers,… >> READ MORE

One of the most critical functions of a Registered Agent is to provide real time access to critical information related to service of process. Registered Agents are your first line of defense in protecting your organization and clients from unfortunate results including default judgments. What criteria can help you choose the right Registered Agent wisely? Does your RA offer years of experience in handling the most sensitive documents… >> READ MORE

Providing a registered agent for service of process (SOP) when completing business entity filings is often required. Whether it is a commercial registered agent or noncommercial registered agent impacts how the filing is completed. For example, when appointing commercial registered agents, the filer is not required to provide an address in some states; it is always required of noncommercial agents. Commercial agents also file registered… >> READ MORE

First Corporate Solutions (FCS) is exhibiting at the 2018 National Asian Pacific American Bar Association (NAPABA) Convention in Chicago! The four-day event offers legal professionals’ access to various seminars, updates, and networking opportunities. NAPABA represents the interests of almost 50,000 attorneys and more than 80 national, state, and local Asian Pacific American bar associations. Its members include solo practitioners,… >> READ MORE

Several of our team members are hitting the road to attend conferences this month. Want to discuss your public records needs? You have the opportunity to address them in-person at the following events. We are excited to participate in the California Escrow Association’s (CEA) 63rd Annual Education Conference in Anaheim, from Oct. 11th-13th, 2018! The vision of the CEA is to empower and support escrow settlement agents through… >> READ MORE