Purchase Money Security Rules in Equipment and Inventory – Part One
Corporate, Due Diligence Something
We are pleased to welcome attorney, Bennett L. Cohen of Cohen, Salk and Huvard, P.C., as a special guest blogger. Please read on for the first installment of Bennett’s seven-part blog series on Purchase Money Security Interest in Equipment and Inventory.
We are routinely fielding questions from loan officers about the mechanics of purchase money security interests in inventory and equipment. Lenders find themselves on both sides of… >> READ MORE
Purchase Money Security Rules in Equipment and Inventory – Part Four
Corporate, Due Diligence Something
We are pleased to welcome attorney, Bennett L. Cohen of Cohen, Salk and Huvard, P.C., as a special guest blogger. Please read on for the fourth installment of Bennett’s seven-part blog series on Purchase Money Security Interest in Equipment and Inventory.
The Official Comment to Section 9-324 contains the following examples which demonstrate the application of the priority rules as they affect proceeds of inventory constituting accounts:
"9.… >> READ MORE
Purchase Money Security Rules in Equipment and Inventory – Part Five
Corporate, Due Diligence Something
We are pleased to welcome attorney, Bennett L. Cohen of Cohen, Salk and Huvard, P.C., as a special guest blogger. Please read on for the fifth installment of Bennett’s seven-part blog series on Purchase Money Security Interest in Equipment and Inventory.
Frequently Asked Question #5: How Does a Lender Obtain a Purchase Money Security Interest in Equipment?
A purchase money secured party who finances specific equipment for a borrower… >> READ MORE
Do you know State of Delaware Offers Preclearance Corporate Filing Service?
Corporate Something
For those of you who have never used the preclearance corporate filing service in Delaware, it really is a handy way to make sure you have drafted your document correctly. This service is particularly useful for documents that need to be processed as a rush, as you can be assured you will not encounter any problems or rejections once submitted.
The state offers three tiers of preclearance service: routine, 24-hour, and 2-hour.
The… >> READ MORE
[Important] Delaware SOS Website To Be Closed For Major Conversion
Corporate Something
The Delaware Division of Corporations office will be closed Friday, September 4, and will reopen on Tuesday, September 8.
The reason for the closure is to implement a major computer system conversion over Labor Day weekend. The upgrade to its imaging, workflow and data systems will allow enhanced services and products and be its first major overhaul since 1989. You can read what is posted on the Delaware Secretary of State’s website… >> READ MORE
Fraud Alert: Watch out for Misleading Corporate Filing and Renewal Solicitations
Corporate Something
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
FRAUD ALERT: Watch out for Misleading Corporate Filing and Renewal Solicitations – UPDATE
Corporate Something
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
Five Trends Guaranteed to Change the Face of the Paralegal Profession, Part Five
Corporate Something
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
Florida Corporations Beware: Here’s what you need to know in 2020
Corporate Something
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
Five Trends Guaranteed to Change the Face of the Paralegal Profession, Part One
Corporate Something
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
