Risk Management Blog

Having an agent to receive service of process (SOP) is not limited just to the formation or qualification of a business. Agents for SOP may be required in cross-border loan transactions or when registering with government agencies other than a Secretary of State or an equivalent special agency. Below we break down the different agent representation and their purposes. Companies forming or qualifying to do business are required to appoint… >> READ MORE

First Corporate Solutions is pleased to present our eBook entitled Purchase Money Security Interests: Purchase Money Rules in Equipment and Inventory. Authored by Attorney Bennett L. Cohen of Cohen, Salk & Huvard, P.C., this eBook provides answers to all of your PMSI related questions including: How is a PMSI created? What obligations qualify as a PMSI? Does a PMSI in inventory prime a previosuly perfected interest in accounts? How… >> READ MORE

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 seventh and final installment of Bennett’s seven-part blog series on Purchase Money Security Interest in Equipment and Inventory. Frequently Asked Question #8: Does a Borrower Obtaining Purchase Money Financing Create a Default Under the Security Agreement Between the Borrower and its Blanket Lien… >> READ MORE

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

So you’ve done your lien searching and entity verification, you’ve searched the courts for pending litigation and bankruptcies, and you’ve perfected your security interest by filing your Financing Statement…now what? Post-filing due diligence is just as important as all the searching you do pre-filing to qualify a new debtor. In fact, why go to all the trouble to investigate a potential new debtor’s credit worthiness, and decide… >> READ MORE

Does your law firm or corporation spend precious time searching for Secretary of State online business entity search pages? Trying to locate the appropriate webpage to execute this simple action can lead you through various departments, advertisements, and state pages not related to satisfying your Business Entity Status search need. First Corporate Solutions, Inc. (FCS) has simplified this process by creating our Business Entity Research… >> READ MORE

We are building resources for you!  This week we have added web-links to all the Attorney General offices under our Resources page.  Much like our Secretary of State links webpage from last week, you do not have to conduct multiple searches for Attorney General websites to find what you need anymore.  We have it all on one page. Please let us know what government agencies you search most so that we can prioritize adding them. You… >> READ MORE

Banking and Financial Institution Government web pages are now in one place for all 50 states and Washington, DC. The world of financial licensing, laws, and regulations continues to increase. And though we do not directly work with these specific license types, we know the majority of our clients do. For this reason, this week we have added weblinks to all the State Banking and Finance Divisions across the country. Much like other… >> READ MORE

Looking for Department of Revenue web pages for any of the 50 states and DC? We know the majority of our clients are at some point. For this reason, this week we have added weblinks to all the Departments of Revenue across the country. Much like other 50 state links we have been adding, you do not have to conduct multiple searches for websites to find what you need. We have it all on one page. Whether you are searching for information… >> READ MORE

Getting organized, eliminating clutter, consolidating and streamlining. We’ve all heard these buzz words, we’ve all worked towards accomplishing them. When something pops up that helps us do these things, we take advantage. Every little time saver helps as life around us gets faster and faster. Here at FCS it’s the same. As a service company, we’re committed to constantly striving to help our customers increase efficiencies while… >> READ MORE