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Kacy Flowers

Recent Posts

Common Naming Rules for Formations & Foreign Qualifications

When a formation or foreign qualification document is submitted for filing, the filing office will perform a thorough review of the document before accepting it into the state’s records. One of the first things the state looks at is the business name

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3 Good Reasons to Include Similar Names With Your UCC Searches

When requesting a UCC search as part of a pre-funding due diligence investigation, do you ask your service provider to report filings found under similar names? What if you are self-searching using an online system, do you employ flexible

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Did Your Client Miss the Delaware Tax Deadline?

The June 1, 2016 deadline for Delaware Alternative Entities (i.e. LLC, LP and GP) to pay their annual tax for 2015 has come and gone. This year, like every year, countless entities have missed the deadline and are now delinquent

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Before You Ignore Those Terminated UCCs – PLEASE READ THIS!

When reviewing UCC search results as part of a pre-funding due diligence investigation, it may be your first inclination to ignore a UCC that has a termination listed, assuming that the UCC record is no longer a factor in determining priority.

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5 Foreign Qualification Pitfalls & How to Avoid Them

Coordinating a foreign qualification project requires careful planning and a keen attention to detail. Here is a brief overview of the top 5 pitfalls of foreign qualification projects and some tips for how to avoid them. 

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Important Change to California LLC Statements of Information

Effective May 3, 2016, the California Secretary of State has released updated Limited Liability Company Statement of Information (LLC-12) Forms.

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Is UCC E-Filing Right for your Organization?

These days, nearly every state filing office accepts some form of electronic filing (E-filing) for UCC documents, often either through xml transmission or a fillable web form. Some states are even beginning to mandate E-filing for UCCs.

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Mailing of Delaware LLC, LP and GP Tax Notices Delayed

Due to the Delaware Division of Corporations' implementation of a new computer system, mailing was delayed for their 2015 tax notices for Limited Liability Companies (LLCs), Limited Partnerships (LPs) and General Partnerships (GPs).

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The ABCs of Post-Closing Due Diligence

After funding a deal and filing a UCC Financing Statement, it's critical  to keep an eye out for post-closing events that could jeopardize your ability to collect. CLAS suggests following the ABCs of post-closing due diligence to protect your priority

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CLAS's One-Rate™ Pricing Helps Client Save Big

"Thank you so much! I will definitely be using CLAS for my next audit. Everything was on time and came in way under budget. You guys are the best!"   - Grace L., Portfolio Manager

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