CLASNotes Blog

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.

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. 

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

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.

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).

"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

Tax lien searching can be confusing. There are a lot of variables to consider and CLAS has found that our clients have questions. Here are answers to our most commonly asked questions on tax lien searching:

I hope you have had the opportunity to read the first two installments of our Beginner's Guide to Annual Reports blog series, Part One: The Annual Report Requirement and Part Two: Filing an Annual Report. In this, our final installment,

Effective December 1, 2015, the Delaware Division of Corporations will require that all UCC filings be submitted to its office electronically; paper UCC filings submitted via mail, courier or fax will no longer be accepted for filing.