Maryland lawmakers approved an amendment that permits entities to bring an internal corporate claim in specified circuit courts of Maryland or a federal court sitting in Maryland, or in courts sitting in one or more jurisdictions outside the state. The purpose...
New York lawmakers approved amendments that will allow New York business entities to receive service of process through electronic means starting January 1, 2023. According to the new legislation, New York corporations, associations, limited liability companies...
Florida’s General Assembly amended several sections of the Florida Business Corporation Act (FBCA) to address concerns raised by corporations and the legal community in the wake of the 2019 overhaul of the FBCA. The new legislation: Clarifies the definition...
Georgia legislators approved several statutory changes during the 2021 legislative session, including new provisions that allow for remote meetings and a new tax option for privately owned S-corporations that could reduce their federal tax liability. A new provision...
The Virginia Assembly amended the state’s business laws during the 2021 session to align alternative entity filings with comparable filings for stock corporations. The changes came in the wake of a comprehensive update of the Virginia Stock Corporation Act during...
There are key differences between Texas and Delaware LLC law that business attorneys must consider when choosing entity type and jurisdiction for large transactions. In an upcoming complimentary CLE* webinar, Texas business attorney Byron Egan of Jackson Walker...
Illinois businesses with 100+ employees (or 50+ employees if a federal contractor) will need to include employment data with their annual reports starting January 1, 2023. The Illinois legislature enacted the amendment to the state’s Business Corporation Act to...
If you plan to do business outside the jurisdiction where your entity is formed, you may need to qualify there as a “foreign” corporation. Most states have laws that require entities to qualify to legally conduct business in their state. This typically involves...
“2020 was an unexpectedly busy year for the Massachusetts courts as those courts’ personnel made genuinely heroic efforts to continue providing essential services and access to justice during a global public health crisis,” writes Massachusetts attorney Kurt Hemr...
Business and legal professionals rely on case law to understand how judges interpret the business laws in their state. New cases can provide important insight and have the potential to impact client activity, business transactions, and disputes. CSC publishes...
What does it mean to qualify to do business in a foreign state? What happens if a company doesn’t qualify? Qualification can be tricky, and the consequences of getting it wrong can be expensive. To help legal and business professionals better understand doing...
Legal and business professionals need to stay on top of new case law and legislative changes in their jurisdictions to advise clients and complete transactions. The 2021 Edition of Connecticut & Rhode Island Laws Governing Business Entities Annotated provides...
In an all-new Special Commentary to the 2021 Spring edition of CSC’s Delaware Laws Governing Business Annotated , attorneys Christopher Kelly and Daniel Rusk of Potter Anderson and Corroon LLP explore the far-reaching ramifications of the Delaware Court of...