Delaware LLC Filing News 2021

IT’S OFFICIAL, WE’RE NOW IN THE FINAL STRETCH OF 2021! Thank goodness! As corporate legal professionals know quite well, every year-end can be stressful. It is imperative to allow for sufficient time to process your filings, when holidays, weather and the end of the calendar year create roadblocks. Timing is key when it comes to […]

The Evolution of Business Filings

Looking back, it’s interesting to see how business filings have changed. In today’s post, I reflect on past developments and ideate on the future of business filings. Yesterday, Roughing it In the late 1980’s, when I was an entry-level corporate paralegal, there were three ways to file state business filings, not in this particular order: […]

Delaware Protected vs. Registered Series LLC

Delaware is one of seventeen states[1], along with the District of Columbia and Puerto Rico, that allow limited liability companies (LLCs) to create different series (or cells). Sec. 18-215 of the Delaware LLC Act (the “Act”) established the right of each series to have its own purpose, members, managers, assets, rights, powers and duties. It […]

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