Illinois Expands Types of Entity Conversions Permitted

By passing the Illinois Entity Omnibus Act (805 ILCS 415, effective July 1, 2018), Illinois is joining the many states who have adopted laws ...

Entity Name Considerations

Choosing a name can be one of the most important decisions a company can make. After considering the business and marketing implications of a ...

The Pros & Cons of Using Assumed Names

Sticks and Stones May Break Your Bones, but Names Can Never Hurt You You’ve formed your legal entity and filed all the required legal documents ...

Publication and County Recordation: Post-Filing Tasks to Remember

Recently, my now adult children have taken to shooing me out of the kitchen after holiday meals and tackling the chore of post-dinner clean-up ...

Conversions: Changing company Type or Moving to a New State

Sometimes we may embrace it, sometimes we may dread it, but there is no escaping change. Like people, companies undergo many changes throughout ...

What a Certificate of Good Standing Does and Does Not Tell You (Update)

When a corporation or limited liability company is involved in a transaction, the opinion letter usually makes a representation as to the ...

5 ways companies can lose good standing

Once an entity is formed or registered to do business in a given state, there are a few things it needs to do to maintain “good standing” ...

Getting Document Signatures Right: It’s Not as Easy as You Think!

How to Assess and Correct Defective Corporate Acts

In April 2014, Delaware became the first state to enact amendments to address issues related to “defective” corporate actions that initially ...

How Do I Form and Register My Company Nationwide?

Congratulations! After all of your hard work and belief in your product, you’re finally getting your big break. Private equity investors are ...