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Aug 7

August 7, 2017

Extensive changes enacted to Illinois Limited Liability Company Act

Extensive changes enacted to Illinois Limited Liability Company Act

More than 70 business entity statutes were added or amended by the Illinois legislature during the latest legislative session, including extensive changes to the state’s Limited Liability Company Act. The 2017 Edition of Illinois Laws Governing Business Entities captures these and other changes made during the 2017 legislative session. The amended LLC Act, which became effective July 1, 2017, aligns the state’s LLC law more closely with the Revised Uniform Liability Company Act promulgated by the National Conference of Commissioners…
Jul 5

July 5, 2017

Important Massachusetts court decision highlights state’s perspective on corporate governance

Important Massachusetts court decision highlights state’s perspective on corporate governance

In its seminal decision on March 6, 2017 regarding EMC’s merger with Dell, IBEW Local No. 129 v. Tucci, the Supreme Judicial Court clarified the question of directors’ fiduciary duty under Massachusetts corporate law and resolutely distinguished the law of Massachusetts in this area from the law of Delaware. The just-released 2017 Edition of Massachusetts Laws Governing Business Entities includes a special section with in-depth analysis of the impact of the case and the duties now required of Massachusetts corporate…
Jun 14

June 14, 2017

Avoid those “call the carrier” moments: Find out if you need to qualify to do business outside your state

Avoid those “call the carrier” moments: Find out if you need to qualify to do business outside your state

Avoid those “call the carrier” moments: Find out if you need to qualify to do business outside your state In a recent webinar on qualifying to do business in foreign states, Florida attorney Alan Aronson shared this thought: “If you keep on disregarding the potential consequences of failing to qualify, I recommend you have your insurance carrier on speed dial.” Why? Because companies that fail to qualify risk a host of potentially adverse consequences, ranging from monetary fines and penalties…
May 11

May 11, 2017

CSC® Publishing’s Delaware LLC Treatise is an essential resource for business attorneys around the country

CSC® Publishing’s Delaware LLC Treatise is an essential resource for business attorneys around the country

Delaware Limited Liability Companies continue to be the entity of choice for companies around the country and the world. Business attorneys need a comprehensive resource to help them best leverage these entities when completing transactions and understanding how the statute has been interpreted in the courtrooms. Symonds & O’Toole on Delaware Limited Liability Companies—referred to in a Delaware Court of Chancery decision as “the leading Delaware LLC treatise”—offers workable solutions for even the most complex transactions and practical insight into…
Apr 26

April 26, 2017

New case notes provide insight for New York business law

New case notes provide insight for New York business law

Business attorneys working with New York entities need a comprehensive resource to stay on top of legislative changes and new case law in the State. CSC®Publishing’s New York Laws Governing Business Entities is that resource, providing corporate attorneys and in-house counsel with the latest changes to business laws and the most up-to-date annotations from New York state and federal courts. The Spring 2017 Edition is updated through Chapter 7 of the 2017 Session, including updates to the Not-for-Profit Corporation Law…
Apr 24

April 24, 2017

CSC’s Delaware deskbook keeps readers current on important case law

CSC’s Delaware deskbook keeps readers current on important case law

For legal and business professionals, understanding how courts interpret Delaware’s business laws is critical to successfully managing their companies and executing transactions. Delaware is a leading domicile for U.S. and international business entities, and is known worldwide for its judicial system and the judges that decide its corporate cases. CSC®Publishing releases its flagship publication Delaware Laws Governing Business Entities, twice a year, to ensure that practitioners are working with the most up-to-date statutory information and have access to the very…
Apr 14

April 14, 2017

CSC® Publishing releases new annotated business statutes collection for the state of Washington

CSC® Publishing releases new annotated business statutes collection for the state of Washington

CSC® Publishing is pleased to introduce the newest addition to our annotated statutory deskbook library: Washington Laws Governing Business Entities. This comprehensive resource provides corporate attorneys and in-house counsel in Washington and the Northwest with up-to-date business entity statutes and case law that needed to conduct research, complete transactions, and advise clients. This 2017 Edition features all legislative changes made during the 2016 Washington legislative session, as well as the latest new case notes from state and federal courts interpreting the…
Apr 7

April 7, 2017

CSC® Publishing expands its jurisdiction library with new  annotated business statutes collection for Connecticut and Rhode Island

CSC® Publishing expands its jurisdiction library with new annotated business statutes collection for Connecticut and Rhode Island

CSC® Publishing is pleased to introduce the inaugural 2017 edition of Connecticut & Rhode Island Laws Governing Business Entities. With up-to-date annotated business entity legislation for Connecticut and Rhode Island, as well as other valuable features that make your legal research faster and more efficient, this all-new publication is a valuable resource for the legal and business communities in the New England area. Our legal editors are careful to include a comprehensive scope of annotated business laws, selected Uniform Commercial Code…
Feb 27

February 27, 2017

Major changes to Pennsylvania’s laws on partnerships and LLCs

Make sure you have the latest statutes with CSC®Publishing’s 2017 Pennsylvania Laws Governing Business Entities The Pennsylvania legislature overhauled the state’s laws on unincorporated entities during its 2016 session, making extensive changes designed to modernize the way the state does business. This comprehensive revision of PA law on partnerships and LLCs was signed by legislators into law as Act 2016-170 in late November, and takes effect on February 21, 2017. The Act revises the laws on partnerships and LLCs, expands…
Jan 17

January 17, 2017

Delaware LLC Treatise Cited in Recent Chancery Court Decisions

Delaware LLC Treatise Cited in Recent Chancery Court Decisions

A recent Delaware Court of Chancery ruling about a non-member’s rights to inspect a Delaware limited liability company’s (LLC) books and records cited Symonds & O’Toole on Delaware Limited Liability Companies (DLLC) in its decision. In Tafaro v. Innovative Discovery LLC, 2016 Del. Ch. LEXIS 190 (Del. Ch. Oct. 31, 2016), the Court found that “even assuming the Amended Agreement could grant books and records inspection rights to non-members under the statute, it does no such thing. Instead, this provision…