Nevada legislators voted in the state’s 81st legislative session to expand the scope of permitted forum selection clauses in a corporation’s articles of incorporation or bylaws, which could have the result of permitting a corporation’s articles or bylaws to require
Wyoming lawmakers approved a DAO Supplement to the state’s LLC Act during the 2021 session authorizing and providing a business structure to decentralized autonomous organizations (DAOs), the first such law in the nation. The new law, effective as of July
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
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 allows Georgia
As business transactions pick up speed after a slow 2020 and legal teams begin to adapt, CSC is pleased to announce the 2021 edition of our foreign qualification guide, “Doing Business Outside Your State,” an excerpt from our definitive desk
“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…
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.
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 make
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.
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 a