March 28, 2016

April 2016 State Holidays

Please note state filing offices occasionally make last-minute changes to their holiday closing schedules. We will update this list as we become aware of any such changes. Date State(s) Holiday Friday, April 16 DC Emancipation Day Monday, April 18 MA, ME Patriots Day Monday, April 25 AL, GA, MS Confederate Memorial Day Friday, April 29
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Mailing of Delaware LLC, LP and GP Tax Notices Delayed

Due to the Delaware Division of Corporations’ implementation of a new computer system, mailing was delayed for their 2015 tax notices for Limited Liability Companies (LLCs), Limited Partnerships (LPs) and General Partnerships (GPs). Traditionally sent at the end of February, 2015 tax notices are scheduled to be mailed the week of March 21, 2016. Despite
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Help CLAS Help You – Complete Our Online Survey!

If you are a current CLAS client or have worked with CLAS in the past – we want to hear from you! As part of our pursuit of excellence, we ask that you please take a moment to complete our short Client Satisfaction Survey. Your confidential responses will help us understand your preferences and improve
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The ABCs of Post-Closing Due Diligence

  After funding a deal and filing a UCC Financing Statement, it’s critical  to keep an eye out for post-closing events that could jeopardize your ability to collect. CLAS suggests following the ABCs of post-closing due diligence to protect your priority for the life of your loan. Always Perform a Search to Reflect A search
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CLAS’s One-Rate™ Pricing Helps Client Save Big

“Thank you so much! I will definitely be using CLAS for my next audit. Everything was on time and came in way under budget. You guys are the best!”   – Grace L., Portfolio Manager Grace recently needed to perform a large group of searches as part of a quarterly audit for one of her portfolios.
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California Bill Seeks to Change Statement of Information Due Dates

In early 2015, California Assemblymember Cheryl R. Brown introduced Assembly Bill 871 (AB-871), which seeks to change the filing period for when business entities in California file their annual report, known in California as a Statement of Information. Currently, Statement of Information due dates are tied to the entity’s date of formation. Under existing California
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