Delaware LLC

LLCs are useful vehicles in several different areas of law, including commercial real estate finance, yet the best practices for drafting LLC operating agreements are unfamiliar to attorneys who are not involved in what is “under the hood” of the LLC. What provisions are included in, or left out of an operating agreement lay out […]

According to the US Copyright Office, “Copyright protects original authorship fixed in tangible form.” This means that once filed, a copyright gives the claimant the exclusive right to publish, distribute and reproduce specific text, artwork, music, audio/visual material, etc. A person or company can only hold copyright to something if it is in a recorded […]

What is a Communications Contact for a Delaware LLC? Before these 2014 amendments, legislation passed in 2007 that stated every Delaware LLC must provide to its commercial registered agent, the name and contact information of “a natural person who is a member, manager, officer, employee or designated agent of the limited liability company”¹ who is […]

The organizational jurisdiction opinion letter is a letter from the borrower’s attorney to the Lender to ensure the borrower is organized correctly and that the loan documents will bind the borrower as the Lender intends. It confirms that a company is organized as a Delaware entity and has the authority to do the business contemplated […]

Recently at the registered agent quarterly meeting, the Secretary of State announced to Delaware Incorporation Agents it does not allow the word “marijuana” in the name of businesses formed in the state. Delaware informed the agent community that the word “marijuana” would only be acceptable with the word “medicinal” next to it. Their rationale was […]