Incorporation Specialist Blog

The main advantage in converting to Delaware rather than dissolving your existing LLC and forming a new one is that all business relationships, existing contracts, age of the business and credit history remain in-tact. If you choose to form a new LLC and dissolve the old one, you are starting anew at the state level. […]

Before the stock split was unveiled, a few preparations had to be made in the boardroom and with their corporate legal counsel. Google’s attorneys had to file an Amendment to its Certificate of Incorporation with the state of Delaware changing the number of shares it was authorized to issue. (See image below of the original […]

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 […]