Small Business Reading Room

Friday, June 21, 2013

Same Day Processing Service Alert: Unavailable June 21, 2013

Same day processing service is not available for corporate filings today, Friday, June 21, 2013, due to a Division of Corporation’s event.

This has no effect on Delaware Intercorp, Inc.’s ability to make filings today received during normal business hours to secure today’s filing date. Online filings are usually made within an hour. The processing time with which your documentation will be returned to us by the Delaware Division of Corporations will depend on the level of service you select. Normal processing filings are typically completed within 2-4 business days. If you select same day expedited service today, the Delaware Division of Corporations will not be able to return the stamped copy of the document today.

Questions regarding processing times? Our team is here to assist you. Call us at 1.888.324.1817 or 302.266.9367, or email info@delawareintercorp.com.

posted by Robin at 11:34 AM - permalink 0 comments

The legislative session in Dover will be wrapping up soon- you had better know what is happening in Delaware Corporate Law!

The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters.

Here's the latest edition:

The following Legislation affecting Title 12 - Decedents' Estates and Fiduciary Relations, Title 18 - Insurance Code, and Title 25 - Property was acted upon by the General Assembly on 6/20/2013:

SB 138 w/SA 1, SA 2
Title: AN ACT TO AMEND TITLES 12, 18, AND 25 OF THE DELAWARE CODE RELATING TO FIDUCIARY RELATIONS, INSURANCE, AND PROPERTY.

Synopsis:
This bill proposes changes to Estate Law in Delaware.

Bill History:

Jun 20, 2013 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 20, 2013 - Amendment SA 2 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 20, 2013 - Amendment SA 1 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 20, 2013 - Reported Out of Committee (BANKING) in Senate with 4 On Its Merits
Jun 20, 2013 - Amendment SA 2 - Introduced and Placed With the Bill in Senate
Jun 18, 2013 - Amendment SA 1 - Introduced and Placed With the Bill in Senate
Jun 14, 2013 - Assigned to Banking Committee in Senate

The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 6/18/2013:

HB 123
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY PARTNERSHIPS.

Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.

Bill History:

Jun 18, 2013 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 4 Favorable, 7 On Its Merits
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House

HB 124
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED PARTNERSHIPS AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED PARTNERSHIPS.

Synopsis:
This bill continues the practice of amending periodically the Delaware Revised Uniform Limited Partnership Act (the "Act") to keep it current and to maintain its national preeminence.

Bill History:

Jun 18, 2013 - Passed by Senate. Votes: Passed 20 YES 0 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 4 Favorable, 7 On Its Merits
May 08, 2013 - Introduced and Assigned to Judiciary Committee in House

The following Legislation affecting Title 6 - Commerce and Trade was acted upon by the General Assembly on 6/04/2013:

HB 126
Title: AN ACT TO AMEND CHAPTER 18, TITLE 6 OF THE DELAWARE CODE RELATING TO THE CREATION, REGULATION, OPERATION AND DISSOLUTION OF DOMESTIC LIMITED LIABILITY COMPANIES AND THE REGISTRATION AND REGULATION OF FOREIGN LIMITED LIABILITY COMPANIES.

Synopsis:
This bill continues the practice of amending periodically the Delaware Limited Liability Company Act (the "Act") to keep it current and to maintain its national preeminence.

Bill History:

Jun 18, 2013 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 3 Favorable, 8 On Its Merits
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House

The following Legislation affecting Title 8 - Corporations was acted upon by the General Assembly on 6/18/2013:

HB 127
Title: AN ACT TO AMEND TITLE 8 OF THE DELAWARE CODE RELATING TO THE GENERAL CORPORATION LAW.

Synopsis:
This bill continues the practice of amending periodically the Delaware General Corporation Law (the "DGCL") to keep it current and to maintain its national preeminence.

Bill History:

Jun 18, 2013 - Passed by Senate. Votes: Passed 21 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
Jun 12, 2013 - Reported Out of Committee (JUDICIARY) in Senate with 4 On Its Merits
Jun 04, 2013 - Assigned to Judiciary Committee in Senate
Jun 04, 2013 - Passed by House of Representatives. Votes: Passed 41 YES 0 NO 0 NOT VOTING 0 ABSENT 0 VACANT
May 15, 2013 - Reported Out of Committee (JUDICIARY) in House with 3 Favorable, 8 On Its Merits
May 09, 2013 - Introduced and Assigned to Judiciary Committee in House

posted by Unknown at 11:00 AM - permalink 0 comments

Monday, June 17, 2013

President Obama Proclaims National Small Business Week

SBA New Release:

President Barack Obama hailed small business owners as the economy’s engine and our biggest source of new jobs. The President declared June 16-22, as National Small Business Week and stated, “America’s small businesses reflect the best of who we are as a Nation—daring and innovative, courageous and hopeful, always working hard and looking ahead for that next great idea.”

The President’s proclamation was issued before the U.S. Small Business Administration’s annual observance of National Small Business Week. This year marks the 50^th anniversary with events being held in Seattle, Dallas, St. Louis, Pittsburgh and Washington, D.C. Each city will offer tips, tools and trainings for small businesses to start, succeed and grow. Also, in Washington, D.C., June 21, award winners from across the country, Puerto Rico, Guam and the U.S. Virgin Islands will be recognized for their accomplishments.

The President’s proclamation states:

“In America, we believe that anyone willing to work hard and take risks can get their good idea off the ground and into the marketplace. It is a notion that has made our Nation bold and bright, and the best place to do business for generations -- from small-town storefronts to pioneering startups that keep our country on the cutting edge. This week, we celebrate America's entrepreneurial spirit, and we recommit to helping our small businesses get ahead.”

“My Administration has been a proud partner in that important work from day one. We have cut taxes for small businesses 18 times, broadened their access to capital, and provided billions in loans so they can grow and hire. We have helped companies break into new markets abroad and export their products all over the world. Every step of the way, we have focused on making Government work better for business through initiatives like Startup America and BusinessUSA -- groundbreaking programs that connect entrepreneurs to resources that can spur their success.”

“Together, we can build on that progress. At a time when abusive patent litigation is stifling economic growth and putting companies of all sizes at risk, my Administration is taking action to protect innovators and keep our patent system strong. To create more opportunities for small businesses to compete and win in the global marketplace, we are moving forward on a Trans-Pacific Partnership that will boost our exports and level the playing field for American workers. We are implementing the Affordable Care Act so small businesses can make quality, affordable health insurance available to all their employees. And in the months ahead, we will continue pushing for tax reform that supports small businesses and keeps them at the forefront of our economic recovery.”

“America's small businesses reflect the best of who we are as a Nation -- daring and innovative, courageous and hopeful, always working hard and looking ahead for that next great idea. They are our economy's engine and our biggest source of new jobs. So this week, as entrepreneurs across our country keep striving to turn their dreams into reality, let us keep investing in them and doing everything we can to help our small businesses succeed.”

“As the President reminds us in his proclamation, small businesses are the engine of our economy and our biggest source of new jobs,” said SBA Mid-Atlantic Regional Administrator Natalia Olson-Urtecho, who is emcee for the Pittsburgh leg of National Small Business Week. “So, we at SBA continue to support these courageous entrepreneurs through our ‘Three C’s and a D,’ Capital, Contracts, Counseling, and Disaster loans, and will strive to keep them on the path to success.”

The full text of the President’s National Small Business Week proclamation can be found at:

http://www.whitehouse.gov/the-press-office/2013/06/14/presidential-proclamation-national-small-business-week-2013

Every year since 1963, the U.S. Small Business Administration takes the opportunity to highlight through National Small Business Week the impact of outstanding entrepreneurs, small business owners, and others from all 50 states and U.S. territories. This year’s events will be held June 17-21, in Seattle, Dallas, St. Louis, Pittsburgh and Washington, D.C. offering tips, tools and trainings for small businesses to start, succeed and grow. In addition to in-person events, small business owners can participate in online-only panel discussions on hot topics like social media and business financing starting daily at 4pm ET. All events, in-person and online, will be streamed live on www.sba.gov/smallbusinessweek. Also visit this site for a full schedule of events and additional information.

The event hashtag is #SBW2013.

Small Business Week 2013 sponsors include: Northrop Grumman, Raytheon, Microsoft, National Association of the Self Employed (NASE), Arlington Texas Chamber of Commerce, AT&T, ADP, Western Pennsylvania Small Business Network, Staples, Dun & Bradstreet Credibility Corp., Visa, Women Impacting Public Policy, Lockheed Martin, National Association of Government Guaranteed Lenders, Business Forward and Office Depot.

The U.S. Small Business Administration’s participation in this cosponsored activity does not constitute an express or implied endorsement of any cosponsor’s, donor’s, grantee’s, contractor’s or participant’s opinions, products, or services. All SBA programs and cosponsored programs are extended to the public on a nondiscriminatory basis. Reasonable arrangements for persons with disabilities will be made, if requested at least 2 weeks in advance, by contacting smallbusinessweek@sba.gov. Cosponsorship Authorization #SBW2013.

posted by Unknown at 11:40 AM - permalink 0 comments

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