Virginia’s State Corporation Commission has taken another incremental step in its efforts to improve Internet accessibility for its database of more than 400,000 registered business entities.
Corporations now can file their annual reports and pay annual registration fees online, according to an SCC news release.
The service is available through the SCC’s eFile website, which has been [...]
Entries Tagged as 'Corporate Law'
SCC adds e-filing for corporate annual reports
August 16th, 2010 · Comments Off · Corporate Law, SCC
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Fiduciary duty claim kicked out of court
May 14th, 2007 · Comments Off · Corporate Law, Fairfax
The lead story in this week’s issue of Virginia Lawyers Weekly presents a case with a first-impression issue of corporate law.
In WAKA LLC v. Humphrey, a case involving an adult kickball league, Fairfax Circuit Judge Leslie M. Alden found that members of an LLC owe no fiduciary duty to one other.
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Judge rejects ‘deepening insolvency’ theory
May 3rd, 2007 · Comments Off · Corporate Law, bankruptcy
In case you’ve been waiting for a Virginia court to weigh in on the theory of “deepening insolvency,” that time has come.
The theory is a way of holding corporate directors liable for operating a financially strapped company in a way that only digs a deeper hole – penalizing them for not knowing when to quit.
“Deepening [...]
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