Capitol Times Newsletter

 

September 2020 | Vol. 32 | No. 3
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Capitol Services800.345.4647
info@capitolservices.com
Capitol Times

BENEFIT CORPORATIONS AND BEYOND

With business success no longer defined by profit alone, the number of social enterprise businesses continues to grow. In addition to financial performance, businesses today are valued by their impact on society. As a result, one or more social enterprise business entities are now recognized in most jurisdictions.

Effective
Introduced
No Legislation
Map Illustration Courtesy of Vecteezy

 

COMPREHENSIVE COURT RESEARCH

Capitol Services has you covered

Over the past few years, Capitol Services has taken every opportunity through our newsletters, webinar offerings, and educational social media posts to promote the value of comprehensive searching when it comes to litigation and bankruptcy due-diligence. There are over 3,000 counties in the U.S., and within those counties there are multiple courts hearing civil cases. Because there is no nationwide search database, those hunting for cases and judgments must determine which courts need to be researched. Regardless of where an entity is domiciled, they may be sued in multiple jurisdictions across the states. Entities filing for bankruptcy may forum-shop to determine which jurisdiction will be most beneficial in regard to their situation. Researchers must have a firm grasp on the details of all courts available so they may make an educated decision on how deep they wish to dig.

It is our understanding that some other search providers in our industry are including state courts with general jurisdiction on their lien search estimates, but omitting some local courts that may be equally important to our customers. Though this might make a competitive estimate look great on its bottom line — what are you missing that could have dire consequences when details are later reviewed? Don’t forget the old adage you get what you pay for.

Comprehensive Court Research

Did You Know?

INDEPENDENT DIRECTOR SERVICE NOW AVAILABLE

Structured finance transactions frequently call for the formation of a special purpose entity (SPE) to isolate assets and limit risks associated with bankruptcy. In addition, the appointment of an independent director or manager may be required to provide an independent vote regarding certain actions designated in the SPE’s operating agreement. An independent director or manager is not involved in the management of the SPE but is appointed to provide independent judgment upon a triggering event, such as insolvency.

Through a proven relationship with one of the nation’s top wealth advisory and financial firms for corporate transactions and restructuring, Capitol Services now has a trusted source for independent director and independent manager services.

You are accustomed to Capitol Services’ fast, reliable service to meet your transactional needs. You will experience the same level of service when you contact us for your independent director or manager needs.

A Closer Look with...

Parrish Madonia
PARRISH MADONIA

2007 · Baton Rouge

What have you found to be your biggest silver lining during this quarantine period?

Sleeping late and making it to the office (dining room) on time.

What is the scariest thing you’ve ever done?

Going to the top of the Stratosphere in Las Vegas. As soon as the elevator started going up, I went to my knees and stayed there until I was back down on the first floor. I couldn’t move. Everyone’s laughing — I thought I was going to have a heart attack.

What is something you hate, but wish you loved?

Heights — I believe being so scared of heights has caused me to miss some fun adventures.

Describe one of your parent’s funniest traits.

My mom is not a drinker, but she loves this blueberry wine and when she drinks this she likes to dance to Cajun music with an imaginary partner. I guess I take after her a little because I don’t drink much either, but when I do I’ve been known to dance with a few chairs! LOL

 


Rob Yoho
ROB YOHO

2017 · Austin

What have you found to be your biggest silver lining during this quarantine period?

Two of my pals and I do a New York Times crossword over video chat every week. We’re getting pretty good! Can destroy a Thursday now and I do mean DESTROY!

What is the scariest thing you’ve ever done?

Skydiving. It was a total surprise, and I think that was the best way to make me do it.

What is something you hate, but wish you loved?

Popcorn. At the movies I am always looked on as a pariah, even though I always remind everyone “You know for sure I will not steal any from you.”

Describe one of your parent’s funniest traits.

My mom can fall asleep ANYWHERE, and she passed this trait to me. We both fell asleep at a Rush concert.

Anniversaries

HELLO, SON-SHINE!

Noah Ray

On July 13 Kim and David Tadlock (Tallahassee) welcomed Noah Ray to their growing brood. Baby boy Noah weighed in at 7 pounds, 5 ounces, 20″ long, and was eagerly met by big brother, Eli (16 months).

Right: Noah Ray Tadlock 

Noah Tadlock

Miller Rhea

Amari Ingram (Austin) and husband, Pierce, welcomed their first-born, Miller Rhea, on July 13. This little guy weighed in at 9 pounds and 21″ long.

Right: Miller Rhea Ingram 

Miller Ingram
 

EMPLOYEE ANNIVERSARIES
We’d like to give a big shout-out to the following employees who are celebrating 5 or more years with the Capitol Services group of companies this quarter. Thank you!
Carol Erwin
Pauline Butler
Donna Quickenton
Natalie Holmes
Bobbie Marmolejo
Leigh Johnson
Wally Boggus
Micah Caudle
Mary Ybarra
Geneva Harrison
Mary Ann Quick
Jason Brantley
Annie Roberts
Gerianne Lawrence
Wayne Rafanelli
Janine Bequette
Sadi Boyette
Denisha (Dee) Embry
Lynette Bass
Kay Crawford
Jessica Davis
Landon Russell
Steve Elias
Winter Gordon
Brian Radecki
Alicia Pacey
Kathryn Ball
Stephanie Herget
07/22/1991
08/24/1992
08/18/1997
08/03/1998
07/12/1999
08/01/1999
09/01/2000
07/23/2001
09/27/2004
08/29/2005
09/01/2005
07/16/2007
08/13/2007
09/01/2007
07/01/2011
07/25/2011
08/10/2011
08/12/2011
09/26/2011
09/03/2013
07/15/2014
07/16/2014
07/06/2015
08/10/2015
08/18/2015
09/08/2015
09/14/2015
09/14/2015
Austin
Austin
Albany
Albany
Austin
Sacramento
Austin
Austin
Austin
Austin
Austin
Austin
Austin
Austin
Dover
Dover
Dover
Dover
Baton Rouge
Austin
Dover
Austin
Sacramento
Baton Rouge
Austin
Austin
Austin
Carson City
WELCOME NEW EMPLOYEES

Austin

We’re excited to welcome Rhonda Peirce back, this time as a member of our ARMS team. Previously a long-time member of our registered agent department and prior to that a member of our UCC team, this marks the third return for Rhonda since 1990, and we’re always happy to have her.

LIFE INSIDE

Passing Time through the Pandemic

Our employees have found new ways to entertain themselves through 2020. Linda Frank (Albany) has taken up knitting and mastered the chunky blanket. Believe it or “knot”, these cozy knits were made using solely her hands – no knitting needles involved!

Meanwhile, Michelle Ellis (Carson City) and husband, Kevin, have found more time to focus on their garden this year. Michelle swears that Kevin has the green thumb, but that she’s lucky enough to be his assistant this summer!

Linda Frank's knitted blankets
Above: Linda Frank’s cozy stockpile of knitted goods.
Michelle Ellis' garden
Above: The fruits (and vegetables) of Michelle Ellis’ labor.

Where's Logo?

AROUND THE OFFICE

Logo’s playing it safe through the pandemic, and hopes that you are, too!

Get your good lookin’ self in our newsletter! Just take a photo in your Capitol Services t-shirt on your next trip and share it with us. 

Logo answer phones at Austin headquarters

 

#CapitolProTip

Ask your CSR for up-to-date turnaround times as they may be impacted by COVID-19.

Above and Beyond

Five-star service from Brian:

“Greatly appreciate your help! The superior customer service Capitol Services provides is the reason I am switching all of my clients over from [a competitor].”

— Alice W. G. – Denver, CO

Kelsey gets it done:

“Thank you so much for helping me out. You jumped right on it and got it done. You truly are an attorney’s tool. You work with experience (it shows) and confidence.”

— Gloria C.  – Dallas, TX

Val and Christine, lien machine:

“Woot! I’m working with the Dream Team!”

— Lisa C.  – Dallas, TX

Brian Radecki
Brian Radecki
Kelsey Hjornevik
Kelsey Hjornevik
Val and Christine
Valeria Villarreal and Christine Jones

Staying in Touch

This is a year like no other. Normally we would have been hosting client receptions, attending tradeshows, and sponsoring seminars. However, since 2020 is marching to the beat of its own drummer, our folks won’t be in cities like Toronto, Dallas, Houston, St. Louis, and Tampa Bay as originally planned. Hopefully next year will be different.

In the meantime, we have been planning our participation in the International Practice Management Association’s (IPMA) annual conference. Like other conferences this year, it will be held virtually so we will host a virtual exhibit booth and Zoom happy hours.

While we miss seeing our friends and clients in person, we look forward to reconnecting with you during a less socially-distant time when we can toast to health, friendships, and our continued working relationship.

In the meantime, wash your hands often, don’t touch your face, and stay safe.

A trusted nationwide provider of registered agent, corporate, and lien services since 1978.
Albany  |  Austin  |  Baton Rouge  |  Carson City  |  Dover  |  Sacramento  |  Tallahassee

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Capitol Services
206 E. 9th St., Ste. 1300
Austin, Texas 78701

800.345.4647

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