Alert: CFOs & Corporate Tax Departments of Delaware Corporations

CFOs and corporate tax departments of Delaware corporations beware:

Delaware’s unclaimed property liability disclosure period ends June 3, 2014. See  the announcement below for details. You may reduce your company’s liability very substantially.

Delaware VDA Program Alert

Your company may have substantial unclaimed property liability to Delaware whether or not you have and office or transact business in Delaware. For a good primer and warning about the issues, see the article Unclaimed Property: Basics and New Developments by Stanford Stevenson on p. 14 of the issue of Delaware Lawyer below: