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Highlights from the 2015 Annual Conference

2015 Annual Conference

The National Public Records Research Association held its 2015 Annual Conference on Thursday, September 17 - 19, 2015 at the Loretto Inn and Spa in Santa Fe, NM. The conference offered attendees information on the latest legislative issues, tips on getting the best results for their companies and the opportunity to broaden their scope of knowledge regarding public records research. There were also nightly opportunities to network and socialize with colleagues while exploring the beautiful and historic city of Santa Fe.

Conference sessions are summarized below. If you would like to view the conference program, please click here. NPRRA Members may view the conference presentations on the presentations page. Be sure to check out NPRRA's Facebook page to view photos from the event!

Session Recap

Trust Your CAPE

Ron Black, The Mentor Group

Today’s challenges are many and the risks are real, but for those who are able to tap into their inner superhero and make the leap, opportunity abounds! Black helped attendees face their challenges by teaching them to engage with others, shift their attitudes, focus on results, and unleash their everyday superpowers to achieve extraordinary results. The program’s interactive design was a great way to start the day.

E&O/GL Insurance

Mike Luttrell, Walker Brothers Insurance
Andy Herbert, Swett & Crawford Group

This session focused on the importance of Errors and Omissions Liability Insurance for NPRRA programs. The NPRRA has partnered with Mike Lutrell of Walker Brothers Insurance to develop an insurance program that is tailored to fit the insurance needs of NPRRA members. The session addressed attendees’ insurance coverage needs, the risks of loss to their organizations, and possible claim scenarios for their consideration.

Proper Succession Planning for Your Business

Jeff Campbell, Wealth Concepts Financial Group
Doug Greiss Esq., Greiss Law Firm

One of the most important things you can do for your customers, family, and business relationships is to take the time to address business succession. You have invested a great deal to grow and build your business, and in that process, to establish your place within the market and your community. In this session, the speakers addressed the business and legal framework in which attendees could responsibly address how to create a successful succession plan for both planned and unplanned transitions that works to take care of the business’s stakeholders and maintains the business’s value for the long-term. Specific topics from the legal side included putting together enforceable owner buy-sell agreements and structures.

LLC Member/Manager Indemnification

Doug Greiss Esq., Greiss Law Firm

Indemnification provisions are common in contracts. While one of the more important provisions, for business owners, they are often shrouded in mystery, misunderstood, and somewhat inaccessible. By considering indemnification for members and managers of LLCs in LLC Operating Agreements, attendees worked with the speaker to demystify the concept and how it works. The focus was on indemnification of members/managers in LLCs, but the session also provided businesses with a framework for understanding these provisions in all types of contracts.

UCC Article 9 – Highlights of the 2010 Amendments and Ongoing Issues

Norman Powell, Esq., Young Conaway Stargatt & Taylor, LLP

The current version of UCC Article 9 generally took effect on July 1, 2001. In most states, it was amended as of July 1, 2013. The 2010 Amendments include provisions that clarify, rather than change, what was intended by Current Article 9, as well as substantive changes include two alternative approaches to the vagaries of determining individual debtors’ names. Alternative A, the “only if” approach, requires that such names be rendered as they appear on a driver’s license or other specified document. Alternative B, the “safe harbor” approach, merely creates a safe harbor for financing statements naming debtors thus. The classification of certain entities as “registered organizations” is clarified, as is the record to be consulted to determine a registered organization’s name. The much-misunderstood “correction statement,” which has no legal effect and can be filed only by a debtor, was renamed an “information statement,” and continues to have no legal effect. This presentation reviewed these important amendments from a practical perspective. It concluded with a consideration of the growing problem of unauthorized “rogue” filings, sometimes made to harass public officials, and the various responses to the problem.

Series LLCs: A Good Idea at the Time, But Now, Not So Much

Norman Powell Exq., Young Conaway Stargattt & Taylor, LLP

A “series” is like, but not quite, a subsidiary. About a dozen states currently offer Series of LLCs. Most can have their own assets and liabilities. Generally, Series can conduct their affairs in their own names. Where the requisite steps are taken, the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a particular Series are enforceable against the assets of such Series only, and not against the assets of the LLC generally or any other Series. But it’s unclear whether a given state will honor another state’s Series or their internal liability shields. Moreover, significant issues arise when a Series purports to become a debtor for Uniform Commercial Code Article 9 purposes, and the Bankruptcy Code’s applicability to Series is simply unknown. This presentation provided an introduction to Series, and highlights uncertainties under current law.

Acrobatics for Overachievers

Ron Black, The Mentor Group

Today’s top achievers are plagued with churning priorities, competing deadlines, and long hours. This novel control-point technique combines what we know about high-performance, project management, and life-balance to improve productivity, job satisfaction, and our overall sense of well-being. Participants learned how to get in control of results that count, how to reduce stress and lead a healthier, more productive work-life balance. This upbeat program will teach you how to simplify priorities, build momentum, and deliver results with control-point strategies. It also helped attendees find their optimum productivity zone, stop their stressors, and rethink and rebalance their daily approach to productivity, health, and their overall well-being.

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