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LEXIS-NEXIS ACQUIRES INCORPORATION COMPANY; INVESTS IN LAW COMMERCE.COM.


Lexis-Nexis Group (Dayton, OH), a division of Reed Elsevier, has acquired CorpAmerica, Inc. (Dover, DE), a full-service incorporation firm. The acquired firm will become a part of Lexis Document Services (LDS LDs

See: Liquidated damages
), a provider of UCC-related lien searching and filing services. No terms of the deal were given.

CorpAmerica provides services associated with incorporation and foreign qualification, document retrievel and public record searches, as well as registered agent services in all 50 states. It was established in 1989.

LDS president Bob Glass said "there are a lot of changes taking place in the public records arena. Electronic filing and searching, and changes in UCC An abbreviation for the Uniform Commercial Code.  Article 9 will provide us with a significant number of new opportunities." According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 CorpAmerica, annual UCC filings will increase from 30,000 to 300,000 after the Article 9 changes take place in July 2001.

The acquisition is the fifth made by Lexis-Nexis since the beginning of the year. In that time, the company has acquired the Business Information Product division of the Financial Times Group, RiskWise International, Press Access and Mealey Publications.

In related news, Lexis-Nexis has taken an undisclosed, minority equity interest in LawCommerce.com (San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , CA), an online center for legal communications, collaboration research and e-commerce currently under development. LawCommerce plans to develop and market products and services for the legal profession, including Web-based research tools, online training and continuing legal education The purpose of continuing legal education is to maintain or sharpen the skills of licensed attorneys and judges. Accredited courses examine new areas of the law or review basic practice and trial principles. , as well as e-commerce applications. Other investors in LawCommerce.com include a number of law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
, Anderson Consulting and Ernst & Young.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:LEXIS-NEXIS ACQUIRES INCORPORATION COMPANY; INVESTS IN LAW COMMERCE.COM.
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 22, 2000
Words:251
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