Thu, January 10, 2013
Valerie Jundt, Managing Director of Keane Consulting & Advisory Services Team is joined by Delaware Secretary of State Jeffrey Bullock and Geoffrey Sawyer from Drinker Biddle & Reath, LLP for this informative session on the new Delaware VDA Program.
This new program will provide holders the opportunity to take advantage of a favorable reachback and report past-due unclaimed property liabilities with all fines and penalties abated. Once approved, the State also agrees not to audit the company for those periods in the scope of the VDA. This is a significant development and benefit to all companies incorporated in Delaware.