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Independent Directors

Independent Director and Special Purpose Entities

When your deal calls for a Special Purpose Entity (SPE) and Independent Director services, make certain you select a company that knows what to do and how to do it. Make certain you select Paranet Corporation Services, Inc..

Paranet, through its affiliation with National Registered Agents, Inc. is the nation’s premier source for Independent Director, Independent Member, Springing Director/Member and Trustee services for all special purpose entities used in structured finance, credit, real estate and securitization transactions. And, Paranet is recognized, recommended and accepted by lenders, rating agencies and their counsel.

With a strong referral network due to outstanding client service, we have handled thousands of appointments for law firms, borrowers and lenders. Understanding the time sensitivity and complexity in these types of transactions, and knowing what to do and when to do it, is what sets Paranet apart. Staffed by attorneys and other legal professionals, Paranet’s expert team knows how to work efficiently and effectively. And, we do not require you to obtain expensive Director & Officer Insurance for each transaction.
Understanding each transaction can be complex and unique, Paranet offers flexible pricing based on an entity’s particular circumstance and the number of entities involved. Our veteran team will work with you to ascertain your needs quickly and deliver the required services you need. You can be confident that with Paranet, your SPE Independent Director/Member and other member staffing needs will be handled correctly, each time and every time when it counts the most.

To take advantage of Paranet’s SPE services for your next deal, contact your Corporate Sservice Specialist at 800-477-9977. Once contacted, our expert team will work with you and your team to quickly review and prepare the appropriate documentation in advance of any closing deadlines. Where circumstances dictate, Paranet can even turn documentation around in hours when special needs arise.

Representation by Private Agreement

When your transaction calls for special representation to ensure proper notice of legal process, Paranet can provide the service for you. Whether named in a loan agreement, shareholder agreement, lease or other legal contract, Paranet can represent your interests and ensure all proper legal notification is received and forwarded according to authorized instructions. Don't trust this service to just anyone. Choose a company that handles important legal correspondence every day. Paranet can also handle your specialty representation needs required by state or federal statutes. For details on these services, select Specialty Representation.

What you can expect expect from our compliance specialists providing you with our Annual Report Service

	Paranet will call each state and perform a Status Check on each entity to determine if the Annual Report/Registration has been filed, the next filing date and if it is in good standing. If we find any deficiencies, we will obtain the necessary forms to return to Good Standing.
	Paranet will obtain and prepare the Annual Reports/Registrations for each entity in each state prior to the due dates.
	Paranet will send completed Annual Report/Registration forms for execution to the customer, where necessary, prior to the due dates.
	Once the executed Annual Report/Registration is received in our office, Paranet will submit the Annual Report/Registration and advance all nominal filing fees to the appropriate state department.
	Paranet will track the filing to insure each Annual Report/Registration is filed.
	Paranet will post all filing information to our secured web site that you can access with your login and password.

Why do so many companies rely on our expertise and use our Annual Report Service?

	Managing the multiple jurisdictional deadlines can be very time consuming.
	Expert knowledge dealing with Franchise Tax Returns, Annual Reports, Biennual Reports.
	Exceptional Customer Service and Superior Technology

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