CT (company)
Encyclopedia
CT is a wholly owned subsidiary of Wolters Kluwer
Wolters Kluwer
Wolters Kluwer N.V. is a global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors...

, a multi-national information services company based in the Netherlands with operations in 26 countries. CT is the umbrella brand for two businesses: CT Corporation and CT Lien Solutions. CT Corporation is the largest registered agent service firm in the world representing hundreds of thousands of business entities worldwide. It provides software and service solutions that legal professionals use.

History

The company now known as CT Corporation has been in the registered agent
Registered Agent
A registered agent, also known as a resident agent or statutory agent, in United States business law, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons...

 business since its founding in New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

 in 1892 with only 44 employees. The original charter of the company was handwritten and stated that its purpose was "to carry on a general agency business, especially the acting as agent of and trustee for corporations".

In 1895, what was then the Corporation Trust Company began assisting lawyers with the details of incorporating and qualifying corporations in all states and territories. They opened their first office in New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

 in 1899. In 1955, they exceeded 75,000 units of statutory representation (including domestic and foreign units).

Notables

  • In 1995 CT Corporation and CCH were acquired by Wolters Kluwer
    Wolters Kluwer
    Wolters Kluwer N.V. is a global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors...

    , a multi-national information services company based in the Netherlands with operations in 26 countries. CT becomes a sister company of CCH within the Wolters Kluwer
    Wolters Kluwer
    Wolters Kluwer N.V. is a global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors...

     organization.

  • In 2002 CT acquired Business Filings, Inc., an online incorporation firm based in Madison
    Madison, Wisconsin
    Madison is the capital of the U.S. state of Wisconsin and the county seat of Dane County. It is also home to the University of Wisconsin–Madison....

    , Wisconsin
    Wisconsin
    Wisconsin is a U.S. state located in the north-central United States and is part of the Midwest. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michigan to the northeast, and Lake Superior to the north. Wisconsin's capital is...

    . The terms of the deal were not disclosed. The company is now known as BizFilings.

  • CT announces its reorganization in 2006 into four business units: Compliance & Governance, UCC Solutions, Litigation Solutions, and Trademark Solutions. CT now includes CT Corporation, CT Lien Solutions, CT Summation, CT TyMetrix and CT Corsearch.

  • In 2006, after being acquired by Wolters Kluwer
    Wolters Kluwer
    Wolters Kluwer N.V. is a global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors...

     in 2004, Summation Legal Technologies becomes CT Summation joining CT TyMetrix in CT Corporation's Litigation Solutions group.

  • CT has more than 1,500 employees in 43 cities nationwide. CT Corporation is the largest registered agent
    Registered Agent
    A registered agent, also known as a resident agent or statutory agent, in United States business law, is a business or individual designated to receive service of process when a business entity is a party in a legal action such as a lawsuit or summons...

     service company in the world.

  • As of January, 2007, CT Corporation represented 227,459 business entities in Delaware
    Delaware
    Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...

     and over 16,663 active entities in Nevada
    Nevada
    Nevada is a state in the western, mountain west, and southwestern regions of the United States. With an area of and a population of about 2.7 million, it is the 7th-largest and 35th-most populous state. Over two-thirds of Nevada's people live in the Las Vegas metropolitan area, which contains its...

    .

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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