Dissolving and Winding up a Business
This typically occurs in two situations. The first is when a business is sold completely and the second is when the owners just want to shut the business. In each case the owners want to know how to terminate the existence of the entity, how to legally distribute the remaining assets, what bills need to be paid and what final reports and returns need to be filed.
There are other issues that also need to be addressed. What ongoing liability do the owners face? Do the owners need to maintain insurance coverage's for any period of time? How long do the owners need to keep records?
The business lawyers at Williams, Welser, Kratcoski & Can, L.L.C. have helped our clients successfully dissolve businesses over the years and we have faced all of these questions. We will be happy to meet with you, discuss your particular situation, and demonstrate further the value that we bring to the table with respect to successfully guiding you through the process of dissolving and winding up your business.
Contact us and arrange to meet our business attorneys in Kent, Ohio, today.
