Should you need to shutter your business, dissolving your LLC is a major part of closing down your operations. Going through the proper dissolution steps can protect you from potential liabilities. In ...

Many businesses today are formed as limited liability companies. When a business venture is concluded or is unsuccessful, the limited liability company is dissolved. The dissolution process and ...

In the past few months, I have gotten questions about how one should properly dissolve an LLC business. As I have indicated in the past, a SCORE mentor does not give legal advice. However, I will ...

Once a business owner decides to go out of business, they may not be enthusiastic about taking the time to wrap things up properly. But filing paperwork with the state and notifying creditors are ...

Nolan Shanahan and David Meglino of Cole Schotz discuss LLC dissolution and write that the decision in 'In re 1545 Ocean Ave., LLC' continues to reverberate as practitioners and the courts grapple ...

The limited liability company, a legal business structure under state laws, offers favorable features of both the corporation and partnership structures. Dissolution, which often is voluntary, is the ...