Are you considering or searching for how to conduct a thorough corporate dissolution in California? This is a hard time for all involved, and there are many details to complete in order to close the business of an LLC, S-Corporation or C-Corporation. What are the steps necessary to conclude the business of the company, while ensuring that the owners maintain the personal protections of the corporate entity? How do members, shareholders or minority interests protect their position during the dissolution and ensure that they are justly compensated for their interest when possible?
Thorough corporate dissolution in San Diego begins with the corporate documents. Every company can have different procedures for dissolution of the entity crafted into the operating agreement, corporate bylaws or shareholders’ agreement. It is important to follow those procedures, even if they differ from California laws in most cases. But how will you know the difference and make sure to protect your interests and legally complete your company’s closure?
The attorneys at the Watkins Firm have more than four decades of experience serving the San Diego and California business community. Thorough corporate dissolution in California requires extensive experience and legal skill, as well as the integration of professionals in other disciplines such as accounting and tax preparation.
The attorneys at the Watkins Firm will protect your interests, and work to bring the business of the company to a close. We will work to efficiently and expediently resolve all outstanding business disputes and litigation, contract disputes, and do everything possible to ensure the protection of the corporate veil.
Pro-Tip: “We sell a lot of companies every month here. And we have a whole team of lawyers and paralegal and assistance that if we’re selling, we get through the letter of intent offer process. And then we identify, help our clients identify all the disclosures they have to make, put together their schedules. And we have wonderful transactions attorneys that actually close deals. So I know we’ve talked about this, but a transactions attorney is someone you’d really like to hang out with and talk to because they’re nice guys, and ladies! and a litigator is someone you want to know their opinion on who would win in a fight. Right?
We’ve had clients for decades. And when our clients do well, our attorneys feel like they’re doing well outside of whether they’re getting paid a whole bunch of money or not or fees or anything. We have long term clients. And our attorneys really feel good when things turn out for them because a, on the litigation side, they go through stress and we go through stress. And when we resolve a dispute and our clients are happy, we’re happy.
Our clients have owned their company for years and years and years, and they want to sell it. They believe they have a good deal on the table and we want to do everything we can to make sure that goes smoothly. And our client gets all of their benefits of the bargain, everything they wanted. We want to do our best to make sure they get that. And if it happens and they’re happy, then we are proud. We’re very proud and we’re happy for them. So this combined knowing someone for 30 years, their highs and lows, their difficult times, their good times, you can imagine, you really feel a bond for your clients.
If you are bringing your company to a close, and working through a corporate dissolution, we will help to make sure every necessary step is taken correctly so that you can receive a “Clearance Certificate” from the California Franchise Tax Board, establishing the fact that your company has filed all required tax returns, paid all obligations, and consent from the State of California too allow for the dissolution of your LLC or corporation.” – Dan Watkins, Founding Partner
If you are searching for help with an efficient corporate dissolution in San Diego we invite you to review our podcast Episode 19 – Your Business Attorney is a Valuable Partner as well as the strong recommendations of our clients and contact the Watkins Firm or call 858-535-1511 for a complimentary consultation today.
Protect yourself. Ensure that your company is dissolved and that you are free to pursue your next project.