All good things come to an end and that could include a limited liability company or LLC. California law will change in 2017 and make it easier to dissolve and to wind up its affairs. If you’re involved in an LLC and thinking it’s run its course and time to pull the...
When the members decide to dissolve a limited liability company (LLC) in a court proceeding, it is generally the last resort for the aggrieved investors and business owners. It is an extreme court remedy which is initiated by a lawsuit from a member. It is often not...
When the investors or entrepreneurs set up a limited liability company (LLC) for their business ventures, most of the time they want the endeavor to be successful and lasting. However, there are times when the members will need to dissolve the business affairs of the...