Business Succession Planning
Wind Up, Dissolution And Succession Of A Business
Business entities do not exist always exist in perpetuity. Changed circumstances may require a business to “wind up” its operations and dissolve, or, in other instances, a business may be merged with or acquired by another entity.
These issues of wind up, dissolution and succession can raise a host of legal issues that result in litigation. It is not uncommon for disputes to arise among shareholders, partners or members over the valuation and distribution of the entity’s assets. Disputes also may arise over the business’s or its owners’ responsibility for the outstanding liabilities of the business at the time of wind up, dissolution or succession.
Resolution of these issues can be high stakes and legally complex and can vary depending on whether the business is a corporation, partnership or limited liability company. The attorneys at Houston Harbaugh, P.C., in Pittsburgh, Pennsylvania, have experience representing businesses and their owners in litigation involving the wind up, dissolution and succession of businesses.
Get Business Termination Guidance From Skilled Lawyers
Our lawyers, are well acquainted with the issues posed by the wind up, dissolution or succession of businesses. For more information, call 412-281-5060 or send our litigation attorneys an e-mail by completing the contact form on this website.
Our firm has been serving the changing needs of businesses in Pittsburgh for decades. We also represent clients throughout the state. We take pride in delivering great value and unmatched service.