Dissolution and liquidation
- Dissolution
- Deficit liquidation
- Liquidator
- …
Dissolution and liquidation
When a business is no longer profitable or there is no succession or you simply want to stop, you can proceed to dissolve and liquidate your company. This means that your company will lose its legal personality and legally cease to exist.
The major difference from bankruptcy is that a dissolution and liquidation is done on its own initiative. As always, the dissolution and liquidation of companies is subject to numerous rules and conditions. We are happy to assist you throughout the process from the start to the conclusion of the liquidation.
Deficit settlements
We also have extensive experience with so-called deficit liquidations. In fact, it is also possible to dissolve and liquidate your company when there are not sufficient funds to pay all debts.
In other words, it is not always necessary to file for bankruptcy when you can no longer pay your debts. In this case, however, there is an additional check by the corporate court.
Voluntary dissolution and liquidation
If you opt for a voluntary dissolution and liquidation, a liquidator will always need to be appointed. This liquidator's task is to sell the remaining assets and use the proceeds to pay the debts. The task of liquidator obviously entails many responsibilities and therefore liabilities.
We have extensive experience performing the mandate of liquidator. In this way, you are sure that all conditions and obligations are fulfilled without having to worry about liability.
