Voluntary dissolution
For a solvent company ending operations and winding up its legal affairs
Liquidation and restructuring
Dissolution, liquidation, and restructuring review for business transitions
We review paths for closure or restructuring in light of financial condition, creditor and shareholder interests, business viability, and responsibility.
Approach
Connecting procedure with practical operations
A business exit connects internal approvals with creditor protection, assets and liabilities, notices and filings, contracts, employment, and tax coordination. Where insolvency may exist, ordinary liquidation and insolvency proceedings must be distinguished.
When this may help
Identifying the path that fits the circumstances
Restructuring
For considering business reduction, debt adjustment, or operational reorganization
Rehabilitation or bankruptcy
Where insolvency or excess liabilities may require a court-supervised process
Scope
Key legal and operational issues
Financial and legal position
Identify available paths from assets, liabilities, security, disputes, and material contracts.
Corporate approvals
Organize required approvals, appointment of liquidators, and authority.
Creditor protection and filings
Review notices, communication with known creditors, claims, and related filings.
Assets, contracts, and employment
Review disposition of assets, payment of liabilities, contract termination, and employment matters.
General process
Defining sequence and scope for the matter
Available procedures and directors’ duties may change with solvency and liabilities. Specific review is needed before distributing assets or delaying creditor-related action.
- 01
Position and objective
Confirm financial condition, viability, and stakeholder objectives.
- 02
Compare available paths
Compare the conditions and consequences of liquidation, restructuring, rehabilitation, or bankruptcy.
- 03
Decisions and safeguards
Prepare corporate decisions and safeguards concerning creditors, personnel, and shareholders.
- 04
Implementation and closure
Proceed with filings, notices, settlement of assets and liabilities, and closure.
Tell us about the current position and objective
Based on the available materials, we will explain an appropriate scope and next steps.
Contact the office →