Business Dissolution

California Business Dissolutions

Before breaking up or dissolving your business, it is important to develop a comprehensive exit strategy. Whether a partnership, corporation, or joint venture, you must know how to create a plan that shields you from continuing liability, yet resolves all ongoing business issues with minimal financial and emotional effects.

Diemer & Wei, LLP, understands that fact and effectively protects the interests of people during the dissolution of family-owned businesses, partnerships, limited liability companies, S-corporations, closely-held companies and other commercial entities in the San Jose, Silicon Valley and San Francisco Bay areas of Northern California.

For an honest, objective perspective on the business dissolution process and your specific situation, call or contact an attorney at our firm for an initial consultation.

Business Dissolution Practice

Businesses may end for a variety of reasons. In many cases, the decision to dissolve a business entity is voluntary and mutual. In other situations, businesses may be forced into dissolution because of external factors beyond the control of the owners, partners or stakeholders involved. Whatever the case, it is important to recognize that you do have some control over how the business ends.

Our practice includes:

  • Contested business dissolutions: We routinely file and defend motions to compel the business dissolution in situations where partners or stakeholders cannot reach a mutually satisfactory agreement.
  • Minority shareholder oppression: We represent minority shareholders in disputes involving freeze outs, self-dealings, unfair compensation plans, and the abuse of minority shareholders.
  • Breach of fiduciary duty: We pursue and defend claims against directors or officers alleging breaches of fiduciary duty and other forms of financial misconduct.
  • Usurpation of corporation: We represent shareholders and business partners in suits against officers who used the corporate entity for improper advantage.

Whatever the reason for the breakup, our lawyers can help you explore options and consider the ramifications of dissolving your business while protecting your interests inside and outside of the courtroom. They will work closely with you and collaboratively with each other to design strategies that will effectively shield you from the continuing liability associated with ongoing business activities and future disputes.

Some legal issues are too important to be entrusted to anyone less than an experienced legal team. At our law firm, all of our attorneys have the experience you need. To schedule a consultation — call our law offices directly at 408-971-6270 or contact us online.