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  • dissolving an llc FAQ


    Yes, the EIN is entity specific. If you had one assigned to a company and closed it, you apply for a new EIN for the new entity


    Dissolve your partnership!


    the cost of filing the papers, so call the court house and ask.


    It depends on the contract. The contract would have provisions in it having to do with all that. Also, you would be liable if a part of the contract specifically states that you are signing it personally besides signing it as a representitive of the LLC.

    dissolving an llc news

    Contingent Fee Realized After LLC's Demise Belongs to Firm, Not Lawyer Who ...

    18.05.12 , Colo. Ct. App., No. 10CA2005, 2/16/12).

    The court adopted what it described as the majority view: a contingent fee earned during the winding-up of a defunct law firm is subject to the fee-sharing arrangement that existed at the time of the firm's dissolution. This proposition applies not just to law partnerships but also to firms organized as LLCs, the court decided.

    In his opinion for the court, Judge Steven L. Bernard drew heavily on partnership law except in one respect—the issue of compensation for the lawyer who completed the contingent fee case.


    Source: Bloomberg BNA